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Investing.com9d agoneutral
Britain spent $40 million on SpaceX satellite services

Investing.com -- Britain has spent nearly $40 million on SpaceX satellite services, making it the first country outside the United States to publicly confirm its use of Starshield, the company's military and intelligence communications service, Reuters reported on Thursday.

SpaceX Shares to Get a Boost If Nasdaq 100 Increases Weighting
Bloomberg10d agoneutralVIDEO
SpaceX Shares to Get a Boost If Nasdaq 100 Increases Weighting

Bloomberg's Carmen Reinicke said that thousands of SpaceX shares are set to come back into the market as the Nasdaq 100 index goes through rebalancing and the space company sees more stock lockup expirations. Reinicke called the potential for stock movement 'really substantial' and said that SpaceX's weight in the Nasdaq 100 will only continue to rise until all available shares are bought.

What to Know About Anthropic’s Planned IPO
The Wall Street Journal10d agoneutral
What to Know About Anthropic’s Planned IPO

Wall Street’s marquee event this fall is expected to be Anthropic’s initial public offering. It could raise up to $100 billion and value the artificial-intelligence giant at around $2 trillion, The Wall Street Journal has reported. Anthropic confidentially filed its IPO paperwork with the Securities and Exchange Commission in June.

Can Robinhood compete with banks after underwriting Oura's IPO?
Yahoo Finance Video11d agoneutralVIDEO
Can Robinhood compete with banks after underwriting Oura's IPO?

Great Hill Capital Chairman and Managing Member Thomas Hayes and AllSource Investment Management founder and Managing Partner Patrick Kennedy join Yahoo Finance Executive Editor Brian Sozzi to discuss Robinhood (HOOD) serving as the underwriter for Oura ahead of its IPO and whether the platform is accumulating a reputation as a bank.

Anthropic delays IPO to October: What that could mean for the AI player
Yahoo Finance Video11d agoneutralVIDEO
Anthropic delays IPO to October: What that could mean for the AI player

Anthropic (ANTH.PVT) may be shifting its IPO launch date to mid-October, according to Reuters. Morning Brief Host Julie Hyman is joined by Yahoo Finance Breaking Business News Reporter Jake Conley and TMX Wall Street Horizon head of corporate event research Christine Short to discuss how the private AI developer now finds its IPO stuck between a rock and a hard place: a public offering in September — a time usually tough for markets — or October, right before the US midterm elections.

Anthropic Finalizing $15 Billion Pre-IPO Credit Facility
Bloomberg15d agoneutralVIDEO
Anthropic Finalizing $15 Billion Pre-IPO Credit Facility

Anthropic PBC is set to finalize an expansion of its revolving credit facility to $15 billion, according to people familiar with the matter, clearing a hurdle before the artificial intelligence firm's public filing for its highly anticipated IPO. Morgan Stanley is leading the process, the people said. Goldman Sachs Group Inc. and JPMorgan Chase & Co. also have prominent roles on the facility, along with Citigroup Inc., they said. The four lenders are also leading the IPO, Bloomberg News has reported. The Claude chatbot maker is seeking to raise as much as SpaceX or more in the initial public offering, people familiar with the preparations have said. Companies typically finalize the revolver before they notify banks of their formal roles in a listing. For more, we speak with Bailey Lipschultz, Senior Equities Reporter for Bloomberg News.