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Amazon (AMZN.O): Amazon Bedrock now supports OpenAIs GPT-5.6 models Terra and Luna in India, and supports cross-regional inference in the India region.August 28th - According to The Information, citing sources familiar with the matter, Anthropic is considering allowing existing shareholders to sell some of their existing shares during the IPO, unlike large tech companies such as SpaceX (SPCX.O) which do not allow shareholders to sell shares in their IPOs. This move could allow early investors, executives, and employees to cash in some of their paper wealth. The sources said Anthropic plans to publicly release its IPO prospectus after Labor Day (September 7th) and expects to hold an investor day for potential investors and research analysts in mid-September. The IPO could take place as early as late September or early October, but the timing could still be delayed.On August 28, according to a report by Irans Mehr News Agency on the 27th, the intelligence agency of the Iranian Islamic Revolutionary Guard Corps issued a statement saying that, based on an assessment of political, economic, social, and military developments over the past 60 days, the enemy is increasingly employing cognitive and intelligence warfare tactics to adjust its strategy against Iran. The statement said that these actions mainly include downplaying the importance of the Strait of Hormuz to Irans national security, weakening the influence of the "Resistance Front," strengthening the maritime blockade against Iran, and amplifying domestic contradictions, economic weaknesses, and social discontent to weaken its internal cohesion. The statement also said that Iran is currently strengthening its national resilience, maintaining asymmetric warfare capabilities, and continuously controlling the Strait of Hormuz. Iran is no longer in a passive state of responding to external attacks, but is seeking to enhance its strategic initiative.According to The Information: Anthropic is considering allowing shareholders to sell shares during the IPO.According to The Information, Anthropic is also considering setting a longer stock lock-up period to control post-IPO stock price volatility.

S&P 500, NASDAQ Composite Finish Higher Despite Rate Hike Expectations

Jimmy Khan

Dec 26, 2022 16:24

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Despite a jump in Treasury yields and economic data that indicated consumer inflation was falling but not quickly enough for the Fed to halt its intentions to keep increasing interest rates, the benchmark S&P 500 Index and the tech-heavy NASDAQ Composite finished higher on Friday.


Numerous studies from the Commerce Department and the University of Michigan revealed that although consumer spending, which makes up roughly 70% of the U.S. economy, is slowing down, inflation also seems to be.


Coming home sales registered a surprise boost, and consumer confidence rose more than anticipated, despite the Fed's expectation to hike rates throughout the new year and the widespread forecast of a recession in 2023 among experts.


The S&P 500 Index ended the day on Friday at 3844.82, up 22.43 or +0.59%. The Dow Jones Industrial Average closed at 33203.93, up 175.44 or +0.53%, while the NASDAQ Composite ended at 10497.86, up 21.74 or +0.21%.

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