Futures, Bonds Tumble, Oil Soars After Trump Dashes Hopes For Early End To Iran War

Has The Breakthrough Moment For Soccer In America Arrived? The World Cup is turning into a major ratings boom for US broadcasters, with Fox Sports, Telemundo and Peacock drawing record audiences. The US Men's National Team (USMNT) is currently 1-0 down against Belgium in a Round 16 match, a game that could mark a breakthrough moment for soccer in America. About a month into the 39-day tournament, top matches featuring the US, Mexico, England, France and Argentina have helped drive viewership levels rarely seen outside NFL games, according to Fox Sports analytics...

Anthropic's Updated S-1: An $80.7BN Half-Year Loss, A $750BN Compute-Tab, And A 'Catastrophic Incident' Warning Three weeks ago, when the first leaked draft of Anthropic’s confidential IPO prospectus made the rounds, we noted that CEO Dario Amodei was preparing to take the company public at the exact moment the underlying math of the frontier AI trade had begun to turn against him. That September filing showed a company that burned through $42 billion in net losses during 2025 on just $4.6 billion in revenue, sitting on $20 billion in cash...

IBM Announces Five-Year, $10BN Quantum Investment IBM is set to invest more than $10 billion in quantum computing over the next five years. According to the company, the investment will cover R&D, capex, manufacturing scaling, ecosystem partnerships, and M&A; areas that IBM says will help accelerate its quantum roadmap beyond 2029, when it expects to deliver the world's first large-scale, fault-tolerant quantum computer. The announcement comes two weeks after the US government signed letters of intent with nine quantum computing companies, including IBM. That agreement will see IBM receive $1bn from the Department of...