2 days ago
Anthropic's initial public offering (IPO) appears to be on pace to take place in late October or early November. Right now, it is difficult for retail investors to get a stake in the artificial intelligence (AI) giant, which is one of the fastest-growing businesses in the world.
But there is an investment you could make that would get you sizable indirect exposure to Anthropic ahead of its listing. Zoom Communications (NASDAQ: ZM), the leading cloud video conferencing company, bought a stake in Anthropic back in May 2023, and that investment could now be worth billions.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ***** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Let's see whether that makes Zoom stock a buy right now.
Zoom made a $51 million investment in Anthropic in May 2023, and that has turned out to be one of the smartest decisions the company has ever made (maybe even smarter than its choice to go public right before the pandemic).
#investment #missed
But there is an investment you could make that would get you sizable indirect exposure to Anthropic ahead of its listing. Zoom Communications (NASDAQ: ZM), the leading cloud video conferencing company, bought a stake in Anthropic back in May 2023, and that investment could now be worth billions.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ***** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Let's see whether that makes Zoom stock a buy right now.
Zoom made a $51 million investment in Anthropic in May 2023, and that has turned out to be one of the smartest decisions the company has ever made (maybe even smarter than its choice to go public right before the pandemic).
#investment #missed
3 days ago
Anthropic's initial public offering (IPO), expected no earlier than mid-October, will be a test of just how hungry the financial markets still are for exposure to artificial intelligence (AI). The S&P 500 (SNPINDEX: ^GSPC) is going to react depending on how that test goes. Its backers want a valuation of $2 trillion or more, which would top ******* e Exploration Technologies as the biggest IPO ever if it happens.
Don't expect S&P 500 funds to buy it immediately, though. The road for Anthropic entering the S&P 500 is going to be slow, and it could test some nerves along the way.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ******* ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
By definition, index funds tracking the S&P 500 must buy whatever the S&P 500 adds to its list of stocks.
Anthropic probably won't get special treatment, given that on June 4, S&P Dow Jones Indices declined to loosen its rules for mega-cap listings. Those rules still require 12 months as a public company, at least 10% of shares being publicly held, and reported positive earnings under generally accepted accounting principles (GAAP).
#snpindex
Don't expect S&P 500 funds to buy it immediately, though. The road for Anthropic entering the S&P 500 is going to be slow, and it could test some nerves along the way.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ******* ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
By definition, index funds tracking the S&P 500 must buy whatever the S&P 500 adds to its list of stocks.
Anthropic probably won't get special treatment, given that on June 4, S&P Dow Jones Indices declined to loosen its rules for mega-cap listings. Those rules still require 12 months as a public company, at least 10% of shares being publicly held, and reported positive earnings under generally accepted accounting principles (GAAP).
#snpindex
3 days ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
The CEO of Anthropic, one of the most valuable pure-play AI companies in the world, has some reservations about AI.
In a post (1) to his personal website, Anthropic CEO Dario Amodei called for companies to slow the development of increasingly capable AI models so safety measures can catch up. After listing some of the potential future benefits of AI — including his belief that it could "cure most major diseases" — Amodei acknowledged that it also "brings risks."
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#anthropic #amodei #Companies #moneywise
The CEO of Anthropic, one of the most valuable pure-play AI companies in the world, has some reservations about AI.
In a post (1) to his personal website, Anthropic CEO Dario Amodei called for companies to slow the development of increasingly capable AI models so safety measures can catch up. After listing some of the potential future benefits of AI — including his belief that it could "cure most major diseases" — Amodei acknowledged that it also "brings risks."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#anthropic #amodei #Companies #moneywise
4 days ago
Financially challenged fast-food franchisees have been lining up to file for bankruptcy protection in 2026 to reorganize their businesses and restructure debt.
Hardee's Phoenix-based restaurant franchisee Superior Star LLC , filed for Chapter 11 bankruptcy protection on July 9, facing an alleged seller financing dispute, according to court papers. A burger chain rival, Checkers Drive-In franchisee C.S. Holdings of Tampa LLC, which operates two locations in Tampa, Fla., filed for Chapter 11 bankruptcy protection to reorganize its business on July 14.
Another Hardee's franchisee, ARC Burger LLC, filed for Chapter 7 bankruptcy liquidation on April 20, 2026, after franchisor Hardee's Restaurants LLC sued the restaurant operator for alleged breach of contract, seeking to recover over $6.5 million in unpaid franchise fees and other obligations, according to Law.com.
And now, major Wendy's restaurant franchisee Meritage Hospitality Group Inc., which operates over 350 locations in 15 states, filed for Chapter 11 bankruptcy to reorganize its business and restructure its debt, almost 11 months after defaulting on its franchise agreements for failing to remit payments.
Meritage Hospitality and 14 affiliates filed their petition in the U.S. Bankruptcy Court for the Western District of Michigan on Sept. 17, 2026, listing $10 million to $50 million in **** ets and debts.
#chapter
Hardee's Phoenix-based restaurant franchisee Superior Star LLC , filed for Chapter 11 bankruptcy protection on July 9, facing an alleged seller financing dispute, according to court papers. A burger chain rival, Checkers Drive-In franchisee C.S. Holdings of Tampa LLC, which operates two locations in Tampa, Fla., filed for Chapter 11 bankruptcy protection to reorganize its business on July 14.
Another Hardee's franchisee, ARC Burger LLC, filed for Chapter 7 bankruptcy liquidation on April 20, 2026, after franchisor Hardee's Restaurants LLC sued the restaurant operator for alleged breach of contract, seeking to recover over $6.5 million in unpaid franchise fees and other obligations, according to Law.com.
And now, major Wendy's restaurant franchisee Meritage Hospitality Group Inc., which operates over 350 locations in 15 states, filed for Chapter 11 bankruptcy to reorganize its business and restructure its debt, almost 11 months after defaulting on its franchise agreements for failing to remit payments.
Meritage Hospitality and 14 affiliates filed their petition in the U.S. Bankruptcy Court for the Western District of Michigan on Sept. 17, 2026, listing $10 million to $50 million in **** ets and debts.
#chapter
4 days ago
Updated Sept. 17, 2026 4:53 pm ET
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The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1006 ET – U.S. pending home sales fell 3.5% week-over-week to their lowest level in almost three years, Redfin says. Declining homebuying demand is giving buyers breathing room. It means less competition and more room to negotiate for the house hunters who are still shopping. New listings fell slightly, -0.5%, from a week earlier, but they’re still up 1.5% year-over-year, and there are still hundreds of thousands more home sellers than buyers in the market. More homes on the market equals less pressure on buyers to rush into a decision or pay more than they want. Home-sale prices are holding steady. The median home-sale price rose 2% year-over-year. That stability means prices aren’t soaring, and that sellers aren’t in immediate danger of home values dropping. (chris.wackwsj.com)
#still #fell #means
Listen
(3 min)
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1006 ET – U.S. pending home sales fell 3.5% week-over-week to their lowest level in almost three years, Redfin says. Declining homebuying demand is giving buyers breathing room. It means less competition and more room to negotiate for the house hunters who are still shopping. New listings fell slightly, -0.5%, from a week earlier, but they’re still up 1.5% year-over-year, and there are still hundreds of thousands more home sellers than buyers in the market. More homes on the market equals less pressure on buyers to rush into a decision or pay more than they want. Home-sale prices are holding steady. The median home-sale price rose 2% year-over-year. That stability means prices aren’t soaring, and that sellers aren’t in immediate danger of home values dropping. (chris.wackwsj.com)
#still #fell #means
4 days ago
Hawaiian Electric Industries, Inc. (NYSE:HE) has a potential valuation benchmark for its retained American Savings Bank investment. IPO terms reported September 9 imply approximately $1 billion of equity value at the midpoint. The proposed offering comprises approximately 7.5 million shares at $15 to $17 each.
