Anthropic ( ANTHRO ) announced today two new features that will help enterprises track what they have successfully built and delivered with Claude and how they stand with published requirements. These new tracking devices, the Services Track and Partner Hub, are part of the Claude Partner Network, which the company announced in March. The program provides partner training, technical support, and s...
Anthropic ( ANTHRO ) announced today two new features that will help enterprises track what they have successfully built and delivered with Claude and how they stand with published requirements. These new tracking devices, the Services Track and Partner Hub, are part of the Claude Partner Network, which the company announced in March. The program provides partner training, technical support, and shared marketing to help enterprises put Claude into production. Some of the enterprises that have made significant progress through the program include Accenture ( ACN ), Cognizant ( CTSH ), Deloitte, KPMG, and Infosys ( INFY ), Anthropic said. The Services Track shows what firms have actually built and delivered with Claude, and Claude Partner Hub allows partners to view its standings versus published requirements. Earlier this week, Anthropic confidentially submitted its draft initial public offering prospectus to the U.S. Securities and Exchange Commission. More on Anthropic 5 Things To Consider Ahead Of Anthropic's IPO Wall Street Lunch: First Step To AI Getting An Oscar Anthropic Is Taking Over Enterprise Trump inks executive order for vetting advanced AI models Anthropic expanding Project Glasswing to 150 new organizations
Rory McIlroy says he will continue to "pick and choose" the events he plays on the PGA Tour's new-look schedule "because it brings balance to my life".
Rory McIlroy says he will continue to "pick and choose" the events he plays on the PGA Tour's new-look schedule "because it brings balance to my life".
Financial stocks ( XLF ) underperformed the broader market in May, posting a return of 0.65%, compared with a 4.84% gain for the S&P 500 during the month. May-end short positioning reflected investor caution toward mortgage REITs, consumer finance, specialized finance, and capital-markets-related firms, where investors appeared wary of credit conditions, interest-rate sensitivity, and earnings sus...
Financial stocks ( XLF ) underperformed the broader market in May, posting a return of 0.65%, compared with a 4.84% gain for the S&P 500 during the month. May-end short positioning reflected investor caution toward mortgage REITs, consumer finance, specialized finance, and capital-markets-related firms, where investors appeared wary of credit conditions, interest-rate sensitivity, and earnings sustainability. By contrast, regional banks, property and casualty insurers, and other diversified financial services companies attracted relatively little short interest, suggesting greater investor confidence in their business fundamentals and earnings outlook. Here are the top five most shorted small-cap financial stocks at the end of May: Eason Technology ( DXF ) - Short interest: 49.23% Arbor Realty Trust ( ABR ) - Short interest: 22.48% Lion Group Holding ( LGHL ) - Short interest: 21.63% Gemini Space Station ( GEMI )- Short interest: 18.83% EZCORP (NASDAQ: EZPW ) - Short Interest: 18.06% Bottom five least shorted small- to mid-cap financial stocks at the end of May : Princeton Bancorp ( BPRN ) - Short interest: 0.51% X Financial ( XYF ) - Short interest: 0.51% SUI Group Holdings ( SUIG ) - Short interest: 0.51% Exzeo Group ( XZO ) - Short interest: 0.53% Triller Group ( ILLR ) - Short interest: 0.54% More on State Street® Financial Select Sector SPDR® ETF, Arbor Realty Trust, etc. Arbor Realty Trust, Inc. (ABR) Shareholder/Analyst Call Transcript Single Stock Volatility Jumps To A Record Vs. The VIX Index Exzeo: Post-Earnings Selloff Met With A Buyback The 10 least attractive small-cap financial stocks in the U.S. Weekly ETFs: Five of 11 sectors record outflows; consumer discretionary leads inflows
Actor sentenced to probation for incident in which he attacked three men and yelled homophobic slurs, according to witnesses Sign up for the Breaking News US newsletter email Shia LaBeouf on Wednesday pleaded guilty to misdemeanor battery charges filed against the actor after his arrest over allegations that he struck three men at a New Orleans bar in February. After his plea in the city’s crimina...
