AI
Anthropic Closes $65 Billion Series H at $965 Billion Valuation, Eclipsing OpenAI as the World’s Most Valuable AI Startup
The AI valuation race just flipped. Anthropic closed a $65 billion Series H round…
Author: Scott Allan
Author: <span>Scott Allan</span>
Business
Gap Stock Drops 14% After Old Navy Stumbles on Dresses and the Retailer Slashes Full-Year Sales Guidance
Gap Inc. just reminded Wall Street that even the best turnaround stories have fragile…
Markets
Samsung Ships First HBM4E Memory Chips, Seizing the Lead in AI’s Most Critical Supply Chain Race
Samsung Electronics just fired the starting gun on the next phase of the AI…
Analysis
Bitcoin Drops Below $73K as Stocks Hit Records: Why Crypto Is Diverging
Bitcoin slid below $73K and Ethereum near $1,986 even as US stocks hit records,…
Economy
US GDP Cut to 1.6% as PCE Inflation Jumps to 3.8%, Pressuring Fed Rate Path
Q1 GDP was revised down to 1.6% as April PCE inflation hit 3.8%, a…
Business
Costco Q3 Sales Hit Record $69B as Value Shoppers Drive 9.8% Comp Growth
Costco posted a record Q3 with net sales up 11.6% to $69.15B, comps up…
Business
American Eagle Stock Drops 12% as Comparable Sales Fall, Signaling Consumer Strain
American Eagle stock fell 12% after Q1 comparable sales at its namesake brand turned…
AI
Dell Stock Surges 40% on $16B AI Server Boom, Raises 2027 Guidance to $167B
Dell stock soared 40% after AI server revenue jumped 757% to $16.1B and the…
Aviation
FAA Grounds SpaceX Starship After V3 Booster Failure, Weeks Before Its IPO
The FAA grounded SpaceX's Starship and ordered a mishap probe after the V3 booster…
Consumer Behavior
Dollar Tree Beats on Q1 Earnings and Lifts Its 2026 Outlook as Margins Outrun Tariffs
Dollar Tree beat Q1 estimates with sales up 7.2% and adjusted EPS up 38%,…