News & Updates
The latest news and updates from companies in the WLTH portfolio.
People on the move: Anthropic, Ballard Power Systems, and more
Job moves in solar, storage, cleantech, utilities and energy transition finance. Anthropic, the generative AI firm, announced the appointment of Sana Ouji as its first-ever Energy Lead. Ouji joins the company's nascent energy team after more than six years at Google, where she most recently oversaw strategic energy investments and partnerships for its data center division. Tasked with developing a global infrastructure strategy, Ouji will focus on securing the massive clean energy capacity required to scale Anthropic's AI compute capabilities while adhering to its public commitment to shield ratepayers from rising electricity costs. Ballard Power Systems, a provider of zero-emission PEM fuel cell solutions, announced the appointment of Ralph Robinett as Senior Vice President and Chief Operating Officer. A veteran of the clean energy sector with 25 years of operational experience, Robinett most recently served as COO at GAF Energy, where he spearheaded the large-scale manufacturing and automation of the Timberline Solar roof business. At Ballard, Robinett succeeds Lee Sweetland and will be responsible for optimizing global supply chains and scaling production as the company targets the electrification of commercial trucks, buses, and marine vessels. Fermi, the Texas-based AI power startup, announced a significant leadership transition and "2.0 reset" effective April 20, 2026. As part of this organizational shift, Jacobo Ortiz has been appointed to lead an interim "Office of the CEO" alongside board observer Anna Bofa. This move follows the departure of the company's founding executive team as Fermi refines its strategy for deploying small modular reactors and solar-plus-storage hybrid assets to meet the surging energy demands of the domestic AI sector. Jacobo Ortiz, previously the company's COO, is tasked with stabilizing operations and overseeing the next phase of the firm's infrastructure development. The #1 trusted provider of fully-furnished apartments nationwide, Churchill Living delivers tailored workforce housing solutions for renewable energy projects with an expansive inventory and award-winning customer service. Job of the week: Project Manager - Solar Projects Westinghouse Electric Company - Juno Beach, FL
Trump says Anthropic is 'shaping up,' open to deal with Pentagon
WASHINGTON, April 21 (Reuters) - U.S. President Donald Trump said on Tuesday Anthropic was "shaping up" in the eyes of his administration, opening the door for the AI company to reverse its blacklisting at the Pentagon. Trump directed the government in February to stop working with Anthropic. The Pentagon followed up by declaring the firm a supply-chain risk, dealing a major blow to the artificial intelligence lab after a showdown over guardrails for how the military could use its AI tools. The company disputes that characterization and filed suit against the Defense Department in March over the determination. Anthropic CEO Dario Amodei met with White House officials last week to attempt to repair the relationship. The White House called the meeting productive and constructive. "They came to the White House a few days ago, and we had some very good talks with them," Trump told CNBC's "Squawk Box" on Tuesday. "And I think they're shaping up. They're very smart, and I think they can be of great use. I like smart people ... I think we'll get along with them just fine." When asked if a deal was on the horizon with the Pentagon, Trump said, "It's possible. We want the smartest people." Anthropic, asked for comment, referred to its Friday statement describing its White House meeting as productive and focused on how the two "can work together on key shared priorities such as cybersecurity, America's lead in the AI race, and AI safety." The apparent rapprochement comes weeks after Anthropic unveiled Mythos, its most advanced AI tool, with a potentially unprecedented ability to identify cybersecurity vulnerabilities and devise ways to exploit them, experts have said. Anthropic has said Claude Mythos Preview will not be made generally available. Instead, the company announced Project Glasswing, in which it invited major tech companies, cybersecurity vendors and U.S. bank JPMorgan Chase, along with several dozen other organizations, to privately evaluate the model and prepare defenses accordingly. Anthropic Co-founder Jack Clark said last week the firm was discussing its frontier AI model Mythos with the Trump administration without providing details. (Reporting by Jacob Bogage and Alexandra Alper;Editing by David Ljunggren, Rod Nickel)