Hawaiian Electric Industries, Inc. (NYSE:HE) sold 90.1% of the bank in December 2024 and retained 9.9%. Mechanically, a 9.9% holding at a $1 billion valuation would be worth approximately $99 million, ****** uming that ownership percentage remains unchanged.
The base offering would total approximately $120 million at the $16 midpoint before fees. That amount represents shares being sold across the offering, not proceeds automatically attributable to the retained investment.
A public listing could make the minority ****** et easier to value. For Hawaiian Electric Industries, Inc. (NYSE:HE), an observable trading price would give investors a clearer reference for estimating the holding's contribution to overall equity value.
The proposed transaction is entirely secondary, according to the detailed offering report. Existing shareholders are selling shares, so the offering itself does not dilute ownership through newly issued stock. Any change in the retained stake would depend on shareholder sales or other capital changes.
#value #million
Hawaiian Electric Industries, Inc. (NYSE:HE) sold 90.1% of the bank in December 2024 and retained 9.9%. Mechanically, a 9.9% holding at a $1 billion valuation would be worth approximately $99 million, ****** uming that ownership percentage remains unchanged.
The base offering would total approximately $120 million at the $16 midpoint before fees. That amount represents shares being sold across the offering, not proceeds automatically attributable to the retained investment.
A public listing could make the minority ****** et easier to value. For Hawaiian Electric Industries, Inc. (NYSE:HE), an observable trading price would give investors a clearer reference for estimating the holding's contribution to overall equity value.
The proposed transaction is entirely secondary, according to the detailed offering report. Existing shareholders are selling shares, so the offering itself does not dilute ownership through newly issued stock. Any change in the retained stake would depend on shareholder sales or other capital changes.
#value #million
5 days ago
A fresh wave of nuclear stock listings is sweeping Wall Street as the explosive growth of data centers puts mounting pressure on electricity grids and reignites investor appetite for nuclear power. Joining this initial public offering (IPO) frenzy is nuclear stock Holtec Nuclear, which is gearing up for its public debut this month. The company plans to offer 50 million shares of Class A common stock at a price range of $15 to $18 per share, potentially raising up to $900 million and valuing the company at as much as $10.2 billion.
Holtec plans to list on the Nasdaq Global Select Market and Nasdaq Texas under the ticker symbol "HNUC" on Sept. 18. The underwriters also have a 30-day option to purchase up to an additional 7.5 million shares. Leading the offering as joint lead book-running managers are J.P. Morgan, Guggenheim Securities, Goldman Sachs, Citigroup, and BofA Securities, while Morgan Stanley, Cantor, BMO Capital Markets, and Oppenheimer & Co. round out the group of joint book-running managers.
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#shares #securities
Holtec plans to list on the Nasdaq Global Select Market and Nasdaq Texas under the ticker symbol "HNUC" on Sept. 18. The underwriters also have a 30-day option to purchase up to an additional 7.5 million shares. Leading the offering as joint lead book-running managers are J.P. Morgan, Guggenheim Securities, Goldman Sachs, Citigroup, and BofA Securities, while Morgan Stanley, Cantor, BMO Capital Markets, and Oppenheimer & Co. round out the group of joint book-running managers.
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Nvidia CEO Jensen Huang Just Dropped Huge News for This Cybersecurity Stock
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#shares #securities
6 days ago
HIVE Digital Technologies (Nasdaq: HIVE), a Canada-based Bitcoin miner and data center operator, has appointed Hubert Marleau as an independent director at BUZZ HPC.
The company, which trades on the Nasdaq and Toronto Stock Exchange, said Marleau will serve on the board of its wholly owned AI cloud and high-performance computing subsidiary.
Marleau brings more than 50 years of experience in Canadian capital markets. He co-founded Palos Capital Corp. and Palos Management Inc. and has served as governor of both the Montreal and Vancouver stock exchanges, chairman of the Toronto Stock Exchange Listing Committee, and a director of the Investment Dealers ******* ociation of Canada.
Related: Dogecoin co-founder mocks Trump's $5,000 dividend plan
During his five-decade-long career, he has sat on the boards of more than 50 publicly traded companies in Canada and the United States and advised on numerous mergers, acquisitions, and financings, according to the company.
#canada #marleau #palos
The company, which trades on the Nasdaq and Toronto Stock Exchange, said Marleau will serve on the board of its wholly owned AI cloud and high-performance computing subsidiary.
Marleau brings more than 50 years of experience in Canadian capital markets. He co-founded Palos Capital Corp. and Palos Management Inc. and has served as governor of both the Montreal and Vancouver stock exchanges, chairman of the Toronto Stock Exchange Listing Committee, and a director of the Investment Dealers ******* ociation of Canada.
Related: Dogecoin co-founder mocks Trump's $5,000 dividend plan
During his five-decade-long career, he has sat on the boards of more than 50 publicly traded companies in Canada and the United States and advised on numerous mergers, acquisitions, and financings, according to the company.
#canada #marleau #palos
6 days ago
Hive Digital Technologies Chief Financial Officer Darcy Daubaras joined Steve Darling from Proactive to discuss the appointment of renowned capital markets executive Hubert Marleau as an Independent Director of HIVE's wholly owned subsidiary, BUZZ High Performance Computing (BUZZ HPC), a move designed to strengthen governance and strategic oversight as the company expands its sovereign AI infrastructure platform across Canada.
Daubaras said Marleau's appointment brings an exceptional level of experience in capital markets, corporate governance and strategic growth at a pivotal time for BUZZ HPC. As demand for artificial intelligence infrastructure continues to accelerate globally, HIVE is positioning BUZZ HPC as a key provider of sovereign AI computing solutions, and management believes Marleau's expertise will help guide the business through its next phase of expansion.
Marleau has spent more than five decades working across North American capital markets and is widely recognized as one of Canada's most experienced investment and governance professionals. His career spans investment banking, ******* et management, corporate finance and public company leadership, giving him a unique perspective on scaling businesses, raising capital and creating shareholder value.
A co-founder of Palos Capital Corp. and Palos Management Inc., Marleau has held influential leadership positions throughout Canada's financial sector. His extensive resume includes serving as a Governor of both the Montreal and Vancouver stock exchanges, Chairman of the Toronto Stock Exchange Listing Committee and a director of the Investment Dealers ******* ociation of Canada, now known as IIROC.
Over the course of his distinguished career, Marleau has served as a current or former director of more than 50 publicly traded companies in Canada and the United States. He has also played a key role in raising both public and private capital for hundreds of issuers and has advised on numerous mergers, acquisitions and financing transactions across a wide range of industries.
