Anthropic’s roadshow is selling the future of AI. Four centuries of hot IPOs say the first trade is rarely the best one. The AI lab is asking for as much as $1.4 trillion at the top of its $70-to-$78 range, counting every possible share. Trading could start as soon as next week. Rival OpenAI (OPAI.PRV) may

Breaking up with Nvidia (NVDA) is hard to do. After the stock dropped 25%, two of Wall Street’s biggest banks pulled it from their top-pick lists, and neither could bring itself to say “sell” — yet. Morgan Stanley’s version was the most polite: It’s not you, it’s our stop-loss policy. The bank removes any top

Costco Wholesale (NasdaqGS:COST) declared a special cash dividend of $30 per share on common stock. The retailer also reauthorized a $4b share repurchase program with an expiration date in January 2030. The one time $30 special dividend and long dated buyback plan matter, but they are only part of the Costco picture. Our analysis turns

The stock market has been in a rough patch lately, with major market indexes stumbling hard last week. The S&P 500(SNPINDEX:^GSPC), Dow Jones Industrial Average(DJINDICES:^DJI), and Nasdaq Composite (NASDAQINDEX:^IXIC)all fell sharply from their recent all-time highs, with the Nasdaq plunging into correction territory. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009,

Few events garner more attention on Wall Street than Berkshire Hathaway‘s (NYSE:BRKA)(NYSE:BRKB) earnings reports. This is especially true now that Warren Buffett has retired and his successor, Greg Abel, is overseeing the company’s day-to-day operations and its closely watched $359 billion investment portfolio. While the September-ended quarter was more or less business as usual for

Over 60 major US-listed companies have formally shut the door on having tokenized versions of their shares traded on OKXICE, a collaborative platform built by crypto exchange OKX and Intercontinental Exchange (NYSE:ICE), owner of the New York Stock Exchange. The platform promised around-the-clock access to digital tokens designed to track the value of 63 US