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Elon Musk says SpaceX will probably top $100 trillion within 10 years. His only caveat, posted on X on October 15, was a major world war. That is about 48 times the company’s $2.07 trillion market value at its October 14 close. Musk made the prediction in reply to a clip of Baron Capital founder…
Anthropic reportedly earned $1.70 in revenue for every $1 it spent on computing power in the third quarter. The artificial intelligence (AI) company shared the figure with investors weeks before its planned November initial public offering (IPO). Revenue rose 50% to $16.8 billion in the quarter, alongside a second straight adjusted profit. However, revenue grew…
Warburg Pincus CEO Jeffrey Perlman says investors see public markets as one concentrated bet and want private assets instead. The post Warburg Pincus CEO Says Investors See Public Markets as One Big Bet appeared first on BeInCrypto.
Jim Cramer says earnings beats failed to lift bank stocks. See why Morgan Stanley fell and what could turn it around. The post Jim Cramer Says Bank Stocks Are Hard to Own Despite Strong Earnings appeared first on BeInCrypto.
PSP Growth’s Momei Qu says Goldman Sachs and JPMorgan are becoming AI stocks as banks finance the AI buildout. The post Venture Head Says Goldman and JPMorgan Are Becoming AI Stocks appeared first on BeInCrypto.
Banks report Q3 earnings this week, and Bloomberg Intelligence’s Herman Chan says an Anthropic IPO could carry deal flow. The post Bank Earnings Hinge on Anthropic IPO as SpaceX Windfall Fades appeared first on BeInCrypto.
Jim Cramer called SpaceX’s spectrum deal huge, then posted a lockup watch. See which SpaceX share unlock comes next. The post Jim Cramer's SpaceX Lockup Watch Flags 1.3 Billion Shares: Will the Stock Hold? appeared first on BeInCrypto.
Nvidia stock fell 2.94% to $230.48 as OpenAI’s $50 billion revenue figure rattled AI stocks. Is the AI trade breaking? The post Nvidia Stock Faces Critical Warning Sign. Is the AI Trade Breaking? appeared first on BeInCrypto.
Vertiv, Quanta Services and GE Vernova report surging data center demand as OpenAI and Anthropic head for IPOs. The post 3 Stocks Already Winning the OpenAI vs. Anthropic Race appeared first on BeInCrypto.
Elon Musk praises Jeff Bezos after his $28B Blue Origin reveal. Find out what the first $10B outside raise means for a future Blue Origin IPO. The post Elon Musk Praises Jeff Bezos After $28 Billion Blue Origin Reveal appeared first on BeInCrypto.