Nasdaq plummets 4% into correction territory
Investors continued to rotate away from technology stocks and into more defensive areas of the market.
Topic
CNBC
Oracle files to sell $20B in new stock, bonds to finance AI buildout
Oracle filed plans on Monday to issue new shares and more debt to finance its artificial intelligence buildout.
Anthropic reports $17B in Q3 revenue, commitments of $895B in revised S-1
Anthropic unveiled its S-1 prospectus last week, but the initial filing only included the company's financials through the first half of the year.
U.S. appeals court upholds designation of Anthropic as supply chain risk
In a 2-1 decision, a federal appeals court upheld the Department of Defense's blacklisting of Anthropic.