Business

Technology

Anthropic Valued at $965 Billion

Anthropic has reached a $965 billion valuation, surpassing OpenAI after a $65 billion funding round.

As Anthropic launches Claude Opus 4.8, it raises $65B in new funding SiliconANGLE — May 28, 23:21 PM
Anthropic hits $965 billion valuation, surpassing OpenAI Semafor — May 28, 22:28 PM

Politics US & Canada

Trump Face on $250 Bill

The U.S. Treasury is preparing a $250 bill featuring Donald Trump, despite laws prohibiting living persons on currency.

Trump administration prepares for proposed $250 bill with the president’s face on it NBC News — May 28, 22:50 PM
Scott Bessent says steps have been taken to put Trump on a $250 bill 📹 AP News — May 28, 21:43 PM · 1min

Technology

Dell Soars on AI Growth

Dell shares skyrocketed after reporting massive demand for AI servers and a $9.7 billion defense contract.

Dell stock skyrockets 32%, heads for best day ever as AI server revenue soars CNBC — May 29, 13:45 PM
AI server demand drives staggering revenue growth for Dell and its stock soars SiliconANGLE — May 28, 23:42 PM

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MLB Proposes $245 Million Salary Cap That Players Union Rejects Bloomberg — May 29, 16:50 PM
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GM delays workers return to Ultium battery plant -- report Seeking Alpha — May 29, 16:42 PM
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Anthropic leapfrogs OpenAI with a record $965 billion valuation and says its ‘Mythos’ AI model is coming soon Fortune — May 29, 16:34 PM
PwC's Morgan Adamski at Tomorrow's Titans shares biggest enterprise cyber risks Quartz — May 29, 16:34 PM
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Honda is recalling nearly 99,000 U.S. vehicles over faulty airbag sensors Quartz — May 29, 16:31 PM
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System1 CEO James Gregory previews firm's biggest goals at Cannes Lions Quartz — May 29, 16:30 PM
Arby's is bringing back its Orange Cream Shake for the summer Quartz — May 29, 16:30 PM
Staff training ordered at Generator Hostel over handling of naked guest complaint Irish Times — May 29, 16:30 PM
Zeta Global CEO David Steinberg says 'our AI is winning' at POSSIBLE Quartz — May 29, 16:30 PM
Oil falls amid hopes for Trump peace deal backing LBC — May 29, 16:24 PM
Tech, Media & Telecom Roundup: Market Talk Wall Street Journal — May 29, 16:24 PM
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Oil falls amid hopes for Trump peace deal backing The Independent — May 29, 16:23 PM
Oil falls amid hopes for Trump peace deal backing Belfast Telegraph — May 29, 16:23 PM
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Training Maestro Size set for profitable Sunday at Sha Tin City AM — May 29, 16:20 PM
Trust in Patch to deliver the goods at Sha Tin City AM — May 29, 16:20 PM
Lula Rejects US Terrorism Designation for Brazil Drug Gangs Bloomberg — May 29, 16:20 PM
ServiceNow leads software rally as AI fears turn to optimism Seeking Alpha — May 29, 16:17 PM
Stocks Rise as Trump Says He’ll Make Call on Iran Bloomberg — May 29, 16:14 PM
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Jamie Dimon tells Gen Z to ‘learn how to think, learn how to earn respect’ as he describes ‘great meeting’ with Zohran Mamdani Fortune — May 29, 16:12 PM
SEC charges Texas man in multimillion-dollar AI crypto asset fraud Seeking Alpha — May 29, 16:12 PM
Midday Need to Know: Space stocks tumble, oil prices retreat & more Seeking Alpha — May 29, 16:12 PM
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EU to target XFG variant for next COVID vaccines Seeking Alpha — May 29, 16:10 PM
Govt asks oil firms to build 30-day LPG reserves; says no distributor has run dry Times Of India — May 29, 16:10 PM
Kalshi is launching the first regulated perpetual futures in the U.S. Quartz — May 29, 16:10 PM
