Anthropic nears first quarterly profit, agrees to pay SpaceX $1.25 billion monthly for computing power

Anthropic nears first quarterly profit, agrees to pay SpaceX $1.25 billion monthly for computing power

Anthropic is closing in on its first quarterly operating profit, a person familiar with the matter told Reuters, as its sales eclipse the enormous costs to develop and deploy artificial intelligence. In recent fundraising materials, the San Francisco-based startup apprised investors that its June quarter sales could reach at least $10.9 billion, more than double…

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Investment Strategy at 50: Lump Sum or SIP? 9 funds recommended by expert to plan smart and balance risk - Mutual Funds

Stocks to Watch Today, May 21: Lenskart, Tata Power, Jubilant FoodWorks, RIL, Rail Vikas Nigam and others – Markets

Stocks to Watch Today: Lenskart, Tata Power, Jubilant FoodWorks, RIL, Rail Vikas Nigam and others will be in focus on May 21. (Image: AI/ET Now) Stocks to Watch Today, May 21: Indian stocks are likely to remain stock-specific on May 21 as investors react to a fresh batch of quarterly earnings and corporate developments. Healthcare…

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J Kumar Infraprojects Q4 profit slips 4% on lower revenue; declares dividend

Sanghvi Movers Q4 profit jumps 28% as demand for cranes and wind projects stays strong

Sanghvi Movers Ltdreported a 27.8% year-on-year rise in consolidated net profit for the fourth quarter ended March 2026 at ₹68.8 crore, compared with ₹53.8 crore in the corresponding quarter last year. As per the exchange filing, revenue from operations during the quarter increased 27.7% to ₹351.4 crore against ₹267.4 crore a year ago, supported by…

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SpaceX IPO Filing: Musk ownership, big losses and Starlink revenue among key takeaways

SpaceX IPO Filing: Musk ownership, big losses and Starlink revenue among key takeaways

Elon Musk’s SpaceX has officially filed its IPO papers with the Securities and Exchange Commission (SEC), setting itself up for a potential debut on the Nasdaq as early as next month. The prospectus highlights significant losses, high ownership control for the world’s richest individual, and revenue dependence on one of Musk’s own companies. As per…

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