Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $10,000 In ATyr To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $10,000 in ATyr between January 16, 2025 and September 12, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Nov. 04, 2025 (GLOBE NEW ...

NEW YORK, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the District of Maryland on behalf of all persons or entities who purchased or otherwise acquired CarMax, Inc. (“CarMax” or the “Company”) (NYSE: KMX) securities between June 20, 2025 and September 24, 2025, inclusive (the “Class Period”). The Complaint alleges that Defendants made false and/or misleading statements and/or failed to dis ...

Core Insights - Anthropic is projected to generate up to $70 billion in revenue and $17 billion in cash flow by 2028, driven by the rapid adoption of its business products [1] - The company aims for a $9 billion annual revenue run rate by the end of 2025 and targets $20 billion to $26 billion for 2026 [2] - Anthropic expects to achieve $3.8 billion in revenue this year from API sales, significantly outpacing OpenAI's projected $1.8 billion [3] Business Strategy - Anthropic's B2B strategy is becoming more evident, with partnerships established with Microsoft for integration into Microsoft 365 and expanded collaboration with Salesforce [4] - The company plans to deploy its AI assistant Claude to numerous employees at Deloitte and Cognizant [4] Product Development - Recent launches include smaller, cost-effective models like Claude Sonnet 4.5 and Claude Haiku 4.5, catering to businesses deploying AI at scale [5] - Anthropic has also introduced Claude for Financial Services and Enterprise Search to enhance business connectivity [5] Financial Position - The company raised $13 billion in September, valuing it at $170 billion, with future fundraising efforts potentially targeting a valuation between $300 billion and $400 billion [6] - Anthropic's gross profit margin is expected to reach 50% this year and 77% by 2028, a significant improvement from negative 94% last year [8] Competitive Landscape - OpenAI, Anthropic's main competitor, is valued at $500 billion and expects to generate $13 billion in revenue this year, with a long-term goal of $100 billion by 2027 [9] - While Anthropic anticipates positive cash flow by 2028, OpenAI is projected to face substantial losses, with cash burn reaching $14 billion in 2026 [9]

More than two months ago, Tesla published its fourth “Master Plan,” a gauzy post about how the company wants to spread “sustainable abundance” via its future products. Details remain woefully absent, but that hasn’t stopped Tesla from making it the central prop in its bid to convince shareholders to hand CEO Elon Musk a compensation package worth $1 trillion at the company’s annual meeting on Thursday. If that vote passes, the world’s richest man would receive the biggest pay package in corporate history. ...

(Bloomberg) — Microsoft Corp. (MSFT) has committed more than $60 billion to neocloud data center companies, evidence of the company’s race to find enough computing capacity for its AI needs. The largest chunk of that spending — about $23 billion — is going to British startup Nscale, according to people familiar with the situation, who requested anonymity to discuss the previously undisclosed sum. The arrangement with Nscale will give Microsoft access to about 200,000 of Nvidia Corp.’s latest GB300 chips a ...

Philips Ultrasound is laying off 33 employees from its Bothell, Wash. ...

Key Takeaways Vertex's Q3 EPS of $4.80 beat estimates, rising 10% year over year on $3.08B in revenues.Trikafta and Alyftrek fueled growth, while Casgevy sales fell 44% sequentially to $16.9M.VRTX tightened its total revenue guidance for 2025 from $11.85-$12 billion to $11.9 to $12.0 billion.Vertex Pharmaceuticals (VRTX) reported adjusted earnings of $4.80 per share for the third quarter of 2025, surpassing the Zacks Consensus Estimate of $4.55. Earnings rose around 10% year over year.Total revenues of $3.0 ...

OPEC's oil output rose further in October after an OPEC+ agreement to raise production, a Reuters survey found on Tuesday, though the scale of the increase slowed sharply from September and the summer months. ...

Key Takeaways QuantumScape reported $12.8 million in Q3 customer billings, marking its first tangible cash inflows.The firm's model centers on licensing, joint development and royalties with global auto partners.QS reduced full-year loss and capex forecast as efficiency gains extended liquidity through 2030.QuantumScape Corp.’s (QS) business model is starting to show results. The company has a capital-light approach focused on licensing and development work rather than large-scale manufacturing. In Q3 2025, ...

A major investor in Victoria’s Secret urged the flailing lingerie maker in a letter Tuesday to shake up its board – attacking the current chair as “over-tenured” with a “stale perspective.”BBRC International – which owns a nearly 13% stake in Victoria’s Secret, making it the second-largest shareholder – is calling for longtime Chair Donna James to be fired and asking for a board seat for its founder, Australian billionaire Brett Blundy. The private equity firm started building its stake in 2022 and has been ...