Evening Digest: Anthropic eyes October IPO, Trump escalates Iran strikes
President Donald Trump on Wednesday pledged to intensify US strikes on Iran as tensions over the Strait of Hormuz continued to escalate. Anthropic is reportedly preparing for investor meetings ahead of a potential IPO that could come as soon as
President Trump prefers this AI name over Micron stock
Financial disclosures from the US Office of Government Ethics reveal President Donald Trump’s investment accounts have executed over 6,100 trades this year. While these accounts are controlled by independent “third-party” managers – their moves offer a fascinating window into Wall Street’s
Why is Nvidia stock falling despite China chip export resumption
Nvidia NVDA stock fell about 1.2% on Wednesday as investors weighed renewed exports of the company's H200 artificial intelligence chips to China, ongoing export control scrutiny in Washington, and fresh developments in its AI business. The decline came despite a series
AMD stock falls 6%: why are analysts still bullish on the stock?
AMD stock fell about 6% on Wednesday as a broad selloff in semiconductor shares weighed on the sector. Despite this, multiple Wall Street firms raised their price targets and reaffirmed their bullish long-term views on the stock. The broader weakness extended across
SpaceX stock slips below IPO price: is it time to sell?
SpaceX (SPCX) stock fell below its initial public offering price on Wednesday, marking the lowest level since the company's market debut as enthusiasm surrounding one of the year's largest listings continued to fade. The stock declined around 2% to $133.34, falling
