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April 9 (Reuters) - U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with bank CEOs this week to warn of cyber risks posed by Anthropic's latest AI model, two sources familiar with the matter said on Thursday. Anthropic launched the powerful Mythos model earlier this week but stopped short of a broad release, citing concerns it could expose previously unknown cybersecurity vulnerabilities. The company said the model was capable of identifying and exploiting weaknesses across "every major operating system and every major web browser". The meeting, held at the Treasury Department in Washington on Tuesday, was aimed at ensuring banks are aware of the potential risks posed by Mythos and similar models, and are taking steps to defend their systems, one of the sources said. The invitation came while most CEOs of the largest U.S. banks were already in Washington to attend other meetings, one of the sources said. Access to Mythos will be limited to about 40 technology companies, including Microsoft and Google, and Anthropic has been in ongoing talks with the U.S. government about the model's capabilities, the startup has said. Bloomberg News, which first reported the matter on Thursday, said the CEOs of Citigroup, Morgan Stanley, Bank of America, Wells Fargo and Goldman Sachs were present. JPMorgan CEO Jamie Dimon was unable to join, one of the sources told Reuters. Goldman Sachs and the Federal Reserve declined to comment. The Treasury, lenders and Anthropic did not immediately respond to Reuters' requests for comment. (Reporting by Saeed Azhar in New York, Carlos Méndez in Mexico City; Writing by Chris Thomas; Editing by Sumana Nandy)
OpenAI told investors this week that its early aggressive move to increase computing resources gave it a key advantage over Anthropic in their competition, while Anthropic was continuing to scale up and considering a potential IPO. After Anthropic released a more powerful AI model called Mythos, OpenAI sent a memo to some investors, stating that it had surpassed Anthropic by increasing computing power "rapidly and consistently" to support broader adoption of its software. The memo noted that this ambitious infrastructure buildout plan enabled OpenAI to better meet the growing demand for AI products, despite criticism that the costs were too high.

Anthony Scaramucci said Thursday he plans to invest in SpaceX's upcoming initial public offering even while acknowledging that Elon Musk's personal following inflates the company's valuation beyond what traditional measures would justify. Scaramucci Sees Premium But Still Buys Scaramucci said he still sees the investment case as compelling because Starlink alone is "worth a fortune," even if the broader company valuation, reported in recent days at roughly $1.75 trillion to more than $2 trillion, strains conventional logic. He added that he is especially intrigued by the prospect of orbital data centers powered by solar energy in space and beamed back to Earth through satellites, calling the concept "fascinating" and saying that while it sounds like science fiction now, he believes Musk is "better positioned to do it than anyone else on earth" to make it real. SpaceX IPO Would Rewrite Listing RecordsWhat Prediction Markets Say Polymarket traders currently assign a 62% chance that SpaceX will list in June. They also place a 39% probability on the company ending its first trading day with a valuation between $1.5 trillion and $2 trillion. Photo courtesy: Al Teich / Shutterstock.com Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.

April 9 : U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with bank CEOs this week to warn of cyber risks posed by Anthropic's latest AI model, two sources familiar with the matter said on Thursday. Anthropic launched the powerful Mythos model earlier this week but stopped short of a broad release, citing concerns it could expose previously unknown cybersecurity vulnerabilities. The company said the model was capable of identifying and exploiting weaknesses across "every major operating system and every major web browser". The meeting, held at the Treasury Department in Washington on Tuesday, was aimed at ensuring banks are aware of the potential risks posed by Mythos and similar models, and are taking steps to defend their systems, one of the sources said. The invitation came while most CEOs of the largest U.S. banks were already in Washington to attend other meetings, one of the sources said. Access to Mythos will be limited to about 40 technology companies, including Microsoft and Google, and Anthropic has been in ongoing talks with the U.S. government about the model's capabilities, the startup has said. Bloomberg News, which first reported the matter on Thursday, said the CEOs of Citigroup, Morgan Stanley, Bank of America, Wells Fargo and Goldman Sachs were present. JPMorgan CEO Jamie Dimon was unable to join, one of the sources told Reuters. Goldman Sachs and the Federal Reserve declined to comment. The Treasury, lenders and Anthropic did not immediately respond to Reuters' requests for comment.