#canada #across
Daubaras said Marleau's appointment brings an exceptional level of experience in capital markets, corporate governance and strategic growth at a pivotal time for BUZZ HPC. As demand for artificial intelligence infrastructure continues to accelerate globally, HIVE is positioning BUZZ HPC as a key provider of sovereign AI computing solutions, and management believes Marleau's expertise will help guide the business through its next phase of expansion.
Marleau has spent more than five decades working across North American capital markets and is widely recognized as one of Canada's most experienced investment and governance professionals. His career spans investment banking, ******* et management, corporate finance and public company leadership, giving him a unique perspective on scaling businesses, raising capital and creating shareholder value.
A co-founder of Palos Capital Corp. and Palos Management Inc., Marleau has held influential leadership positions throughout Canada's financial sector. His extensive resume includes serving as a Governor of both the Montreal and Vancouver stock exchanges, Chairman of the Toronto Stock Exchange Listing Committee and a director of the Investment Dealers ******* ociation of Canada, now known as IIROC.
Over the course of his distinguished career, Marleau has served as a current or former director of more than 50 publicly traded companies in Canada and the United States. He has also played a key role in raising both public and private capital for hundreds of issuers and has advised on numerous mergers, acquisitions and financing transactions across a wide range of industries.
#canada #across
6 days ago
Two former Robinhood engineers allegedly used confidential information about upcoming cryptocurrency listings to make profitable trades on decentralized exchange Hyperliquid, federal prosecutors said Tuesday.
Hefu Chai, 36, and Huaisong "Jerry" Xiang, 30, each face one count of commodities fraud and one count of wire fraud.
"Today's charges make clear that corporate insiders cannot evade the securities and commodities laws by trading based on misappropriated information in derivatives like perpetual futures, tokenized securities, or other similar financial instruments," U.S. Attorney Jamie McDonald said in a statement.
Perpetual futures, or "perps," let traders speculate on an **** et's price—often with leverage—without owning it. Unlike conventional futures, the derivatives do not expire. Hyperliquid is one of the largest decentralized platforms for trading perps and has faced increased regulatory scrutiny.
According to the DOJ, the engineers allegedly used nonpublic information about upcoming Robinhood Crypto token listings to buy related perpetual futures before the announcements, earning profits "for their own benefit" between 2025 and 2026. Each defendant earned more than $50,000 from the alleged scheme, the Justice Department said.
#futures #engineers
Hefu Chai, 36, and Huaisong "Jerry" Xiang, 30, each face one count of commodities fraud and one count of wire fraud.
"Today's charges make clear that corporate insiders cannot evade the securities and commodities laws by trading based on misappropriated information in derivatives like perpetual futures, tokenized securities, or other similar financial instruments," U.S. Attorney Jamie McDonald said in a statement.
Perpetual futures, or "perps," let traders speculate on an **** et's price—often with leverage—without owning it. Unlike conventional futures, the derivatives do not expire. Hyperliquid is one of the largest decentralized platforms for trading perps and has faced increased regulatory scrutiny.
According to the DOJ, the engineers allegedly used nonpublic information about upcoming Robinhood Crypto token listings to buy related perpetual futures before the announcements, earning profits "for their own benefit" between 2025 and 2026. Each defendant earned more than $50,000 from the alleged scheme, the Justice Department said.
#futures #engineers
6 days ago
Two former Robinhood engineers were charged with fraud on Tuesday in a Hyperliquid insider trading case, accused of buying futures contracts before their employer announced new token listings.
Hefu Chai, 36, and Huaisong Xiang, 30, each face one count of violating the Commodity Exchange Act and one count of wire fraud. Prosecutors say the pair made more than $50,000 apiece.
"Robinhood takes market integrity seriously and has zero tolerance for insider trading. We have robust insider trading policies and procedures in place, including for new crypto listings. We immediately investigated and reported this matter to law enforcement and regulators, and will continue to cooperate with the investigations," a Robinhood spokesperson told BeInCrypto.
Follow us on X to get the latest news as it happens
Hyperliquid runs a decentralized exchange built around perpetual futures. These are leveraged bets on a token's price that never expire, so a trader can hold the position indefinitely.
#robinhood #exchange #tuesday
Hefu Chai, 36, and Huaisong Xiang, 30, each face one count of violating the Commodity Exchange Act and one count of wire fraud. Prosecutors say the pair made more than $50,000 apiece.
"Robinhood takes market integrity seriously and has zero tolerance for insider trading. We have robust insider trading policies and procedures in place, including for new crypto listings. We immediately investigated and reported this matter to law enforcement and regulators, and will continue to cooperate with the investigations," a Robinhood spokesperson told BeInCrypto.
Follow us on X to get the latest news as it happens
Hyperliquid runs a decentralized exchange built around perpetual futures. These are leveraged bets on a token's price that never expire, so a trader can hold the position indefinitely.
#robinhood #exchange #tuesday
6 days ago
HIVE Digital Technologies Ltd (TSX:HIVE, NASDAQ:HIVE, FRA:YO0, BVC:HIVECO) announced is has appointed Canadian capital-markets veteran Hubert Marleau as an independent director of BUZZ HPC's board.
Marleau brings more than five decades of cross-border capital-markets and governance experience to the role, strengthening independent oversight as the company scales its sovereign AI infrastructure platform across Canada.
A co-founder of Palos Capital and Palos Management, Marleau has served as Governor of the Montreal and Vancouver stock exchanges and Chairman of the Toronto Stock Exchange Listing Committee, and has been a director of more than 50 publicly traded companies in Canada and the United States. He currently serves as CEO of Nio Strategic Metals and as Market Economist at Palos.
Frank Holmes, executive chairman of HIVE Digital Technologies and BUZZ HPC, said he has known Marleau for 40 years and values his candor and independent judgment as BUZZ scales sovereign AI infrastructure in Canada with Bell.
Aydin Kilic, CEO of HIVE Digital Technologies, said Marleau's experience and independent judgment strengthen the BUZZ HPC board as it enters its next stage of growth.
#canada
Marleau brings more than five decades of cross-border capital-markets and governance experience to the role, strengthening independent oversight as the company scales its sovereign AI infrastructure platform across Canada.
A co-founder of Palos Capital and Palos Management, Marleau has served as Governor of the Montreal and Vancouver stock exchanges and Chairman of the Toronto Stock Exchange Listing Committee, and has been a director of more than 50 publicly traded companies in Canada and the United States. He currently serves as CEO of Nio Strategic Metals and as Market Economist at Palos.
Frank Holmes, executive chairman of HIVE Digital Technologies and BUZZ HPC, said he has known Marleau for 40 years and values his candor and independent judgment as BUZZ scales sovereign AI infrastructure in Canada with Bell.
Aydin Kilic, CEO of HIVE Digital Technologies, said Marleau's experience and independent judgment strengthen the BUZZ HPC board as it enters its next stage of growth.
#canada
6 days ago
On this episode of Stock Movers:- Dave & Buster's (PLAY) shares are lower after it reported revenue for the second quarter that missed the average ***** yst estimate.- Coinbase (COIN) along with other crypto shares along with Bitcoin are sliding ahead of the Senate's vote on the CLARITY Act that would regulate digital ***** ets and the crypto industry.- Waystar (WAY) shares are higher after Reuters reported that the firm is exploring options, including a sale, two years after a public listing in New York.
