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Anthropic plans to raise up to $64 billion (€57.1bn) in its upcoming initial public offering, the artificial intelligence giant said in a filing on Tuesday, in a listing that could value the company at up to $1.4 trillion (€1.25trn).
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Some yields make an investor’s eyebrows go up before the brain catches up. Kraft Heinz (NYSE: KHC) at 6.6% is one of them. Coca-Cola’s (NYSE: KO) 2.3% yield barely registers beside it.
Following the stock’s decline, Cathie Wood’s ARK funds bought more than 1.34 million shares.
eBay Inc. is rolling out a lower cost pickup and drop off shipping network, including expanded US logistics tied to the Depop acquisition, to make marketplace transactions cheaper and support higher listing and conversion activity.
Q3 revenue reached a record $16 million, up 342% year over year, driven by satellite deliveries and higher data-contract volumes. Satellogic posted its second consecutive quarter of positive adjusted EBITDA at $1.2 million, while reported GAAP net income of $28.3 million included a $30 million non-cash gain.
A PNC Bank employee was arrested after she stole more than $86,000 and spent it on gambling, the Allegheny County District Attorney’s Office announced on Tuesday.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Q3 revenue reached $183.5 million, largely due to $180 million in revenue recognized after FDA approval of SimpleScreen CRC under the Abbott agreement. Freenome reported net income of $60.1 million and ended September with about $430 million in cash and marketable securities, which it expects to fund operations into 2028.
Burry thinks Nvidia could soon offer “a heck of a trade,” though he sees its competitive edge weakening over the next five years.