The compute capacity, drawing on Google's tensor processing units, is set to come online in 2027 as Anthropic's run-rate revenue has more than tripled since late 2025
The compute capacity, drawing on Google's tensor processing units, is set to come online in 2027 as Anthropic's run-rate revenue has more than tripled since late 2025
Aria Networks said on Tuesday it has raised $125 million in its first series funding round, as the startup seeks to develop its AI networking infrastructure to meet the soaring demand for capacity amid the rapid adoption of artificial intelligence. Aria's network is designed to work with any AI chip on the market, including those from Nvidia and Google, giving companies the flexibility to upgra...
Aria Networks said on Tuesday it has raised $125 million in its first series funding round, as the startup seeks to develop its AI networking infrastructure to meet the soaring demand for capacity amid the rapid adoption of artificial intelligence. Aria's network is designed to work with any AI chip on the market, including those from Nvidia and Google, giving companies the flexibility to upgrade or switch hardware over time without overhauling their entire network infrastructure. Founded in 2025, Aria Networks is backed by Sutter Hill Ventures, Atreides Management, Valor Equity Partners, and Eclipse Ventures.
Faye Carruthers is joined by Suzy Wrack, Tom Garry and Anne-Marie Batson to review the FA Cup quarter-finals and assess a dramatic run-in at both ends of the WSL 2 table On today’s pod: Brighton produced the shock of the FA Cup quarter-finals with a deserved win over Arsenal at Meadow Park , while Chelsea, Manchester City and Liverpool also booked their places in the last four. The panel discuss F...
Faye Carruthers is joined by Suzy Wrack, Tom Garry and Anne-Marie Batson to review the FA Cup quarter-finals and assess a dramatic run-in at both ends of the WSL 2 table On today’s pod: Brighton produced the shock of the FA Cup quarter-finals with a deserved win over Arsenal at Meadow Park , while Chelsea, Manchester City and Liverpool also booked their places in the last four. The panel discuss Fran Kirby’s influence, Chelsea’s narrow win over Tottenham and Liverpool’s extra-time victory against Charlton. Elsewhere, the panel reflects on Birmingham City’s impressive showing against Manchester City, Charlton’s resilience and what the semi-final draw means, with Chelsea set to host City and Liverpool taking on Brighton for a place in the final. Plus: the WSL 2 title race takes centre stage. The panel assesses Birmingham City’s surge to the top, Charlton’s wobble and Crystal Palace’s late push, while also examining a tense relegation battle between Ipswich and Portsmouth. Also, attention turns to the international break as England prepare to face Spain in a crucial World Cup qualifier at Wembley, with the panel going over the injuries, tactical battles and what could decide the game. Sign up for our women’s football newsletter – all you need to do is search “Moving the Goalposts sign up” or follow this link . Continue reading...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Good morning! Here's the latest in trending: Endgame threat: Trump warns Iran as his deadline for the Strait of Hormuz looms, saying "the entire country can be taken out in one night." Record IPO: SpaceX ( SPACE ) outlines details of its IPO to bankers on Mon...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Good morning! Here's the latest in trending: Endgame threat: Trump warns Iran as his deadline for the Strait of Hormuz looms, saying "the entire country can be taken out in one night." Record IPO: SpaceX ( SPACE ) outlines details of its IPO to bankers on Monday and plans to kick off its roadshow in June. Savings tool: Treasury picks BNY ( BK ) as financial agent and Robinhood ( HOOD ) as brokerage to help run Trump Accounts for kids . What's the latest The $1.8T private credit market has been plagued by a surge in redemption requests amid fears of AI disruption and slowing returns. Business development companies, which directly lend to small- and middle-market companies, bore the brunt of the trepidation as they tend to have heavier exposure to software companies. But some banks are looking to capitalize on the recent pullback. More declines: At the center of these concerns has been Blue Owl ( OWL ), whose stock closed at a new low on Monday, just days after hitting a record intraday low after the firm said it will limit redemptions from two of its private credit funds. Blue Owl last week disclosed that one of its technology-focused funds, OCIC, received redemption requests exceeding 20% of its shares outstanding. That's much higher than the standard 5% quarterly limit. Other major names have also capped redemptions from certain private credit funds - KKR ( KKR ), BlackRock ( BLK ), Blackstone ( BX ) and others. Blue Owl: Redemptions Panic Creates A Hard-To-Miss Opportunity Bucking the trend: Goldman Sachs' ( GS ) private credit fund managed to avoid the sector-wide exodus, thanks to institutional investors . Redemption requests for Goldman Sachs Private Credit Corp. (GS Credit) were below the standard 5% quarterly cap during Q1. With retail and some wealth management investors pulling back from private credit, "we believe man...