#dave
#dave
6 days ago
Anthropic is moving forward with plans for an initial public offering that could value the company at $2 trillion, with signs pointing to the listing remaining on track, according to Bloomberg. Nasdaq has been selected as the venue for the listing, and Nvidia is reportedly weighing a contribution of around $10 billion to the offering.
Bloomberg reports Anthropic's annualized revenue at $65 billion, with the company's margins underpinned by investor confidence in where AI capabilities are headed rather than by today's cash generation.
The IPO comes as Anthropic chief executive officer Dario Amodei has published an essay calling on AI companies to manage the pace of frontier model development. Amodei's essay calls on firms "must slow the pace" of capability improvements, yet frames the goal as "a balanced rate" of progress, with the ****** urance that "progress will still seem fast," Bloomberg notes. When CFO Krishna Rao shared the piece on LinkedIn, his commentary centered on the themes of "pacing" and "common standards."
Anthropic is preparing to tell IPO investors that its potential revenue opportunity exceeds $30 trillion, according to The Wall Street Journal. The company more than doubled its revenue to $11.6 billion in the second quarter and could seek to raise as much as $100 billion in its offering — both figures that would surpass what ****** eX achieved when it went public in June at a $1.77 trillion valuation.
Investors have projected that Anthropic's annualized revenue will reach between $100 billion and $120 billion before year's end, representing more than tenfold growth from the $47 billion annualized revenue the company reported in May, according to the Financial Times as cited in earlier reporting. Morgan Stanley, Goldman Sachs, and JPMorgan are leading the offering. The company filed paperwork with the Securities and Exchange Commission in June.
#billion #bloomberg #trillion #according
Bloomberg reports Anthropic's annualized revenue at $65 billion, with the company's margins underpinned by investor confidence in where AI capabilities are headed rather than by today's cash generation.
The IPO comes as Anthropic chief executive officer Dario Amodei has published an essay calling on AI companies to manage the pace of frontier model development. Amodei's essay calls on firms "must slow the pace" of capability improvements, yet frames the goal as "a balanced rate" of progress, with the ****** urance that "progress will still seem fast," Bloomberg notes. When CFO Krishna Rao shared the piece on LinkedIn, his commentary centered on the themes of "pacing" and "common standards."
Anthropic is preparing to tell IPO investors that its potential revenue opportunity exceeds $30 trillion, according to The Wall Street Journal. The company more than doubled its revenue to $11.6 billion in the second quarter and could seek to raise as much as $100 billion in its offering — both figures that would surpass what ****** eX achieved when it went public in June at a $1.77 trillion valuation.
Investors have projected that Anthropic's annualized revenue will reach between $100 billion and $120 billion before year's end, representing more than tenfold growth from the $47 billion annualized revenue the company reported in May, according to the Financial Times as cited in earlier reporting. Morgan Stanley, Goldman Sachs, and JPMorgan are leading the offering. The company filed paperwork with the Securities and Exchange Commission in June.
#billion #bloomberg #trillion #according
8 days ago
Kylie Jenner has officially sold her longtime Hidden Hills mansion for $15.3 million. The 29-year-old multi-million-dollar beauty brand founder originally wanted $20.25 million for the property, but the final deal came after a series of price changes. The sale also comes as Jenner works on a new dream home nearby.
As per TMZ, the sale was completed on Friday, Sept. 11, according to property records. Jenner first put the mansion on the market for $20.25 million in March. A month later, the asking price dropped by $2.3 million to $17.99 million before the property eventually sold for $15.3 million.
The home had already entered a pending sale status by Wednesday, Sept. 2. However, the final price came in about $2.7 million below the reduced asking price and nearly $5 million under the original listing price.
Jenner bought the property for $12.05 million in late 2016 when she was 19. The sprawling estate covers more than 13,000 square feet and sits on a private 1.4-acre lot.
The eight-bedroom home features a private theater, game room with a wet bar, office with a fireplace, gym and massage room. The property also includes eight full bathrooms, along with an attached guest residence that has its own entrance, bedroom, bathroom, kitchenette, sitting area and courtyard.
#price #sale #home #final
As per TMZ, the sale was completed on Friday, Sept. 11, according to property records. Jenner first put the mansion on the market for $20.25 million in March. A month later, the asking price dropped by $2.3 million to $17.99 million before the property eventually sold for $15.3 million.
The home had already entered a pending sale status by Wednesday, Sept. 2. However, the final price came in about $2.7 million below the reduced asking price and nearly $5 million under the original listing price.
Jenner bought the property for $12.05 million in late 2016 when she was 19. The sprawling estate covers more than 13,000 square feet and sits on a private 1.4-acre lot.
The eight-bedroom home features a private theater, game room with a wet bar, office with a fireplace, gym and massage room. The property also includes eight full bathrooms, along with an attached guest residence that has its own entrance, bedroom, bathroom, kitchenette, sitting area and courtyard.
#price #sale #home #final
8 days ago
Kylie Jenner sold her Hidden Hills, Calif., mansion for $15.3 million after initially listing it for $20.25 million in March
The 13,000-square-foot property includes eight bedrooms, a private theater, a pool and a guest residence
Jenner is building a new "dream Italian home" on a five-acre plot she reportedly purchased in 2020 for $15 million
Kylie Jenner has officially sold her longtime Southern California mansion.
According to the listing — which was held by Million Dollar Listing alums Josh and Matt Altman of Douglas Elliman — the sprawling Hidden Hills home was sold for $15.3 million. Property records indicate the sale was completed on Friday, Sept. 11.
#jenner
The 13,000-square-foot property includes eight bedrooms, a private theater, a pool and a guest residence
Jenner is building a new "dream Italian home" on a five-acre plot she reportedly purchased in 2020 for $15 million
Kylie Jenner has officially sold her longtime Southern California mansion.
According to the listing — which was held by Million Dollar Listing alums Josh and Matt Altman of Douglas Elliman — the sprawling Hidden Hills home was sold for $15.3 million. Property records indicate the sale was completed on Friday, Sept. 11.
#jenner
8 days ago
Sept 14 (Reuters) - DeepSeek plans to hire Yan Wentao, a partner at venture-capital firm GL Ventures, as its first chief financial officer, two people with knowledge of the matter said, as the Chinese AI startup prepares for a potential initial public offering.
Reuters reported last week that Hangzhou-based DeepSeek had hired Chinese brokerage CITIC Securities to prepare for a possible listing on Shanghai's technology-focused STAR Market.
A CFO typically plays a central role in managing investor communications, financial controls, capital allocation and disclosure processes required for a listing.
The appointment of Yan, who has dealmaking experience, to the role would be a significant step in DeepSeek's transformation from a research-focused lab bankrolled by its founder's hedge fund into a more conventional corporate structure.
The sources on his planned appointment could not be named because they were not authorised to speak publicly on the issue.
#reuters #capital #role #sept
Reuters reported last week that Hangzhou-based DeepSeek had hired Chinese brokerage CITIC Securities to prepare for a possible listing on Shanghai's technology-focused STAR Market.
A CFO typically plays a central role in managing investor communications, financial controls, capital allocation and disclosure processes required for a listing.
