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Citi Group is in discussions to join the core underwriting team for Anthropic's upcoming IPO, alongside Morgan Stanley, Goldman Sachs, and JPMorgan, according to sources. The move would bolster Citi's standing in the equity capital markets as the AI firm prepares for a potential listing later this year.
Read MoreBitcoin experienced significant volatility, briefly surging past the $73,000 mark. This article provides the latest price data, analyzes the market movement, and underscores the critical importance of risk management in such a high-volatility environment for informed decision-making.
Read MoreThe U.S. State Department has approved a potential $4.5 billion sale of KC-46A Pegasus aerial refueling aircraft and related equipment to Qatar. This deal aims to bolster Qatar's defense and interoperability with U.S. forces, reinforcing its strategic role in regional security while advancing American foreign policy and national security objectives.
Read MoreThe 'StopAndProtect' ransomware campaign has hijacked nearly 2,000 WordPress sites to distribute malware, steal credentials and crypto wallets, and deploy ransomware. Over 6,000 unique IPs were compromised, with the US, Russia, and India most affected. Researchers recovered tens of thousands of stolen screenshots and data files.
Read MoreAnthropic is reportedly preparing to file for an IPO by late August, with expectations that its offering could match or surpass the record scale set by SpaceX. This move signals a major capital event in the AI sector.
Read MoreOn August 21, a couple in France's Landes department was abducted by intruders demanding large amounts of Bitcoin and other cryptocurrencies. The man was found severely injured, the woman located in another province. Two suspects have been arrested, with the case now under investigation by specialized courts, highlighting serious physical security threats to crypto holders.
Read MorePresident Trump announced that White House Legislative Affairs Director James Brad will leave his post in September, marking another senior staff departure. Brad was a key liaison to Congress. The exit follows the announced resignation of the White House press secretary, highlighting ongoing turnover within the administration's core team.
Read MoreThe total open interest on the decentralized perpetual contracts protocol Hyperliquid has surged to $12.5 billion, marking its highest level since October 10. This substantial increase signals growing market confidence and heightened activity within the derivatives sector.
Read MoreAnthropic is revising its data retention policy for enterprise AI models, allowing clients to store data on their own cloud infrastructure while maintaining a 30-day retention period. This shift aims to balance security concerns with client control.
Read MoreA key US housing affordability measure worsened for the first time since 2023. In Q2, mortgage payments for a median-priced home consumed 34% of typical household income, erasing recent gains. Rising borrowing costs are squeezing new buyers.
Read MoreCiti's FX strategists have turned bearish on the US dollar in the near term, cutting their 3-month DXY forecast to 98.34. Expectations of a Fed pivot, midterm election risks, and Treasury's expanded bond buyback program are cited as key pressures.
Read MoreGoogle has announced that its open-source, lightweight AI model Gemma has surpassed 1 billion cumulative downloads globally. This milestone highlights its explosive adoption among developers and researchers, solidifying its role in democratizing AI and meeting the strong demand for efficient, customizable models.
Read MoreUS Treasury Secretary Bessent addressed bond market volatility, stating that any movement within a 24-hour period is merely noise. She urged investors to focus on long-term economic fundamentals and policy direction rather than short-term fluctuations.
Read MoreSt. Louis Fed President Musalem attributes recent bond market volatility to surging government borrowing and AI infrastructure financing needs, not a loss of faith in the Fed's inflation fight. He notes stable inflation expectations and reiterates his preference for higher rates.
Read MoreOn August 21, the Fed's overnight reverse repo facility usage surged from $155 million to $225 million, a 45% increase with only one counterparty. This sharp movement in a key short-term liquidity tool hints at shifting dynamics in money market conditions.
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