Amazon

Anthropic Expects to Match or Beat SpaceX's Record IPO, Bloomberg Reports

$AMZN$SPCX

Market Chatter: Anthropic Plans to Alter Data Retention Rules for Advanced AI Models

Amazon.com-backed (AMZN) Anthropic plans to let business customers retain data on their own cloud computing infrastructure when using its most capable AI models as part of a new safety system rollout later this year, Bloomberg reported Thursday, citing a person familiar with the matter.The enterprise customers will still have to retain the data for 30 days, but they are no longer required to do so on Anthropic's cloud computing infrastructure, the report said.Anthropic didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $260.70, Change: $-5.14, Percent Change: -1.93%

Anthropic Plans to Alter Data Retention Rules for Advanced AI Models, Bloomberg Reports

US Markets28d ago

Alibaba First-Quarter Earnings Fall Short Amid AI Infrastructure Investment

Alibaba's (BABA) fiscal first-quarter earnings missed expectations even as revenue edged past Wall Street's views, while the Chinese e-commerce giant continued to spend heavily to build artificial intelligence infrastructure.The company reported non-GAAP earnings per American depositary share of 8.52 Chinese renminbi ($1.27) for the June quarter, compared with 14.75 renminbi a year earlier. That's weaker than the FactSet-polled consensus of 10.14 renminbi. Revenue grew 9% to 268.95 billion renminbi, while analysts expected 268.48 billion renminbi.Capital expenditures surged 75% to 67.68 billion renminbi, partly reflecting higher prices of chip components, the company said."The significant year-over-year increase was due to several reasons, including fluctuations in procurement cycles, increase in (central processing unit) compute capacity driven by anticipated growing customer adoption of AI agents, and higher pricing of a broad range of chip components," the company said in a statement.Alibaba's New York Stock Exchange-listed shares were down 1.2% in Thursday trade.The company booked a cash burn of 44.67 billion renminbi for the quarter, compared with an outflow of 18.82 billion renminbi in the same year-earlier period.Last month, Amazon.com (AMZN) reported second-quarter results that topped Wall Street's views amid cloud-computing business strength, while the US e-commerce giant lifted its capex guidance.First-quarter revenue from Alibaba's e-commerce group rose 4% to 205.86 billion renminbi, while AI cloud and computer services revenue surged 45% to 48.44 billion renminbi.Last month, Morgan Stanley expected Alibaba's first-quarter cloud revenue growth to accelerate to 45% year over year, with momentum seen improving in the coming quarters."Compute demand will continue to outstrip supply," Alibaba Chief Executive Eddie Wu said during an earnings call, according to a FactSet transcript. "As we continue to ramp up our supply, our AI and cloud revenue growth will accelerate further in the coming quarters alongside continued improvement in profitability."Price: $126.80, Change: $-2.11, Percent Change: -1.63%

$AMZN$BABA

Marvell Technology Likely to Post Slight Q2 Beat, RBC Says

Marvell Technology (MRVL) is expected to deliver a fiscal Q2 beat and raise its Q3 guidance, RBC Capital Markets said in a note Wednesday. The Q2 results are due Aug. 27."We are looking for a slight beat and 2-4% raise, driven primarily by Optical," the report said, adding that Custom XPU trends also appear solid although tight wafer supply could limit near-term upside.The note said Marvell has room to raise its fiscal 2028 revenue forecasts by about 5%, driven by continued strength in its Optical business and Amazon (AMZN) deals.The report also said recent supply agreement with Alphabet's (GOOG) Google is a "significant" positive because it has a total addressable market of over $80 billion, outweighing lingering share shift concerns at Amazon."We believe premium valuation is justified," the note said, pointing to custom XPU wins at three US hyperscalers, optical connectivity leadership, and greenfield pipeline opportunities.RBC kept its outperform rating and a $360 price target.Price: $243.50, Change: $+6.22, Percent Change: +2.62%

$AMZN$GOOG$MRVL

Market Chatter: Anthropic Joint Venture Buys AI Consultant Casper Studios

Ode, the joint venture created by Amazon-backed (AMZN) Anthropic and Wall Street firms like Blackstone (BX) is buying AI consultancy Casper Studios, its first acquisition since its July launch, The Information reported Thursday, citing an interview with Ode Chief Executive Chris Taylor.Ode didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $262.99, Change: $-2.85, Percent Change: -1.07%

