Prediction market Kalshi shows 93% betting that Anthropic will go public before OpenAI, a shift from earlier tied predictions. Anthropic is reportedly profitable for two consecutive quarters and has a higher revenue run rate ($65 billion) compared to OpenAI's $40 billion in 2026. However, OpenAI's losses are linked to heavy investment in AI infrastructure, with relatively low capital spending and no debt. Business customer growth is also shifting, with OpenAI gaining ground. The market sentiment may not fully reflect the nuanced financial realities of both companies' IPO readiness.
Kroger reported mixed Q2 earnings with adjusted EPS of $1.09 beating estimates, but revenues slightly below expectations at $34.62 billion. Despite slower sales growth, Kroger maintained its full-year adjusted EPS guidance of $5.10 to $5.30, supporte...
Enbridge Inc. is expanding its crude oil infrastructure by acquiring Tallgrass Energy's crude oil business for $2.55 billion. This move strengthens its presence in key U.S. oil regions and is funded partly by a recent $3 billion public offering. Desp...
RF Industries reported a record quarterly revenue of $23.96 million, a 21% increase from last year, surpassing analyst expectations. Although earnings per share slightly missed estimates at $0.19 versus $0.20, the company showed strong year-over-year...
Morgan Stanley analyst Joe Laetsch raised Valero Energy's price target to $411, signaling a potential 3.18% upside from its current price. Institutional investors like Virginia Retirement Systems and Gamco Investors are initiating new positions, whil...
Hain Celestial reported a Q4 2026 loss per share of $0.05, missing analyst estimates of $0.03 loss, with revenues down to $263.07 million from $363.35 million a year ago. The company is selling its international business for $323 million to focus on ...
