Market & news
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Anthropic reported $16.8 billion in third-quarter revenue and a second consecutive quarter of adjusted profitability as it prepares for a potential November IPO.
by Ryan Perrakis//5 minute read
TSMC's third-quarter 2026 profit climbed 69% to a record as AI chip demand lifted revenue, with the company expecting continued strength in advanced semiconductors.
by Scott Matherson//4 minute read
Renewed Houthi attacks on Saudi Arabia and strikes on ships near the Strait of Hormuz complicate Trump's Iran war strategy and threaten oil-market stability.
by Ryan Perrakis//4 minute read
Berkshire Hathaway is investing another $330 million in Bending Spoons, lifting its stake to 4% as the Italian technology group expands its digital media portfolio.
by Best Owie//4 minute read
The OCC says nine major US banks had policies that could restrict banking access based on political affiliations, religious beliefs or lawful business activities.
by Scott Matherson//4 minute read
Netflix is cutting about 1,000 jobs, or 6% of its workforce, in its largest layoff round since 2022 as competition intensifies across streaming.
by Kayode Adeoti//4 minute read
BlackRock attracted $205 billion in Q3 2026 inflows as assets under management reached $15.49 trillion, with ETF and bond funds driving demand.
by Best Owie//5 minute read
The September 2026 CPI report lifted Treasury yields and Fed rate-hike expectations, putting mortgage rates and rate-sensitive stocks under pressure.
by Ryan Perrakis//5 minute read
Gold's move above $4,200 has renewed focus on real interest rates, but hotter US inflation, rising Treasury yields and a stronger dollar pressured prices on October 14.
by Scott Matherson//5 minute read
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