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Companies pour huge sums into artificial intelligence investments

OpenAI's valuation fell to $1.25 trillion. Anthropic plans an IPO with a target valuation of at least $1.5 trillion.

BREAKING: Nearly 1.2 BILLION $XRP is now held in ETF vault. Bitwise leads with 415.4M XRP, followed by Franklin Templeton with 310.4M. A massive amount of supply held by ETFs. BULLISH!

The Hindu Business Line

What investors should glean from Anthropic's prospectus

Anthropic's prospectus shows adjusted net income of $2.7 billion for H1 2026, a figure that includes non-cash adjustments. Revenue on a trailing 12-month basis reached $19.7 billion.

Binance says it replenished 90% of $6.3 billion lost in crypto hack; 10 cryptocurrencies fully backed

Ten cryptocurrencies are now fully backed by reserves. The group includes BTC, ETH and SOL.

Greater Kashmir

Gold tumbles Rs 3,200 to 10month low of Rs 1.42 lakh/10gm in Delhi

Gold prices in the national capital dropped Rs 3,200 to a 10-month low of Rs 1.42 lakh per 10 grams on Saturday, extending losses for the second straight session amid a sharp global selloff in precious metals.

Intel stock still not a buy after decline

Data center and AI revenue rose nearly 80% year over year to $7.3 billion, exceeding expectations. The CEO said server CPU growth is constrained by supply rather than demand.

Binance Confirms $6.3B Taken From Hot Wallets, Sets Aside Over $6.34B

Binance said users will not bear the losses. The exchange has set aside more than $6.34B. Withdrawals remain paused and are expected to resume gradually after the remaining security checks.

The Economic Times

US Bond Rally Pushes Yields to Biggest Monthly Drop Since 2023

Technology stocks sold off, triggering safe-haven buying. The 10-year US Treasury yield fell to 4.925%. The probability of a Federal Reserve rate hike in December was about 70%.

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