The appointment of Yan, who has dealmaking experience, to the role would be a significant step in DeepSeek's transformation from a research-focused lab bankrolled by its founder's hedge fund into a more conventional corporate structure.
The sources on his planned appointment could not be named because they were not authorised to speak publicly on the issue.
#reuters #capital #role #sept
8 days ago
Energy Transfer LP (NYSE:ET) is set to move the primary listing of its common and Series I preferred units from the New York Stock Exchange to the Texas Stock Exchange in early October, making it the first major company to make such a switch from the NYSE to the newly established Dallas exchange. Reuters said the companies moving to TXSE, including Energy Transfer and related energy businesses, represent nearly $100 billion in combined market value, giving the fledgling exchange an important early credibility boost.
For Energy Transfer LP (NYSE:ET), however, the more important question is whether the move can eventually translate into better investor visibility or valuation rather than simply giving the company a stronger Texas identity. WSJ reported that Energy Transfer is worth roughly $75 billion and that Executive Chairman Kelcy Warren is a major backer of TXSE, owning about 30% of its parent company. That relationship makes the listing particularly significant, but it also means investors may scrutinize whether the decision creates a tangible benefit for Energy Transfer unitholders rather than primarily helping establish the new exchange.
The strongest bull argument is that Energy Transfer LP (NYSE:ET) is positioning itself ahead of a potentially important shift in the U.S. energy infrastructure market. TXSE is backed by major financial institutions including BlackRock, Citadel Securities, and Charles Schwab, and winning a roughly $75 billion company gives the exchange substantially more credibility with institutional investors. If TXSE attracts additional large energy companies, Energy Transfer could benefit from becoming one of the exchange's anchor names and gaining greater visibility among investors already focused on Texas-based energy infrastructure.
More importantly, the listing decision fits the underlying environment in which Energy Transfer LP (NYSE:ET) operates. Reuters has highlighted continued investment in U.S. gas-fired generation, LNG infrastructure, and pipeline networks as electricity demand rises and countries seek reliable energy supplies. The U.S. is also building substantial additional LNG export capacity. That matters because Energy Transfer's extensive midstream network can benefit from higher volumes of natural gas, crude oil, and NGLs without taking the same direct commodity-price exposure as upstream producers. If rising power demand from data centers and continued LNG development drive greater demand for U.S. gas transportation, Energy Transfer could see expanding opportunities to place additional infrastructure into service and lock in long-duration cash flows.
#transfer #company #infrastructure #listing
For Energy Transfer LP (NYSE:ET), however, the more important question is whether the move can eventually translate into better investor visibility or valuation rather than simply giving the company a stronger Texas identity. WSJ reported that Energy Transfer is worth roughly $75 billion and that Executive Chairman Kelcy Warren is a major backer of TXSE, owning about 30% of its parent company. That relationship makes the listing particularly significant, but it also means investors may scrutinize whether the decision creates a tangible benefit for Energy Transfer unitholders rather than primarily helping establish the new exchange.
The strongest bull argument is that Energy Transfer LP (NYSE:ET) is positioning itself ahead of a potentially important shift in the U.S. energy infrastructure market. TXSE is backed by major financial institutions including BlackRock, Citadel Securities, and Charles Schwab, and winning a roughly $75 billion company gives the exchange substantially more credibility with institutional investors. If TXSE attracts additional large energy companies, Energy Transfer could benefit from becoming one of the exchange's anchor names and gaining greater visibility among investors already focused on Texas-based energy infrastructure.
More importantly, the listing decision fits the underlying environment in which Energy Transfer LP (NYSE:ET) operates. Reuters has highlighted continued investment in U.S. gas-fired generation, LNG infrastructure, and pipeline networks as electricity demand rises and countries seek reliable energy supplies. The U.S. is also building substantial additional LNG export capacity. That matters because Energy Transfer's extensive midstream network can benefit from higher volumes of natural gas, crude oil, and NGLs without taking the same direct commodity-price exposure as upstream producers. If rising power demand from data centers and continued LNG development drive greater demand for U.S. gas transportation, Energy Transfer could see expanding opportunities to place additional infrastructure into service and lock in long-duration cash flows.
#transfer #company #infrastructure #listing
8 days ago
Hub Group anticipates receiving a delisting notification from Nasdaq following delays in submitting its financial reports, which stemmed from an accounting error identified earlier this year. The company missed a Monday deadline to comply with Nasdaq's financial reporting requirements. It will ask for a hearing to keep its stock listing intact and plans to seek a further extension of the filing requirements.
The company said receipt of the letter doesn't mean shares will immediately stop trading, and that the hearing request will automatically stay a delisting for 15 calendar days. It will also ask for shares not to be delisted during the hearing process, which can take approximately 30 to 45 days to commence following the request.
"While there can be no ***** urances, the Company expects that the Company's Class A common stock will continue to trade on the Nasdaq Global Select Market during the hearing process," a Monday news release stated. "In addition, the Company expects to present to the Nasdaq Hearings Panel a compelling plan to regain full compliance with Nasdaq's continued listing requirements and to secure sufficient time to execute such plan."
Hub Group (NASDAQ: HUBG) announced in February that it had identified a $77-million understatement in purchased transportation expenses during the first three quarters of 2025, and that it was delaying fourth-quarter and full-year 2025 financial reporting. It said in May that "prematurely or incorrectly recognized" transactions were also discovered during 2023 and 2024, and that those periods, along with the first three quarters of 2025, would need to be restated.
It plans to complete the restatement process and file results for the outstanding periods during the fourth quarter. Shares of HUBG were off 6.2% in early trading on Monday compared to the S&P 500, which was down 0.6%.
#NASDAQ #shares #process
The company said receipt of the letter doesn't mean shares will immediately stop trading, and that the hearing request will automatically stay a delisting for 15 calendar days. It will also ask for shares not to be delisted during the hearing process, which can take approximately 30 to 45 days to commence following the request.
"While there can be no ***** urances, the Company expects that the Company's Class A common stock will continue to trade on the Nasdaq Global Select Market during the hearing process," a Monday news release stated. "In addition, the Company expects to present to the Nasdaq Hearings Panel a compelling plan to regain full compliance with Nasdaq's continued listing requirements and to secure sufficient time to execute such plan."
Hub Group (NASDAQ: HUBG) announced in February that it had identified a $77-million understatement in purchased transportation expenses during the first three quarters of 2025, and that it was delaying fourth-quarter and full-year 2025 financial reporting. It said in May that "prematurely or incorrectly recognized" transactions were also discovered during 2023 and 2024, and that those periods, along with the first three quarters of 2025, would need to be restated.
It plans to complete the restatement process and file results for the outstanding periods during the fourth quarter. Shares of HUBG were off 6.2% in early trading on Monday compared to the S&P 500, which was down 0.6%.
#NASDAQ #shares #process
10 days ago
| Saturday, September 12th |
Premier League | Anfield
3PM BST/10AM EST
A couple of words maybe a single short para serving as a micro preview for the match, why it's important, what the main concerns are, or whatever. Mostly it's to make sure the word count gets up to 170 so that the story gets picked up by search.
