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Anthropic IPO Could Come in ‘Weeks, Not Months’ — Top Hedge Fund Manager Sees $500 Billion Demand, Draws Parallels With SpaceX

by Rishabh Mishra | Oct 16, 2026 | General

Hedge fund manager and Altimeter Capital CEO Brad Gerstner expects AI firm Anthropic to go public within weeks, not months, and believes investor demand for the AI firm’s shares could exceed $500 billion. Imminent Public Offering Speaking to Scott Wapner on CNBC’s...

Chip Rout Finally Does What Scott Bessent’s Buybacks Couldn’t: Pulls Treasury Yields Back From 24-Year High

by Radhika Anilkumar Nadig | Oct 16, 2026 | General

Treasury yields pulled back from multi-decade highs Thursday, with a rout in semiconductor stocks sending investors into government bonds and delivering relief the Treasury Department has struggled to engineer for months. Chip Rout Sends Investors Into Bonds The...

Elon Musk Opens His Wallet for Ken Paxton, Billionaire Pours $158 Million Into Crucial Texas Senate Race

by Ananya Gairola | Oct 16, 2026 | General

Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk has poured $158 million into political groups backing Texas Attorney General Ken Paxton’s Republican Senate bid. Musk Routes $158 Million Through GOP Super PAC Federal...

Dow Jumps Over 550 Points Following Economic Data: Investor Sentiment Improves, But Fear & Greed Index Remains in ‘Fear’ Zone

by Avi Kapoor | Oct 16, 2026 | General

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Fear” zone on Thursday. U.S. stocks settled higher on Thursday, with the Dow Jones index gaining over 550 points during the session as investors...

Pete Hegseth Firing Looms? Prediction Markets Bet on Trump Move

by Rounak Jain | Oct 16, 2026 | General

Defense Secretary Pete Hegseth was overruled by President Donald Trump on Thursday after proposing a livestream of the execution of the former Army major who killed 13 people in 2009. Impeachment Article Against Hegseth Hegseth has also been under scrutiny after...
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