$AMZN$BX

Anthropic Joint Venture Buys AI Consultant Casper Studios, The Information Reports

$AMZN$BX

Wire29d ago

Market Chatter: AI Firms Still Waiting for Details on New AI Framework From White House

The White House has yet to share details on its new AI framework, leaving tech companies uncertain on how the government plans to handle the release of AI frontier models, The Information reported Wednesday, citing sources familiar with the matter.After meeting with companies such as OpenAI, Anthropic, and Google in an early August briefing, the Office of the National Cyber Director has not given more clarity on the framework, nor has it given details on a potential public AI event related to the framework, three of the sources told the media outlet.Tech companies are hoping the framework will give clear information on how frontier models are defined and open models are exempted, according to the report.Google, OpenAI, and Anthropic did not immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $482.16, Change: $+0.52, Percent Change: +0.11%

$AMZN$GOOG$GOOGL$MSFT

Wire30d ago

Market Chatter: Anthropic Credit Facility Set to Top $10 Billion Target Ahead of IPO

Amazon.com-backed (AMZN) Anthropic's revolving credit facility is close to surpassing its $10 billion target as the AI company prepares for its initial public offering, Bloomberg reported Tuesday, citing people familiar with the matter.Anthropic's proposed expansion of its revolver is drawing banks seeking to boost their odds for roles in the IPO, the report said. Talks are ongoing, and the company may opt to limit the size of the revolver to the target or below, the report said.Anthropic didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $260.43, Change: $-0.88, Percent Change: -0.34%

Sectors30d ago

Sector Update: Tech Stocks Fall in Afternoon Trading

Tech stocks were lower Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 2.5% and the State Street SPDR S&P Semiconductor ETF (XSD) dropping nearly 6%.The Philadelphia Semiconductor index fell 5.4%.In corporate news, Alphabet's (GOOGL) Google has informed suppliers it plans to have its Pixel smartphones, watches and Bluetooth earbuds made outside of China starting next year, Nikkei Asia reported. The move comes amid continuing tension between the US and China, the report said. Alphabet shares were down 0.2%.Baidu (BIDU) reported lower-than-expected Q2 results on Tuesday amid weakness in its online marketing business, even though it recorded double-digit growth in its core AI-powered operations. Its shares dropped nearly 13%.Amazon-backed (AMZN) Anthropic saw its annual revenue run rate rise above $65 billion by the end of July, Reuters reported. The figure represents a sharp rise from about $47 billion in May and from roughly $9 billion at year-end 2025, Reuters said. Amazon shares were down 0.2%.Alibaba (BABA) has reached a deal to sell Lingxi Games for at least $1.5 billion to Trustar Capital, a private equity fund affiliated with China International Trust and Investment, Nikkei Asia reported, citing Bloomberg. Alibaba shares rose 2.4%.

$AMZN$BABA$BIDU$GOOGL

Wire30d ago

Anthropic Credit Facility Set to Top $10 Billion Target Ahead of IPO, Bloomberg Reports

Amazon.com (AMZN)Price: $261.35, Change: $+0.04, Percent Change: +0.02%

Asia Markets31d ago

Update: US Equity Indexes Slide After Trump's Threats to Bomb Oman Lifts Crude Oil, 30-Year Treasury Yield Touches 19-Year High