Nathan Howard/Getty Images News AbbVie ( ABBV ) and Roche’s ( RHHBY ) Genentech unit have become the latest drugmakers to offer their medicines on TrumpRx, a government-run direct-to-consumer platform launched earlier this year, according to CBS News. The moves will make AbbVie ( ABBV ) and Roche ( RHHBF ) the 10th and 11th drugmakers selling medicines on the site, which provides some of the popul...
Nathan Howard/Getty Images News AbbVie ( ABBV ) and Roche’s ( RHHBY ) Genentech unit have become the latest drugmakers to offer their medicines on TrumpRx, a government-run direct-to-consumer platform launched earlier this year, according to CBS News. The moves will make AbbVie ( ABBV ) and Roche ( RHHBF ) the 10th and 11th drugmakers selling medicines on the site, which provides some of the popular medications to cash-paying customers at sharply discounted prices. AbbVie’s ( ABBV ) blockbuster arthritis therapy Humira will be available on TrumpRx at an 86% discount as part of a drug pricing deal the Trump administration reached with the U.S. drugmaker in January. According to another pricing deal with the White House in December, Genentech ( RHHBY ) agreed to sell its flu medicine Xofluza for $50 for direct purchases, down from a list price of roughly $168. Meanwhile, Amgen ( AMGN ), whose TrumpRx offerings began last month, will expand its portfolio on the site to include its arthritis drug Enbrel and plaque psoriasis therapy Otezla. The total number of products offered on TrumpRx has now reached 61, up from approximately 40 at the time the website launched in February. More on AbbVie, Roche Holding AbbVie: A High 2026 Earnings Bar, But Shares Are Attractive On Valuation AbbVie: Strong 2026 Outlook, Expect Dividend Increases Roche Vs. Eli Lilly: Nvidia Deals, Obesity Battles Stoke Rivalry (I'd Buy Both) AbbVie lowers Q1 and FY 2026 earnings outlook following $744M R&D charge Trump tax cuts deliver $65B in savings for big businesses: report
Rokid, a Hangzhou-based maker of smart glasses, is preparing to file for a Hong Kong listing as early as the end of April, according to sources familiar with the matter, as artificial intelligence-powered eyewear gains traction in the mainstream market. The planned listing comes as global and domestic technology groups including Meta Platforms and Apple, as well as China’s Alibaba Group Holding – ...
Rokid, a Hangzhou-based maker of smart glasses, is preparing to file for a Hong Kong listing as early as the end of April, according to sources familiar with the matter, as artificial intelligence-powered eyewear gains traction in the mainstream market. The planned listing comes as global and domestic technology groups including Meta Platforms and Apple, as well as China’s Alibaba Group Holding – through the brand name Quark – Baidu, Xiaomi and Huawei Technologies, all rush into the market....
The defense tech stock's rapid post-IPO climb and core drone-autonomy products have sparked market enthusiasm, but its early-stage financial metrics deserve closer scrutiny before investors swarm in.
The defense tech stock's rapid post-IPO climb and core drone-autonomy products have sparked market enthusiasm, but its early-stage financial metrics deserve closer scrutiny before investors swarm in.
