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Anthropic tops OpenAI as most valuable AI startup, nears $1T valuation
Anthropic is now the most valuable artificial intelligence company in Silicon Valley. The AI giant announced a $65 billion Series H financing round at a $965 billion valuation on Thursday. The financing puts its valuation above that of…
Okta (OKTA) earnings Q1 2027
Okta beat Wall Street's fiscal first-quarter estimates after the bell on Thursday as demand for identity security tools spikes with the onslaught of agentic artificial intelligence. Shares gained 8%.Here's how the company did versus LSEG…
MTV star Spencer Pratt gaining in Los Angeles mayoral race against Karen
Spencer Pratt's campaign for Los Angeles mayor began as a celebrity long shot. Days before Tuesday's primary, the former MTV reality star is threatening to force incumbent Mayor Karen Bass into a November runoff.Pratt, best known for…
CFTC sues Rhode Island over actions against prediction markets
Screens displaying the logo and homepage of prediction market platform Polymarket in Saint-Mande, east of Paris, April 29, 2026.Martin Lelievre | Afp | Getty ImagesThe Commodity Futures Trading Commission announced on Thursday that it…
CFTC bid to vacate order against Winklevoss’ crypto exchange ‘very unusual’
The move by the Commodity Futures Trading Commission to vacate a consent order against the cryptocurrency exchange company Gemini Trust is "very unusual," a former CFTC chair told CNBC's "Squawk on the Street" on Thursday.Tim Massad, the…
Ferrari CEO defends price tag for its first fully electric car
Ferrari launches Luce at event in Rome.FerrariFerrari CEO Benedetto Vigna on Thursday sought to defend the 550,000-euro (roughly $640,000) price tag for the luxury carmaker's first fully electric vehicle, saying the model has received…
U.S. and Iran reach temporary deal — but Trump hasn’t signed off yet
US Treasury Secretary Scott Bessent speaks during a press briefing in the Brady Briefing Room at the White House in Washington, DC, on April 15, 2026.Brendan Smialowski | Afp | Getty ImagesThe U.S. and Iran have "mostly agreed" to the…
CVS restores Zepbound coverage, adds Eli Lilly’s obesity pill Foundayo
An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York, US, on Thursday, March 28, 2024.Shelby Knowles | Bloomberg | Getty ImagesCVS Health on Thursday said it will restore coverage of Eli Lilly's…
Trump weighs pulling immigration, customs in ‘sanctuary city’ airports
Passengers are seen at the international arrival gate of JFK International Airport in New York on June 16, 2025. Charly Triballeau | Afp | Getty ImagesGroups representing the largest U.S. airlines and hotel chains slammed the Trump…
Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s
Inflation continued to hit consumer wallets in April, likely keeping the Federal Reserve on the sidelines until the current wave subsides, fresh pricing data released Thursday showed.The personal consumption expenditures price index…