April 9 (Reuters) - Elon Musk's IPO-bound SpaceX posted a loss of nearly $5 billion in 2025 on revenue of more than $18.5 billion, The Information reported on Thursday, citing sources. Reuters could not immediately verify the report. SpaceX did not immediately respond to a Reuters' request for comment outside regular business hours. Reporting by Mrinmay Dey in Mexico City; Editing by Sumana Nandy and Subhranshu Sahu Our Standards: The Thomson Reuters Trust Principles., opens new tab

SpaceX is planning to launch a Falcon 9 rocket from Vandenberg Space Force Base on Friday night. The rocket is scheduled to launch between 7:39 p.m. and 11:39 p.m. on April 10. The rocket will carry the Starlink 17-21 mission to low-Earth orbit. Starlink is SpaceX's high-speed broadband satellite internet service designed to reach rural and remote communities. Following stage separation, SpaceX will aim to land the rocket's first stage booster on the "Of Course I Still Love You" droneship stationed in the Pacific Ocean so it can potentially be used again. A live webcast of the launch will begin about five minutes prior to liftoff: SpaceX - Starlink Mission

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April 9 (Reuters) - U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with bank executives on Tuesday to warn them about the cyber risks raised by Anthropic's latest AI model, Bloomberg News reported, citing sources. The meeting at the Treasury Department in Washington aimed to ensure banks are aware of potential risks posed by Anthropic's Mythos and similar models, and are taking steps to defend their systems, the report said on Thursday. Reuters could not immediately verify the report. (Reporting by Carlos Méndez in Mexico City; Editing by Sumana Nandy)

NEW YORK - US Treasury Secretary Scott Bessent and Federal Reserve chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest artificial intelligence model from Anthropic will usher in an era of greater cyber risk. Mr Bessent and Mr Powell assembled the group at Treasury's headquarters in Washington on April 7 to make sure banks are aware of possible future risks raised by Anthropic's Mythos and potential similar models, and are taking precautions to defend their systems, according to people familiar with the matter. A representative for the Treasury didn't immediately respond to a request for comment. A spokesperson for the Fed declined to comment. The previously unreported meeting, arranged on short notice, is another sign that regulators consider the possibility of a new breed of cyber attacks as one of the biggest risks facing the financial industry. All the banks summoned to the meeting are classified as systemically important by top regulators, meaning their stability is a priority for the global financial system. Anthropic's Mythos is a more powerful system that the AI firm has said is capable of identifying and then exploiting vulnerabilities in every major operating system and web browser when directed by a user to do so. Regulators' caution about the power of the model in hackers' hands echoes Anthropic's own prudence. Anthropic has limited the release of it to just a few major technology and finance firms at first. Those companies, which include Amazon.com Inc. and Apple Inc. as well as JPMorgan Chase & Co., are part of "Project Glasswing," which will work to secure the most important systems before other similar AI models become available. Anthropic has said that it has been in discussions prior to its recent release with US officials about Mythos and its "offensive and defensive cyber capabilities." Chief executive officers summoned to the meeting with the Fed and Treasury include Citigroup's Jane Fraser, Morgan Stanley's Ted Pick, Bank of America Corp.'s Brian Moynihan, Wells Fargo & Co.'s Charlie Scharf, and Goldman Sachs Group's David Solomon, said the people. JPMorgan's Jamie Dimon was unable to attend, the people said. Spokespeople for the banks declined to comment. A representative for Anthropic had no immediate comment. Anthropic has separately been battling the Trump administration in court. The Pentagon had labeled the company as a supply-chain risk, a designation that Anthropic has opposed. Earlier this week, a federal appeals court declined, at least for now, Anthropic's request that it put a pause to the Pentagon's designation. BLOOMBERG
April 9 (Reuters) - U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with bank executives on Tuesday to warn them about the cyber risks raised by Anthropic's latest AI model, Bloomberg News reported, citing sources. The meeting at the Treasury Department in Washington aimed to ensure banks are aware of potential risks posed by Anthropic's Mythos and similar models, and are taking steps to defend their systems, the report said on Thursday. Reuters could not immediately verify the report. (Reporting by Carlos Méndez in Mexico City; Editing by Sumana Nandy)
April 9 (Reuters) - Elon Musk's IPO-bound SpaceX posted a loss of nearly $5 billion in 2025 on revenue of more than $18.5 billion, The Information reported on Thursday, citing sources. Reuters could not immediately verify the report. SpaceX did not immediately respond to a Reuters' request for comment outside regular business hours. * The loss includes Musk's artificial intelligence startupxAI, which SpaceX acquired in February, according to the report. * SpaceX is the world's most active launch company and hasset out ambitions to make interplanetary travel viable. It hasalso outlined plans to deploy artificial intelligence datacenters in orbit. * The company, which confidentially filed for a U.S. listingin March, generated about $8 billion in profit last year onrevenue of $15 billion to $16 billion, Reuters reported inJanuary. * SpaceX is seeking a public listing at a potentialvaluation of more than $1.75 trillion. (Reporting by Mrinmay Dey in Mexico City; Editing by Sumana Nandy and Subhranshu Sahu)
