The Week Anthropic Tanked the Market and Pulled Ahead of Rivals
Once a distant second or third in the AI race, the company is moving to the front with a focus on caution, coding and business clients.
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Naver Has Record Year Despite Weaker Final Quarter
The South Korean internet giant delivered record annual results, led by growth in its search, e-commerce and financial-technology businesses.
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Inside Elon Musk's $1.25 Trillion AI and Space Megamerger
The fast-tracked deal is premised on SpaceX's satellite prowess combining with xAI's technology.
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Amazon Shares Sink as Company Boosts AI Spending by Nearly 60%
The company reported that its cloud-computing growth has been slower than rivals.
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News Corp Revenue Rises on Growth at Dow Jones, Real-Estate Divisions
The media company's CEO said there are 'favorable signs' for the second half of its fiscal year.
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Bitcoin Booster's $12 Billion Loss Headlines Crypto's Worst Day Since 2022 Crash
Shares of Strategy, Michael Saylor's bitcoin-stockpiling company, have fallen sharply since crypto prices touched their all-time highs in October.
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Rio Tinto, Glencore Abandon Megadeal Talks
A deal would have created the world's largest mining company, worth more than $200 billion. Glencore shares dropped 7%.
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Reddit Logs Higher Fourth-Quarter Profit as Ad Revenue Jumps
Ad revenue, which makes up the bulk of the social-media company's top line, jumped 75% in the fourth quarter, helping overall revenue top Wall Street's expectations.
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Roblox Guides for Higher Revenue in 2026
The videogame company said it projects revenue up 23% to 29% this year, following 43% revenue growth in its latest quarter.
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Affirm Sales Jump Driven by Higher Gross Merchandise Volume
The buy now, pay later company recorded a 30% increase in sales in its fiscal second quarter.
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TPG Posts Record Fundraising and Investment Volumes in 2025
The private markets firm's chief executive said he sees opportunity in market turmoil.
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Coty Swings to Second-Quarter Loss, Withdraws Fiscal-Year Guidance
The house of beauty and fragrance brands posted a quarterly loss of $126.9 million, compared with a profit of $20.4 million a year earlier.
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KKR Executives Downplay Impact of AI Disruption
In discussing Q4 earnings, the private-markets firm said it isn't changing its return forecasts despite market turbulence over the software sector.
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Bob's Discount Furniture Bets on Value as It Heads to Public Market
The furniture chain is betting its low-price model can carry it through economic uncertainty and fuel its next phase of growth, following a volatile period for the home-furnishings industry marked by a sluggish housing market and tariffs.
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Novo Nordisk Accuses Hims & Hers of 'Illegal Mass Compounding' Over Cheaper Wegovy Version
Hims & Hers said it would begin offering copies of Wegovy for an introductory price of $49 for the first month with a five-month plan.
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Volkswagen, UAW Agree to 20% Wage Hike for Tennessee Plant Workers
The company and union have been in talks for a year-and-a-half on their high-stakes first contract.
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Banco De Sabadell Appoints TSB's Marc Armengol as Next CEO
Marc Armengol, who currently serves as the CEO of TSB, will take over from Cesar Gonzalez-Bueno, who is widely credited for his work fending off a hostile takeover bid by larger rival BBVA.
(END) Dow Jones Newswires
February 05, 2026 23:00 ET (04:00 GMT)
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