Anthropic has disabled its newly launched Fable 5 and Mythos 5 AI models for all customers following a directive from the US Commerce Department regarding export controls.
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Adobe's stock experienced a post-market decline as the departure of its CFO overshadowed strong second-quarter financial results and an optimistic fiscal year 2026 outlook.
Mortgage rates dropped to their lowest levels in a week following news of a potential ceasefire, causing markets to react swiftly.
Global stock markets experienced a significant rally following President Donald Trump's announcement that planned strikes against Iran were called off and a peace deal is imminent.
An estimated 4,000 SpaceX employees, from engineers to cafeteria staff, are projected to become millionaires following the company's upcoming IPO on Nasdaq, which is set to be the largest in history.
Anthropic is making its AI safeguards visible after backlash from the AI research community regarding a policy that would have secretly degraded model performance for developers.
U.S. consumer prices rose 4.2% annually in May, prompting President Trump to express "love" for the inflation figure while predicting a price drop post-Iran conflict. Oil futures climbed as tensions in the Strait of Hormuz escalated.
The Nasdaq Composite experienced a sharp midday decline, shedding nearly $1 trillion in tech stocks before recovering significantly by the market close. Investors rotated into consumer staples and home improvement sectors.
U.S. stock futures declined early Wednesday following U.S. "self-defense strikes" against Iran, in retaliation for a downed helicopter. Asian markets also opened lower.
SpaceX is poised for its public debut, aiming to raise $75 billion at a $1.75 trillion valuation, making it the largest IPO on record. The company has set its listing price at $135 per share.