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AI giant Anthropic commits 5% of shares to ‘public benefit’ fund
Claude creator says fund could be used for donations to NGOs and 'direct distributions to specific populations'.
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Musk and Anthropic pledge public share giveaways
Musk's announcement comes after Anthropic pledged to create a public benefit fund ahead of its blockbuster stock market listing.
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China's CXMT shares fall nearly 8% as investors look past chipmaker's profit turnaround
CXMT shares fell nearly 8% on Monday after the company released its earnings forecast for the first nine months of 2026.
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Anthropic commits 5% of shares to new public benefit fund that could address AI job disruption
The Claude maker said that establishing the fund as an LLC will provide greater flexibility in how the money is used.
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Berkshire shares buck market sell-off, rally to highest since Buffett said he would step down as CEO
Berkshire Hathaway shares are at their highest level since Warren Buffett told shareholders at the May 2025 annual meeting he planned to step down as CEO at the end of that year.
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Banking tax raid fears hit London lenders' shares ahead of crucial budget
Shares in some U.K. banks fell Friday after reports that the government is considering a higher surcharge on bank profits in the Oct. 28 Budget.
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Hybe shares jump 10% as K-pop sensation BTS' tour lifts earnings hopes
BTS' world tour and rising global demand for newer K-pop acts are fueling earnings expectations, sending Hybe shares soaring.
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Nvidia, AMD, Dell sink in global tech rout on AI funding worries
A sell-off in global technology hardware stocks deepened Thursday.
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CoreWeave shares tumble as bond yields near 15% on concern about AI borrowing binge
Shares of CoreWeave sank 15%, while yields in its bonds blew out further.
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Meta shares rise for a second straight day as new AI model family impresses
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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Six Flags shares decline following deadly roller coaster incident
One person died and several others were injured in an incident involving the Goliath roller coaster at Six Flags Over Georgia, according to reports.
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Micron sinks, other memory-linked names dip for a second day
The sell-off in U.S. semiconductor shares spilled into Asian and European markets.
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Bumble bought for $1.3bn in 'bet on the future of humanity'
The dating app which recently ditched its "women-first" chat rule has been bought by an investment firm.
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UnitedHealth shares are doing something unusual ahead of earnings
The only thing more expensive than health insurance is perhaps the costs of insuring shares of health insurers
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Pepsi shares rallied despite cutting profit guidance. Where Cramer stands on the stock now
CNBC's Jim Cramer said improving sales growth and investments to revive demand are encouraging signs, though PepsiCo still faces significant challenges.
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Salesforce shares sit at the epicenter of AI confusion. Here's how to trade it
If ever there was a stock that personified the promise and peril of the AI trade, it's Salesforce.
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Berkshire buys more Lennar shares, but pace of purchases slows
Berkshire Hathaway added to its bet on Lennar this week, raising its stake in the homebuilder to 11.2%, although the pace of its buying appears to be slowing.
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Nike shares tumble after weak revenue outlook and layoff plans underway
Nike's shares dropped for a second straight day of declines after it reported falling revenue and plans to lay off staff.
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Mattel shares rise after reports of takeover interest from Authentic Brands Group
Shares of toymaker Mattel rose Thursday after the Wall Street Journal reported that Authentic Brands Group had expressed interest in buying the toymaker.
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Accenture stock rallies after earnings beat expectations
Shares of Accenture surged Thursday after the company's fiscal fourth-quarter results beat estimates.