(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first paragraph.)US equity indexes fell after President Donald Trump warned of attacks against Oman on the day a deadline to reach a permanent peace deal with Iran expired, and as the 30-year US government bond yield jumped to the highest in more than 19 years.The Nasdaq Composite slipped 0.3% to 26,644.91, the S&P 500 declined 0.5% to 7,745.06, and the Dow Jones Industrial Average slid 0.5% to 53,459.78 on Monday. All sectors except energy retreated, led by declines in communication services, consumer staples, financials and consumer discretionary. Technology was one of the outperformers.Monday marks 60 days since the US and Iran signed a memorandum of understanding that called for a wider peace deal to be negotiated within that timeframe, CBS NEWS reported. On the same day, Trump threatened to bomb Oman if the country "gets in the way" of US efforts to reopen the Strait of Hormuz and end the war with Iran, CBS cited Fox News.Earlier, Iran's Foreign Ministry spokesman said Tehran had reached an agreement with Oman regarding future shipping routes in the strait, according to the CBS report. That being said, Iran has decided to shift its policy from defensive to "fully offensive" due to the deadlock in efforts to secure a permanent end to its war with the United States, a senior Iranian official told Reuters on Monday.Brigadier General Yadollah Javani, head of the political bureau of the Islamic Revolutionary Guard Corps, told state television on Sunday night that his forces were ready to take whatever action is needed to defend the country, according to a report from Al Jazeera, a Middle Eastern broadcaster.Crude oil futures jumped, with the front-month US West Texas Intermediate contract up 3% to $84.90 per barrel and global benchmark North Sea Brent rising 2.8% to $91.02 per barrel.Most US Treasury yields rose, with the 30-year surging 4.3 basis points to 5.31%, the highest since 2002. The 10-year yield climbed 2.8 basis points to 4.72%, and the two-year climbed 1.3 basis points to 4.18%.Gold futures advanced 0.8% to $4,472.1, and silver futures jumped 1.2% to $65.92.While equity indices are trading close to all-time highs, there is evidence that "challenging" August crosswinds are playing out in bond markets, according to a note from Deutsche Bank. "Expectations for an imminent Fed rate hike have been pulled back, but this has been accompanied by a significant US curve steepening, with the backdrop of higher oil prices, elevated fiscal deficits, and demand for capital from the AI investment boom putting upward pressure on yields."In economic news, the National Association of Home Builders' monthly housing market index rose to 35 in August from 34 in July, compared with expectations for a decline to 33 in a Bloomberg-compiled poll. The index was above 32 a year earlier.The New York Federal Reserve's Empire State manufacturing index rose to 20.6 in August from 15.6 in July, compared with an expected decrease to 10.0 in a Bloomberg-compiled survey. The Empire State index is the first manufacturing sector reading for August and suggests expansion is picking up pace.In company news, Amazon-backed (AMZN) Anthropic informed potential investors that Q2 revenue increased at least 14-fold from a year earlier to over $11.5 billion, Bloomberg News reported Monday, citing documents.Among companies with market capitalizations exceeding $200 billion each, eight of the top 10 by Monday's returns were in the technology sector, according to data compiled by Finviz. Of those eight firms, five were related to the semiconductor industry. Sandisk (SNDK) led the pack, with an 8.9% gain.

Japan31d ago

Update: US Equity Indexes Decline, Crude Oil Jumps After Trump Threatens to Bomb Oman

(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first paragraph.)US equity indexes fell as crude oil prices jumped after President Donald Trump threatened to attack Oman while a deadline to reach a permanent peace deal with Iran expired.The Nasdaq Composite fell 0.2% to 26,666.1, the S&P 500 declined 0.4% to 7,752.2, and the Dow Jones Industrial Average slid 0.5% to 53,488.6. All sectors except energy retreated, led by declines in communication services, consumer staples and consumer discretionary.Monday marks 60 days since the US and Iran signed a memorandum of understanding that called for a wider peace deal to be negotiated within that timeframe, CBS NEWS reported. On the same day, Trump threatened to bomb Oman if the country "gets in the way" of US efforts to reopen the Strait of Hormuz and end the war with Iran, CBS cited Fox News.Earlier, Iran's Foreign Ministry spokesman said Tehran had reached an agreement with Oman regarding future shipping routes in the strait, according to the CBS report. That being said, Iran has decided to shift its policy from defensive to "fully offensive" due to the deadlock in efforts to secure a permanent end to its war with the United States, a senior Iranian official told Reuters on Monday.Brigadier General Yadollah Javani, head of the political bureau of the Islamic Revolutionary Guard Corps, told state television on Sunday night that his forces were ready to take whatever action is needed to defend the country, according to a report from Al Jazeera, a Middle Eastern broadcaster.The front-month US West Texas Intermediate crude oil contract jumped 2.3% to $84.31 per barrel, and global benchmark North Sea Brent advanced 2.4% to $90.66 per barrel.Meanwhile, Amazon-backed (AMZN) Anthropic informed potential investors that Q2 revenue increased at least 14-fold from a year earlier to over $11.5 billion, Bloomberg News reported Monday, citing documents.Among companies with market capitalizations exceeding $200 billion each, eight of the top 10 by intraday returns were in the technology sector, according to data compiled by Finviz. Of those eight firms, six were related to the semiconductor industry. Sandisk (SNDK) led the pack, with a 7.4% gain.

