S&P 500 profit growth is getting even wilder as Amazon makes its mark

Anthropic reported updated financials as part of an amended Form S-1 filing with the Securities and Exchange Commission on Monday, giving investors a more comprehensive look into the state of its business.  The artificial intelligence company said it generated $33.24 billion in revenue for the nine months ended Sept. 30, up roughly 1,200% from the…

The largest private foundations are just barely exceeding the 5% statutory threshold for charitable donations, according to a new report. Processing Content The report, released Tuesday by the Charity Reform Initiative of the Institute for Policy Studies, found the average payout at major grantmaking institutions — the 144 private foundations with endowments over $1 billion…

With Iran’s economy in free fall, the country’s currency is getting dragged down too and continues to find new depths with the regime facing a major cash crunch soon. The U.S. naval blockade has sent Iran’s oil exports to virtually zero, while its Persian Gulf neighbors have boosted their own shipments under the protection of…

It’s never been a better—or worse—time to be a tech founder as Hollywood turns its lens on the bizarre and often controversy-filled lives of Silicon Valley leaders. But among the sea of film projects diving deep into the topic of tech CEOs, one appears to be quickly taking the crown. Zuck in a rut First…

Investors have been warned against putting money into mini bonds issued by unregulated companies just five years after the Financial Conduct Authority (FCA) banned promotions of the risky products. The high-profile collapse of London Capital & Finance in 2019 – where 11,600 bondholders lost an estimated £237 million – prompted the FCA to ban the…

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