Shri Keshav Cements reported a net loss of ₹517.30 lakh for the quarter ended June 30, 2026, even as total income from operations rose 16% year on year to ₹4,799.18 lakh. In the same quarter a year earlier, the company had posted a net profit of ₹309.42 lakh. Total expenses jumped 36%, largely reflecting higher finance costs and other unallocable expenses. The cement business, which contributed 87% of revenue, swung from a profit of ₹497.34 lakh to a loss of ₹113.87 lakh, while basic earnings per share were (₹2.95).

Anthropic raised $65 billion in Series H funding at the end of May, valuing the company at $965 billion, after earlier rounds included $15 billion from hyperscalers including $5 billion from Amazon. The Claude developer said its revenue crossed $47 billion in May as demand for advanced AI models surged. Investors expect annualized sales could reach $100 billion to $120 billion by the end of 2026, according to Yahoo Finance. Some in the market are looking toward an IPO valuation of $2 trillion, while deVere Group’s Nigel Green said investors are placing that bet in an already nervous environment.

SpaceX shares fell 3% to $137.52 in early Friday trading after the company completed its $60 billion acquisition of Cursor. The deal added roughly 29.1 million restricted stock units and 44.4 million Cursor stock options to SpaceX’s equity structure. A US SEC filing shows that, based on Cursor’s implied $60 billion equity value, about 319 million shares could become available on August 20. The stock ended Thursday down about 3% at $141.29, still above its $135 IPO price but about 30% below its June 16 closing high of $201.80.

JPMorgan’s latest quarterly filing shows it increased its stake in BlackRock’s Bitcoin ETF by 25% from the prior quarter to 10.4M shares. The bank’s Ethereum ETF position rose by more than fourfold to 1.17M shares. The moves highlight continued growth in traditional financial institutions’ allocation to crypto assets.

CIMG Inc. said in its Aug. 13 quarterly filing that it needs to raise capital immediately, despite holding 1,145.4 BTC valued at $67.19 million as of June 30. The company reported cash of $5,397, with $1.87 million in current assets versus $9.25 million in current liabilities, resulting in a $7.38 million working capital deficit. CIMG said it may monetize its Bitcoin holdings, but cautioned that Bitcoin is volatile and that the holdings are not committed or assured financing.

Bank Leumi, Israel’s largest bank, said it will partner with crypto financial services firm Galaxy to enable customers to trade Bitcoin, Ethereum and Solana. The trading features are slated to be integrated into the bank’s Leumi Trade digital banking app in early 2027.

The U.S. Office of the Comptroller of the Currency (OCC) has issued World Liberty Trust Company a preliminary conditional trust charter, allowing it to operate as a national trust bank and placing the issuance, custody and reserve management of the USD1 stablecoin under federal supervision. USD1 has a market capitalization of roughly $4 billion and ranks as the fourth-largest stablecoin by market value, according to CoinGape. The charter process has also drawn conflict-of-interest scrutiny.

Anthropic projects 2028 revenue of $190 billion to $200 billion, far above its current $47 billion run rate. The company’s run rate is about $9 billion at the end of 2025, and it forecasts at least $10.9 billion of revenue in the second quarter of 2026. It is also on track to post its first quarterly operating profit of $559 million.