2h ago
Anthropic’s private valuation jumps 22x since June 2024, outpacing Nvidia and the Nasdaq 100 by about 10x
Anthropic’s private valuation has climbed 22-fold since June 2024, based on mutual-fund reported marks. The increase has outpaced both Nvidia and the Nasdaq 100 by about 10 times, even as Anthropic remains privately held, according to Bloomberg ETF analyst Eric Balchunas. After a May 2026 financing, the company’s post-money valuation reached $965 billion. Anthropic also said its annualized revenue run rate hit $65 billion by the end of July, up from about $9 billion at the end of 2025.
2h ago
4h ago
Midnight’s NIGHT jumps 13.2% to $0.04874 after permissionless mainnet contract deployment update
Midnight (NIGHT) rose 13.2% to $0.04874 after the network said its mainnet now supports permissionless contract deployment. The change lets developers deploy contracts freely, expanding potential ecosystem development. NIGHT’s market cap climbed 13.28% to $809.47 million, ranking 72nd on CoinMarketCap, while trading volume fell 18.16%. Charts show the price rebounding from around $0.037 after sliding from about $0.04428, breaking back above $0.040, $0.042 and $0.045, and nearing $0.049.
4h ago
4h ago
Micron Q4 FY26 results show sharp DRAM and NAND price gains as long-term deals lock in over 35% of 2030 revenue
Micron Technology’s Q4 FY26 results showed sharp increases in DRAM and NAND prices, with margins surging as supply-demand conditions tightened. The company has already secured more than 35% of its projected 2030 revenue through long-term agreements that include pricing bands and customer cash prepayments, extending revenue visibility. Despite a forward P/E as low as 5.5x, investors still need to watch AI capital-spending trends after 2028 and broader cycle risks.
4h ago
5h ago
U.S. stocks climb after September payrolls rise by 29,000 and Fed October hike odds fall to 23%
U.S. employers added 29,000 jobs in September, far below expectations and sharply slower than August, easing inflation worries. Traders cut the implied probability of a Federal Reserve rate hike at its October meeting to less than 23% from 64% a week earlier, according to CME Group data. U.S. stocks advanced on the shift, with the S&P 500 up 0.7%, the Dow up 250 points and the Nasdaq up 1.2%. The 10-year Treasury yield dipped below 5.17%, while Brent crude swung between $98 and $103.
5h ago
6h ago
Leslie’s files for Chapter 11, plans to close 76 stores
Pool and spa supplies retailer Leslie’s has filed for prearranged Chapter 11 bankruptcy protection and said it will close 76 stores. The restructuring plan targets a reduction of about $685 million of secured debt, representing 90% of its outstanding debt. The company has secured $90 million in debtor-in-possession financing commitments and a $60 million equity financing commitment. After the restructuring, an existing lender group is expected to hold a majority ownership stake.
6h ago
6h ago
Bitcoin breaks the $85,000 sell wall as traders shift focus to $100,000
Bitcoin pushed through a $85,000 sell wall that had repeatedly capped earlier advances, then set an intraday high at $87,000. Glassnode said some sell orders were filled and the rest withdrawn, leaving thinner visible sell-side liquidity above $87,000. The market is also showing an accumulation pattern similar to formations seen in March and April 2025 that preceded sharp rallies. Traders have now raised their target to $100,000.
BTC
BTC-0.72%
6h ago