April 9 (Reuters) - U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with bank executives on Tuesday to warn them about the cyber risks raised by Anthropic's latest AI model, Bloomberg News reported, citing sources. The meeting at the Treasury Department in Washington aimed to ensure banks are aware of potential risks posed by Anthropic's Mythos and similar models, and are taking steps to defend their systems, the report said on Thursday. Reuters could not immediately verify the report. (Reporting by Carlos Méndez in Mexico City; Editing by Sumana Nandy)
Elon Musk's SpaceX posted a loss of nearly $5 billion in 2025, even as revenues surged past $18.5 billion, The Information reported on Friday. The reported loss marks a sharp reversal from the company's performance a year earlier, when it generated around $8 billion in profit on revenues estimated between $15 billion and $16 billion. The swing highlights the growing costs tied to expansion bets and new technology investments. A key factor behind the loss is said to be the integration of xAI, Musk's artificial intelligence venture, which SpaceX acquired in February. The addition of xAI reflects the company's push to deepen its footprint in advanced computing and AI-driven infrastructure. SpaceX, led by billionaire entrepreneur Elon Musk, remains the world's most active launch provider, with a dominant share of global rocket launches. The company has been investing heavily in next-generation technologies, including reusable rocket systems, interplanetary travel capabilities, and space-based data infrastructure. It has also outlined ambitious plans to deploy artificial intelligence-powered data centres in orbit -- an initiative that could significantly increase capital expenditure in the near term while potentially opening new revenue streams over the longer horizon. The financial update comes at a critical juncture for SpaceX, which has filed confidentially for a US initial public offering in March. The company is said to be targeting a valuation exceeding $1.75 trillion, a figure that would place it among the most valuable companies globally.
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NEW YORK (AP) -- Calls are increasing inside Congress for investigations into the prediction market platform Polymarket after the latest instance where groups of anonymous traders made strategic, well-timed bets on a major geopolitical event hours before it occurred. On Wednesday, The Associated Press reported that at least 50 brand new accounts on Polymarket placed substantial bets on a U.S.-Iran ceasefire in the hours, even minutes, before President Donald Trump announced the ceasefire late Tuesday on social media. These were the sole bets made on Polymarket through these accounts. In January, an anonymous Polymarket user made a $400,000 profit by betting that Venezuelan leader Nicolas Maduro would be out of office, hours before Maduro was captured. In the hours before the start of the Iran war, another account made roughly $550,000 in a series of trades effectively betting that the U.S. would strike Iran and that Ayatollah Ali Khamenei would be removed from office. Such prescient wagers have raised eyebrows -- and accusations that prediction markets are ripe for insider trading. And the issue goes beyond these three geopolitical events, according to at least one report. Researchers at Harvard University released a paper last month where, using public blockchain data, they estimated that $143 million in profits have been made on Polymarket by individuals who potentially had insider information about events ranging from Taylor Swift's engagement to the awarding of the Nobel Peace Prize last year. Rep. Ritchie Torres, D-N.Y who sits on the House Financial Services Committee as well as the subcommittee on digital assets and financial technology, sent a letter Thursday to the Commodity Futures Trading Commission demanding the regulator review and investigate these well-timed trades. The CFTC regulates the derivatives markets, which includes prediction markets. "This pattern raises serious concerns that certain market participants may have had access to material nonpublic information regarding a market-moving geopolitical event," Torres wrote. The letter was shared exclusively with The AP. "What is the statistical likelihood that of anyone other than an insider trader placing a winning bet 12 minutes before a market-moving presidential announcement," Torres said in an interview with AP. "There are two answers: God, or an insider trader. And something tells me that God it not placing bets around Donald Trump's posts on Truth Social. " Prediction market platforms like Kalshi and Polymarket allow their users to bet on everything from whether it will rain in Phoenix, Arizona next week to whether the Federal Reserve will raise or lower interest rates. At this time, U.S. residents have limited access to Polymarket, which was banned from the U.S. in 2022. The company has moved to reenter the country by acquiring a CFTC-licensed exchange and clearinghouse, giving it a legal pathway to start offering contracts domestically. The company has begun a limited rollout in the U.S. Polymarket also operates a separate, crypto-based