Sectors31d ago

Sector Update: Tech Stocks Rise Monday Afternoon

Tech stocks were higher Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 0.3% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 1.5%.The Philadelphia Semiconductor index climbed up 2.1%.In corporate news, Intel (INTC) and Goldman Sachs (GS) are among the investors in AI video generation platform Higgsfield's recent $400 million funding round, pushing its valuation to $5.40 billion, the Financial Times reported. Intel shares climbed 1.7%.Nvidia (NVDA) said Monday it is investing $1.5 billion in SB Energy to support its growth as an AI infrastructure developer. Nvidia shares were up 0.4%.Amazon-backed (AMZN) Anthropic told potential investors that its Q2 revenue jumped at least 14-fold from the year prior to over $11.5 billion, Bloomberg reported, citing internal documents it viewed. Amazon shares were down 1.4%.Alibaba's (BABA) Qwen AI models have exceeded 3 billion in downloads globally over the last six months, topping that of Meta (META) and Alphabet's (GOOGL) Google, Bloomberg reported, citing data from open source AI platform Hugging Face. Alibaba shares were up 0.2%.

$AMZN$BABA$INTC$NVDA

Asia Markets31d ago

Update: US Equity Indexes Mixed as Tech Gains Lift Nasdaq, Trump Threatens to Bomb Oman as Iran Peace Deal Deadline Expires

(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first paragraph.)US equity indexes traded mixed, as speculation about Anthropic's Q2 sales propped up technology and President Donald Trump warned Oman of attacks on the day a deadline to reach a permanent peace deal with Iran expired.The Nasdaq Composite was little changed at 26,718.2 after midday Monday. The S&P 500 slipped 0.2% to 7,770.7, and the Dow Jones Industrial Average declined 0.4% to 53,545.8.Amazon-backed (AMZN) Anthropic informed potential investors that Q2 revenue increased at least 14-fold from a year earlier to over $11.5 billion, Bloomberg News reported Monday, citing documents.Among companies with market capitalizations exceeding $200 billion each, seven of the top 10 by intraday returns were in the technology sector, according to data compiled by Finviz. Of those seven firms, five were related to the semiconductor industry. Sandisk (SNDK) led the pack, with a 9.1% gain.Monday marks 60 days since the US and Iran signed a memorandum of understanding that called for a wider peace deal to be negotiated within that timeframe, CBS NEWS reported. On the same day, Trump threatened to bomb Oman if the country "gets in the way" of US efforts to reopen the Strait of Hormuz and end the war with Iran, CBS cited Fox News.Earlier, Iran's Foreign Ministry spokesman said Tehran had reached an agreement with Oman regarding future shipping routes in the strait, according to the CBS report. That being said, Iran has decided to shift its policy from defensive to "fully offensive" due to the deadlock in efforts to agree a permanent end to its war with the United States, a senior Iranian official told Reuters on Monday.The front-month US West Texas Intermediate crude oil contract rose 0.1% to $82.51 per barrel, and global benchmark North Sea Brent edged up 0.4% to $88.86 per barrel.The National Association of Home Builders' monthly housing market index rose to 35 in August from 34 in July, compared with expectations for a decline to 33 in a Bloomberg-compiled poll. The index was above 32 a year earlier.The New York Federal Reserve's Empire State manufacturing index rose to 20.6 in August from 15.6 in July, compared with an expected decrease to 10.0 in a Bloomberg-compiled survey. The Empire State index is the first manufacturing sector reading for August and suggests expansion is picking up pace.US Treasury yields traded mixed, with the 10-year yield up a basis point to 4.71% while the two-year slipped one basis point to 4.17%.Gold futures advanced 1% to $4,481.2, and silver futures jumped 2.1% to $66.51.

Japan31d ago

Update: US Equity Indexes Mixed as Tech Gains Lift Nasdaq, Trump Threatens to Bomb Oman as Iran Peace Deal Deadline Expires