United States AI firm Anthropic nears trillion valuation

 

U.S.-based artificial intelligence company Anthropic has reached a valuation of $965 billion after closing a new $65 billion funding round, the firm announced in its latest financing update. The round was led by major venture investors including Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, and featured a $5 billion commitment...

Global crypto markets slump as liquidations surge

 

United States-based crypto markets experienced a sharp sell-off on Friday, with more than $700 million in leveraged positions liquidated within 24 hours across major digital asset exchanges. Bitcoin, the largest cryptocurrency by market value, fell more than 3% during the session and hovered near the $73,000 level as risk-off sentiment...

Israel-based Wix cuts 20% of global workforce

 

Israel-based website-building platform Wix.com Ltd. announced on Thursday that it will cut roughly 20% of its global workforce, eliminating about 1,000 positions in what the company described as a major restructuring. Chief Executive and co-founder Avishai Abrahami said the reductions are primarily driven by the rapid integration of artificial intelligence...

United States: Musk weighs potential SpaceX-Tesla merger

 

In the United States, Elon Musk has recently held internal discussions about potentially merging SpaceX and Tesla into a single corporate entity, according to multiple people cited by CNBC. The talks come just weeks before SpaceX is scheduled to list on Nasdaq under the ticker SPCX, following its May 20,...

Peabody Prices $225M Convertible Notes, Settles June 2

 

ST. LOUIS — Peabody announced on May 28 that it priced $225 million of convertible senior notes due 2031 in a private offering to qualified institutional buyers, with an initial 0.50% interest rate and an option for initial purchasers to buy up to an additional $25 million; settlement is scheduled...

United States cybersecurity firm Zscaler shares plunge

 

United States-based Zscaler, a cloud-delivered security services provider, saw its shares plunge 31.52 percent on Wednesday, the steepest single-day decline in its history, closing at $126.41 and cutting its market capitalization to about $20.33 billion. The selloff followed fiscal third-quarter 2026 results that beat expectations, with revenue rising 25 percent...

United States stocks hit records as Micron soars

 

U.S. equity markets closed at record highs on Tuesday, May 26, as technology shares outperformed despite persistent inflation pressures on households. The S&P 500 rose 0.61% to a record 7,519.12 and the Nasdaq Composite gained 1.19% to a record 26,656.18, while the Dow Jones Industrial Average slipped 0.23% to 50,461.68....

Several US Firms Join Russell 2000 and 3000

 

United States: On May 26–27, 2026, Sharplink (NASDAQ: SBET), Forward Industries (NASDAQ: FWDI), and Lantronix (NASDAQ: LTRX) announced preliminary inclusion on FTSE Russell's lists for the Russell 2000 and/or Russell 3000 following the May 22, 2026 publication; FTSE Russell's reconstitution changes are scheduled to take effect after the U.S. market...

Global markets hit as bitcoin slides below $77,000

 

United States – Bitcoin fell below the key $77,000 support level over the weekend of May 25, 2026, sparking a major liquidation wave across global cryptocurrency markets. The world’s largest digital asset dropped under $75,000 for the first time in more than a month, hitting an intraday low of $74,344...

Two Companies Report Positive Fiscal Fourth-Quarter Results

 

DALLAS — CSW Industrials Inc. reported fiscal fourth-quarter profit of $20.2 million, or net income of $1.22 per share, and adjusted earnings of $3.14 per share on revenue of $309 million. For the full fiscal year, the Dallas-based industrial products and coatings maker posted profit of $112 million, or $6.70...