Anthropic, an artificial intelligence startup, is anticipated to achieve an annualized revenue surpassing $850 million by the conclusion of 2024. Initially projecting a revenue rate of $100 million three months ago, the company had aimed for a $500 million target by...
U.S. Dollar Faces Pressure Amid Cooling Inflation, Fed Rate Cut Expectations in Global Markets The U.S. dollar encounters hurdles in gaining traction across global currency markets, impacted by recent indicators signaling a slowdown in U.S. inflation. This trend is...
Amidst a prolonged bull run in equity markets, experts highlight the outperformance of midcap and smallcap segments compared to their larger counterparts. As of December 22 this year, the BSE smallcap index surged by 45.20%, with a jump of 13,074.96 points, while the...
Morgan Stanley has boosted its assessment of JFrog Ltd. (FROG) shares, shifting the rating from Equal-Weight to Overweight. The investment bank also revised the price target for the stock, setting it at $42, up from the previous $32 per share. Analysts at Morgan...
Citi Economists: Fed Communications Trigger Market Surge, Diverge from Expected Cuts Recent statements by Federal Reserve speakers have prompted Citi economists to observe an apparent market overreaction, resulting in a significant upswing in stocks and bonds. Despite...