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Anthropic Q3 Financials Disappoint, Drag Nasdaq: Cramer
Anthropic reported Q3 revenue of $16.8 billion, up from $11.6 billion in Q2, with an 85% adjusted gross margin and positive free cash flow.Venture...
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Stocks plunge on hot inflation, hitting AI and crypto firms.
US stocks fell sharply Wednesday after September CPI rose 3.7%, above forecasts and the Fed's 2% target.AI infrastructure names led losses: CoreWeave dropped 16%,...
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AI-Built Free Office Clones Take on Microsoft 365
Developer Brandon Thomas released WordCraft, GridCraft, and DeckCraft, free open-source clones of Microsoft Word, Excel, and PowerPoint built with Rust and Anthropic's ClaudeWordCraft covers...
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StanChart: GENIUS Act biggest risk to stablecoin forecast
Standard Chartered delayed its $2 trillion stablecoin forecast to 2030 from 2028, citing supply stuck in a $300B–$320B range for the past year.Analyst Geoff...
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Strategy’s USD cash plummets 60% in six weeks
Strategy’s USD Cash dropped 60% from $1.61 billion on August 30 to $640.5 million on October 11, a seven‑week burn of roughly $970 million.The...
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OCC: Banks Restricted Crypto, Report Lacks Specifics
The OCC released a report on debanking, noting that banks restricted services for digital assets and other industries due to reputational concerns.The report followed...
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Coinbase: Start quantum prep now, Bitcoin changes take years
Coinbase, which custodies roughly 5% of all Bitcoin, is urging developers to begin quantum-proofing the network now, warning that consensus changes and migration "can...
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OpenAI CFO: Cybersecurity key growth driver in Europe
OpenAI CFO Sarah Friar identifies Cybersecurity as a major growth driver, with the business split evenly between consumer and enterprise customers.Friar pushes back on...
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Circle targets 40 developing markets for stablecoin push
Circle plans to enter about 40 developing markets, focusing on Southeast Asia, Latin America, Africa, and the Middle East.CEO...
Ark Q3: 10x Genomics, Palantir lead AI biotech gains
Ark Invest's Q3 portfolio report highlighted strong returns from its blockchain and AI-focused ETFs, led by Palantir.Biotech holding 10x...
KOSPI’s $2T Daily Loss Erases S.Korea Entire GDP, NPS Assets
South Korea's KOSPI index fell more than 8% on "Black Thursday," triggering a 20-minute trading halt and pushing its...
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