Markets
Anthropic Above, DeepSeek Below: OpenAI’s Squeeze Is Now a $1 Trillion IPO Problem
OpenAI lost the revenue lead to Anthropic and got sued by Apple in the same week. The structural problem is worse than either headline.
Section
Featured
Featured stories from BusinessTech News: the editor's pick of the most consequential reporting and analysis across business, technology, markets, AI, and policy. Each entry was selected because it captures something larger than a single news cycle (a market shift, a regulatory turning point, an executive decision with multi-year consequences). Read here for the BTN view of what matters most this week, this month, and this year.
Business
Kroger Q1 Earnings Will Tell Us Everything About the American Consumer Right Now
Kroger reports first-quarter fiscal 2026 results before the bell on Wednesday, and the numbers…
Business
Snap’s $2,195 AR Glasses Just Landed, and Wall Street Already Has Questions
Snap just bet a decade of R&D on a single product launch. The company…
AI
Microsoft Kills Most Internal Claude Code Licenses After Per-Engineer Costs Hit $2,000 a Month
Microsoft just pulled the plug on most Claude Code licenses inside its Experiences and…
Business
BMW Profit Warning Sends Shares Down 8% as China Slump and Iran War Crush Margins
BMW just told investors to brace for a brutal year. The German automaker slashed…
Analysis
Fed Signals Rate Hike as Nine Officials Back Higher Rates in Warsh’s First Meeting
The Federal Reserve held interest rates steady on Wednesday, but the real story was…
AI
Washington Pulls the Plug on Anthropic’s Most Powerful AI Models Over Jailbreak Fears
The U.S. government just did something no regulator has done before: it ordered a…
AI
Apple’s WWDC 2026 Bet: A Gemini-Powered Siri and the $3 Trillion AI Accountability Test
Apple's June 8 WWDC centers on a Gemini-powered Siri overhaul in iOS 27, the…
Analysis
Consumer Confidence Hits the Tape as Record Stocks Collide With Record-Low Sentiment
The Conference Board's May read lands as record-high stocks collide with record-low consumer sentiment,…
Energy
Stocks Open Higher as Fresh Iran Strikes Test the S&P 500’s Record Run
Wall Street reopened higher after Memorial Day, but fresh US strikes on Iran split…
Markets
Salesforce Q1 FY2027 Earnings Wednesday: Agentforce’s $800 Million ARR Faces Its Prove-It Quarter as CRM Stock Searches for a Bottom
Salesforce reports Wednesday with Agentforce at $800M ARR and CRM down about 30% YTD.…
AI
SpaceX Files for a $1.75 Trillion IPO. The Money Furnace Is xAI, Not the Rockets.
SpaceX filed for a $1.75 trillion IPO, but its S-1 shows a $4.3 billion…
AI
Google I/O 2026 Live: Gemini Omni, Googlebooks Laptops, And Android XR Glasses Land In Make-Or-Break Keynote For $190 Billion AI Bet
Sundar Pichai takes the I/O stage at 10 a.m. PT with the heaviest deliverable…
AI
Anthropic Hits #1 On CNBC Disruptor 50, Knocks Out OpenAI: How An $30 Billion Run Rate And $900 Billion Valuation Reset The AI Pecking Order
Analysis
Bitcoin Crashes Below $77,000 As Bond Yields Hit 19-Year High: Inside The $657 Million Liquidation Cascade Reshaping Crypto
Markets
30-Year Treasury Yield Tops 5.1% As Oil Hits $107: Markets Price In Fed Rate Hike By March
AI
Nvidia Earnings Preview: $78 Billion Quarter, $725 Billion AI Capex, And A Bond Market In Revolt
AI
Anthropic $30 Billion Funding Round At $900 Billion Valuation Closes In On OpenAI’s IPO Math
AI
Anthropic Just Passed OpenAI In Enterprise AI Adoption: How Claude Code Quietly Flipped The Business Market And Cracked The OpenAI IPO Story
AI
Bill Ackman Drops $2.1 Billion On Microsoft At 21x Forward Earnings: Inside The Pershing Square Bet That Says Wall Street Got Azure Wrong
Analysis