platform offshore that remains outside U.S. jurisdiction. That platform accounts for most of its activity. Sen. Richard Blumenthal, D-Connecticut, sent a letter to Polymarket on Thursday demanding the company explain why it continues to allow trades on war and violence as well as whether the company is making any efforts to keep insiders from trading on the platform. "Polymarket has become an illicit market to sell and exploit national security secrets unlike any in history, and by extension a potential honeypot for foreign intelligence services watching for those same suspicious bets and wagers," Blumenthal wrote. Republicans have also criticized these platforms and called for bans on these sorts of bets. There are at least two bills pending in Congress co-signed by both parties, one in the House and one in the Senate. "We don't want to imagine a world where America's adversaries use prediction markets to anticipate our next move," said Rep. Blake Moore, R-Utah, after the release of the AP's findings on the ceasefire wagers. Polymarket did not immediately reply to a request for comment. The stakes are high for both Kalshi and Polymarket as they seek approval to operate in the U.S. and nationwide, particularly in the lucrative sports betting market. Kalshi, which is already regulated in the U.S., and its executives have a goal of making the company the nation's dominant prediction market. Kalshi has also leaned heavily into sports, which critics have said effectively makes it a sports betting platform that dabbles in event-based contracts on the side. Both companies have also announced partnerships with sports teams and even news organizations to broaden their reach as well. The competition also carries political overtones. Donald Trump Jr. is an investor in Polymarket through his venture capital firm, 1789 Capital, and separately serves as a paid strategic adviser to Kalshi. Ken Sweet, The Associated Press NEW YORK (AP) -- Calls are increasing inside Congress for investigations into the prediction market platform Polymarket after the latest instance where groups of anonymous traders made strategic, well-timed bets on a major geopolitical event hours before it occurred. On Wednesday, The Associated Press reported that at least 50 brand new accounts on Polymarket placed Business NEW YORK (AP) -- Calls are increasing inside Congress for investigations into the prediction market platform Polymarket after the latest instance where groups of anonymous traders made strategic, well-timed bets on a major geopolitical event hours before it occurred. On Wednesday, The Associated Press reported that at least 50 brand new accounts on Polymarket placed substantial bets on a U.S.-Iran ceasefire in the hours, even minutes, before President Donald Trump announced the ceasefire late Tuesday on social media. These were the sole bets made on Polymarket through these accounts. In January, an anonymous Polymarket user made a $400,000 profit by betting that Venezuelan leader Nicolas Maduro would be out of office, hours before Maduro was captured. In the hours before the start of the Iran war, another account made roughly $550,000 in a series of trades effectively betting that the U.S. would strike Iran and that Ayatollah Ali Khamenei would be removed from office. Such prescient wagers have raised eyebrows -- and accusations that prediction markets are ripe for insider trading. And the issue goes beyond these three geopolitical events, according to at least one report. Researchers at Harvard University released a paper last month where, using public blockchain data, they estimated that $143 million in profits have been made on Polymarket by individuals who potentially had insider information about events ranging from Taylor Swift's engagement to the awarding of the Nobel Peace Prize last year. Rep. Ritchie Torres, D-N.Y who sits on the House Financial Services Committee as well as the subcommittee on digital assets and financial technology, sent a letter Thursday to the Commodity Futures Trading Commission demanding the regulator review and investigate these well-timed trades. The CFTC regulates the derivatives markets, which includes prediction markets. "This pattern raises serious concerns that certain market participants may have had access to material nonpublic information regarding a market-moving geopolitical event," Torres wrote. The letter was shared exclusively with The AP. "What is the statistical likelihood that of anyone other than an insider trader placing a winning bet 12 minutes before a market-moving presidential announcement," Torres said in an interview with AP. "There are two answers: God, or an insider trader. And something tells me that God it not placing bets around Donald Trump's posts on Truth Social. " Prediction market platforms like Kalshi and Polymarket allow their users to bet on everything from whether it will rain in Phoenix, Arizona next week to whether the Federal Reserve will raise or lower interest rates. At this time, U.S. residents have limited access to Polymarket, which was banned from the U.S. in 2022. The company has moved to reenter the country by acquiring a CFTC-licensed exchange and clearinghouse, giving it a legal pathway to start offering contracts domestically. The company has begun a limited rollout in the U.S. Polymarket also operates a separate, crypto-based platform offshore that remains outside U.S. jurisdiction. That platform accounts for most of its activity. Sen. Richard Blumenthal, D-Connecticut, sent a letter to Polymarket on Thursday demanding the company explain why it