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AI companies are barreling toward huge Wall Street debuts. A look at the biggest players

Some of the leading artificial intelligence companies are moving toward initial public offerings this year at eye-popping valuations. From Anthropic to SpaceX to OpenAI, tech giants are looking to take their shares public to access more capital in the race to shape the technology's ...
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Asian shares retreat as US stocks halt their record-breaking rally, while oil prices fall back

Asian shares retreated on Thursday following declines on Wall Street that snapped a nine-day winning streak for the S&P 500. Oil prices fell back after surging Wednesday as renewed fighting threatened the U.S.-Iran ceasefire. Early Thursday in Asia, Brent crude was $1.17 lower at $96.64 per ...
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One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come ...
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SpaceX’s IPO is set to be the biggest ever and could make Elon Musk a trillionaire

NEW YORK (AP) - SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world's first trillionaire. The company, formally ...
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New York City’s 9/11 memorial fundraises to educate youth with $25 million match from Mike Bloomberg

NEW YORK (AP) - The 9/11 Memorial and Museum has launched a $75 million fundraising campaign as the nonprofit tries to educate the millions of U.S. youth who don't remember the terror attacks on their upcoming 25th anniversary. Boosting The Never Forget Fund's latest appeal, ...
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US retailers brace for bigger consumer stress test as war drags on

By Juveria Tabassum, Neil J Kanatt and Akriti Shah June 3 (Reuters) - With the Iran war stretching into its fourth month, U.S. retail companies that have so far banked on a resilient consumer could face a tougher road ahead as rising gas prices and ...
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ECB to ask banks for targeted measures to counter AI risk

FRANKFURT, June 3 (Reuters) - The European Central Bank met commercial lenders last week to discuss the potential threat from the newest artificial intelligence models and will follow up with demands for practical defence measures, board member Frank Elderson said. Rapidly advances in AI technology ...
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Analysis-High-profile Meta AI chatbot breach spotlights security risks of automation

By Deborah Mary Sophia and Jaspreet Singh June 3 (Reuters) - An Instagram hack that saw attackers talk Meta's AI support chatbot into handing over access to high-profile accounts has exposed a critical flaw at the heart of the company's push to automate sensitive user ...
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Analysis-AI building boom ripples through inflation-hit Treasury market

By Karen Brettell June 3 (Reuters) - The artificial-intelligence boom already has fueled a record stock-market surge. Now it's driving up long-term Treasury yields too. Meta Platforms, Oracle and other technology companies have raised $250 billion in debt markets globally this year, according to Morgan Stanley, ...
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When IPOs go wrong: SpaceX, AI firms face a delicate process

By Greg Bensinger SAN FRANCISCO, June 3 (Reuters) - Beware the ghosts of IPOs past. SpaceX and Anthropic are preparing for what may be the biggest public-market launches in U.S. history, with OpenAI rumored to be close behind. That will put the companies' chiefs in the ...
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Analysis-Guilty verdict against Andrew Left to shake up activist short-selling playbook

By Saqib Iqbal Ahmed and Michelle Price NEW YORK, June 3 (Reuters) - A U.S. jury's fraud conviction of prominent investor Andrew Left this week could rewrite the playbook for activist short sellers, raising fresh questions about the line between legitimate market activism and stock ...
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Analysis-US tech stocks’ market dominance reaches new heights and presents new risks

By Lewis Krauskopf NEW YORK, June 3 (Reuters) - The charge higher in U.S. technology stocks has made broader indexes as reliant as ever on the group - and more vulnerable should those market leaders trip up. With stunning gains over the past two months, the ...
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