AlexSecret/iStock via Getty Images Introduction When it comes to investing, the S&P ( SP500 ) continues to be the standard index to beat. Probably because it tracks the top 500 U.S. companies. I assume many companies' goal is to one day be included in the S&P. As an investor, I've never had the goal of beating the index. Instead, I take a simpler approach by selecting quality companies with strong...
AlexSecret/iStock via Getty Images Introduction When it comes to investing, the S&P ( SP500 ) continues to be the standard index to beat. Probably because it tracks the top 500 U.S. companies. I assume many companies' goal is to one day be included in the S&P. As an investor, I've never had the goal of beating the index. Instead, I take a simpler approach by selecting quality companies with strong cash flows likely to reward me with income for the foreseeable future. If you're someone who also focuses on income but wants to potentially beat the index, I may have found the covered call fund to help you do it. In this article, I discuss what differentiates this covered call fund from its peers, their performance since inception, and why you may want to put this little-known, 10% yielder on your radar. Who Is OVL? The overlooked fund I discuss today is Overlay Shares Large Cap Equity ETF ( OVL ). The ETF is a covered call fund that recently popped up on my radar. While their current yield of 10.49% isn't a standout, their strategy and track record intrigue me. The ETF is managed by investment manager , Liquid Strategies, a firm founded in 2013. So, still relatively new in my opinion. They currently have 7 ETFs and 2 mutual funds. OVL is one of them, designed to track the performance of the S&P. OVL was actually designed to outperform the index through capital appreciation and income. OVL has a decent track record with a little over 6 years since inception. The fund's birth date is September 30, 2019. Their expense ratio sits at 0.79%, and in my opinion, it's solid for a covered call fund. I look for funds with expense ratios below 1%. This means you'd pay about $80 for every $10,000 invested in OVL. This is slightly higher than most of NEOS' covered call funds, which have expense ratios around 0.68%. Goldman Sachs' ( GS ) funds have some of the lowest at around 0.29%. Strategy OVL tracks the S&P by actually holding the largest S&P index fund, the Vanguard 500 Index Fun...
The looming market debut of Elon Musk ’s rocket company SpaceX has sparked a rush of capital into smaller space ventures with investors eager to find a way to hitch a ride onto what could be the biggest listing ever . The Procure Space ETF (ticker: UFO), a fund with a market value of about $415 million, pulled in nearly $175 million for the first quarter of the year, the largest inflows since its ...
The looming market debut of Elon Musk ’s rocket company SpaceX has sparked a rush of capital into smaller space ventures with investors eager to find a way to hitch a ride onto what could be the biggest listing ever . The Procure Space ETF (ticker: UFO), a fund with a market value of about $415 million, pulled in nearly $175 million for the first quarter of the year, the largest inflows since its inception in 2019, according to data compiled by Bloomberg. The influx comes as investors search for ways into SpaceX, the space exploration, satellite and artificial intelligence company that has become the most eagerly anticipated initial public offering in years. “The euphoria around potentially tapping into a trillion-dollar IPO is really having an impact,” said Philip Blancato , chief market strategist at Osaic Holdings, the 15th-largest institutional holder of the ETF. He added that his investment advisory firm was seeing strong demand from investors wanting access to SpaceX. Even five years ago, investing in the UFO ETF would have struck him as a “crazy” idea, Blancato said. However, that has changed as global government stimulus is expected to drive the sector higher, he added. A Bank of America Corp. basket of US stocks that are key players and potential beneficiaries of the space race has climbed 23% this year, compared to a 3.4% drop in the S&P 500 Index and a 4.2% decline in the Nasdaq 100. Read more: NASA Readies Boeing-Lockheed Craft for Moon Race With China The biggest percentage gainer in the BofA basket is Satellogic Inc. The company, which uses satellites to map the earth, is backed by Steven Mnuchin ’s Liberty Strategic Capital and Cantor Fitzgerald LP — the US investment bank run by the children of Commerce Secretary Howard Lutnick . The stock has jumped nearly 280% this year. Other large gainers include satellite communications company Iridium Communications Inc. and Planet Labs PBC . SpaceX’s offering could take place as early as June, after the compan...
