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Anthropic IPO targets $1.02 trillion valuation amid AI cost fears
Josh Schafer warns retail investors against buying the Anthropic IPO at its debut. Schafer highlights historical trends of large tech listings dropping 50% in their first year and notes intense competition from OpenAI. Anthropic,…
Nvidia board investigates Jensen Huang’s ties to alleged Chinese spy
Dan Hoffman joins Dagen McDowell to discuss the national security implications of Nvidia CEO Jensen Huang's relationship with a suspected Chinese spy, Alice Wong. Hoffman warns of China targeting advanced artificial intelligence.…
Nasdaq rises as AI and chip stocks recover after post-midterm sell-off
BEP Research founder Ben Pouladian analyzes the technology stock selloff and concerns surrounding artificial intelligence infrastructure on ‘Making Money.’ The Nasdaq Composite climbed on Friday after a sell-off hit artificial…
Fox Corp completes acquisition of Roku
Guggenheim Securities software equity research analyst John DiFucci discusses his market picks and recent activity on Wall Street on 'Making Money.' Fox Corp. announced on Friday that it completed its acquisition of Roku to expand…
AMC Entertainment declares full recovery with record $1.7B revenue
Kenny Polcari discusses the historical S&P 500 performance following midterm elections. He predicts the stock market will be higher in 12 months, continuing a trend seen in every midterm cycle since World War II. AMC…
Tesla Cybertruck production to end at Gigafactory Texas for Cybercab
Tesla CEO Elon Musk said vehicle demand is outpacing production as Full Self-Driving gains traction, while the company announced plans to launch Cybercab service in Dallas next month and expand its autonomous transportation network…
Experts break down AI stock sell-off and Wall Street’s biggest concerns
BEP Research founder Ben Pouladian analyzes the technology stock sell-off and concerns surrounding artificial intelligence infrastructure on ‘Making Money.’ U.S. stocks plunged Thursday as investors dumped AI stocks, but market…
US stock futures mixed amid key Democratic midterm election wins
Robert Wolf, a former economic advisor to Obama, and Steve Cortes, a former Trump campaign advisor, discuss the midterm election's impact on Wall Street. U.S. stock futures were edging up Wednesday morning, reversing sharp early…
Binance to cover all customer losses after $6B crypto heist, co-CEO says
Binance co-CEO Richard Teng tells FOX Business' Darren Botelho that customers will not bear any losses following a massive $6.3B hack. Teng emphasizes that the cryptocurrency exchange bears full responsibility and has replenished…
Apple posts record September quarter despite price hikes
UBS managing director and senior portfolio manager Jason Katz joins 'Varney & Co.' to break down the market reaction to the midterm elections and what the selloff last week means for the AI trade. CUPERTINO, Calif. – Despite…