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Tech stocks powered gains on Wall Street, led by Alphabet and Apple, buoying the S&P 500 and Nasdaq despite cautious economic signals. Investors remain wary over AI adoption pace and slowing labor market, as Federal Reserve signals possible rate cuts ahead.
The Trump administration faces multiple legal challenges concerning its tariffs and immigration policies, with courts blocking certain measures but administration pushing appeals.
183 billion – Anthropic’s AI valuation after latest $13 billion funding round.
Kraft Heinz’s decade-old megamerger unravels with official breakup announcement, highlighting Warren Buffett’s costly investment misstep.
American Eagle’s marketing campaigns featuring Sydney Sweeney and Travis Kelce drive strong sales forecasts and impressive stock gains in apparel sector.
Anthropic Raises $13 Billion, Valuation Soars to $183 Billion
AI startup Anthropic secured record funding, tripling its valuation and intensifying competition in the artificial intelligence sector.
More on entrepreneur.com
Google avoids forced breakup in landmark antitrust ruling but faces data-sharing requirements, leading to a surge in its stock price.
Federal court orders Trump administration to unfreeze billions in frozen grants to Harvard after ruling freeze violations were unlawful.
ConocoPhillips Plans to Slash 25% of Workforce Amid Oil Price Declines
Energy giant ConocoPhillips announces major layoffs, reflecting sector-wide cost pressures and challenging market conditions.
More on bostonherald.com
ConocoPhillips announces plans to cut up to 25% of workforce amid sectorwide cost pressures and oil price decline concerns.
Stock Market rallies on technology sector strength with Alphabet and Apple driving gains, while investor worries linger around AI and economic data.
Federal court rulings invalidate Trump’s freeze on Harvard funding and block use of wartime law for deportations; Trump administration appeals tariff rulings to Supreme Court.
Salesforce’s quarterly earnings beat expectations but stock falls on cautious AI revenue guidance and restructuring charge escalation.
Polymarket, a crypto prediction market platform, cleared to restart US operations following the CFTC’s no-action letter, coinciding with Trump Jr.’s advisory role.
Independence of monetary policy is a critical element for its success.
— Stephen Miran, Trump’s Fed nominee
Anthropic raises record $13 billion in Series F round, boosting valuation to $183 billion, intensifying competition in AI startup space.
China showcases full nuclear triad and advanced AI weaponry in massive parade with global leaders attending, signaling strategic military deterrence.
Figma reports 41% revenue surge in first earnings since IPO but stock drops as expectations for sustained growth remain cautious.
Newsmax launches antitrust lawsuits against Fox News, accusing the network of monopolizing the right-leaning TV market and suppressing competitors.
Nvidia-backed American Bitcoin mining firm tied to Trump’s sons starts trading strong on Nasdaq, expanding Trump family’s exposure in crypto.
Asian fintech and AI startups secure large funding rounds, highlighting continued investor appetite in innovative technologies amid market shifts.
Federal Reserve Beige Book signals cautious sentiment with sluggish hiring and rising costs, stoking debates on near-term rate cuts.
The U.S. military strikes a Venezuelan vessel alleged to carry narcotics, killing 11, intensifying the war on drugs in the Caribbean region.
Japan issues warnings and engaging in negotiations on tariffs and trade talks, signaling tense economic relations amid geopolitical shifts.
Macy’s sees strongest sales growth in three years, raising guidance and crediting improved customer income demographics amid retail resurgence.
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