SpaceX set an IPO record. Now there’s hope that Anthropic could shatter it.
A new report says that some Anthropic investors expect the company to seek a $2 trillion to $3 trillion valuation, above SpaceX’s $1.7 trillion milestone.
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What 21st Century ROAD to Housing Act means for homebuyers and sellers
Bipartisan legislation intended to increase the U.S. housing supply and improve affordability is now law — but experts say homebuyers and sellers shouldn’t expect fast relief. The 21st Century ROAD to Housing Act automatically became law on Saturday after President Donald Trump neither signed it nor vetoed it within a set timeframe. The legislation combines…
Fauci Contempt Of Congress Resolution Passes Along Party Lines
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Indonesian stocks enter a bull market on rally from five-year low
An Indonesian worker walking next to a screen featuring market trading information at the Indonesia Stock Exchange (IDX) in Jakarta. Adek Berry | AFP | Getty Images Attractive valuations, quick intervention by local financial regulators and a gradual return of foreign investors have helped Indonesian stocks reach bull-market status after hitting a five-year low in…
Under Greg Abel, Apple and Alphabet Now Make Up Nearly 30% of Berkshire Hathaway’s $348 Billion Stock Portfolio. Here’s Why.
Warren Buffett’s successor is putting his own stamp on Berkshire Hathaway (BRKB 0.45%), and it looks a lot more like an artificial intelligence bet than the value portfolio that investors are used to. Nearly 30% of Berkshire’s roughly $348 billion stock portfolio is now tied to just two semi-AI-linked names: Apple (AAPL +0.26%) and Alphabet…
Wind and solar projects get court reprieve on tax credits
Companies that have been developing wind and solar projects have found their plans scuttled by changes in federal policy under the Trump administration, including changes in tax laws and regulations, but a recent court decision provided them with a little breathing room. Processing Content Last month, the U.S. District Court for the District of Columbia…
Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory
Chinese startup Moonshot AI has released the latest version of its Kimi AI model, further shrinking the performance gap between Chinese and U.S. models just as global businesses are increasingly questioning the cost of deploying models from Anthropic and OpenAI. On July 16, Moonshot AI unveiled Kimi K3, the latest version of its Kimi model….