continues to allow trades on war and violence as well as whether the company is making any efforts to keep insiders from trading on the platform. "Polymarket has become an illicit market to sell and exploit national security secrets unlike any in history, and by extension a potential honeypot for foreign intelligence services watching for those same suspicious bets and wagers," Blumenthal wrote. Republicans have also criticized these platforms and called for bans on these sorts of bets. There are at least two bills pending in Congress co-signed by both parties, one in the House and one in the Senate. "We don't want to imagine a world where America's adversaries use prediction markets to anticipate our next move," said Rep. Blake Moore, R-Utah, after the release of the AP's findings on the ceasefire wagers. Polymarket did not immediately reply to a request for comment. The stakes are high for both Kalshi and Polymarket as they seek approval to operate in the U.S. and nationwide, particularly in the lucrative sports betting market. Kalshi, which is already regulated in the U.S., and its executives have a goal of making the company the nation's dominant prediction market. Kalshi has also leaned heavily into sports, which critics have said effectively makes it a sports betting platform that dabbles in event-based contracts on the side. Both companies have also announced partnerships with sports teams and even news organizations to broaden their reach as well. The competition also carries political overtones. Donald Trump Jr. is an investor in Polymarket through his venture capital firm, 1789 Capital, and separately serves as a paid strategic adviser to Kalshi. Ken Sweet, The Associated Press

April 9 (Reuters) - Elon Musk's IPO-bound SpaceX posted a loss of nearly $5 billion in 2025 on revenue of more than $18.5 billion, The Information reported on Thursday, citing sources. Reuters could not immediately verify the report. SpaceX did not immediately respond to a Reuters' request for comment outside regular business hours. (Reporting by Mrinmay Dey in Mexico City; Editing by Sumana Nandy and Subhranshu Sahu)
April 9 (Reuters) - U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with bank executives on Tuesday to warn them about the cyber risks raised by Anthropic's latest AI model, Bloomberg News reported, citing sources. The meeting at the Treasury Department in Washington aimed to ensure banks are aware of potential risks posed by Anthropic's Mythos and similar models, and are taking steps to defend their systems, the report said on Thursday. Reuters could not immediately verify the report. (Reporting by Carlos Méndez in Mexico City; Editing by Sumana Nandy)
April 9 (Reuters) - U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with bank executives on Tuesday to warn them about the cyber risks raised by Anthropic's latest AI model, Bloomberg News reported, citing sources. The meeting at the Treasury Department in Washington aimed to ensure banks are aware of potential risks posed by Anthropic's Mythos and similar models, and are taking steps to defend their systems, the report said on Thursday. Reuters could not immediately verify the report. (Reporting by Carlos Méndez in Mexico City; Editing by Sumana Nandy)
April 9 (Reuters) - U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with bank executives on Tuesday to warn them about the cyber risks raised by Anthropic's latest AI model, Bloomberg News reported, citing sources. The meeting at the Treasury Department in Washington aimed to ensure banks are aware of potential risks posed by Anthropic's Mythos and similar models, and are taking steps to defend their systems, the report said on Thursday. Reuters could not immediately verify the report. (Reporting by Carlos Méndez in Mexico City; Editing by Sumana Nandy)
April 9 (Reuters) - Elon Musk's IPO-bound SpaceX posted a loss of nearly $5 billion in 2025 on revenue of more than $18.5 billion, The Information reported on Thursday, citing sources. Reuters could not immediately verify the report. SpaceX did not immediately respond to a Reuters' request for comment outside regular business hours. * The loss includes Musk's artificial intelligence startupxAI, which SpaceX acquired in February, according to the report. * SpaceX is the world's most active launch company and hasset out ambitions to make interplanetary travel viable. It hasalso outlined plans to deploy artificial intelligence datacenters in orbit. * The company, which confidentially filed for a U.S. listingin March, generated about $8 billion in profit last year onrevenue of $15 billion to $16 billion, Reuters reported inJanuary. * SpaceX is seeking a public listing at a potentialvaluation of more than $1.75 trillion. (Reporting by Mrinmay Dey in Mexico City; Editing by Sumana Nandy and Subhranshu Sahu)
Ben Bajarin / @benbajarin: I liked the $AMZN shareholder letter. I take point 4 with a grain of salt (trn is largely AWS as a customer and Anthropic). Points 5 and 6 are most important for the "durability" of the cycle debate. https://www.aboutamazon.com/ ... Jassy's shareholder letter is making Amazon's return on AI CAPEX even more clear: - Most of the AWS CAPEX for 2026 is already backed by customer commitments - AWS could be growing even faster than 24% with more capacity. Multiple customers have asked to buy all Graviton CPU supply for 2026 - AWS AI annualized revenue is over $15 billion as of Q1 26 - $20 billion in annual chip rental revenue (translates to $50 billion in equivalent sales if selling externally) and growing triple digits y/y
