Financial Times
- FT : Investors weigh whether Anthropic can sustain surging revenues post-IPO
OpenAI’s resurgence, cheap rivals and safety fears test faith in durability of business model ahead of IPO
-FT : Paramount in talks to settle antitrust lawsuit blocking WBD deal
Agreement to end action by a dozen Democratic states would clear path for $111bn tie-up
- FT : OpenAI expects to burn $280bn by 2030
AI start-up has projected deeply negative cash flows as it invests in infrastructure and faces price pressures
- FT : Donald Trump says US has deal with Denmark for ‘control’ of Greenland’s security
Danish government says agreement could be signed next week and will respect territory’s sovereignty
- FT : PizzaExpress cooks up sale at up to £500mn valuation
Company owners, including Bain Capital’s special situations unit and Cyrus Capital Partners, are working with bankers at Rothschild
- FT : British data centre group Nscale files for $35bn
US listingStart-up has won a huge contract to supply computing power to Anthropic
Barron's
- The World Isn’t Ready for an Anthropic IPOAnthropic could be public in a matter of weeks. Wall Street—and the rest of the world—are nowhere near prepared for what’s to come.
- Apple’s Chip Strategy Keeps Paying Dividends
- French Bond Yields Are Surging, Too. Will the ECB Step In?
- Target and 5 More Retail Stocks That Make the GradeWhether it’s a behemoth still in the prime of its life or turnaround story that’s gaining momentum, these six retailers are worth a look.
Wall Street Journal
- WSJ :Lakers Buyers Lay Out Plans to Reach $30 Billion Valuation in Pitch to InvestorsGroup led by Bob Iger and Joshua Kushner estimate team revenue will more than double to at least $1.6 billion in a decade
- WSJ : Patients Sue GLP-1 Drugmakers Over Risk of Sudden Vision LossLittle-discussed potential risk of popular diabetes and weight-loss drugs is on warning labels outside of U.S.
-WSJ : Germany’s Military Rebuild Is Making Its Neighbors NervousBerlin’s rearmament is critical to deter Russia, but the rising popularity of the German far-right is causing unease among allies
- WSJ : NASA Explores New Missions With Boeing’s Troubled Starliner SpacecraftVehicle hasn’t flown since failures left two astronauts stuck on International Space Station for months