Anthropic PBC’s landmark initial public offering is laying bare the stark extremes of the AI boom business model: astonishing growth but deep uncertainty about unpredictable demand and the massive spending required to continue building the resource-intensive technology.

Artificial intelligence startup Anthropic unveils its first public IPO filing ahead of what is expected to be one of the largest stock debuts in history.

AI-linked stocks rose on Monday after Anthropic revealed the paperwork for its initial public offering, against the backdrop of growing investor unease ​over debt-fueled spending on infrastructure for the new technology.

NEW YORK >> U.S. stocks closed higher today, with the S&P 500 and Nasdaq coming off consecutive weekly declines, as Anthropic’s IPO filing helped boost sentiment in AI-related stocks in a week filled with a host of market catalysts.

Skydance is offering a one-time voluntary buyout offer to certain employees, as Paramount and Warner Bros. Discovery merge operations.

Skydance Corp. is offering voluntary buyouts to some employees while requiring workers to return to office five days a week, CNBC reported Monday. Nearly three weeks after completing its $111 billion acquisition of Warner Bros.

"As we bring our teams together, we recognize that not everyone will see their future here, and we respect that," Skydance CEO David Ellison and co-CEO Ynon Kreiz said in the memo. The communication also said employees who qualify for the buyout program would be notified of the terms and given a window to decide whether to accept the one-time offer.

Skydance CEO David Ellison and co-CEO Ynon Kreiz are implementing a five-day RTO policy. Read the memo to employees.

Crude futures fell in choppy trading as the market kept an eye on diplomatic efforts to ease tensions across the Middle East and in Russia-Ukraine.

Oil prices edged lower on Tuesday as the potential for a resolution in the US-Israeli war on Iran kept supply fears at bay, but Brent stayed close to six-month highs as attacks on Saudi Arabia lowered hopes of immediate stability in the region.

Oil prices rebounded in early European trading after falling earlier in the session, as traders focused on diplomatic efforts to avert further escalation between the U.S. and Iran.

Oil prices edged lower on Tuesday as the potential for a ‌resolution in the US-Israeli war on Iran kept supply fears at bay, but Brent stayed close to six-month highs as attacks on Saudi Arabia lowered hopes of immediate stability in the region.

Saudi Arabia plans to store crude oil at Singapore's Jurong Rock Caverns from the second half of 2027 to strengthen ​supply security in the region, energy ministers from both countries said on ‌Monday.

Singapore will store Saudi Arabian oil in caverns in the city-state from the second half of next year, part of a plan by the kingdom to cope with disruptions from the US-Iran war.

Saudi Arabia plans to store crude oil in Singapore’s Jurong Rock Caverns starting in the second half of 2027, bringing supplies closer to Asian markets after the Iran war disrupted shipments through the Strait of Hormuz.

SINGAPORE — Saudi Arabia and Singapore's energy ministries announced on Monday their joint intention to establish a crude oil storage arrangement in Singapore, aimed at strengthening energy security and supply chain resilience. To mark the announcement, Singapore’s Energy Market Authority (EMA) and JTC Corporation exchanged a Memorandum of Understanding (MoU) with Saudi Aramco during Singapore International Energy Week (SIEW). Under the proposed...