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Dario Amodei, chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Ruhani Kaur | Bloomberg | Getty ImagesAnthropic on Friday announced it’s disabled access to its Fable 5 and Mythos 5 artificial intelligence models to comply with an export control directive from the U.S. government that cited “national security authorities.” The company said it received an order at 5:21 p.m. ET, instructing it to suspend all access to the models “by any foreign national, whether inside or outside the United States, including foreign national Anthropic employees.”Anthropic abruptly disabled the models for…
Bitcoin has lost nearly half its value since reaching a record high above $123,000 in July 2025. After years of bitcoin rewarding those who held through periods of volatility, the selloff is just the latest test of investors’ mettle.But bitcoin’s recent decline doesn’t appear to reflect a fundamental change in the investment, says Daniel Sotiroff, associate director of ETF and Passive Strategies Research at Morningstar.”I think a lot of this is crypto being crypto,” he says.Bitcoin’s selloff comes amid weakness across a range of assets, as investors reassess risk and where to put their money. The Nasdaq Composite and gold…
US blocks foreign access to Anthropic’s most advanced AI models, Axios reports Source link
Space Exploration Technologies, better known simply as SpaceX, became a publicly traded company on Friday nearly a quarter of a century after it was founded. The company began trading on the Nasdaq exchange in New York City at $135 a share, valuing SpaceX at nearly $1.8 trillion. By the end of the trading day the company’s shares were selling at $160.95, a respectable increase of more than 19 percent. On paper, SpaceX founder Elon Musk became the world’s first trillionaire, with his personal stake in the company valued at more than $700 billion. Because of the company’s stock options plan,…
CNBC’s Jim Cramer said Friday that it’s not too late for investors to buy SpaceX after its blockbuster debut— but only if they’re willing to view the stock as a long-term bet on the future rather than a traditional investment.”Is it too late to get into SpaceX?” the “Mad Money” host said. “If you’re willing to look at this as a different kind of stock, not a short or even medium term investment … then you’ve got my blessing.”SpaceX debuted on the Nasdaq on Friday, opening at $150 per share but surging as high as $176. Elon Musk’s rocket company…
Target investors reject proposal for independent board chair, support rises but stays below majority
Target investors reject proposal for independent board chair, support rises but stays below majority Source link
CNBC’s Jim Cramer on Friday said SpaceX’s blockbuster debut could pave the way for a new wave of AI-related equity offerings and help create a more constructive backdrop for stocks.”Never has one initial public offering captivated the minds of Wall Street and perhaps Main Street as much as Elon Musk’s SpaceX,” the “Mad Money” host said.Elon Musk’s rocket company debuted Friday and finished the session at $161 per share, giving SpaceX a market value of roughly $2.1 trillion. Cramer said the success of the offering could encourage other companies to tap the market soon, particularly AI players such as Anthropic.…
Spending on working-age benefits was lower than on defence in the mid 1980s – but now it’s more – and is projected to rise to around 4.3% of GDP by the end of the decade, pushed up, in part, by rising claims for things like Personal Independence Payments (PIP). Source link
A customer shops for produce in an H-E-B grocery store in Austin, Texas, May 11, 2026.Brandon Bell | Getty ImagesConsumer prices rose in May, pushing the annual inflation rate to its highest level in three years, according to new government data.That points to a 4.7% Social Security cost-of-living adjustment for 2027, according to a new estimate from Mary Johnson, an independent Social Security and Medicare policy analyst. Last month, Johnson had forecast a 4.2% COLA for next year.”There’s a considerable likelihood that it’s going to climb even higher than 4.7% as data continues to come in, especially on the gasoline…
Justice Department says Paramount’s Warner deal wouldn’t harm competition Source link