Anthropic Revenue Surges 45% as AI IPO Plans Put Profitability Under Investor Scrutiny

SAN FRANCISCO, California, Oct 15, 2026, ZEX PR WIRE — Anthropic reported a sharp increase in third quarter revenue as the artificial intelligence company prepared prospective investors for a potential public listing, offering a closer look at the commercial growth behind the industry's heavy spending on AI models and computing infrastructure. The Read more

October 15, 2026|

Morgan Stanley Profit Beats Estimates as Equity Trading Revenue Jumps 41%

NEW YORK, United States, Oct 15, 2026, ZEX PR WIRE — Morgan Stanley reported stronger than expected third quarter earnings as a sharp increase in equity trading revenue helped offset weaker fixed income performance, demonstrating how market volatility can create opportunities for investment banks even when investor sentiment remains uncertain. The US Read more

October 15, 2026|

Figma Bets on AI Features Despite Margin Pressure as Design Software Competition Intensifies

BENGALURU, India, Oct 15, 2026, ZEX PR WIRE — Figma is prepared to accept pressure on its profit margins as it increases investment in artificial intelligence, highlighting a growing challenge for software companies trying to turn AI capabilities into a sustainable source of revenue. The design software company is investing in AI Read more

October 15, 2026|

China Chip Exports Surge as AI Demand Strengthens Semiconductor Trade and Raises Tariff Risks

BEIJING, China, Oct 15, 2026, ZEX PR WIRE — China's semiconductor exports surged in September as global demand for artificial intelligence infrastructure, memory chips and advanced computing equipment continued to support the country's technology trade, reinforcing its position in the global electronics supply chain. Chinese exports rose 36.3% year over year in Read more

October 15, 2026|

Zetwerk IPO Opens as Investors Weigh Manufacturing Growth Against Persistent Losses

BENGALURU, India, Oct 15, 2026, ZEX PR WIRE — Zetwerk Manufacturing Businesses opened its initial public offering on October 15, giving investors an opportunity to buy into a technology driven manufacturing platform as India's primary market continues to attract companies seeking capital for expansion and debt reduction. The company is targeting a Read more

October 15, 2026|

CoreWeave Shares Slide as AI Data Centre Debt Raises Questions Over Infrastructure Boom

NEW YORK, United States, Oct 15, 2026, ZEX PR WIRE — Shares of CoreWeave came under renewed pressure as investors reassessed the financial risks of the artificial intelligence infrastructure boom, raising questions about whether some data centre operators can sustain their expansion before their investments generate sufficient returns. The AI cloud computing Read more

October 15, 2026|
Go to Top