EU Lawmakers Push U.S. Trade Deal Toward Final Vote Ahead of Tariff Deadline
European Parliament’s trade committee advanced the U.S.-EU trade agreement, setting the stage for a full vote to avoid new American tariffs threatened for July 4.
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Anthropic Advances Toward IPO Following Massive Funding and Infrastructure Deals
Anthropic confidentially filed for an IPO after securing $65 billion in funding, expanding AI infrastructure, and boosting enterprise adoption of its Claude models.
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SAIC Posts $1.9B Revenue in Q1 and Boosts Full-Year Earnings Forecast
SAIC reported strong first-quarter results with $1.9 billion revenue and raised its full-year earnings and margin outlook, driven by strategic shifts and robust contract wins.
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Oil Prices Decline as US-Led Lebanon Ceasefire Talks Ease Market Tensions
Global oil prices fell after diplomatic progress on a ceasefire deal between Israel and Hezbollah eased fears of escalating conflict in Lebanon, tempering earlier gains.
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Capital B Seeks $122 Billion to Expand Bitcoin Holdings Through Share Issuance
French Bitcoin treasury Capital B proposes a massive fundraising plan to boost its Bitcoin purchases, asking shareholders to approve nearly $122 billion in new financing.
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Industry Leaders Weigh in on Anthropic’s Confidential IPO Filing and AI Market Prospects
Anthropic’s confidential IPO filing shakes up AI investment debates, highlighting challenges in enterprise adoption and market valuation amid a wave of major tech offerings.
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Robinhood Expands into Canadian Crypto Space with $180 Million WonderFi Acquisition
Robinhood has entered Canada’s crypto market by acquiring WonderFi for $180 million, gaining licenses and bringing Bitbuy and Coinsquare exchanges under its control.
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Berkshire Hathaway’s New CEO Initiates $6.8 Billion Homebuilder Acquisition
Greg Abel departs from Warren Buffett’s hands-off style, announcing acquisition of Taylor Morrison to consolidate Berkshire Hathaway’s homebuilding operations.
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San Francisco Mayor Proposes $17 Billion Budget Boosting Police and Firefighter Pay While Cutting Nonprofit Jobs
San Francisco’s $16.9 billion budget increases police and firefighter salaries significantly, avoids widespread municipal layoffs, but cuts nonprofit contracts amid ongoing fiscal challenges.
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HPE’s Strong AI Server Sales Drive Surging Earnings and Stock Price
Hewlett Packard Enterprise outperforms expectations with robust AI server demand, sharply boosting earnings, revenue, and raising its full-year outlook.
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Drag Activist Pattie Gonia Urges Patagonia to Withdraw Trademark Lawsuit
Drag performer and environmental activist Pattie Gonia has called on Patagonia to drop its trademark lawsuit that threatens her brand and activism efforts.
Corporate Power
Anthropic Advances Toward IPO After Surging Valuation in AI Race
Anthropic has confidentially filed for an IPO, joining a wave of AI startups going public amid soaring valuations and intense competition with rivals like OpenAI.