The Pentagon is close to cutting ties with Anthropic and may label the artificial intelligence company a supply chain risk after becoming frustrated with restrictions on how it can use the technology, Axios reported . The breakdown follows months of contentious negotiations about how the military can use the Claude tool, Axios said, citing a source familiar with the talks who it didn’t identify. I...
The Pentagon is close to cutting ties with Anthropic and may label the artificial intelligence company a supply chain risk after becoming frustrated with restrictions on how it can use the technology, Axios reported . The breakdown follows months of contentious negotiations about how the military can use the Claude tool, Axios said, citing a source familiar with the talks who it didn’t identify. In particular, Anthropic wants to make sure its AI isn’t used to spy on citizens on a large scale or to develop weapons that can be deployed without a human involved, the article said. The government wants to be allowed to use Claude for “all lawful purposes,” it said. If the AI company is deemed a supply chain risk, any company that wants to do business with the military will have to cut ties with Anthropic, Axios said, citing a senior Pentagon official. Pentagon spokesman Sean Parnell told Axios that the relationship was being reviewed. A spokesperson for Anthropic told Axios it was having “productive conversations, in good faith” with the Department of War and said the company is committed to using AI for national security. A representative for Anthropic did not immediately respond to a Bloomberg request for comment. Read More: AI-Made Bioweapons Are Washington’s Latest Security Obsession Anthropic won a two-year agreement with the US Defense Department last year that involved a prototype of AI’s Claude Gov models and Claude for Enterprise. The Anthropic negotiations may set the tone for talks with OpenAI, Google and xAI, which aren’t yet used for classified work, Axios said. Anthropic, founded by former OpenAI researchers, positions itself as a more responsible AI company that aims to avoid any catastrophic harms from the advanced technology.
Mustapha GUNNOUNI/iStock via Getty Images By Peter Vanden Houte, Chief Economist, Belgium, Luxembourg, Eurozone Eurozone industrial production fell in December, but the cyclical upturn is likely to continue on the back of stronger domestic demand Structural headwinds won't stop the cyclical recovery Eurozone industrial production fell by 1.4% month-on-month in December but still grew by 1.2% on a ...
Mustapha GUNNOUNI/iStock via Getty Images By Peter Vanden Houte, Chief Economist, Belgium, Luxembourg, Eurozone Eurozone industrial production fell in December, but the cyclical upturn is likely to continue on the back of stronger domestic demand Structural headwinds won't stop the cyclical recovery Eurozone industrial production fell by 1.4% month-on-month in December but still grew by 1.2% on a year-on-year basis. The month-on-month decline was largely expected, as the recently published German and French figures were weak for December. It is easy to be downbeat about the prospects for eurozone industrial growth, as structural headwinds remain important. Natural gas prices are still more than three times as high in Europe as in the US, and cheap Chinese exports to Europe continue to grow at a strong pace. At the same time, European exporters still face higher import tariffs in the US. In the January business sentiment survey from the European Commission, the assessment of export orders remained downbeat, but overall orders improved. This suggests that domestic demand within the eurozone is starting to pick up, with German stimulus plans likely to be an important driving force. Indeed, German industrial orders climbed nearly 20% in the last four months of 2025. There are also signs that the inventory correction is largely behind us, with the assessment of stocks now close to the historical average. We therefore expect manufacturing to contribute positively to eurozone growth this year, even though the structural issues are far from resolved. Content Disclaimer This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more . Original Post Editor's Note: The summary bullets for t...
Boffey was head of news for four top newspapers, reported for many more, and had a stint in Whitehall The Guardian, Observer, Mirror and Telegraph journalist, Chris Boffey, has been described as a “brilliant raconteur” and “wonderful boss” after his death at the age of 74. Boffey had a distinguished career as a reporter and served as head of news for four national newspapers. He also crossed the W...
