AI firm Anthropic confidentially files for IPO with $65 billion funding round, targeting $1 trillion valuation amid competition with OpenAI and SpaceX. Anthropic, the artificial intelligence company behind Claude, has confidentially filed for an initial public offering wit
Firm maintains bullish forecast, citing $305 EPS and easing Middle East tensions as key catalysts for equities. Oppenheimer has reaffirmed its year-end 2026 S&P 500 target of 8,100, originally set in December when the index traded at 6,870. The forecast implies 18% upside
SpaceX's 9.9% rally offset semiconductor declines, while banks and industrials lifted the Dow midday Tuesday. The Dow Jones Industrial Average rose 0.8% by midday Tuesday, extending Monday’s record high, as financials and industrials led gains. JPMorgan Chase and Goldman S
High yield 4.927% WI level at the time of the auction 4.937% Tail -1.0 basis points Bid to cover 2.75X Directs (domestic demand) 19.9% Indirects (international demand) 73.2% Dealers 18.5% Auction Grade The 20 year issue is not a major interest for investors. High Yield The
Elon Musk's SpaceX overtakes Amazon in market valuation amid AI infrastructure expansion and post-IPO momentum. SpaceX's valuation reached $2.8 trillion, surpassing Amazon, as its shares surged over 10% on post-IPO momentum and AI infrastructure deals. The company plans to
PWR stock rises 1.05% to $731.93, clearing key moving averages after a December base reset. Quanta Services (PWR) climbed 1.05% to $731.93, trading in a buy zone after rebounding from its 10-week line and surpassing 21-day support. The move follows a December base reset, s
Easing crude costs and higher refined petroleum exports helped shrink India’s May trade gap from April’s $28.38 billion. India’s trade deficit narrowed to $28.21 billion in May from $28.38 billion in April, as falling oil prices and increased refined petroleum exports offs
Vanguard ETF price drops after 6-for-1 split The Vanguard S&P 500 Growth ETF tracks the S&P 500 Growth Index, comprising 146 S&P 500 members that meet specific growth criteria. The ETF's price tag decreased after a 6-for-1 split in April, making it more accessible
NEW YORK, June 16 Oil prices fell about 5% to a three-month low on Tuesday as traders hoped the U.S. and Iran would agree to end the war and allow oil to flow through the Strait of Hormuz. Prices, which were already down about 4% Tuesday morning, extended those losses foll
SpaceX briefly surpassed Microsoft in market value, reaching $2.97 trillion amid a 67% rally from its IPO price. SpaceX’s market value approached $3 trillion Tuesday, briefly overtaking Microsoft and solidifying its place among the top US public companies. At a high of $22
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