Amazon says it shut down a token leaderboard: 'Don't use AI just to use AI' Business Insider — May 29, 16:10 PM
SEC Proposes Scrapping Climate-Related Disclosure Rules Wall Street Journal — May 29, 16:10 PM
Daniel Boulud Celebrates Le Pavillon 5th Anniversary, Demand for Dining Bloomberg — May 29, 16:06 PM
Former TV anchor’s home reduced to ashes in overnight fire NY Post — May 29, 16:05 PM
Conan O’Brien tells Harvard graduates to play down their $250K Ivy League degree—and instead embrace being humble and ‘bad at things’ Fortune — May 29, 16:02 PM
The AI arms race in cybersecurity has started. Most companies aren’t ready Fortune — May 29, 16:00 PM
How Well Do You Know Benjamin Franklin’s Business Maxims? Take Our Quiz Wall Street Journal — May 29, 16:00 PM
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White House proposes stiffer regional requirements under USMCA -- WSJ Seeking Alpha — May 29, 15:58 PM
Kalshi adds perpetual futures for U.S. traders following thumbs-up from key regulator Fortune — May 29, 15:55 PM
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Universal signals uncommitted inventory target of 10%-20% in fiscal 2027 amid Shank’s reset Seeking Alpha — May 29, 15:54 PM
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S.E.C. Proposes to Kill Climate Change Disclosure Rule The New York Times — May 29, 15:54 PM
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AMD CEO Lisa Su tells grads they shape the future, not AI—and the world doesn’t just need ‘people who know how to use powerful tools’ Fortune — May 29, 15:51 PM
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Canada’s economy stalls, posting consecutive quarterly declines The Globe and Mail — May 29, 15:48 PM
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Kalshi Launches First Perpetual Futures in the U.S. Wall Street Journal — May 29, 15:38 PM
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Manna told drone activity behind Dundrum church would be ‘disrespectful’ during mass Irish Times — May 29, 15:32 PM
Should I invest in defensive companies or cyclical stocks during economic uncertainty? The Independent — May 29, 15:31 PM
Admiral Stavridis Warns of a Global War Bloomberg — May 29, 15:31 PM
Trump administration wants to raise North American auto content to 82%, with half from U.S. The Globe and Mail — May 29, 15:28 PM
Canada Aims to Boost China Trade as Wang Makes First Visit in Decade Bloomberg — May 29, 15:28 PM
Hammerson strikes €45m deal to secure full ownership of Ilac Centre Irish Times — May 29, 15:27 PM
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Iceland’s Own Currency Costs Outweigh Benefits, Ministry Says Bloomberg — May 29, 15:16 PM
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Daniel Boulud's COVID-Era Bet Bloomberg — May 29, 15:04 PM
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California is suing 23andMe over its 2023 breach that exposed 7 million users' DNA data Quartz — May 29, 15:00 PM
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IndiGo swings to Rs 2,537 crore Q4 loss as rupee depreciation, disruptions weigh on earnings Times Of India — May 29, 14:56 PM
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Peter Thiel moves family to Argentina to flee high taxes — and potential nuclear war, AI meltdown: report NY Post — May 29, 14:55 PM
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A City-Backed Grocery Store in Atlanta Offers a Model for Mamdani Bloomberg — May 29, 14:46 PM
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Fed’s Bowman Says Too Soon to Judge Iran War Inflation Impact Bloomberg — May 29, 14:32 PM
Mortgage rates are hovering at their highest point since last August Quartz — May 29, 14:30 PM
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AST SpaceMobile is the best performing communication services stock in the past month Seeking Alpha — May 29, 14:20 PM