Boffey was head of news for four top newspapers, reported for many more, and had a stint in Whitehall The Guardian, Observer, Mirror and Telegraph journalist, Chris Boffey, has been described as a “brilliant raconteur” and “wonderful boss” after his death at the age of 74. Boffey had a distinguished career as a reporter and served as head of news for four national newspapers. He also crossed the Westminster divide, spending time as a special adviser to the Blair-era education secretary Estelle Morris. Continue reading...
The holiday period is crucial for the launch of new products and Chinese AI plays are trying to prove they are as good as, or close enough to, global frontier models from OpenAI and Google.
The holiday period is crucial for the launch of new products and Chinese AI plays are trying to prove they are as good as, or close enough to, global frontier models from OpenAI and Google.
Curry fishball plushies, novelty minibus signs and products inspired by Hong Kong iconography emerged as bestsellers at the city’s biggest Lunar New Year fair, with one vendor saying he made more than HK$100,000 (US$12,790) in daily sales. From first-time sellers to charities, vendors were busy attracting customers with their locally designed merchandise on Wednesday as tens of thousands of festiv...
Curry fishball plushies, novelty minibus signs and products inspired by Hong Kong iconography emerged as bestsellers at the city’s biggest Lunar New Year fair, with one vendor saying he made more than HK$100,000 (US$12,790) in daily sales. From first-time sellers to charities, vendors were busy attracting customers with their locally designed merchandise on Wednesday as tens of thousands of festivalgoers lined the booths at Victoria Park’s Lunar New Year Fair. Among the busiest stalls was Lo...
Ukraine's Former Energy Minister Charged With Money Laundering As 'Operation Midas' Expands Months after Ukraine was shaken by a sweeping corruption probe into state nuclear giant Energoatom, and subject of international embarrassment given it even touched Zelensky's office , former Energy Minister Herman Halushchenko has now been formally charged - after authorities detained him while he was alle...
Ukraine's Former Energy Minister Charged With Money Laundering As 'Operation Midas' Expands Months after Ukraine was shaken by a sweeping corruption probe into state nuclear giant Energoatom, and subject of international embarrassment given it even touched Zelensky's office , former Energy Minister Herman Halushchenko has now been formally charged - after authorities detained him while he was allegedly attempting to leave the country. Halushchenko had been suspended by Zelensky in mid-November, when news of the scandal first hit global headlines. On Monday, Ukraine’s National Anti-Corruption Bureau (NABU) and the Specialized Anti-Corruption Prosecutor’s Office (SAPO) announced that Halushchenko faces formal charges of money laundering and participation in a criminal organization tied to what investigators call the Midas case or Operation Midas . The former Minister of Energy, Herman Galushchenko, Creative Commons "The former minister of energy (2021–2025) has been exposed for money laundering and participation in a criminal organization," the joint statement said, adding that investigators have "expanded the circle of suspects." The investigation is focused on members of the alleged network which established an investment fund in Anguilla (the British Overseas Territory in the Eastern Caribbean) in February 2021. The vehicle was marketed as raising roughly €118 million in "investments" - with Halushchenko’s family listed among the contributors - after which millions flowed directly into accounts controlled by the family . For example, authorities claim part of the funds paid for the education of Halushchenko’s children at elite Swiss institutions, while other sums were deposited into his ex-wife's accounts, also with a big portion of the money allegedly invested further, "earning extra income for the family's personal use." Halushchenko was energy minister from 2021 to 2025 before being appointed justice minister in July 2025. In November, NABU agents conducted raid...
When it comes to 2026, we have seen the rotation out of technology, but that excites me more than it concerns me, as I get an opportunity to buy high quality names at great valuaitons. In today's video, I am going to look at 8 stocks that have had bumpy rides, but still believe in their long term ability to return profits to shareholders. One of those stocks is my favorite in Amazon (NASDAQ:AMZN)....