PREVIEW & HOW TO WATCH
Full Match Preview: Liverpool vs. Fulham
Television & Streaming: No Legal Coverage Still in 2026 (UK); NBCSN & Peacock (USA); Stan Sport (Australia); FuboTV (Canada); Star Sports 3 Asia (India); Astro Premier League (Malaysia); SuperSport Maximo 2 (Nigeria); StarHub TV+ (Singapore); SuperSport Maximo 2 (South Africa); other listings at LiveSoccerTV
#league #match #september
Premier League | Anfield
3PM BST/10AM EST
A couple of words maybe a single short para serving as a micro preview for the match, why it's important, what the main concerns are, or whatever. Mostly it's to make sure the word count gets up to 170 so that the story gets picked up by search.
PREVIEW & HOW TO WATCH
Full Match Preview: Liverpool vs. Fulham
Television & Streaming: No Legal Coverage Still in 2026 (UK); NBCSN & Peacock (USA); Stan Sport (Australia); FuboTV (Canada); Star Sports 3 Asia (India); Astro Premier League (Malaysia); SuperSport Maximo 2 (Nigeria); StarHub TV+ (Singapore); SuperSport Maximo 2 (South Africa); other listings at LiveSoccerTV
#league #match #september
11 days ago
Nasdaq (NASDAQ: $NDAQ) has invested $100 million U.S. in Payward, the parent company of cryptocurrency exchange Kraken.
The investment by Nasdaq was part of a new funding round that valued Payward at $21 billion U.S. The company had been seeking new capital at a $20 billion U.S. valuation.
Nasdaq's investment also comes as the exchange known for listing technology stocks develops tokenized market infrastructure and prepares for around the clock trading.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#company #NDAQ #kraken
The investment by Nasdaq was part of a new funding round that valued Payward at $21 billion U.S. The company had been seeking new capital at a $20 billion U.S. valuation.
Nasdaq's investment also comes as the exchange known for listing technology stocks develops tokenized market infrastructure and prepares for around the clock trading.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#company #NDAQ #kraken
11 days ago
EAST RUTHERFORD - The Giants are listing star wide receiver Malik Nabers as questionable for Sunday's game against The Dallas Cowboys in the season opener for both teams.
Nabers was a full participant in practice Friday for the third consecutive day, but his status remains uncertain because of the game designation.
No other Giants player will carry an injury status into the game.
Giants coach John Harbaugh and Nabers have both indicated that this decision on when to return will be made at the player's discretion.
"The decision is the decision," Nabers said Thursday. "Everyone has to understand that, at the end of the day, it's my career. It's my body. I know when I'm able to play, and I know when I'm able to do what I want to do. So, everybody's got to live with the decision on what I want to do with my career."
#know
Nabers was a full participant in practice Friday for the third consecutive day, but his status remains uncertain because of the game designation.
No other Giants player will carry an injury status into the game.
Giants coach John Harbaugh and Nabers have both indicated that this decision on when to return will be made at the player's discretion.
"The decision is the decision," Nabers said Thursday. "Everyone has to understand that, at the end of the day, it's my career. It's my body. I know when I'm able to play, and I know when I'm able to do what I want to do. So, everybody's got to live with the decision on what I want to do with my career."
#know
11 days ago
Reality TV superstar and fashion mogul Kylie Jenner has finally found a buyer for her longtime California mansion, offloading the home for $15.3 million.
Kylie, 29, who is currently in a very high-profile relationship with Timothee Chalamet, purchased the sprawling 13,200-square-foot Hidden Hills dwelling for $12.05 million in late 2016, when she was just 19. It initially served as the on-screen star's primary residence for many years.
However, Kylie—who is the youngest sister of Kim Kardashian, Khloe Kardashian, Kourtney Kardashian, and Kendall Jenner—was ready for a change, having also listed her enormous concrete abode in the Holmby Hills for the even higher price of $48 million in December.
After listing the home for $20.25 million—nearly 10 years after she scooped up the enormous abode for almost half that price—Jenner sold the dwelling for $15.3 million, Realtor.com® can exclusively reveal.
Jenner carried out extensive renovations to her Hidden Hills starter home, which is now "designed for both everyday living and grand-scale entertaining," according to the listing, which was held by fellow reality TV star Josh Altman, of Douglas Elliman.
#jenner #kylie #Reality #years
Kylie, 29, who is currently in a very high-profile relationship with Timothee Chalamet, purchased the sprawling 13,200-square-foot Hidden Hills dwelling for $12.05 million in late 2016, when she was just 19. It initially served as the on-screen star's primary residence for many years.
However, Kylie—who is the youngest sister of Kim Kardashian, Khloe Kardashian, Kourtney Kardashian, and Kendall Jenner—was ready for a change, having also listed her enormous concrete abode in the Holmby Hills for the even higher price of $48 million in December.
After listing the home for $20.25 million—nearly 10 years after she scooped up the enormous abode for almost half that price—Jenner sold the dwelling for $15.3 million, Realtor.com® can exclusively reveal.
Jenner carried out extensive renovations to her Hidden Hills starter home, which is now "designed for both everyday living and grand-scale entertaining," according to the listing, which was held by fellow reality TV star Josh Altman, of Douglas Elliman.
#jenner #kylie #Reality #years
12 days ago
Hyperliquid (HYPE) has jumped by 4% in the past 24 hours, following the listing of a popular memecoin called USELESS, whose trading volumes has exploded recently.
This Solana-based memecoin has jumped by 15% following its Hyperliquid listing, while volumes have increased by 30% to $173 million.
Such levels account for 56% of the ****** et's circulating market cap, reflecting the strength of the buying pressure.
USELESS has seen its price explode by 683% as the token went viral on social media and started to gain traction among retail investors quickly.
Hyperliquid's listing looks like a strategic move to capitalize on its rising popularity and significant volumes.
#volumes
This Solana-based memecoin has jumped by 15% following its Hyperliquid listing, while volumes have increased by 30% to $173 million.
Such levels account for 56% of the ****** et's circulating market cap, reflecting the strength of the buying pressure.
USELESS has seen its price explode by 683% as the token went viral on social media and started to gain traction among retail investors quickly.
Hyperliquid's listing looks like a strategic move to capitalize on its rising popularity and significant volumes.
#volumes
12 days ago
DeepSeek has engaged CITIC Securities to prepare for an initial public offering on Shanghai's STAR Market, according to Reuters, citing two people with knowledge of the matter who spoke on condition of anonymity.
The Hangzhou-based AI startup aims to begin the IPO process this year, according to Reuters. The timing of a potential offering, the amount DeepSeek could seek to raise, and its target valuation have not been determined. DeepSeek and CITIC did not respond to requests for comment.
In China, firms pursuing a mainland listing are generally required to retain a securities company for pre-IPO tutoring before they can file an application, Reuters notes. The previously undisclosed arrangement with CITIC suggests DeepSeek is making concrete progress toward a public offering.
The IPO push comes as DeepSeek seeks capital to fund computing infrastructure, model development, and talent retention amid competition from rival Chinese and U.S. AI firms. A person familiar with the matter told Reuters that Liang Wenfeng sees the IPO as a way to build a compensation structure capable of holding onto the startup's most important engineers and researchers. The company has lost talent to rivals including ByteDance and Xiaomi.
