Anthropic's IPO Valuation Tied to 2028 Revenue Forecast of $190B - $200B: Reuters

Seeking AlphaAug 15 23:18

Stanley Druckenmiller Bets Big on AMZN, AMD — Dumps AVGO, INTC and MU in Q2

Stanley Druckenmiller's Duquesne Family Office reshuffled its portfolio in the second quarter, boosting exposure to Amazon.com, Inc. (NASDAQ:AMZN), Advanced Micro Devices, Inc. (NASDAQ:AMD),

BenzingaAug 15 16:44

Anthropic's second-quarter revenue surpassed $11.5 billion, surging more than 14-fold year-on-year.

According to a document, Anthropic PBC, the developer of the AI chatbot Claude, has disclosed to potential investors that its second-quarter revenue increased by at least 14 times year-on-year.

Zhitong FinanceAug 15 16:19

U.S. Market Close | Trump threatens to declare the Strait of Hormuz as U.S. territory; three major indices close slightly lower. Optical communication stocks strengthen: AAOI surges 15%, Lumentum rises over 5%; drone stock UMAC jumps 25%.

The Dow Jones Industrial Average fell 0.2%, the S&P 500 Index declined 0.17%, and the Nasdaq Composite dropped 0.28%. Most large-cap technology stocks retreated, with the Mag 7 Index down 0.17% and Amazon falling nearly 1%. SpaceX shares also dipped by close to 1%. In contrast, memory chip stocks broadly rose against the trend: SanDisk surged 7.39%, bringing its weekly gain to 35.38%; AMD advanced 6.50%; and NEBIUS climbed 8.88%. Meanwhile, Applied Materials and Broadcom each fell more than 5%.

wallstreetcnAug 15 07:08

Top 20 by Trading Volume | SanDisk rises another 7%, surging over 35% this week; Google Class A shares become Berkshire Hathaway’s fourth-largest holding; AI financing concerns intensify, Broadcom plunges nearly 6%; Reddit to be included in the S&P 500 In

SanDisk, the top stock by trading volume, closed up 7.39% with $33.63 billion in turnover. In the previous trading session, SanDisk announced a series of financial targets for fiscal years 2028 to 2030, including maintaining mid-to-high double-digit revenue growth during this period. SanDisk has continued its upward momentum, rising more than 35% cumulatively this week.

Futu NewsAug 15 06:18

RBC Capital Maintains Outperform on Okta, Raises Price Target to $166

RBC Capital analyst Matthew Hedberg maintains Okta (NASDAQ:OKTA) with a Outperform and raises the price target from $145 to $166.

BenzingaAug 14 22:03