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Anthropic IPO: What should investors consider when valuing the AI company? Aswath Damodaran explains
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.
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2 گھنٹے پہلے
Adani Power profit surges 142% on strong demand amid weak rains
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.
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3 گھنٹے پہلے
Wall Street Week Ahead: Earnings flood, Fed meeting will test rickety AI market rally
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.
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8 گھنٹے پہلے
LUNR Aerospace Corporation Obtains Receipt for Final Prospectus Accessible on SEDAR+
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
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8 گھنٹے پہلے
Elme Communities Announces Suspended NYSE Trading; Anticipates Trading Will Begin OTC Effective October 26, 2026
BETHESDA, Md., Oct. 23, 2026 (GLOBE NEWSWIRE) -- Elme Communities ('Elme” or the 'Company”) today announced that the New York Stock Exchange ('NYSE”) has exercised its discretionary authority in accordance with Section 802.01D of the NYSE Listed Company Manual to commence proceedings to delist Elme’s common shares of beneficial interest (the 'Common Shares”) from the NYSE due to 'abnormally low selling price” levels. The NYSE also immediately suspended trading of the Common Shares. Given the Com
8 گھنٹے پہلے