Anthropic reported third-quarter revenue of $16.8 billion as growth slowed from the previous quarter, raising questions about its planned IPO valuation. US wholesale inflation accelerated to 6.3% annually in September,…
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US stocks ended mostly higher on Thursday as investors shifted away from some artificial intelligence-related stocks and into healthcare, consumer, and other defensive sectors amid concerns about elevated borrowing costs…
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ServiceNow shares NOW rose 6.2% in trading on Thursday after TD Cowen raised its price target on the enterprise software company to $165 from $140 and reiterated its Buy rating.…
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Microsoft shares rose on Thursday as five Wall Street firms raised their price targets, citing demand for its Azure cloud platform and growing enterprise adoption of artificial intelligence, even as…
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Micron Technology, SanDisk and SK Hynix stocks continued to fall on Thursday as concerns about Chinese memory-chip competition and a broader artificial intelligence sell-off weighed on the sector. Analysts see…
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Tesla TSLA shares fell close to 2% on Thursday, extending their losing streak to four sessions as a broader technology sell-off and speculation about a potential merger with SpaceX weighed…
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Taiwan Semiconductor (TSM) plans to spend as much as $64 billion on capital expenditure (capex) this year, a commitment that could understandably make some shareholders nervous. But the size of…
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Intel INTC and Advanced Micro Devices shares extended their losses on Thursday as the semiconductor sell-off continued across the sector, with even Taiwan Semiconductor Manufacturing Co.’s record quarterly results failing…
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Berkshire Hathaway has given Bending Spoons (BSP) a powerful endorsement, agreeing on Oct. 14 to invest another $330 million after committing $600 million at its July initial public offering. The…
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Nvidia stock NVDA continued to fall on Thursday as a sell-off in artificial intelligence-linked stocks intensified amid concerns that rising interest rates could constrain AI investments and fresh data pointed…
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