Shares of ConocoPhillips (NYSE: COP) surged 16.3% in March, significantly outperforming the 5% decline in the S&P 500 . The oil company benefited from a big surge in crude oil prices last month. Here's a look at what fueled its rally last month and whether the oil stock is a buy . Image source: Getty Images. Continue reading
Shares of ConocoPhillips (NYSE: COP) surged 16.3% in March, significantly outperforming the 5% decline in the S&P 500 . The oil company benefited from a big surge in crude oil prices last month. Here's a look at what fueled its rally last month and whether the oil stock is a buy . Image source: Getty Images. Continue reading
Spauln PepsiCo ( PEP ) has missed its revenue target for the Frito-Lay business by billions before finally deciding to lower prices on salty snacks like Doritos earlier this year. Clearly, PepsiCo's ( PEP ) chip prices had climbed too high, with Walmart ( WMT ) pressuring the company for more than a year to lower them as some bags topped $7. However, PepsiCo ( PEP ) now faces a new problem since h...
Spauln PepsiCo ( PEP ) has missed its revenue target for the Frito-Lay business by billions before finally deciding to lower prices on salty snacks like Doritos earlier this year. Clearly, PepsiCo's ( PEP ) chip prices had climbed too high, with Walmart ( WMT ) pressuring the company for more than a year to lower them as some bags topped $7. However, PepsiCo ( PEP ) now faces a new problem since higher oil, food, and packaging costs tied to the Iran war could limit the benefit of cheaper chips and squeeze margins further. Executives said the company is still testing whether the cuts are enough, and the rollout is expected to be in full force by the end of April, with price reductions already showing up in stores, according to Bloomberg. On the positive side, PepsiCo ( PEP ) CEO Ramon Laguarta said at an investors conference in February that the company will know by this summer if the cuts are enough. Tests in select cities last year generated a pretty good boost in volume, although before the recent rise in fuel and commodity costs. The bigger story is that Frito-Lay, a longtime PepsiCo ( PEP ) snack cash cow, went from years of steady growth to slowing volumes, losing shelf space, and seeing private-label rivals gain ground as consumers pushed back on affordability. Frito-Lay’s roots go back to 1932 and 1939, when the Frito Company and H.W. Lay & Company were founded, then merged in 1961 before joining Pepsi-Cola in 1965 to form PepsiCo ( PEP ). For decades, Frito-Lay was the engine of PepsiCo's ( PEP ) profits, but recent performance has weakened as pricing pressure and softer demand hit volumes and revenue growth More on Pepsico PepsiCo: Elliott's Catalyst + 4% Yield = The Defensive Buy Of 2026 PepsiCo: Improving, But Core Problems Remain Sell Options On PepsiCo For A 10%+ Yield PepsiCo exits London festival sponsorship after Kanye West named headliner Growing pressures are reshaping the CPG landscape—Deutsche Bank
Transcript reportedly details Hungarian leader offering whatever assistance he can to his Russian counterpart Europe live – latest updates Hungary elections explainer Hungary’s Viktor Orbán offered to go to great lengths to help Vladimir Putin, telling the Russian leader “I am at your service” in an October call, it has emerged, prompting further scrutiny of Budapest’s ties to the Kremlin just as ...
Transcript reportedly details Hungarian leader offering whatever assistance he can to his Russian counterpart Europe live – latest updates Hungary elections explainer Hungary’s Viktor Orbán offered to go to great lengths to help Vladimir Putin, telling the Russian leader “I am at your service” in an October call, it has emerged, prompting further scrutiny of Budapest’s ties to the Kremlin just as JD Vance arrived in the city. Air Force Two landed in Budapest on Tuesday morning, carrying the US vice-president and his wife, Usha Vance, as Hungary reaches the final, heated days of a hard-fought election campaign that has played out against a backdrop of scandals regarding the relationship between Budapest and Moscow. Continue reading...