Anthropic IPO: Investors weigh growth, losses and risks
Anthropic’s IPO prospectus is full of details that investors can get excited about — and worried about. The company’s bulls applaud its 1,300% annual sales growth, 900% net revenue retention, and 85% implied gross margin. But its supporters…
US consumer confidence recovers in October with falling gas prices
WASHINGTON (AP) — Americans’ confidence in the economy rebounded somewhat in October as gas prices fell slightly, although it remains much more expensive refuel than last year at this time. The Conference Board said Tuesday that its consumer…
Stock market today: Dow climbs while Boeing plunges; Broadcom appears after the anthropogenic report
The Dow Jones Industrial Average seesawed, but other major stock indexes traded higher Tuesday afternoon as the Federal Reserve’s two-day policy meeting got underway. Broadcom (AVGO) made a bullish move amid a report that it helped Anthropic secure…
Microsoft to report first quarter results as Wall Street looks for further growth from Azure
Microsoft (MSFT) will report its first quarter results after the bell on Wednesday, giving the market a better view of demand for AI applications and services. The announcement comes just two days after Microsoft said it would offer buyouts to more than…
Ford Fathom will be the cheapest American electric vehicle capable of powering a home
Ford today announced two new EV chargers that will allow its upcoming Fathom pickup truck to serve as a battery capable of supplying electricity to the home or the grid. The new chargers promise to cost about half the price of Ford’s existing…
Endless cruise comes to a screeching halt as fuel prices rise 344%
A cruise ship selling the promise of a permanent life at sea has come to an abrupt halt. Villa Vie Residences, which operates the residential cruise ship Villa Vie Odyssey, announced on Tuesday that it had suspended its operations in Cambodia due to the…
There is not enough money in the world to finance the AI boom
The biggest gamble in American history continues to grow, and we are all holding on. Tech companies have recently launched a record rush for cash to fund data centers, computer chips, and technology and equipment to power artificial intelligence. This…
American Airlines Raises Annual Fees on Rewards Cards for the First Time Since 2018
An American Airlines Boeing 777-223(ER) takes off from Barcelona-El Prat Airport in Barcelona, Spain, April 29, 2026. Jeanne Valls | Nuphoto | Getty Images American airlines is raising the annual fees on two of its rewards credit cards for the first…
Honda warns that 50% auto tariffs in Canada would be catastrophic
DETROIT — The auto industry faces a “catastrophic” scenario if the United States and Canada fail to reach a new trade deal by the end of this year, a top executive said. Honda engine warned Tuesday. President Donald Trump has threatened to double tariffs…
Citi AAdvantage Platinum and Business Card Changes: Higher Fees, New Benefits
Citi and American Airlines have entered into a co-branded credit card deal, which includes five U.S.-issued cards. It was just announced that we’ll see changes to mid-range personal and business cards – we’re talking about the Citi AAdvantage…