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The big questions its S-1 leaves unanswered
This report is from this week's The Tech Download newsletter. Like what you see? You can subscribe here.Anthropic's over 300 page S-1 filing earlier this week contained a lot of information. It was the most comprehensive public statement…
Google lost about half a trillion this week. How Mike Khouw trades it
"Be fearful when others are greedy, and greedy when others are fearful," said the great Warren Buffett is his classic Berkshire Hathaway shareholder letter in 1986. This week's tech sell-off might provide an opportunity to put that adage…
AI stocks sell off as investors question AI spending returns
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Oct. 30, 2026. Brendan McDermid | ReutersMarket professionals are sounding worried about the artificial intelligence trade after a big week of data…
Recovering $6.3 billion in stolen crypto
Jakub Porzycki | Nurphoto | Getty ImagesCrypto firms and law enforcement are racing to recover more than $6 billion worth of cryptocurrency stolen from Binance before hackers manage to hide the funds.The firms say they're in a "cat and…
Amazon, Intel shares fall after earnings amid AI spending concerns
Intel CEO Lip-Bu Tan speaks during a keynote presentation at Computex in Taipei on June 2, 2026.Cheng Yu-chen | Afp | Getty ImagesIntel shares plummeted 29% on Friday, their worst day since the 1970s, after the chipmaker issued…
What happens to customer funds on exchanges
A record-breaking hack at Binance, the world's largest cryptocurrency exchange, is a reminder of the risks investors take when trusting a company to hold their digital tokens. Binance said Friday that the security breach affected about…
Zhao asks Elon Musk to stop trolling
Changpeng Zhao, co-founder of Binance Holdings Ltd., during the Bitcoin Asia conference in Hong Kong, China, on Thursday, Aug. 27, 2026. Chan Long Hei | Bloomberg | Getty ImagesChangpeng Zhao, the cofounder and former CEO of Binance,…
Reddit plunges 29% after issuing weak outlook for its worst day ever
Shares of Reddit cratered 29.22% on Friday, the worst drop since becoming a public company in 2024, after the company forecast weak fourth-quarter sales in its latest earnings report.The previous record low was set on July 31, when the…
Reid Hoffman gives millions to Dems as Epstein fight reaches election
Billionaire venture capitalist Reid Hoffman has put $8 million into the Democratic Party of Wisconsin over the past five weeks to help the party's gubernatorial nominee David Crowley in his race against Republican Tom Tiffany.The…
Tankers defy Iran attacks to keep crude oil flowing through Hormuz
Within 24 hours of the U.S. and Israel going to war with Iran, Tehran responded with a wave of attacks on commercial ships in the Strait of Hormuz to cut off one of the world's main sources of crude oil. Iran's campaign was initially…