PALO ALTO: Anthropic’s revenue surged more than 14-fold in the second quarter from a year earlier, Bloomberg News reported Friday, underscoring the rapid growth of the Claude chatbot maker as it prepares for a potential blockbuster initial public offering. The artificial intelligence company reported preliminary revenue of more than $11.5 billion for its latest completed…
Warren Buffett’s conglomerate trims its deficit with a strong June, but tech-fueled markets keep the S&P 500 firmly in the lead. As the calendar flips past the midpoint of 2026, Berkshire Hathaway is showing signs of life—but the numbers still tell a story of struggle. The conglomerate’s Class B shares are down 1.8% year-to-date, lagging far behind…
WASHINGTON: Clothing and home goods prices could rise between 4% and 10% if the ongoing conflict in the Middle East extends into the autumn and drives up fuel and fabric costs for manufacturers, a retail industry executive said. While the clothing and home retailer has so far experienced little disruption to its supply chain, container…