Anthropic (ANTH.PVT) isn’t even public yet, and people are already predicting it will beat out Elon Musk’s SpaceX (SPCX) for the largest IPO of the year. Prediction market odds show Anthropic quickly closing the gap with SpaceX for the largest IPO of 2026 as its revenue growth accelerates into a potential fourth quarter market debut,…
Munich, Germany-based Life Couriers, a provider of expedited and temperature-controlled logistics services with a core competence in the healthcare sector, has been acquired by private equity firm JLL Partners, the companies announced on Monday. Concurrently, Life Couriers named Edward DeMartini as CEO. DeMartini served until October as CEO of The Quick Group of Companies, a…
Nvidia (NVDA), OpenAI (OPAI.PVT) , and SB Energy are teaming up to build a massive 8-gigawatt data center facility in Ohio. Nvidia will provide upward of $105 billion in financing to secure the land, power, and shell for the site. Initial plans call for the facility to offer 4.25 gigawatts worth of computing capacity, with…
The PJM Interconnection set an all-time peak demand record on July 2 of this year, preliminarily estimated at more than 168,000 MW. That broke a mark that had stood since 2006. There were no rolling blackouts, and the commentary that followed carried a note of relief, even congratulation: the system held up. That is true….
After 42 drawings with no jackpot winner, the Powerball’s big prize stands at $905 million in annual payments or a lump sum cash payment of $391.9 million. The next drawing is set for tonight, Aug. 10. The odds of winning a lottery jackpot are slim — 1 in 292.2 million for Powerball, according to the…
SpaceX rivals Rocket Lab and AST SpaceMobile will both report earnings after the close on Monday. On Monday morning, Rocket Lab (RKLB) stock rose as much as 3% before paring gains, while AST SpaceMobile (ASTS) fell 2%, according to MarketSurge. Both stocks hit historic highs earlier in Q2, as the broader space industry experienced sectorwide excitement…
Tech stocks fell in early trading Monday, as Meta (META) CEO Mark Zuckerberg laid out his vision for the future of AI and Intel announced it will sell $15 billion in stock. In his manifesto, Zuckerberg emphasized building out AI for all. “Some argue that superintelligence itself or a small set of experts who control…
Gold (GC=F) December futures opened at $4,400 per troy ounce on Monday, August 10, 2026, flat compared to Friday’s closing price. As of 8:22 a.m. ET, the price of gold edged down to $4,391.50. Gold prices this morning opened at their highest level since early June following a disappointing employment report on Friday that prompted…
US stocks were muted to kick off a week of earnings and inflation data, with the major indexes within reach of all-time highs. The Dow Jones Industrial Average (^DJI) and S&P 500 (^GSPC) wavered near the flat line, while the tech-heavy Nasdaq Composite (^IXIC) slipped 0.3% after a winning week for the major indexes. Investors…
The difference between the current home equity loan rate and the average HELOC rate is 19 basis points, according to Curinos, a real estate data analytics company. Choosing the right loan option doesn’t come down to just rates. It’s how you plan to use your funds that will dictate the loan product that is best…
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