According to Reuters, DeepSeek is currently raising a new funding round at a valuation of 500 billion yuan ($75 billion). In June, the startup closed a round of roughly $7.4 billion at a post-money valuation exceeding $50 billion, with Liang Wenfeng personally contributing 20 billion yuan. Tencent Holdings and battery company CATL contributed 10 billion yuan and 5 billion yuan, respectively, becoming the largest external shareholders, according to Reuters.
#deepseek #according #company
The Hangzhou-based AI startup aims to begin the IPO process this year, according to Reuters. The timing of a potential offering, the amount DeepSeek could seek to raise, and its target valuation have not been determined. DeepSeek and CITIC did not respond to requests for comment.
In China, firms pursuing a mainland listing are generally required to retain a securities company for pre-IPO tutoring before they can file an application, Reuters notes. The previously undisclosed arrangement with CITIC suggests DeepSeek is making concrete progress toward a public offering.
The IPO push comes as DeepSeek seeks capital to fund computing infrastructure, model development, and talent retention amid competition from rival Chinese and U.S. AI firms. A person familiar with the matter told Reuters that Liang Wenfeng sees the IPO as a way to build a compensation structure capable of holding onto the startup's most important engineers and researchers. The company has lost talent to rivals including ByteDance and Xiaomi.
According to Reuters, DeepSeek is currently raising a new funding round at a valuation of 500 billion yuan ($75 billion). In June, the startup closed a round of roughly $7.4 billion at a post-money valuation exceeding $50 billion, with Liang Wenfeng personally contributing 20 billion yuan. Tencent Holdings and battery company CATL contributed 10 billion yuan and 5 billion yuan, respectively, becoming the largest external shareholders, according to Reuters.
#deepseek #according #company
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
12 days ago
All summer, Stetson Bennett and Ty Simpson competed to be Matthew Stafford's backup under center. Bennett had the lead going into training camp and after playing well in practice and the preseason, he never let that lead go.
Sean McVay opted not to name a winner in that camp battle but on Thursday night, he was forced to make a decision. The Rams chose Bennett as their No. 2 quarterback, making Simpson a healthy scratch for the first game of the season.
McVay referred to Bennett and Simpson as 2A and 2B on the depth chart, despite listing Bennett as the No. 2 and Bennett third. It's no surprise that the Rams are going with Bennett behind Stafford, given his experience; this is his fourth year in the system.
Simpson played well in the preseason and training camp, making a strong case to win the backup job. However, Bennett is the safer choice because of how well he knows the offense. In the event that Stafford goes down, the Rams can feel confident that he'll operate the scheme and get the ball out on time to the proper receiver.
The Rams hope Bennett never has to see the field this season because if he does, it means Stafford got hurt. But for the time being, he's the No. 2 until Simpson overtakes him or something changes in the minds of the coaches.
#simpson #camp #lead #going
Sean McVay opted not to name a winner in that camp battle but on Thursday night, he was forced to make a decision. The Rams chose Bennett as their No. 2 quarterback, making Simpson a healthy scratch for the first game of the season.
McVay referred to Bennett and Simpson as 2A and 2B on the depth chart, despite listing Bennett as the No. 2 and Bennett third. It's no surprise that the Rams are going with Bennett behind Stafford, given his experience; this is his fourth year in the system.
Simpson played well in the preseason and training camp, making a strong case to win the backup job. However, Bennett is the safer choice because of how well he knows the offense. In the event that Stafford goes down, the Rams can feel confident that he'll operate the scheme and get the ball out on time to the proper receiver.
The Rams hope Bennett never has to see the field this season because if he does, it means Stafford got hurt. But for the time being, he's the No. 2 until Simpson overtakes him or something changes in the minds of the coaches.
#simpson #camp #lead #going
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
12 days ago
Saudi AI company Humain has begun preparations for its IPO, after its CEO Tareq Amin announced he was ***** embling a team of experts to help lay the groundwork for its listing.
While he did not specify a date, Amin told the Future Investment Initiative conference last October that his aim was to list Humain in both Saudi Arabia and New York by 2029.
Since its launch last year, Humain has secured deals and partnerships with xAI, Nvidia, Amazon Web Services, Adobe and Cisco, to name a few.
Those achievements have been underpinned by finance from Saudi Arabia's $900 billion Public Investment Fund which established Humain in May 2025 as the key engine for delivering its AI ambitions.
The pursuit of an IPO marks a notable shift for a company whose growth so far has largely been funded by state capital.
#initiative
While he did not specify a date, Amin told the Future Investment Initiative conference last October that his aim was to list Humain in both Saudi Arabia and New York by 2029.
Since its launch last year, Humain has secured deals and partnerships with xAI, Nvidia, Amazon Web Services, Adobe and Cisco, to name a few.
Those achievements have been underpinned by finance from Saudi Arabia's $900 billion Public Investment Fund which established Humain in May 2025 as the key engine for delivering its AI ambitions.
The pursuit of an IPO marks a notable shift for a company whose growth so far has largely been funded by state capital.
#initiative
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
14 days ago
Baidu announced on September 4 that its Hong Kong Class A shares are now included in both the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs, effective September 7.. The change gives eligible mainland investors direct access to the Hong Kong listing, potentially widening liquidity and the shareholder base. It does not alter the operating competition between Baidu, Inc. (NASDAQ:BIDU) and Alibaba Group Holding Limited (NYSE:BABA), which are pursuing AI through different mixes of models, cloud infrastructure, chips, and consumer distribution.
Baidu's bull case combines search traffic, its Ernie ecosystem, cloud services, and Kunlunxin chips. Stock Connect can make that story easier for mainland investors to own, while its dual-primary Hong Kong listing broadens access. The bear case is that improved trading access does not repair weak advertising, guarantee cloud share, or remove geopolitical and regulatory risk. The catalyst affects liquidity more directly than earnings.
Insider Monkey counted 49 hedge funds holding Baidu, Inc. (NASDAQ:BIDU) at June 30, down from 50 at March 31. David Tepper's Appaloosa Management disclosed 1,295,000 shares, 87% more than in Q1. That increase shows one manager's conviction, not a broad rise in fund participation.
Alibaba's June-quarter AI Cloud and Compute Services revenue reached $7.1 billion, up 45% year over year, while segment adjusted EBITA rose 133% to $830 million. Its bull case is a full stack spanning Qwen models, cloud, proprietary chips, and commerce distribution. The bear case is capital intensity, fierce domestic competition, exposure to consumer spending, and the possibility that fast AI growth remains too small to transform the larger group's valuation.
Ninety-seven hedge funds held Alibaba Group Holding Limited (NYSE:BABA) in Q2, down from 102 in Q1. Ken Fisher's Fisher **** et Management disclosed 5,096,418 shares after trimming the position by 0.5%.
#kong #holding
Baidu's bull case combines search traffic, its Ernie ecosystem, cloud services, and Kunlunxin chips. Stock Connect can make that story easier for mainland investors to own, while its dual-primary Hong Kong listing broadens access. The bear case is that improved trading access does not repair weak advertising, guarantee cloud share, or remove geopolitical and regulatory risk. The catalyst affects liquidity more directly than earnings.
