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Bitcoin Slips Below $70K After Strategy's First-Ever BTC Sale
Bitcoin dropped under $70,000 after Strategy disclosed its first bitcoin sale, while U.S. spot bitcoin ETFs posted 11 straight days of redemptions totaling $3.45 billion.
Anthropic Takes Confidential Step Toward Public Listing Amid AI Boom
Anthropic has confidentially filed for an IPO, revealing its $965 billion valuation and $47 billion run-rate revenue. The move positions it ahead of rivals like OpenAI in the race to public markets.
SpaceX to Offer Early IPO Sale to Insiders Ahead of Record $75 Billion Listing
SpaceX is offering 5% of its IPO shares to select employees and insiders without standard lock-up restrictions, targeting a $75 billion raise at a $1.75 trillion valuation.
Anthropic Takes Lead in AI IPO Race with Confidential Filing
Anthropic has filed a confidential draft registration for an IPO, moving ahead of OpenAI. OpenAI is preparing its own filing with Goldman Sachs and Morgan Stanley.
IT Stocks Drive Nifty Recovery Despite Oil Surge and Foreign Selling
Indian shares rebounded on Tuesday as IT stocks surged, offsetting oil price gains and foreign outflows. Nifty 50 rose 0.18% to 23,425.40. Infosys, TCS led gains.
Broadcom Rises Ahead of Q2 Results as AI Chip Demand Takes Center Stage
Broadcom shares rose 3% to $459.97 ahead of Wednesday's Q2 earnings, with options pricing a 9% swing. Analysts raised targets as AI chip and networking demand remain in focus.
Digital Brands Group Soars 73% on $125M GCC Order Update, Dilution Risk Looms
DBGI stock jumped 73% to $0.84 after revealing initial orders from its GCC deal and a $125M U.S. program. After-hours trading pushed shares to $1.17.
Lithium Americas Surges on Thacker Pass Progress, Defying Sector Weakness
Lithium Americas shares jumped 5.8% to $5.51 as investors focused on accelerating construction at its Thacker Pass project, bucking declines in Albemarle and SQM.