Actor sentenced to probation for incident in which he attacked three men and yelled homophobic slurs, according to witnesses Sign up for the Breaking News US newsletter email Shia LaBeouf on Wednesday pleaded guilty to misdemeanor battery charges filed against the actor after his arrest over allegations that he struck three men at a New Orleans bar in February. After his plea in the city’s criminal district courthouse, the Transformers film franchise star received a sentence of two years’ probation, rehabilitation for alcohol abuse, sensitivity training and anger management classes. Continue reading...
Bloomberg.com subscribers were invited to celebrate the launch of Bloomberg Money, a new destination with news, insight and intelligence for navigating your financial life. Tom Keene and Scarlet Fu are your hosts. The event took place in New York on June 2. (Source: Bloomberg)
Bloomberg.com subscribers were invited to celebrate the launch of Bloomberg Money, a new destination with news, insight and intelligence for navigating your financial life. Tom Keene and Scarlet Fu are your hosts. The event took place in New York on June 2. (Source: Bloomberg)
Shares of Applied Aerospace & Defense Inc. rose about 3.75% in its trading debut, after the space and defense engineering firm raised $650 million in an initial public offering priced near the top of a marketed range. Shares of the Huntsville, Alabama-based company opened at $20.75 each, versus its IPO price of $20 apiece. The offering of 32.5 million shares was marketed in a range of $18 to $21 e...
Shares of Applied Aerospace & Defense Inc. rose about 3.75% in its trading debut, after the space and defense engineering firm raised $650 million in an initial public offering priced near the top of a marketed range. Shares of the Huntsville, Alabama-based company opened at $20.75 each, versus its IPO price of $20 apiece. The offering of 32.5 million shares was marketed in a range of $18 to $21 each. The trading gives the company a market value of $3.54 billion, based on the outstanding shares listed in its filings. Applied Aerospace’s subsystems for space and defense enable functions such as power and propulsion, battlefield connectivity, and survivability in extreme environments, the filing shows. Its systems include reusable landing systems for launch vehicles, control surfaces for fixed wing platforms and solid rocket motor cases for missile platforms. READ MORE: Greenbriar-Backed Applied Aerospace Raises $650 Million in IPO Backed by private equity firm Greenbriar Equity Group , Applied Aerospace had a net loss of $15.1 million on revenue of $134.4 million for the first three months of this year, compared with a net loss of $7.3 million on revenue of $111 million in the same period a year earlier, the filing shows. The company carries a backlog of nearly $1.1 billion of contracts, including directly and indirectly with the US government and its agencies. The offering coincides with a burst of IPO activity across the space, aerospace & defense sectors in recent months, including the $478.4 million IPO of signals intelligence firm Hawkeye 360 Inc. earlier in May and the debut of drone maker Aevex Corp. in April. Greenbriar bought Applied Aerospace in late 2022 before combining it three years later with PCX Aerosystems, another Greenbriar portfolio company and an established supplier of systems and hardware to the space, aerospace and defense industries. The private equity firm is expected to have 81% ownership of Applied Aerospace after the IPO, the filing shows...
Berkshire Hathaway has agreed to purchase Alphabet shares worth $10 billion in a private placement deal. Could backing GOOG be CEO Greg Abel's claim to fame?
Berkshire Hathaway has agreed to purchase Alphabet shares worth $10 billion in a private placement deal. Could backing GOOG be CEO Greg Abel's claim to fame?
Readers respond to an article by Nesrine Malik on what we lose when we trust machines over humans Nesrine Malik is right to worry about the effect that AI may have on writing ( AI is devoid of meaning and humanity. That’s why its vapid voice suits this political moment, 1 June ). The examples she cites of fabricated quotations and unreliable research should concern anyone who values truth and publ...
