2h ago
Anthropic targets more than $100 billion in annualised revenue in 2026 as it readies IPO as soon as November
Anthropic expects annualised revenue to surpass $100 billion in 2026 and is preparing for a stock-market debut as soon as November, the New York Times reported, citing people familiar with the matter. Its revenue run rate reached $65 billion by the end of July, up from $9 billion at the end of 2025. The increase reflects growing adoption of Anthropic’s Claude AI software by business customers to streamline coding and other workplace tasks.
2h ago
2h ago
Anthropic annualised revenue run rate tops $100 billion as it moves toward a possible November IPO
Anthropic’s annualised revenue run rate has surpassed $100 billion, about 50% higher than its pace two months ago, driven by demand for its Claude AI products such as Claude Code and Cowork. The company has signaled it is moving toward an IPO after confidentially filing on June 1, with trading potentially beginning as soon as November. The run-rate figure is a projection based on recent sales and does not mean Anthropic has already booked $100 billion in revenue.
2h ago
9h ago
Oscar Health says Thrive Capital completed common stock distribution to limited partners on 2026-09-18
Oscar Health said its majority shareholder, Thrive Capital, completed a distribution of Oscar Health common stock to its limited partners on 2026-09-18. After the distribution, entities affiliated with Thrive Capital and Joshua Kushner collectively hold about 4.7 million Class A shares and about 32.9 million Class B shares. Those holdings represent roughly 67% of the combined voting power of the company’s outstanding common stock.
9h ago
10h ago
S&P 500 Q2 2026 EPS surges 51% as Goldman says profits are running above trend
S&P 500 companies posted a 51% year-over-year jump in earnings per share in Q2 2026, lifting growth over the past four quarters to 26%. Major technology firms including Amazon and Meta are expected to spend about $800 billion on capital expenditures this year, up 94% from 2025. Memory-chip makers are seeing gross margins near 80%, and Goldman Sachs estimates S&P 500 earnings could fall by about 10% if overall chip gross margins drop from roughly 70% to the 15-year average of 55%. Large technology companies also generated more than $150 billion in private-investment gains during the quarter, contributing roughly 12% of S&P 500 EPS.
10h ago
12h ago
Paramount Skydance shares fall after FCC clears 49.5% foreign ownership cap
The U.S. Federal Communications Commission approved Paramount’s request to allow up to 49.5% foreign ownership, a move tied to its proposed merger with Warner Bros. Discovery. Paramount owns 28 television stations, requiring FCC approval to exceed the 25% foreign-ownership threshold. Shares fell more than 3% in the final minutes of Thursday trading, and the stock is down 43.87% over the past year.
12h ago
14h ago
Coinbase shares jump 12% to around $194 after SEC innovation exemption, Baird says it narrows gap with Robinhood
The U.S. SEC issued an “Innovation Exemption” that allows platforms to trade certain tokenized U.S. stocks on blockchains for five years. SEC Chair Paul Atkins said the move is intended to help bring U.S. capital markets into the digital age. Baird analyst Robert Bamberger said the exemption is a positive for Coinbase, making its asset-class offerings more comparable to Robinhood’s. Coinbase shares rose 12% on Friday afternoon to around $194, though Wall Street’s average target price of $201.31 implies about 4% upside.
14h ago