When it comes to 2026, we have seen the rotation out of technology, but that excites me more than it concerns me, as I get an opportunity to buy high quality names at great valuaitons. In today's video, I am going to look at 8 stocks that have had bumpy rides, but still believe in their long term ability to return profits to shareholders. One of those stocks is my favorite in Amazon (NASDAQ:AMZN). Watch this short video to learn more, consider subscribing to the channel, and check out the special offer in the link below. Continue reading
A measles outbreak among unvaccinated children in London comes amid a global increase in infections A measles outbreak in London is affecting unvaccinated children under the age of 10, and comes amid an increase in infections globally. The UK was among six countries to lose the measles-free status granted by the World Health Organization (WHO) last month. Experts are calling on governments to urge...
A measles outbreak among unvaccinated children in London comes amid a global increase in infections A measles outbreak in London is affecting unvaccinated children under the age of 10, and comes amid an increase in infections globally. The UK was among six countries to lose the measles-free status granted by the World Health Organization (WHO) last month. Experts are calling on governments to urgently boost vaccination rates to stop measles infecting more children. Continue reading...
Worries over how artificial intelligence may disrupt software companies have shaken up those stocks, and Citi says some of them may be ripe for a rebound. Software stocks have struggled this year as investors fear AI will make "software as a service" business models obsolete. The iShares Expanded Tech-Software Sector ETF (IGV) is down more than 20% for 2026, and has fallen more than 8% in February...
Worries over how artificial intelligence may disrupt software companies have shaken up those stocks, and Citi says some of them may be ripe for a rebound. Software stocks have struggled this year as investors fear AI will make "software as a service" business models obsolete. The iShares Expanded Tech-Software Sector ETF (IGV) is down more than 20% for 2026, and has fallen more than 8% in February alone. The software sell-off intensified in early February after AI startup Anthropic launched new tools within its Claude Cowork agent for legal, finance and product marketing matters. After a slight recovery, the stocks again fell after AI disruption fears spread to other sectors throughout the market, including office real estate and wealth management stocks . Citi sees opportunity amid the carnage, though. In a Feb. 9 note, strategists screened the Russell 3000 for software and services stocks with at least $2 billion in market cap. The names had to be down at least 10% over the past month and have 2025, 2026 and 2027 consensus EPS estimates that have been revised higher over the past six months. "We want to focus on names that have corrected, reducing implicit terminal multiples, but have actually seen earnings expectations improve," wrote Citi's U.S. equity strategist Drew Pettit. "Basically, who can still deliver near-term fundamentally, but has been de-risked from an exit multiple perspective medium-term." Because of this, Pettit writes that these stocks are set to go higher, not based on technical support levels, but the fundamentals of their businesses. On the list is Microsoft , the worst performing "Magnificent Seven" stock in 2026. However, analysts on Wall Street are skeptical of its decline. Not only is it on Citi's list, but Goldman Sachs and Wedbush have named the stock as one to buy amid the bearish environment. Palantir also made the list. The stock is off nearly 37% from its 52-week-high, despite delivering an earnings report earlier this month that bea...
In the past two years, shares of SoFi Technologies (NASDAQ: SOFI) have rocketed 141% higher (as of Feb. 13). This is despite the fintech stock trading 39% below its peak from November 2025. After seeing such a huge gain, is it too late to buy SoFi? Image source: Getty Images. Continue reading
In the past two years, shares of SoFi Technologies (NASDAQ: SOFI) have rocketed 141% higher (as of Feb. 13). This is despite the fintech stock trading 39% below its peak from November 2025. After seeing such a huge gain, is it too late to buy SoFi? Image source: Getty Images. Continue reading
Euro-area finance chiefs are pushing to expand the single currency’s global role, as US President Donald Trump roils markets and the US dollar weakens. “In light of recent geopolitical events in our current geopolitical context, there are risks that the international financial and monetary system is being used as a political tool,” said Greek Finance Minister Kyriakos Pierrakakis , who chairs the ...
