Trump’s Housing Ban Rocks Real Estate Stocks; Anthropic Eyes $350B Valuation; Hyundai Mobis & Qualcomm Partner on SDV
Key TakeawaysFormer President Trump's proposal to ban large institutional investors from buying single-family homes sent shockwaves through the real estate sector, causing shares of companies like American Homes 4 Rent (AMH) and Blackstone (BX) to drop significantly.AI startup Anthropic is reportedly raising $10 billion, pushing its valuation to an estimated $350 billion, following significant investments from Microsoft and Nvidia.Hyundai Mobis and Qualcomm (QCOM) have announced a broad agreement to collabo ...