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Anthropic is on track for an IPO expected in mid-November, reporting impressive revenues of $16.3 billion. However, the company faces a staggering net loss of over $80 billion for the year. Valuation expert Aswath Damodaran warns that IPO investor metrics can be erratic and heavily influenced by market sentiment. As Anthropic navigates an evolving business model, investors are advised to look beyond venture capital evaluations for a clearer understanding.

Oracle Financial Services Software announced on October 23, 2026, a 29 per cent rise in consolidated net income to ₹702 crore for the quarter ended September 30, 2026. Revenue for the quarter increased 7 per cent year-on-year to ₹1,907 crore.

Adani Power has reported a 142% increase in net profit for the July-September quarter. This profit was driven by strong electricity demand and exceptional prior-period income. Operating revenue for the company saw a nearly 30% increase compared to the previous year. The company also recognized significant revenue due to adjustments in historic energy charges under its power purchase agreements.

US stock investors are on the edge of their seats as they anticipate quarterly earnings from tech giants like Alphabet, Microsoft, and Amazon. This week is pivotal, with the Federal Reserve meeting also in sight, likely to shape how investors feel about the AI sector. After disappointing earnings from firms such as Meta and Lam Research, mixed sentiment looms over the market, especially with the midterm elections on the horizon.

The first tanker carrying Russian diesel to the United States has set sail under a new Trump-Putin deal. The shipment comes amid sanctions controversy and Ukraine's concerns over Russian oil revenue.

The chancellor will unveil AI spending aimed at shoring up the UK's defences in Wednesday's Budget.

TORONTO, Oct. 23, 2026 (GLOBE NEWSWIRE) -- LUNR Aerospace Corporation (the 'Corporation” or 'LUNR”) is pleased to announce that it has obtained a receipt for its final long form prospectus dated October 22, 2026 (the 'Prospectus”) from the Ontario Securities Commission qualifying the distribution of 7,925,925 common shares in the capital of the Corporation (the 'Common Shares”) issuable upon the automatic conversion of previously issued subscription receipts of the Corporation. Hampton Securitie