Readers respond to an article by Nesrine Malik on what we lose when we trust machines over humans Nesrine Malik is right to worry about the effect that AI may have on writing ( AI is devoid of meaning and humanity. That’s why its vapid voice suits this political moment, 1 June ). The examples she cites of fabricated quotations and unreliable research should concern anyone who values truth and public trust. However, I suspect the deeper problem is not AI’s bland prose but its relationship to evidence. The writers caught out by false quotations were often not trying to deceive. They believed that they were using AI as a research aid while retaining editorial control. Yet somehow, fiction entered the factual record. The issue was not laziness but misplaced confidence in a system that can produce plausible reconstructions without distinguishing between what was observed, inferred or simply generated. Continue reading...
Roberta Leem-Bruggen says she was working full-time hours in NHS settings but was considered a ‘non-earner’ and therefore not eligible for childcare support Jamie Evans’ letter on childcare eligibility and the “nerd tax” ( 28 May ) strongly resonated with me because I have experienced versions of this problem throughout higher education. In 2020, I was a single parent studying for a clinical maste...
Roberta Leem-Bruggen says she was working full-time hours in NHS settings but was considered a ‘non-earner’ and therefore not eligible for childcare support Jamie Evans’ letter on childcare eligibility and the “nerd tax” ( 28 May ) strongly resonated with me because I have experienced versions of this problem throughout higher education. In 2020, I was a single parent studying for a clinical master’s degree. I spent over 40 hours a week on compulsory NHS placements while completing academic work. During that time, I received universal credit, including the childcare element, which enabled me to continue my studies. Continue reading...
Mat Watkinson and Keith Flett respond to Jonathan Liew’s article asking why many self-professed progressives still use Elon Musk’s social media platform Jonathan Liew wonders why people are still on Elon Musk’s social media platform, X ( If you’re still on Elon Musk’s X, ask yourself this: why?, 28 May ). There is an obvious answer: all major companies refuse to leave it. Sadly, it’s the quickest ...
Mat Watkinson and Keith Flett respond to Jonathan Liew’s article asking why many self-professed progressives still use Elon Musk’s social media platform Jonathan Liew wonders why people are still on Elon Musk’s social media platform, X ( If you’re still on Elon Musk’s X, ask yourself this: why?, 28 May ). There is an obvious answer: all major companies refuse to leave it. Sadly, it’s the quickest way to complain and get a result. The BBC, supermarkets and travel companies are all in thrall to its power, because they know they can reach us as swiftly as we can reach them. They’re terrified of the oligarch’s influence. No one should have that power, but it will only start to crumble if these major influences on our lives leave X. Mat Watkinson Scarborough, North Yorkshire Continue reading...
GoldenTree Asset Management Founder and CIO Steven Tananbaum says credit market has "languished" but there are pockets of opportunity at the Bloomberg Global Credit Forum in New York. (Source: Bloomberg)
GoldenTree Asset Management Founder and CIO Steven Tananbaum says credit market has "languished" but there are pockets of opportunity at the Bloomberg Global Credit Forum in New York. (Source: Bloomberg)
Many people in developing countries cannot access preventive hygiene, key to attacking climate-driven superbugs, writes Helen Hamilton As the UK swelters in unseasonably high temperatures, Andrew Gregory’s article underscores the growing urgency of a critical global health threat ( Climate crisis is accelerating antibiotic resistance across world, study says, 26 May ). While drug misuse remains a ...
Many people in developing countries cannot access preventive hygiene, key to attacking climate-driven superbugs, writes Helen Hamilton As the UK swelters in unseasonably high temperatures, Andrew Gregory’s article underscores the growing urgency of a critical global health threat ( Climate crisis is accelerating antibiotic resistance across world, study says, 26 May ). While drug misuse remains a key driver, the climate crisis means bacteria are mutating and spreading faster than ever before. Yet missing from this urgent global discussion is the foundational defence mechanism against the spread of infection: clean water, decent toilets and good hygiene. Continue reading...
