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Plus: Anthropic’s prospectus comes with existential risks, 12-fold revenue growth; Oura postpones Nasdaq IPO, cites market uncertainty; OpenAI chases USD30b, unveils rival to Meta’s Muse.
Stocks drifted lower on Wall Street as long-term Treasury yields ticked higher. The S&P 500 fell 0.2% Tuesday. The Dow Jones Industrial Average slipped 0.3%, and the Nasdaq composite fell 0.1%. Stocks have been under pressure as oil prices have swung sharply amid the U.S. war with Iran, helping t...
U.S. stock markets were rattled by rising Treasury yields even as oil prices surged and additional concerns about the artificial intelligence sector weighed on investor sentiment.