The standoff between Anthropic and the Department of Defense escalated on Thursday when the artificial intelligence startup's CEO, Dario Amodei, said the company would cut ties with the government rather than lift restrictions on its AI model's usage. "We cannot in good conscience accede to their request," Amodei wrote in response to the Defense Department's demands to use the AI model for "all lawful purposes." The government has given Anthropic until 5:01 p.m. on Friday to answer its request to use mode ...

Funding and Valuation - OpenAI raised $110 billion in a record-breaking funding round, with a pre-money valuation of $730 billion [1] Corporate Developments - OpenAI CEO Sam Altman indicated the company is working on a deal to help resolve the conflict between rival Anthropic and the Department of Defense [2] - Anthropic's CEO Dario Amodei announced the company would sever ties with the government rather than comply with its demands regarding AI model usage [3] Industry Impact - Block co-founder Jack Dorsey announced a layoff of 40% of the company's staff, totaling 4,000 employees, citing changes in operations due to AI tools [4] - Nvidia's fourth quarter earnings and an upcoming product launch from Apple are significant points of interest for tech investors [5]

Though the role of women in agriculture is changing from drudgery and hard labour to more systematic working, it is still not enough to bring real transformation to the rural economy. Women are the real beneficiaries of schemes to provide water, electricity or the Swach Bharat mission, but they need to be empowered by ensuring the availability of basic amenities across all sectors. Devesh Chaturvedi, Secretary, Department of Agriculture and Farmers’ Welfare, inaugurating businessline’s fifth Agri and Commod ...

Sustainable Growth Advisers (SGA), an investment management company, released its fourth-quarter investor letter for its “Emerging Markets Growth Strategy.” A copy of the letter can be downloaded here. The fourth quarter of 2025 marked a strong divergence from the market. Market leadership by AI beneficiaries and revival of cyclical sectors dominated the market, while quality growth strategies faced challenges. In Q4 2025, the portfolio returned 0.8% (Gross) and 0.6% (Net) compared to the MSCI EM Net TR Ind ...

The A report showing that inflation at the U.S. wholesale level was at 2.9% last month, much higher than the 1.6% that economists expected, upset the market. The number was so much worse than expected that it could help persuade the Federal Reserve to hold off longer on its cuts to interest rates.Lower rates would give the economy and prices for investments a boost, but they risk worsening inflation at the same time.The discouraging data layered more worries atop a Wall Street where investors returned to k ...

PHILADELPHIA, Feb. 27, 2026 (GLOBE NEWSWIRE) -- National plaintiffs’ law firm Berger Montague PC announces that a class action lawsuit has been filed against Varonis Systems, Inc. (NASDAQ: VRNS) (“Varonis” or the “Company”) on behalf of investors who purchased or otherwise acquired Varonis securities during the period of February 4, 2025 through October 28, 2025 (the “Class Period”). Investor Deadline: Investors who purchased Varonis securities during the Class Period may, no later than March 9, 2026, seek ...

Group 1 - The analysis is primarily based on company fundamentals, industry-specific data, and broader economic trends [1] - Company presentations are designed to present data in a favorable manner, adhering to SEC regulations, and typically do not advise selling [1] - There is collaboration with another author, indicating a shared approach to analysis [1] Group 2 - There are no disclosed stock or derivative positions in the companies mentioned, nor plans to initiate any within the next 72 hours [2] - The article reflects the author's own opinions and is not influenced by compensation from external sources [2] - There is no business relationship with any of the companies mentioned, ensuring an unbiased perspective [2]

Core Insights - OQ Group has initiated a front-end engineering design (FEED) tender for a natural gas liquids (NGL) extraction facility at Saih Nihayda, which will process up to 48 million cubic meters of natural gas per day [1][3] Group 1: Project Overview - The new facility will produce butane, propane, ethane, and C5+ condensates for the petrochemical and manufacturing industries in Oman and regional markets [2] - The project will integrate upstream extraction at Saih Nihayda with downstream infrastructure in the Special Economic Zone at Duqm (SEZAD), including a 230 km² pipeline and a fractionation complex [1][2] - The facility is designed to separate approximately one million tonnes per annum (mtpa) of gas components during its initial phase [4] Group 2: Strategic Importance - The project is fully owned by OQ and aims to enhance the value extracted from Oman's natural gas resources, supporting government economic diversification efforts [3] - OQ has signed a 20-year gas supply agreement with the Integrated Gas Company to secure long-term access to natural gas volumes necessary for operations [5] - The facility is expected to strengthen Oman's industrial base and reinforce SEZAD's role as an investment hub, contributing to economic growth and attracting strategic partnerships [6]

Nio Inc. (NYSE:NIO) is gearing up for an aggressive SUV expansion, unveiling plans to roll out new flagship and sub-brand models in the coming months as it intensifies competition with rivals including Tesla Inc. (NASDAQ:TSLA) and Li Auto Inc. (NASDAQ:LI) in China's fast-growing electric vehicle market. Qin Lihong, co-founder and president of the automaker, outlined the company's near-term product strategy during a recent community event, CnEV Post reports. He shared timelines covering both the core Nio l ...

Core Viewpoint - Credo Technology Group Holding Ltd (CRDO) is expected to report strong fiscal Q3 results, with a projected earnings per share (EPS) increase of 284% year-over-year and revenues between $404 million and $408 million, significantly above previous guidance [1][2][8] Financial Performance - The Zacks Consensus Estimate for the upcoming quarter's EPS is 96 cents, reflecting an 284% year-over-year increase, with total revenue estimates at $389.4 million, indicating a 188.5% rise [1] - CRDO has consistently beaten earnings estimates in the past four quarters, with an average surprise of 38.46% [2][3] Revenue Drivers - The strong performance is attributed to high demand for active electrical cables (AEC) and optical products, along with increased engagement with hyperscalers [6][8] - Four hyperscalers contributed over 10% of total revenues, with a fifth hyperscaler beginning to generate initial revenues, indicating a significant expansion in customer base [6][7] Product Growth - AECs are the fastest-growing product line for CRDO, transitioning to higher capacity standards, which enhances their market position [8][9] - The company’s integrated circuit (IC) business, including retimers and optical DSPs, is gaining traction, with new products like the Bluebird optical DSP receiving positive feedback [10][11] Profitability and Margins - Non-GAAP gross margin expanded by 410 basis points to 67.7%, exceeding guidance, with expectations for Q3 margins between 64% and 66% [11][12] - Operating income for the last reported quarter was $124.1 million, a significant increase from $8.3 million in the prior year [11] Competitive Landscape - CRDO faces competition from major semiconductor companies like Broadcom and Marvell Technology, as well as newer entrants like Astera Labs [12] - The company’s reliance on a few key customers poses concentration risks, which could impact revenue stability [13] Stock Performance and Valuation - CRDO's shares have declined by 13.7% over the past six months, underperforming the broader market and its industry peers [14] - The company is trading at a forward P/E ratio of 27.81, which is lower than the industry average of 32.86, suggesting a potential valuation discount [17][18] Investment Outlook - The preliminary revenue update indicates strong demand momentum driven by hyperscalers, positioning CRDO favorably for future growth [19] - The combination of margin expansion, operating leverage, and attractive valuation presents a compelling investment opportunity ahead of the earnings report [19]