Anthropic files for Nasdaq IPO as first-half loss hits $80.7 billion
Anthropic filed its public S-1 on October 26, 2026, and plans to list on Nasdaq under ANT, but it has not set the share count or price range. The filing shows rapid…
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Markets, companies, trade and finance.
Indian stocks fall for fourth day as smaller companies suffer steep losses
Indian shares reversed early gains on Friday, October 23, extending their losing streak to four sessions. Smaller companies suffered the heaviest weekly losses, while…
Musk confirms Tesla–SpaceX merger talks, with terms still unsettled
Elon Musk said on October 20 that independent committees were assessing a Tesla–SpaceX merger. The companies have a combined valuation of roughly $3.5 trillion, but no…
JPMorgan puts Bitcoin in its model, but not its portfolios
JPMorgan Asset Management has added Bitcoin to its 2027 long-term market assumptions for the first time, assigning it a 10% annual compounded return over 10 to 15 years…
SpaceX heads into earnings with shares back near their IPO price
SpaceX is due to report third-quarter results after the market closes on October 20, with investors watching whether sales growth, Starlink pricing and heavy AI spending…
Volkswagen plans worldwide pay freeze until 2030, IG Metall says
German union IG Metall said on October 19 that Volkswagen wants to suspend pay increases worldwide until 2030. It warned of real-income losses of at least 10% if the…
Paramount completes Warner Bros. Discovery takeover, creating Skydance
The October 6 deal brings two Hollywood studios, CNN, CBS News and major streaming platforms under one company. Skydance plans to combine its streaming services, while…
Oil prices fall as Middle East exports rise and G7 plans reserve release
Brent closed at $100.32 a barrel on October 5 as higher Middle Eastern exports and a planned emergency reserve release eased supply pressure. Risks to regional oil flows…
U.S. offers final 40 million barrels from reserve as stocks hit 1982 low
The Energy Department said the operation completes Washington’s 172-million-barrel contribution to an International Energy Agency response. The reserve stood at 283.8…
U.S. and China set reciprocal tariff framework covering $60 billion in goods
Washington and Beijing agreed on a framework covering about $30 billion of goods from each side, while leaving the size and timing of any tariff cuts to later legal…
Chevron and NABEP Announced Ambitious Plans for Oil Production in Venezuela
Chevron plans to invest about $7 billion in Venezuela’s oil industry over five years, and NABEP has been granted 100-year rights to develop 17 oil fields. These combined…