U.S. retail sales fell 0.6% in July, sharply missing forecasts for a 0.1% rise after a 0.2% gain previously. Softer-than-expected CPI and PPI data this week pushed market pricing for a Federal Reserve rate hike to 31% for September and 69% for December. The dollar index slipped 0.25% to 99.67 as the euro rose 0.32% to 1.1564 and the pound gained 0.33% to 1.353.

Anthropic forecasts 2028 revenue of roughly $190 billion to $200 billion, far above the $47 billion revenue run rate it disclosed in May. The company said its revenue run rate was about $9 billion at the end of 2025 and had climbed to more than $47 billion by May. Anthropic also projects at least $10.9 billion in revenue for the second quarter of 2026, more than double the prior quarter, and is on track for its first quarterly operating profit of $559 million. The figures underscore rapid growth that would underpin a potential $2 trillion IPO valuation.

On-chain data show whale Machi Big Brother reduced an ETH long position from 5,264 ETH to 2,500 ETH and sold three Bored Ape NFTs. The position is set to 25x leverage, with a liquidation price of $1,859.15 versus a market price of $1,881.65, leaving a $22.50 gap and elevated liquidation risk. The position is down 52.51% from July 14, while the liquidation price is $102.39 higher than it was then.

Nvidia disclosed in a filing with the U.S. Securities and Exchange Commission that it holds 122.8 million Class A shares in rocket company SpaceX, currently valued at about $21 billion. The disclosure was seen by the market as unexpected. It suggests Nvidia is positioning itself in aerospace and satellite communications.

Circle issued about 5.4 billion USDC and redeemed about 5.3 billion USDC in the seven days through Aug. 13. The net increase was about 100 million tokens, bringing total USDC circulation to 71.9 billion tokens, according to ChainCatcher. Reserves were about $72.6 billion. The reserve assets were mainly held in overnight reverse repurchase agreements, short-dated U.S. Treasurys, and bank deposits.

Shri Keshav Cements reported a net loss of ₹517.30 lakh for the quarter ended June 30, 2026, even as total income from operations rose 16% year on year to ₹4,799.18 lakh. In the same quarter a year earlier, the company had posted a net profit of ₹309.42 lakh. Total expenses jumped 36%, largely reflecting higher finance costs and other unallocable expenses. The cement business, which contributed 87% of revenue, swung from a profit of ₹497.34 lakh to a loss of ₹113.87 lakh, while basic earnings per share were (₹2.95).

Anthropic raised $65 billion in Series H funding at the end of May, valuing the company at $965 billion, after earlier rounds included $15 billion from hyperscalers including $5 billion from Amazon. The Claude developer said its revenue crossed $47 billion in May as demand for advanced AI models surged. Investors expect annualized sales could reach $100 billion to $120 billion by the end of 2026, according to Yahoo Finance. Some in the market are looking toward an IPO valuation of $2 trillion, while deVere Group’s Nigel Green said investors are placing that bet in an already nervous environment.

SpaceX shares fell 3% to $137.52 in early Friday trading after the company completed its $60 billion acquisition of Cursor. The deal added roughly 29.1 million restricted stock units and 44.4 million Cursor stock options to SpaceX’s equity structure. A US SEC filing shows that, based on Cursor’s implied $60 billion equity value, about 319 million shares could become available on August 20. The stock ended Thursday down about 3% at $141.29, still above its $135 IPO price but about 30% below its June 16 closing high of $201.80.