Business & Finance
A bruising October for technology stocks — the Nasdaq-100 finished the month down nearly 7% — sent investors rotating into consumer staples, which surged 11.4%, as a packed week of earnings, the midterm elections, and the jobs report looms.
Sara Montes de Oca · 4 DAYS AGO
Business & Finance
Anthropic publicly filed for a Nasdaq IPO Monday under the ticker "ANT," disclosing $16.29 billion in first-half revenue — up 1,304% year over year — alongside an $80.7 billion net loss and ongoing legal battles with the U.S. Department of Defense.
TechEchelon Staff · 8 DAYS AGO
Business & Finance
A hotter-than-expected consumer price index reading and growing concerns about AI sector debt sent the Nasdaq down 4.5% last week — its worst weekly performance since June — while the VanEck Semiconductor ETF posted its steepest weekly decline since July.
Jay Goldberg · 16 DAYS AGO
Business & Finance
Research firm New Constructs has valued Anthropic at $150 billion and labeled its planned Nasdaq listing the "most ridiculous IPO of 2026," citing a $42 billion net loss in 2025 and growing competition from open-source AI models.
Jay Goldberg · 27 DAYS AGO
Business & Finance
U.S. stock futures edged up 0.1% Sunday evening as investors monitored elevated Treasury yields and looked ahead to Federal Reserve meeting minutes due Wednesday for clues on the central bank's next rate move.
Marc Sabatini · 30 DAYS AGO
Business & Finance
Michael Burry is expanding short positions on Micron Technology, Palantir, Nebius Group, and a semiconductor ETF, arguing that rising Chinese memory chip production will end the current structural shortage and trigger a sector down cycle.
Sara Montes de Oca · 41 DAYS AGO