Articles by Jennifer Song
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CoreWeave (CRWV) beat Q3 revenue estimates and raised its forecast. Its equipment spending topped operating cash by $7.5 billion.
Revenue rose 168% to $3.66 billion, and the 2026 outlook went up. Equipment spending ran $7.5 billion ahead of operating cash, and interest expense was four times operating income.
Anthropic's (ANT) seven co-founders plan to sell $1.75 billion of stock in the IPO. Each would keep more than 98% of their shares.
Each of Anthropic's seven co-founders plans to sell 3,378,378 shares in the IPO, about $250 million apiece at $74. They're locked up for up to a year afterward, and a fund tied to a board member may buy up to $300 million.
SoftBank (SFTBY) reports a $7 billion loss, including $3.7 billion tied to power equipment it paid for early for AI data centers
SoftBank paid $9.5 billion in advance for power equipment for US AI data centers, then changed its plans. Its CFO also answered Elon Musk's claim that SoftBank defaulted on turbine orders.
Rocket Lab (RKLB) beats revenue estimates, posts wider loss as backlog reaches $3.57 billion
Iridium deal costs helped push Rocket Lab's loss past forecasts. Meanwhile, some Neutron launches now sell for $70 million, and the first 16 are booked before the rocket has flown.
AST SpaceMobile (ASTS) moves its 45-satellite target to mid-2027
AST SpaceMobile's third-quarter release targets about 45 BlueBird satellites in orbit by the middle of 2027. In March, the goal was 45 to 60 satellites by the end of 2026. Twelve are in orbit now.
Disney (DIS) hires Adobe (ADBE) to build private AI models after its OpenAI deal fell apart
Adobe will build AI models trained on Disney's own characters, for Disney's staff. Disney's last big AI deal, with OpenAI's Sora, ended in March.
Constellation Energy (CEG) earned $5.06 a share, well above estimates, and raised its 2026 forecast
The new 2026 range starts at the top of the old one. Constellation also signed a new 20-year nuclear supply deal and a conditional $5 billion DOE loan commitment.
Anthropic reportedly paid $3.4 billion to take over OnePWR's Caterpillar (CAT) gas generator orders
A Piper Sandler deal page backs the $3.4 billion figure without naming the buyer. Anthropic's IPO filing says some planned data centers rely on on-site gas generation.
Congressman Josh Gottheimer's AI stock buys and his much larger Microsoft (MSFT) trades
Our Capitol tracker shows his October Benchmark and Applied Materials buys, 3,504 disclosed trades since 2017, and AMD purchases that came before the vote.
Berkshire (BRK-B) bought back a record $9.6 billion as profit fell. Its June Alphabet (GOOGL) shares are down about 19%.
Greg Abel leaned into Berkshire's own stock as Geico's underwriting profit sank 45%. The Alphabet shares Berkshire bought in June now sit below its price.
Scottish Mortgage exited Tesla (TSLA) and cut SpaceX (SPCX) to 11.1% of assets. Its report shows what it bought.
Scottish Mortgage sold its last Tesla shares and cut SpaceX to 11.1% of assets. We estimated how much SpaceX stock left the fund and read what came in.
Alphabet's (GOOGL) $548 million Qualcomm (QCOM) stake traces back to a startup sale. SpaceX is about 95% of the filing.
Alphabet's new Qualcomm stake sits with GV, which got Qualcomm stock when Qualcomm bought Modular. We traced the shares through both companies' filings.
The national data center moratorium bill would halt work already underway. Only 22 members of Congress have signed on.
The Sanders and Ocasio-Cortez moratorium bill would stop AI data center work in progress and could limit Nvidia's chip exports. We counted the votes it would need.
Congress won't get a vote on a Tesla (TSLA) and SpaceX (SPCX) merger. Filings show what a deal would need.
Tesla and SpaceX filings describe the approvals a merger would need. Elon Musk is outside the talks but on SpaceX's list, and Tesla's vote is the hard part.
Agility Robotics (AGLT), the first US humanoid robot stock, closed above $10 on day one. First-half sales were $174,000.
Agility Robotics closed above its $10 merger price after a volatile Nasdaq debut. Here's what the merger filing shows about its sales, cash, and $300 million robot order.
AppLovin (APP) beat estimates and forecast Q4 sales well above Wall Street. This year's worst S&P 500 stock jumped after hours.
AppLovin's Q3 results and Q4 forecast topped Wall Street after a nearly 60% drop this year. Here's what drove the growth and what the forecast implies next.
Intel (INTC) CEO Lip-Bu Tan buys $9.7 million in shares after the stock's 45% October drop
Lip-Bu Tan's Form 4 reports something his two earlier purchases as Intel's CEO didn't: multiple trades at market prices.
Riot Platforms (RIOT) filing names Anthropic as the tenant in its $28 billion Corsicana lease
Riot's press release calls the tenant a Frontier AI Lab. Its 10-Q names Anthropic, which will own the computing gear at Corsicana and pay rent on all 910 megawatts, used or not.
Apple's (AAPL) new AI warning: agents could defy instructions and hide their actions
Apple's AI risk section didn't exist a year ago. We traced it through five filings and compared it with what Alphabet, Microsoft, and Anthropic have told investors.
Google (GOOGL) could replace Anthropic as TeraWulf's (WULF) tenant on $19 billion of leases if Anthropic defaults
Google agreed to backstop Anthropic's leases at TeraWulf's Kentucky campus. The filed agreement shows Google could become the tenant in a default, and Anthropic must use Google-approved chips there.
Arista Networks (ANET) forecasts about $18.5 billion in 2027 revenue after its fastest growth since its IPO
Arista's revenue rose 58.5%, its fastest growth since its IPO, and it forecast about $18.5 billion for 2027. AI networking revenue should double to about $7 billion.
Alphabet (GOOGL) pays more on euro bonds, then lines up a $1.5 billion muni energy deal
Alphabet's new euro bonds cost more than its May bonds at every maturity the two sales share. A day later, its name turned up on a proposed $1.5 billion California energy bond deal.
Palantir (PLTR) U.S. commercial revenue tops government sales for the first time as revenue jumps 96%
Palantir's U.S. business customers outspent the U.S. government for the first time, and the company raised its 2026 forecast. The value of new contracts grew just 6%.
Meta (META) raised about $25 billion in dollar and euro bonds in two days. The dollar notes cost far more than in April.
Meta sold €9 billion of euro notes a day after $15 billion of dollar bonds. Its 10-Q shows how much it already owes, and what its data center ventures borrowed on the side.