Billionaire investor Ray Dalio says, “all great technology changes produce bubbles” and sees signs in the booming artificial-intelligence market of a bubble that will eventually burst with the converting of wealth into money. He speaks with Bloomberg’s Dani Burger. (Source: Bloomberg)
Billionaire investor Ray Dalio says, “all great technology changes produce bubbles” and sees signs in the booming artificial-intelligence market of a bubble that will eventually burst with the converting of wealth into money. He speaks with Bloomberg’s Dani Burger. (Source: Bloomberg)
Erik Isakson/DigitalVision via Getty Images The company responsible for designing the cables and circuits that connect chips to each other inside clusters dedicated to artificial intelligence closes its fiscal year after the results reported a few days ago. Credo Technology ( CRDO ) closes a year in which sales represent a +206% YoY growth to $1.335B, with a fourth quarter of $437M that practicall...
Erik Isakson/DigitalVision via Getty Images The company responsible for designing the cables and circuits that connect chips to each other inside clusters dedicated to artificial intelligence closes its fiscal year after the results reported a few days ago. Credo Technology ( CRDO ) closes a year in which sales represent a +206% YoY growth to $1.335B, with a fourth quarter of $437M that practically exceeds by itself all the revenue generated in the previous fiscal year, due to a massive deployment of its copper cables for the large operators that are building clusters of hundreds of thousands of GPUs. That said, it seems that the pace is cooling, although I prefer to call it a healthy normalization. After all, what company can sustain +200% annual growth? Now the guidance for the first quarter points to +7% compared to the previous quarter, with Credo’s main engine, copper cables, already deployed among its usual customers, and the optics vertical expected to accelerate from the second half of FY27. In other words, it is true that the company is now going to go through a certain valley between two ramps, but from there to saying that the scenario ahead is one of demand deterioration would seem a bit excessive to me, considering Credo’s current position in a market that is still expanding. Data by YCharts Margins seem to confirm this theory, at least for now. The reported non-GAAP operating margin has gone from 8.5% in FY25 to 48% this year, meaning that almost half of every dollar that comes in goes directly to operating income. Now, it must be made clear that the peak has probably been reached in the short term. Current opex has grown +91% to $279M, and the guidance for FY27 is for an additional +50%, since this money is financing the development of the optical lines that have to turn on the other engine of the company’s sales mix. Personally, I maintain confidence in this execution if we take into account that they executed the same strategy with the copper cable ...
Within the communications services sector ( XLC ), mostly Interactive Media and Services and Media stocks were dominating in terms of positioning in end-May. Here are the five most shorted communications services stocks with market capitalizations of up to $2 billion (as a % of shares outstanding) Snail ( SNAL ), Short interest: 52.53%. Tripadvisor ( TRIP ), Short interest: 27.45%. FuboTV ( FUBO )...
Within the communications services sector ( XLC ), mostly Interactive Media and Services and Media stocks were dominating in terms of positioning in end-May. Here are the five most shorted communications services stocks with market capitalizations of up to $2 billion (as a % of shares outstanding) Snail ( SNAL ), Short interest: 52.53%. Tripadvisor ( TRIP ), Short interest: 27.45%. FuboTV ( FUBO ), Short interest: 24.65%. AMC Global Media ( AMCX ), Short interest: 19.92%. EverQuote ( EVER ), Short interest: 16.41%. Here are the five least shorted communications services stocks with market capitalizations of up to $2 billion: (as a % of shares outstanding) Fast Track Group ( FTRK ), Short interest: 0.50%. LZ Technology Holdings ( LZMH ), Short interest: 0.51%. FreeCast ( CAST ), Short interest: 0.54%. Zedge ( ZDGE ), Short interest: 0.54%. Able View Global ( ABLV ), Short interest: 0.56%. More on Communication Services Select Sector SPDR Fund The Higher They Climb: 3 Non-Chip ETFs Exposed To An AI Stock Meltdown A Subtle Change Took Place For The Capex Story After A Chaotic Q1, I'm Buying XLK And XLC As The Market Exhales EchoStar tops communications services stocks in short interest; Alphabet sees the lowest exposure Emerald Holding, IDT lead list of least attractively valued small-cap communications services stocks