Finance
Leaked Anthropic Filing Shows $42 Billion Net Loss for 2025, Including a $34 Billion Non-Cash Charge, and $518 Billion in Compute Commitments
The draft prospectus, which Reuters reviewed, shows revenue up 12-fold to about $4.6 billion, an operating loss of about $8 billion, and a warning that advanced AI could pose "catastrophic or existential risks to humanity." Reuters separately reported that the company expects a valuation above $2 trillion.
Bitget Puts Losses From Sept. 24 Hack at About $387.5 Million, the Largest Crypto Theft Reported So Far in 2026
The exchange says attackers broke into a backend wallet system and tricked its own approval process into sending funds out, and it says its protection fund will cover customer balances as withdrawals restart in stages starting Sept. 28.
Akamai Signs $11.6 Billion, Seven-Year Computing Deal With Anthropic and Issues Warrant for Up to About 5% of Its Stock
Akamai says Anthropic can add up to $9 billion more, which would bring the total to about $20 billion. Akamai expects to spend about $5.5 billion on equipment for the deal. Its shares rose sharply after the announcement and then gave back part of the gain.
MGM Resorts Discusses a Bid for Barry Diller's People Inc., WSJ Reports, a Day After People Dropped Its $48.30-a-Share Offer for MGM
People Inc., the publisher of Food & Wine and Southern Living, saw its shares rise more than 11% on Friday after the report. MGM shares fell almost 3%, following an 11% drop the day before.
University of Michigan Consumer Sentiment Index Finalized at 48.1 for September, Down From 51.7; Year-Ahead Inflation Expectations Rise to 4.6%
The final September reading was the lowest in four months and a bit above the preliminary 47.8. Survey director Joanne Hsu tied the drop to high prices, fuel costs and renewed trade disputes.
Costco Reports Fiscal Q4 Revenue of $95.7 Billion and $6.75 EPS, Including 15 Cents From Tariff Refunds
The warehouse retailer beat analyst estimates on sales and profit. Part of the profit came from a one-time refund of tariffs that the Supreme Court struck down, and a pending lawsuit says shoppers should get that money.
New Home Sales Rose 6.4% in August to a 684,000 Annual Rate, the Highest Since December 2025 and Above Forecasts
The Census Bureau's estimate was 2.0% below August 2025. The monthly gain fell within the survey's margin of error. Builders cut prices while 30-year mortgage rates averaged 6.95%.
Alphabet, Oracle and Amazon Shares Fall on Sept. 23 as 10-Year Treasury Yield Reaches Highest Level Since 2007
U.S. stocks closed lower Wednesday. Alphabet fell 3.8%, Oracle 3.1% and Amazon 2.2%, while the 10-year Treasury yield rose about 12 basis points to roughly 5.1%. Market reports named the heavy borrowing by AI companies as one pressure alongside strong economic data, a weak Treasury auction and oil-driven inflation worries.
Fed Governor Barr Says More Rate Hikes Are 'Likely' Needed, a Week After the Fed's First Increase Since 2023
In a housing speech in Chicago on Sept. 23, Barr said his 'base case' calls for 'further policy adjustments.' The same day, the 10-year Treasury yield hit its highest level since 2007, as oil prices and strong business surveys also pushed rates up.
WSP Global Drops Its Pursuit of Arcadis After the Dutch Firm's Boards Rejected Two Offers, the Latest at €51.50 a Share
The Canadian engineering firm said it could not get Arcadis to negotiate. Arcadis said both offers undervalued the company, and its shares fell 7% after WSP pulled out.
AMD Closes Above $1 Trillion in Market Value for the First Time as Chip Stocks Rally on Sept. 21
Advanced Micro Devices rose about 10% on Monday, Sept. 21, 2026, as Intel gained roughly 12% and Arm Holdings about 17%, lifting the Nasdaq 100 to its first record close since June; the next session's chip moves were far smaller.
Priority Technology Agrees to CEO-Led Take-Private Deal at $8.05 a Share, an Enterprise Value of About $1.6 Billion
An investor group led by Chairman and CEO Thomas Priore will buy the shares it does not already own for $8.05 each in cash, after a special committee of independent directors negotiated the price up from an initial $6.00–$6.15 offer.