Market News

Anthropic Files to List as ANT With an $80.7 Billion Paper Loss and Founders in Control

Anthropic has publicly filed to list on Nasdaq as ANT, showing $16.29 billion in first half revenue and an $80.7 billion loss that is mostly a noncash convertible note charge. Its seven co-founders will

Elon Musk Floats a SpaceX Tesla Merger and Wall Street Flinches

Musk called a SpaceX and Tesla tie-up a good idea and revealed both boards are exploring one, but no proposal exists and shares slid. Analysts say the real prize is control of his AI empire.

Goldman Sachs Says AI Could Push 1 in 11 Workers Out of Their Jobs, and a Recession May Pull the Trigger

Goldman Sachs forecasts that AI could temporarily displace up to 9% of workers over the coming decade, and its economist warns the cuts are likely to hit hardest when the economy slows. Pantheon Macroeco

Washington Wants to Ban American Money From Any Chinese Company Building AI

Treasury has proposed banning U.S. investment in any Chinese company that develops AI, with no compute threshold and no notify only option. Public comments close December 7 before a final rule.

Meta’s Massive AI Spending Is Worrying Investors Despite Strong Business Growth

Meta beat revenue forecasts, but a $135 billion to $145 billion spending plan and its first negative quarterly free cash flow in years rattled investors. Here is what the numbers mean for the AI race.

Beijing Clears DeepSeek and MiniMax to Keep Their AI Models Flowing to the World

DeepSeek and MiniMax have cleared Beijing's new export registration, letting them keep open sourcing and licensing models abroad. The approval calms developers, and confirms China now runs a gate on its

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