Anthropic revenue reportedly jumps to more than $11.5 billion in second quarter
The jump in revenue underscores the rapid growth of the Claude chatbot maker as it prepares for a potential blockbuster initial public offering.
Russia’s economy has defied the skeptics. Cracks are getting harder to hide
Russia’s wartime economy is under growing strain as its budget deficit widens and analysts warn pressure could intensify next year.
Nvidia discloses $21 billion stake in SpaceX at end of second quarter
Nvidia’s stake in SpaceX, which came through an investment in xAI, was worth about $21 billion at the end of the second quarter.
Luigi Mangione pleads guilty in federal case related to UnitedHealthcare CEO killing
Mangione’s lawyers argue his federal plea bars his prosecution for murder in state court for Brian Thompson’s slaying due to New York’s double jeopardy law
Reddit stock jumps on inclusion in S&P 500
Reddit shares jumped on the company’s inclusion in the S&P 500.
Mamdani’s NYC pied-à-terre tax can continue rollout during court appeal
The tax championed by Mayor Zohran Mamdani has drawn the ire of President Donald Trump, who said it must be stopped and vowed to explore federal options.
Apple’s Tim Cook joined by Howard Lutnick in opening Houston manufacturing plant
As Tim Cook gets set to step down as Apple CEO, he’s offering a glimpse into what he may be doing as chairman.
UConn women’s coach Geno Auriemma says WNBA should shift focus away from transgender debate
Geno Auriemma said the WNBA should steer attention away from the transgender athlete debate and focus more on basketball.
Kennedy Center board votes to put Trump name on facade despite court order
President Donald Trump’s name was removed from the Washington, D.C., performing arts center in June as the result of a lawsuit by an Ohio congresswoman.
Cisco shares slide 8% despite earnings beat and stronger-than-expected guidance
Cisco is showing booming demand for AI infrastructure, but its results weren’t good enough to satisfy investors.
