Economy

AI stocks slid in overnight trading after Democrats won midterm victories, including the Texas governor race, raising fears of data center moratoriums in a key tech hub.

Anthropic disclosed preliminary third-quarter financial results to investors this week, reporting $16.8 billion in revenue, according to The New York Times’ DealBook.

An unidentified European entity may have lost more than $106 million from accounts at multiple cryptocurrency exchanges on Sunday, according to blockchain investigator ZachXBT.

South Korea’s Financial Services Commission (FSC) has urged domestic cryptocurrency exchanges to increase the proportion of customer assets held in offline cold wallets following a $6.3 billion attack on Binance last week.

The Reserve Bank of Australia warned that inflation will remain elevated through much of 2027.