Anthropic IPO valuation hinges on revenue
As Anthropic prepares for what could be one of the biggest IPOs on record, Wall…
Anthropic IPO valuation hinges on revenue
As Anthropic prepares for what could be one of the biggest IPOs on record, Wall Street is looking further into the future than it commonly does to put a price on the AI company, valuing it based on how much revenue it could generate two years from now. Anthropic is projecting 2028 revenue of roughly…
Saud expects extra bounce at Headingley
Familiar with Yorkshire’s home ground, Saud says the conditions could offer more bounce Pakistan’s seasoned Test batsman Saud Shakeel said his century in the warm-up victory over a PCC Select XI has given him confidence ahead of the Test series in England, while the left-hander expects conditions to offer a different challenge from those seen…
Most US voters say they are worse off under Trump: poll
Democrats lead Republicans 44% to 39% ahead of November midterms, Financial Times poll shows US President Donald Trump makes an announcement on American nuclear innovation in the Oval Office at the White House in Washington, DC, US, July 24, 2026. REUTERS Most United States voters say their finances have worsened since President Donald Trump returned…
S&P 500 slips from record
SAN FRANCISCO: The S&P 500 closed lower on Friday, dipping from a record high and weighed down by Applied Materials, while investors digested weaker-than-expected retail sales data. Applied Materials fell 5.1% after its upbeat quarterly forecast failed to impress investors. The chip equipment maker’s shares have doubled in 2026 due to strong demand related to…
Marchand wins first Euros gold as Liebmann breaks 1500m free world record
France’s Leon Marchand stormed to 200m butterfly gold in 1:51.72 to claim his first European title. Photo: AFP PARIS: French four-time Olympic gold medallist Leon Marchand won the 200m butterfly final at the European championships in Paris on Saturday to claim his first continental title, while German teenager Johannes Liebmann smashed the 1,500m freestyle world…
Trump wants more economic pressure on Iran. What are his options?
Options include sanctions on Chinese refiners and banks, land blockade, new secondary tariffs US President Donald Trump looks on as he boards Air Force One en route to Morristown Airport in Morristown, New Jersey, at Joint Base Andrews, Maryland, US, May 22, 2026. Photo: REUTERS/file United States President Donald Trump on Friday vowed to hit Iran…
Turkiye eyes stronger trade, new JVs
Says business leaders not merely conduct trade but also build bridges of friendship ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) hosted its International Excellence Awards 2026 in Istanbul, bringing together senior Turkish government officials, diplomats, leading Pakistani and Turkish business figures and representatives of the business community to celebrate Pakistan’s entrepreneurial excellence and…
Rain holds up India on day-2 of Sri Lanka Test
GALLE: Rain prevented play in the morning session on the second day of the first cricket Test between Sri Lanka and India in Galle on Sunday. The heavy downpour in the coastal town denied India an opportunity to build on their good start in the country’s 600th Test. The tourists ended the opening day on…
Sevilla rally, Alaves cruise in La Liga opener
LONDON: Sevilla scored from two second-half penalties as they came roaring back from a goal down to beat Rayo Vallecano 2-1 at home and Alaves hammered 10-man Getafe 3-0 as Spain’s LaLiga got under way on Saturday evening. In a hotly contested late kick-off, a dreadful defensive error by Arouna Sangante allowed Alvaro Garcia to…
Germany may continue to run some coal plants
FRANKFURT: Germany delayed this week an interim report about the implications of the lignite exit in its biggest state, fuelling market expectations that the government could choose to let some plants run longer than initially planned. What has happened? Germany agreed in 2022 with its biggest power producer RWE to phase out lignite-fired power production…
