Barrick Files to List American Barrick Gold on the NYSE, Carving Out Every US ‘Tier One’ Gold Mine and About $2.2 Billion of Net Income
Barrick filed with the SEC to list its North American gold assets as American Barrick Gold on the NYSE, with...
SoftBank Swings to a $7.1 Billion Loss on $3.7 Billion of US Data-Center Power Charges and Signals It Will Slow Its AI Spending Spree
SoftBank posted a $7.1 billion quarterly loss, its first in nearly two years, on US data-center charges, and signaled it...
SEC Penalties Sink to $1.1 Billion, the Lowest Since the 2008 Crisis, on 348 Enforcement Actions as Warren Readies Scrutiny of the Atkins SEC
The SEC obtained $1.1 billion in penalties last fiscal year, its lowest since 2008, on 348 actions as Democrats prepare...
OpenAI’s Quarterly Revenue Tops $10 Billion for the First Time, Up Nearly 50% in a Quarter, as Anthropic’s Growth Slows to About 47%
OpenAI’s third-quarter revenue hit $10 billion for the first time, up nearly 50% from the prior quarter, as Anthropic’s growth...
CoreWeave Swears Off Unsecured Debt ‘at Current Yields’ and Lines Up a Multibillion-Dollar Chip-Backed Loan at 7% to 7.5%, Less Than Half Its Unsecured Yield
CoreWeave plans a chip-backed loan of several billion dollars at about 7% to 7.5% and says it will not tap...
CoreWeave Edges Past Estimates With $3.7 Billion in Revenue and a $133 Billion Backlog, but Launches a Share Sale as Davidson Says Its Data Centers Earn Just 3%
CoreWeave beat estimates with $3.7 billion in Q3 revenue and a $133 billion backlog, but a new stock-sale program and...
Goolsbee Calls October CPI ‘Borderline Disturbing’ and Puts Everything ‘on the Table,’ While Voter Paulson Says Only Gradual Fed Tightening Is Needed for Now
Goolsbee called October’s CPI ‘borderline disturbing,’ while Philadelphia Fed voter Paulson said gradual tightening still seems appropriate for now.
Anthropic’s Bankers Weigh Pricing Its IPO Above the $70–$78 Range on Heavy Demand, Lifting the Valuation Toward $1.5 Trillion and the Raise Past $100 Billion
Anthropic’s bankers may price its IPO above the $70 to $78 range after heavy demand, lifting its valuation to $1.5...
Bank of America’s Moynihan Says Merrill Must Double Its $80 Billion Pace of Fee-Based Inflows to Hit Its Goal, Eyeing 5 Million Untapped Wealthy Clients
BofA expects about $80 billion of new fee-based wealth assets this year and must roughly double that pace, Moynihan says,...
Anthropic Opens Its Australian Retail IPO Offer Through Nov. 17 Ahead of a Nasdaq Listing as ‘ANT,’ as Australia Moves to Tighten AI Oversight
Anthropic opened its Australian retail IPO offer, running to Nov. 17, as it seeks up to $90.4 billion and Australia...
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