Tag: business news
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Anthropic CFO Krishna Rao is leading early IPO meetings with investors and has not discussed valuation, sources say
Anthropic CFO Krishna Rao is leading early investor meetings, which have focused on big-picture themes like its Claude AI models, management and more.
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OpenAI revenue chief Denise Dresser leaving, second major executive departure in days
Denise Dresser’s sudden departure could be a major blow to OpenAI as it pursues a blockbuster IPO.
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Josh Brown says this stock on his list is worth stalking for a big move higher
Josh Brown and Sean Russo break down this HVAC component supplier.
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This little-known data stock offers a way to play the AI boom, Bank of America says
MongoDB is a good play on AI because its data management systems are poised to provide services for a wide range of AI applications, an analyst says.
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Forget AI: One of the hottest trades right now is coffee
Coffee has become one of the best trades in the market lately, outpacing even artificial intelligence.
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Monterey Car Week auctions could hit a record $500 million, with help from younger buyers
A new generation of millennials and Gen Zers is taking over the collecting market from baby boomers and bidding up modern supercars at Monterey Car Week.
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New federal rules could end mortgage escrow interest for some homeowners. States are suing to block them
A new lawsuit challenges recently issued rules from federal banking regulators that preempts state laws requiring banks to pay interest on escrow accounts.
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Goat herding hedge: How Susquehanna and Kalshi are helping this company offset a change in California law
A goat herding business facing higher wage costs turned to prediction market platform Kalshi to hedge and help offset the possible expense.
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Retailer Five Below has surged this year thanks to viral squishy toys. Jefferies sees more gains ahead
Five Below is likely to gain even more ground by not only leaning into viral trends but by boosting its productivity and refining its strategy, per Jefferies.
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The Iran war risks bringing the G7’s fastest-growing economy to a halt
The U.K. economy is showing further signs of a long-awaited rebound, but the picture is complicated by the fallout from the Iran war and high energy prices.
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