Anthropic expected to receive high ‘junk’ rating from credit agencies after IPO, FT report says
Anthropic is expected to receive a high rating of “junk” from credit rating agencies after its IPO, according to a Financial Times report. The FT reports that investment giant Blackstone, the lead investor in a recent $63 billion deal to…
Gold Falls Below $3,900 and Silver Falls as Wall Street Selloff Triggers Liquidation – Kitco PM Report
(Kitco NewsWire) – Spot prices for gold and silver fell sharply Friday in late U.S. trading as a technology-driven stock market selloff intensified liquidation pressure on precious metals, offsetting support normally provided by falling Treasury…
McDonald’s McRib lawsuit moves forward after federal judge’s ruling
A ‘Barron’s Roundtable’ panel discusses how the fast-food chain will handle the strain on consumers’ wallets. A federal judge ruled Friday that McDonald’s must face a proposed class-action lawsuit accusing the fast-food…
Wyoming couple who sold everything to live on a cruise ship stranded in Cambodia
A Laramie couple who sold their home and possessions to live on a cruise ship during their retirement years were among those stranded in Cambodia when their cruise ship operator abruptly suspended all company operations. The excellent adventure became a…
Hanwha Philly Shipyard Selected to Build US Navy Landing Ship Medium (LSM)
TOTE Services has selected Hanwha Defense USA to build the U.S. Navy’s first landing craft medium (LSM) at Hanwha Philly Shipyard in a $269 million deal. Press release from Hanwha Defense USA ARLINGTON, Virginia, October 30, 2026 — Hanwha Defense…
Waymo chooses the Toyota bZ4X as its next robotaxi, which will debut in Japan in 2027
Waymo adds the Toyota bZ4X to its robotaxi lineup. Toyota will build a customized version of the electric SUV with the Waymo Driver integrated directly on the line in Japan, and a test fleet will begin operating there in 2027. This is the first real…
Amazon’s decline could prove to be a gift for investors. Stephanie Link says buy it
Amazon shares fell after earnings disappointed Wall Street. But Stephanie Link says it’s a buying opportunity. In the video above, Link presents his buying argument. Among his reasons: AWS cloud unit numbers were really good. They simply did not…
Cracks appear in AI spending boom
Investors are growing nervous about spending on AI infrastructure, just as big tech companies are doubling down. In the past two weeks, Alphabet, Amazon, Meta and Microsoft have announced plans to spend more than $740 billion in capital spending this…
Stocks fall on concerns over AI cash burn while bonds rebound with oil
By Sinéad Carew and Iain Withers NEW YORK/LONDON, Oct 30 (Reuters) – A sharp decline in technology stocks on Wall Street pushed the MSCI world index down 1.5% on Friday, sending investors back to the safety of U.S. bonds on concerns that large,…
Tested: the 2027 BMW i3 50 xDrive is in a separate Neue Klasse
First came electric vehicles that looked very clearly like electric cars, with wacky designs showcasing their futuristic powertrains. Then there was a generation that hid EV powertrains under bodywork shared with combustion models. And now we’re…