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Chicago Business Activity Surges in May Wall Street Journal — May 29, 14:11 PM
Replimune is resubmitting its twice-rejected melanoma drug after FDA leadership exodus Quartz — May 29, 14:10 PM
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Ohio calls time on data-center tax break after cost balloons to $1.5 billion, 11x the initial estimate Fortune — May 29, 14:09 PM
Petra Begins Finsch Mine Rescue Plan Amid Diamond Market Slump Bloomberg — May 29, 14:08 PM
London tube strikes to go ahead on Tuesday and Thursday, RMT says The Guardian — May 29, 14:07 PM
Scotiabank buys Texas-based commercial lender as it eyes U.S. growth The Globe and Mail — May 29, 14:07 PM
EU's big six agree position on capital market supervision RTE — May 29, 14:06 PM
New Yorkers irritated by proliferation of London members’ clubs on their doorsteps The Guardian — May 29, 14:04 PM
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Paramount Skydance meets with DOJ about WBD deal, allows critics to listen in on talks: sources NY Post — May 29, 14:01 PM
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Vanguard California Tax-Exempt Bond ETF declares monthly distribution of $0.2575 Seeking Alpha — May 29, 13:54 PM
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Exxon warns oil inventories are weeks from record lows, threatening a price spike Quartz — May 29, 13:30 PM
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Uber wants to answer the hotel industry’s most asked question. Now it’s integrating into 15,000 hotels globally Fortune — May 29, 13:23 PM
Gap is slashing its full-year sales outlook as Old Navy disappoints Quartz — May 29, 13:22 PM
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Recent blocks on Republican bills may showcase a tough time for the party ahead of the midterms Fortune — May 29, 13:19 PM
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Sebi slaps Rs 28.95 crore penalty on Suzlon, promoters over misleading financial disclosure Times Of India — May 29, 13:18 PM
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Chevron CEO Wirth on Oil Prices, Strait of Hormuz, Venezuela Bloomberg — May 29, 13:12 PM
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Prosecutors issue Google insider trading charges after an employee made more than $1.2 million on Polymarket Fortune — May 29, 13:08 PM
FitzWalter Bought Bank Debt of Ailing 3i-Backed Fiber Operator Bloomberg — May 29, 13:05 PM
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This World Cup Problem Plagues All Sports Bloomberg — May 29, 13:04 PM
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Current price of oil as of May 29, 2026 Fortune — May 29, 13:02 PM
Fire in train car near New York City’s Penn Station injures five and disrupts service The Guardian — May 29, 13:02 PM
Baron Real Estate Income Fund initiates EPRT, exits JLL, TOL among Q1 moves Seeking Alpha — May 29, 13:02 PM
Northrim BanCorp declares $0.16 dividend Seeking Alpha — May 29, 13:01 PM
Science Applications Q1 2027 Earnings Preview Seeking Alpha — May 29, 13:00 PM
Fed’s Bowman Says Too Soon to Judge Inflation Impact of Iran War Bloomberg — May 29, 13:00 PM
LG Electronics stock soared after debuting a Google-powered in-car software system Quartz — May 29, 13:00 PM
Editor’s note: Bidding farewell to a one-of-a-kind editor The Globe and Mail — May 29, 13:00 PM
Will AI be the end of jobs? The reality looks different in Canada The Globe and Mail — May 29, 13:00 PM
Asda reveals sales recovery as it strikes partnership deal with Ocado Belfast Telegraph — May 29, 13:00 PM
Asda reveals sales recovery as it strikes partnership deal with Ocado The Independent — May 29, 13:00 PM
You Won the Battle on Investment Fees. You’re Losing the War Against Taxes. Wall Street Journal — May 29, 13:00 PM