Euro-area finance chiefs are pushing to expand the single currency’s global role, as US President Donald Trump roils markets and the US dollar weakens. “In light of recent geopolitical events in our current geopolitical context, there are risks that the international financial and monetary system is being used as a political tool,” said Greek Finance Minister Kyriakos Pierrakakis , who chairs the meetings of his euro-area peers. “It is thus existential for us to safeguard the international role of the euro as it is quite pertinent for the EU’s monetary sovereignty.” The comments come just after the European Central Bank introduced its strongest move yet to promote the euro. Over the weekend, the monetary-policy institution announced that it’s prepared to offer euro liquidity to central banks from around the world. That proposal is one of the ideas included in a European Commission paper prepared ahead of the ministers’ meeting in Brussels on Monday. The document — seen by Bloomberg — called for reinforcing euro diplomacy by reassuring partner countries about access to the common currency. “With the United States potentially less inclined to supply dollar liquidity during periods of stress, offering euro-denominated liquidity to partner countries could serve as a valuable complement to the EU trading strategy and boost the international role of the euro,” the document said. The document explored ways to promote the use of the euro in issuance and transactions, especially in key sectors such as the energy, critical raw materials, air transport and defense sectors. “International investors want to diversify, they are looking for contact with Europe, that’s why we want to be a safe haven for the capital investments from the entire world,” said German Finance Minister Lars Klingbeil , who together with his French counterpart pushed for more rapid action. “Faced with massive challenges across the world, the EU has to be stronger, the EU has to be faster, the EU has to wor...
asbe/iStock via Getty Images S&P Global Inc. ( SPGI ) is a US-based leading provider of credit ratings, benchmarks, analytics, and workflow solutions to various markets worldwide. Founded in 1860, S&P Global is now a $133 billion (by market cap) financial markets behemoth that employs more than 40,000 people. Approximately 60% of the company’s revenue is derived from the US. The company reports re...
asbe/iStock via Getty Images S&P Global Inc. ( SPGI ) is a US-based leading provider of credit ratings, benchmarks, analytics, and workflow solutions to various markets worldwide. Founded in 1860, S&P Global is now a $133 billion (by market cap) financial markets behemoth that employs more than 40,000 people. Approximately 60% of the company’s revenue is derived from the US. The company reports results across five segments: Market Intelligence, 32% of FY 2024 revenue; Ratings, 30%; Commodity Insights, 15%; Mobility (which is being spun out), 11%; and Indices, 11%. I view S&P Global as three wonderful businesses all in one : S&P Global has a scaled-up intelligence business with high-value proprietary data; it controls the largest ratings agency in the world; and it owns an irreplaceable indices business with various lionized S&P products under its umbrella (such as the venerable S&P 500, the global gold standard). Each business on its own would be very powerful and highly appealing for almost any long-term investor, but all three being combined into one package is what makes S&P Global one of the most unique and compelling long-term investment opportunities out there. In data-driven markets where information is prized for insight, S&P Global has a treasure trove of proprietary data at unparalleled scale. Since companies issuing public debt are practically required to have a rating, and since there are only two global players providing these ratings at a trusted scale, S&P Global operates within a comfortable duopoly (with S&P Global estimated as commanding a market share of nearly 50%, and its only other major competitor commanding an estimated 30%). And its indices business has numerous recurring revenue drivers all on its own, including subscription fees, asset-linked fees, and transaction royalties – and all of these are firmly embedded within global capital markets in such a way that it is almost impossible to displace. These are three formidable businesses on a ...
Nvidia (NASDAQ:NVDA) CEO Jensen Huang has been quite vocal in the past few months, and it’s really helped clear some of the haze that’s surrounding the industry. Undoubtedly, the AI revolution seems to be taking another big step higher after spending much of last year in a calmer phase. With Claude Opus 4.6 turning many ... Jensen Huang Says Compute Power is the “New Natural Resource” of the Moder...
Nvidia (NASDAQ:NVDA) CEO Jensen Huang has been quite vocal in the past few months, and it’s really helped clear some of the haze that’s surrounding the industry. Undoubtedly, the AI revolution seems to be taking another big step higher after spending much of last year in a calmer phase. With Claude Opus 4.6 turning many ... Jensen Huang Says Compute Power is the “New Natural Resource” of the Modern Era