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S&P Global Ratings has revised Meta Platforms’ credit outlook from stable to negative, citing uncertainty surrounding capital spending and free operating cash flow. The decision adds…
U.S. technology stocks fell sharply on October 30 as Amazon’s AI investment plans and Intel’s cash burn warning unsettled investors. The Nasdaq dropped 2.86%, while chipmakers faced heavy…
The Nasdaq 100 has fallen more than 5.8% in October, putting over $2 trillion in market value at risk. Investors are questioning whether massive AI infrastructure investments can generate…
DoorDash has agreed to acquire grocery delivery rival Instacart for approximately $17 billion, valuing each share at $65. The proposed merger would combine their delivery networks and…
Verizon signed an AI infrastructure agreement worth more than $2 billion with Amazon Web Services and raised its 2026 earnings outlook. The company added 406,000 postpaid phone connections…
Anthropic reported $16.3 billion in revenue for the first half of 2026 as its operating loss narrowed to $693 million. Its net loss reached $80.7 billion, largely due to accounting charges…
Anthropic has publicly filed for an initial public offering, targeting a Nasdaq listing under the ticker ANT. The Claude developer reported rapid revenue growth alongside substantial net…
Anthropic’s public IPO filing reports $16.3 billion in first-half 2026 revenue and an $80.7 billion net loss, largely due to accounting charges. The Claude developer also faces enormous…
Fitch Ratings says Hungary’s fiscal plans could put the country on track to meet eurozone entry requirements by 2030. However, high public debt, spending pressures, and other economic…
London Stock Exchange Group has agreed to acquire credit intelligence provider Octus from Permira-backed funds and company management for $3.535 billion. The deal will expand LSEG’s…
American Express plans to eliminate about 3,500 jobs, or about 5% of its global workforce, as it restructures operations and prepares to use artificial intelligence more widely. The cuts…
S&P Global warns that rising diesel prices, fertilizer supply disruptions and El Niño could threaten agricultural production worldwide. The combined pressures may push food prices higher in…
