Morning market brief notes Anthropic policy update banning abuse of its AI
One item in a financial morning brief says Anthropic updated its usage policy to prohibit abusive or cruel behavior toward its AI models.
-Here are your friday morning market headlines- (Subscribe to get these every weekday morning) - Trump says anyone using the term "artificial intelligence" rather than "super intelligence" to be "THE ENEMY!" - OpenAI’s annualized revenue is now $20B below previous guidance - Trump administration has suspended several tech companies, including $MSFT & $ADBE, from sponsoring workers for permanent US residency - US government moves over $1bil worth of Bitcoin seized from Bitfinex hack to unknown wallet - U.S. federal budget deficit soared to nearly $2T in the last fiscal year that ended Sept. 30 - Trump bought as much as $25 million in $META stock and as much as $5 million in SpaceX debt two days before signing U.S. space policy - The "AI Big 10" now accounts for a record 42% of US stock market cap - Starbucks reportedly explores takeover of Chipotle $SBUX $CMG - $META bans ads from TikTok parent ByteDance - $AMZN to lay off over 1,000 workers in its Stores unit - $AAPL scales back iPhone 18 Pro orders after "weaker than expected" demand, chip costs. Set to unveil touchscreen MacBook, new iPad mini soon - 3 OpenAI safety researchers allege they were fired last week for prioritizing AI safety over the company's “corporate interests.” - $T, $VZ, $TMUS falls after $SPCX announces they are acquiring a spectrum license to become a major mobile carrier in the US - live-action ‘CYBERPUNK 2077’ movie is in the works at $PSKY - Anthropic updates its usage policy to ban users engaging in "abusive or cruel behavior" toward its AI models - Canada's unemployment rate rises to 6.5% in September - $LITE CEO says its optical components are "completely sold out" through early 2029 on demand for faster AI data centers. $COHR, $AAOI rise - $DASH seen as “secondary trade” behind the GTA 6 release because more people will be ordering food from home while playing GTA 6 - $AAOI is adding $BE fuel cells to power its Taiwan expansion - Samsung becomes the first tech company ever to forecast over ₩100 trillion ($74.7B) in quarterly profit - $AMZN is reportedly paying $15 million a year to bring the Emmys to Prime Video - $EA launches a platform to put more ads in its games - $LLY backed TRexBio prices $117M US IPO at $14 per share $TRXB - $VEEA regains compliance - $RTX $6.34B deal for Standard Missile-3 production - $KOPN additional $18.6M U.S. Army contract - $WMT opens next-generation fulfillment center in California - $LYFT agrees to pay a $272.5 million settlement to California drivers who worked from 2016 to 2020 - $IMSR NRC filing for reactor plant - $FSLY upgrade from Oppenheimer - $BYND broadens product lineup seeking to revive sales