The event was well attended, reflecting strong engagement from the financial community as Xanadu advances toward becoming a publicly listed company.

As previously announced, Xanadu is advancing its business combination with Crane Harbor and a newly formed public company, Xanadu Quan ...

Anthropic's Claude Code modernising COBOL systems triggered a 13.2% correction on IBM's stock.

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

After the US president suffered a defeat at the hands of the supreme court on Friday, which struck down his sweeping “liberation day” tariffs imposed last year, he angrily reacted by announcing a 10% ...

IBM shares suffered their worst single-day drop in over 25 years on Monday, February 23 after AI startup Anthropic announced ...

More Americans believe the economy and stock market will get better within six months instead of decline, according to a new survey. In the Gallup poll, 50 percent of respondents said the stock market ...

The stock market continued its plunge Feb. 5 amid investor concerns that experts attributed to increased uncertainty in the cryptocurrency and artificial intelligence worlds. The Nasdaq Composite was ...

Last week, Anthropic released a new AI tool for automating legal work, precipitating a mass stock market selloff over fears that the tech could upend huge software customers in industries ranging from ...

The stock market is valued near its most expensive levels ever. Soaring valuations in artificial intelligence (AI) are echoing themes last seen during the dot-com bubble. History has a flawless track ...

Stock futures are little changed this morning after a downturn in tech shares sent major indexes lower on Tuesday; AMD stock is sharply lower as the bar remains high for chipmakers to impress ...

The Nasdaq Composite slipped on Tuesday after the software stock selloff picked back up. The tech-heavy index dropped 1.4%. The S&P 500 fell 0.8%. The Dow Jones Industrial Average dropped 167 points, ...