Yuno Energy latest to increase electricity and gas prices RTE — May 29, 13:00 PM
4 stocks to watch on Friday: JNJ, UNH, COST, and ADSK Seeking Alpha — May 29, 12:59 PM
Yuno Energy boosts charges by €3 a week Irish Times — May 29, 12:59 PM
Scottish business confidence rose in May, figures show Belfast Telegraph — May 29, 12:58 PM
Scottish business confidence rose in May, figures show The Independent — May 29, 12:58 PM
Alphabet, ASML among new Q1 additions at Baron Opportunity Fund; Microsoft exited Seeking Alpha — May 29, 12:58 PM
BofA Bull & Bear Indicator enters contrarian 'sell' territory Seeking Alpha — May 29, 12:56 PM
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Dividend Roundup: Salesforce, Lowe's, McDonald's, Halliburton, and more Seeking Alpha — May 29, 12:56 PM
Corporate law specialist named new president of NI Chamber Belfast Telegraph — May 29, 12:55 PM
Corporate law specialist Neasa Quigley named new president of NI Chamber Belfast Telegraph — May 29, 12:55 PM
Replimune to resubmit twice-rejected drug for approval after FDA shakeup CNBC — May 29, 12:51 PM
American Eagle Outfitters posted record first-quarter revenue but its stock sank as the flagship brand stumbled Quartz — May 29, 12:50 PM
‘Boy, what a team,’ says Trump as Queens native scores an invite to see the New York Knicks in the NBA finals Fortune — May 29, 12:47 PM
Canada GDP Dips 0.1% in First Quarter Wall Street Journal — May 29, 12:46 PM
Ships Attacked in Strait of Hormuz This Week, Chevron CEO Says Bloomberg — May 29, 12:44 PM
Zambia Bonds Jump After 2053 Debt Buyback Tender Starts Bloomberg — May 29, 12:37 PM
Jill Biden on that debate performance: ‘Is he short-circuiting? Is this a stroke?’ Fortune — May 29, 12:36 PM
July, August Critical Months for Oil Inventories, Chevron CEO Says Bloomberg — May 29, 12:36 PM
Disney is calling Trump’s FCC ‘unconstitutional.’ It paid him $15 million 2 years ago Fortune — May 29, 12:35 PM
I paid $35,000 a person for a 10-night ultra-luxury Ritz-Carlton cruise through Japan. Here's what that price got us. Business Insider — May 29, 12:35 PM
US Merchandise-Trade Deficit Narrows on Rise in Exports Bloomberg — May 29, 12:34 PM
AI is creating more work for Australia's workplace tribunal. It may also be the fix. Business Insider — May 29, 12:33 PM
China’s US$2.2 trillion urban renewal plan to boost construction, property sectors South China Morning Post — May 29, 12:33 PM
Canada Dips Into Technical Recession, First Time Since 2020 Bloomberg — May 29, 12:30 PM
Struggling condo developers ask banks to ease financing conditions, the Home of the Week and more top real estate stories The Globe and Mail — May 29, 12:30 PM
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She oversaw 29 quarters of sales growth. Now e.l.f.’s CFO is taking on its AI strategy Fortune — May 29, 12:29 PM
Stellantis is recalling more than 419,000 U.S. vehicles over a side air bag flaw Quartz — May 29, 12:29 PM
Autodesk falls despite Q1 beat, analysts mull MaintainX acquisition Seeking Alpha — May 29, 12:28 PM
‘Two Sigma’ S&P Rally Signals Easy Money Has Already Been Made Bloomberg — May 29, 12:26 PM
AI isn't in a bubble if it delivers, SF Fed's Daly says Seeking Alpha — May 29, 12:25 PM
India’s Maritime Financier Readies Nation’s First Blue Bond Bloomberg — May 29, 12:24 PM
Hammond Power Solutions Inc. declares CAD 0.275 dividend Seeking Alpha — May 29, 12:24 PM
The $900 Billion Giant: How Anthropic Got So Big, So Fast The New York Times — May 29, 12:23 PM
Laurentian Bank of Canada declares CAD 0.47 dividend Seeking Alpha — May 29, 12:22 PM
Replimune surges on plans to resubmit lead drug for FDA review Seeking Alpha — May 29, 12:22 PM
PARATUS ENERGY SVCS LTD declares $0.22 dividend Seeking Alpha — May 29, 12:21 PM
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Sugar Climbs Most in a Month on Poor India Monsoon Rain Outlook Bloomberg — May 29, 12:19 PM