Insider Monkey counted 49 hedge funds holding Baidu, Inc. (NASDAQ:BIDU) at June 30, down from 50 at March 31. David Tepper's Appaloosa Management disclosed 1,295,000 shares, 87% more than in Q1. That increase shows one manager's conviction, not a broad rise in fund participation.
Alibaba's June-quarter AI Cloud and Compute Services revenue reached $7.1 billion, up 45% year over year, while segment adjusted EBITA rose 133% to $830 million. Its bull case is a full stack spanning Qwen models, cloud, proprietary chips, and commerce distribution. The bear case is capital intensity, fierce domestic competition, exposure to consumer spending, and the possibility that fast AI growth remains too small to transform the larger group's valuation.
Ninety-seven hedge funds held Alibaba Group Holding Limited (NYSE:BABA) in Q2, down from 102 in Q1. Ken Fisher's Fisher **** et Management disclosed 5,096,418 shares after trimming the position by 0.5%.
#kong #holding
14 days ago
Taylor Swift brought some serious sparkle to her latest date night with Travis Kelce. The singer stepped out in New York City on September 6 alongside her husband, delivering an elegant evening look packed with luxe details. While her striped high-slit dress made a statement of its own, Swift's jewelry collection, including gorgeous earrings, took the look to an entirely different price bracket.
Taylor Swift accessorized with Mindi Mond's Imperial Citrine & Diamond Drop Earrings, which retail for a whopping $19,000. The striking earrings feature enormous cushion-cut citrine stones suspended beneath glittering round diamonds, bringing a rich golden-yellow pop of color to her look. According to the product listing, the earrings feature a total citrine weight of 31 carats alongside 1.20 carats of diamonds.
Swift let the statement jewels peek through her softly styled brown waves, which she wore down with her signature bangs. The warm tone of the citrine also complemented the earthy palette of her striped Stella silk blend McCartney halter-neck maxi dress without competing with it. Priced at $2,800, the dress made for a perfect date night look. It featured an asymmetric neckline and a high slit that flashed her leg as she walked.
In addition, the $19K earrings weren't the only major jewels involved. Swift also wore an Elizabeth Taylor Darlene De Sedle 22-karat gold, opal, and diamond bracelet and ring set. Most notably, her custom Kindred Lubeck of Artifex Fine Jewelry diamond engagement ring and wedding band were also on display.
She completed the outfit with metallic Twist 95 Sandals by Aquazzura and a Frayme Scale-Embossed Bucket Bag by Stella McCartney. These luxury accessories also came with a costly price tag. She walked hand-in-hand with her husband, who wore brown pants and a soft mint-green shirt.
#earrings #dress
Taylor Swift accessorized with Mindi Mond's Imperial Citrine & Diamond Drop Earrings, which retail for a whopping $19,000. The striking earrings feature enormous cushion-cut citrine stones suspended beneath glittering round diamonds, bringing a rich golden-yellow pop of color to her look. According to the product listing, the earrings feature a total citrine weight of 31 carats alongside 1.20 carats of diamonds.
Swift let the statement jewels peek through her softly styled brown waves, which she wore down with her signature bangs. The warm tone of the citrine also complemented the earthy palette of her striped Stella silk blend McCartney halter-neck maxi dress without competing with it. Priced at $2,800, the dress made for a perfect date night look. It featured an asymmetric neckline and a high slit that flashed her leg as she walked.
In addition, the $19K earrings weren't the only major jewels involved. Swift also wore an Elizabeth Taylor Darlene De Sedle 22-karat gold, opal, and diamond bracelet and ring set. Most notably, her custom Kindred Lubeck of Artifex Fine Jewelry diamond engagement ring and wedding band were also on display.
She completed the outfit with metallic Twist 95 Sandals by Aquazzura and a Frayme Scale-Embossed Bucket Bag by Stella McCartney. These luxury accessories also came with a costly price tag. She walked hand-in-hand with her husband, who wore brown pants and a soft mint-green shirt.
#earrings #dress
14 days ago
Reuters and Bloomberg reported that Blackstone Inc. (NYSE:BX) offered to sell up to 25% of India's Knowledge Realty Trust, a real estate investment trust it backs alongside local partner Sattva Group, in a deal that could raise as much as $1.25 billion to $1.3 billion.
The floor price of 108 rupees per unit represented a 4.7% discount to the prior close and a 13% discount to net ******* et value. The sale ran August 31 for institutional investors and September 1 for retail investors. Bloomberg later reported the offering was fully subscribed and upsized to raise about $1.3 billion, the largest share sale by a private shareholder in India via this method. Blackstone's stake will fall to about 21.5% from 46.5% if the oversubscription option is fully exercised, making Sattva Group the trust's largest shareholder at 32%. Knowledge Realty Trust owns 29 properties across six Indian cities and has gained roughly 10% since its August 2025 listing.
Strong investor demand validates the quality of the portfolio Blackstone built. The offering attracted enough demand to sell out and even allowed Blackstone to increase the size of the transaction. That strong response gives Blackstone confidence that institutional and retail investors want exposure to Knowledge Realty Trust and India's commercial real estate market.
The sale also lets Blackstone recycle capital after generating gains on its investment. Knowledge Realty Trust has gained about 10% since its August 2025 listing. Blackstone can now redeploy proceeds into new investments rather than keep as much capital concentrated in one real estate ******* et and market. The transaction shows Blackstone's ability to monetize mature investments and redeploy capital into new opportunities.
Blackstone Inc. (NYSE:BX) still retains exposure to Knowledge Realty Trust after the sale. Its remaining stake of about 21.5% gives the firm substantial economic exposure to the trust's future performance alongside Sattva Group, which holds about 32%. Blackstone can continue to participate in India's commercial real estate growth while securing a significant amount of liquidity from the partial exit.
#trust #real #sale
The floor price of 108 rupees per unit represented a 4.7% discount to the prior close and a 13% discount to net ******* et value. The sale ran August 31 for institutional investors and September 1 for retail investors. Bloomberg later reported the offering was fully subscribed and upsized to raise about $1.3 billion, the largest share sale by a private shareholder in India via this method. Blackstone's stake will fall to about 21.5% from 46.5% if the oversubscription option is fully exercised, making Sattva Group the trust's largest shareholder at 32%. Knowledge Realty Trust owns 29 properties across six Indian cities and has gained roughly 10% since its August 2025 listing.
Strong investor demand validates the quality of the portfolio Blackstone built. The offering attracted enough demand to sell out and even allowed Blackstone to increase the size of the transaction. That strong response gives Blackstone confidence that institutional and retail investors want exposure to Knowledge Realty Trust and India's commercial real estate market.
The sale also lets Blackstone recycle capital after generating gains on its investment. Knowledge Realty Trust has gained about 10% since its August 2025 listing. Blackstone can now redeploy proceeds into new investments rather than keep as much capital concentrated in one real estate ******* et and market. The transaction shows Blackstone's ability to monetize mature investments and redeploy capital into new opportunities.
Blackstone Inc. (NYSE:BX) still retains exposure to Knowledge Realty Trust after the sale. Its remaining stake of about 21.5% gives the firm substantial economic exposure to the trust's future performance alongside Sattva Group, which holds about 32%. Blackstone can continue to participate in India's commercial real estate growth while securing a significant amount of liquidity from the partial exit.
#trust #real #sale
