Business

Wall Street Struggles to Absorb AI’s Debt Boom

Broadcom is lining up another massive bet on AI. Bloomberg has learned the chipmaker is in talks to raise more than $60 billion in debt to help Anthropic and others secure chips and computing power. The deal highlights a bigger concern…

Anthropic Preps for Blockbuster Public Listing | Bloomberg Tech 8/21/2026

Bloomberg’s Ed Ludlow takes a look at Anthropic as the AI company expects to match or top the size of SpaceX's record-setting IPO. Plus, sources say Broadcom is in talks to raise more than $60 billion in debt to help Anthropic and others…

Anthropic Aims to Match or Top SpaceX IPO

Anthropic is aiming for an IPO that could make history, expecting to match or even top SpaceX's record-setting debut, according to sources. The maker of Claude could file publicly by the end of this month. The company raised $65 billion in…

Former JPMorgan exec takes on Social Security advisory role

MarketWatch

Former JPMorgan exec takes on Social Security advisory role

Matt Zames will take on an unpaid adviser position at the Social Security Administration, according to reports.

MarketWatch

Robinhood's Guild on AI, Markets & Risks

Robinhood's Stephanie Guild discusses the impact of major AI IPOs, market concentration risks, opportunities in healthcare and compute infrastructure, and why investors should balance AI exposure with cash flow-focused, defensive assets…

Batteries send power prices up in midnight charging mystery

ABC News

Batteries send power prices up in midnight charging mystery

Australia is leading the world in the adoption of batteries big and small. But in one state, storage is fuelling some perverse and pricey outcomes.

ABC News

An overlooked AI winner names a new CFO — plus, Nvidia's key earnings loom

CNBC

An overlooked AI winner names a new CFO — plus, Nvidia's key earnings loom

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

CNBC

US Chief Justice Lets Trump Keep Building Ballroom for Now

US Chief Justice John Roberts said President Donald Trump can keep building his new White House ballroom for now while the Supreme Court considers issuing a longer-term order blessing continued construction of the massive structure…

Iran’s president calls to end war with US from ‘position of strength’

Financial Times

Iran’s president calls to end war with US from ‘position of strength’

Masoud Pezeshkian’s comments reflect debate within regime over how much economic pressure country can endure

Financial Times

TASS

National debt worth $50 trillion threatens US as early as 2029 — expert

Ilya Grashchenkov also said the $50 trillion mark itself is not a threshold beyond which the US economy would automatically collapse

TASS

Apple Cuts Jobs in Siri, Vision Pro Immersive Video and Gaming Teams

Apple Inc. is cutting jobs across teams responsible for the Siri digital assistant and the Vision Pro headset, part of an effort to focus on new devices and artificial intelligence.

The New York Times