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Anthropic Files for IPO, Plans to Trade on Nasdaq

3 days 8 hours ago
Anthropic PBC has filed its long-awaited IPO and is expected to begin trading on the on the Nasdaq Global Select Market under the symbol ANT. A filing with the Securities and Exchange Commission shows Goldman Sachs and Morgan Stanley lead the IPO. "Bloomberg Open Interest" has more. (Source: Bloomberg)

Stocks Undercut by Oil Prices and Continued AI Anxiety

3 days 8 hours ago
The S&P 500 Index ($SPX ) (SPY ) fell by -0.52% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) fell by -1.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) was unchanged. December E-mini S&P futures (ESZ26 ) fell -0.48%, while December E-mini Nasdaq futures (NQZ26...

Wheat Bulls Fail to Find Footing on Friday

3 days 8 hours ago
The wheat complex faded lower into the weekend across most contracts. Chicago SRW contracts were mostly fractionally to 2 ¾ cents lower. December was up a tick, but still fell 35 ½ cents this week. KC HRW futures posted losses of 1 ¼ to 3 ¾ cents on Friday, with...

Stocks Undercut by Oil Prices and Continued AI Anxiety

3 days 8 hours ago
The S&P 500 Index ($SPX ) (SPY ) fell by -0.52% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) fell by -1.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) was unchanged. December E-mini S&P futures (ESZ26 ) fell -0.48%, while December E-mini Nasdaq futures (NQZ26...

Can AI help solve the COBOL code crisis?

3 days 8 hours ago
What do the IRS, banks, airlines, and government infrastructure around the world have in common? They're all running on systems propped up by antique computer code that nobody dares touch, lest everything come crashing down. OpenAI thinks it may have a solution. On October 19th, the company touted "substantial improvements" in its latest AI models' […]