Kraken Freezes $12M While Memecore Scrutiny Grows
Concerns center on insider activity, pre-launch withdrawals, and inflated token valuation. Kraken received public recognition this week for its role in a cross-border fraud operation that froze over $12 million in illicit funds. Separately, blockchain investigator ZachXBT alleged the exchange listed Memecore (M), a token he linked to $7.9 million in suspicious pre-launch withdrawals. He also alleged insider activity that inflated the token's valuation ahead of trading. Payward, the company behind Kraken, participated in Operation Atlantic, a coordinated enforcement initiative spanning the UK, the United States, and Canada. The operation targeted crypto-related fraud with a particular focus on approval phishing schemes, a method that tricks victims into granting wallet access to malicious actors, typically through deceptive smart contract interactions that authorize withdrawals from the victim's wallet without their ongoing consent. Investigators identified more than $45 million in suspected criminal proceeds, froze over $12 million linked to illicit activity, and flagged upwards of 20,000 potential victims across multiple jurisdictions. The investigators noted that Kraken's contributions included data sharing, direct identification of affected users, and embedding staff alongside law enforcement during the investigation. Once scammers obtain wallet access, asset recovery is rarely achieved, and most enforcement efforts are directed at prevention. The enforcement recognition arrives alongside separate scrutiny of Kraken's listing practices. ZachXBT's findings concern $M, which debuted for trading in July 2025. ZachXBT linked $7.9 million in suspicious withdrawals to a cluster of newly created addresses that, collectively, came to hold assets now valued at close to $39.8 million, reflecting the token's price appreciation since launch. His analysis also pointed to what he characterized as insider activity that allegedly inflated the token's apparent valuation ahead of its launch. Blockchain data, according to ZachXBT's findings, suggests a wallet believed to be controlled by the project's team transferred millions of tokens to exchange-linked addresses in the period immediately before trading opened. He also flagged concerns about the project's reported metrics: the headline figures leaned heavily on trading volume and user engagement driven by incentivized campaigns with little evidence of real-world use or organic user growth. ZachXBT also issued a caution to traders considering short positions against heavily manipulated tokens, noting that insider-controlled markets can inflict losses regardless of a trader's position. ZachXBT's Memecore findings were published within days of Kraken's Operation Atlantic recognition. ZachXBT named several other projects in recent weeks, including RAVE, SIREN, MYX, COAI, PIPPIN, and RIVER, as exhibiting what he characterized as highly questionable price action, with some of those tokens having traded on major centralized exchanges like Binance, Bitget, and Gate.io before his publications. At the time of publication, Kraken has not issued a public response to ZachXBT's investigation into the Memecore listing. Memecore has also not issued a public statement addressing the findings.
Pixel GPS Chaos: Why Google's Flagships Can't Find Their Way
Google Pixel owners know the frustration all too well. Their phones, packed with cutting-edge sensors, suddenly lose track of where they are. Maps jerk wildly. Directions fail mid-drive. Runners log paths that zigzag like drunks. This isn't isolated. It's a surge hitting the Pixel 10 series hardest, but bleeding into older models too. Stephen Schenck laid it out clearly in Android Authority. Users report jumpy location data, wrong speeds, erratic directions. A poll there showed 42% of Pixel 10 owners affected, 28% on prior Pixels, even 3% on other Androids. Dozens of threads on Google's forums and Reddit echo the pain. One user on Reddit, Last_Ad1873, described Google Maps lagging and leaping forward (source). Matt Adamski started a forum post detailing the mess (source). But. The problem didn't start yesterday. Back in Android 16's rollout, complaints piled up. A Pixel 7 Pro owner posted on Reddit after an update: 'Google Maps and GPS completely broken... constantly says "Searching for GPS"' even in cities (r/GooglePixel). Another with Pixel 7: updated to 16, now off by 200-300 feet, rerouting constantly (source). Pixel 10 Pro fares worse. 'The location dot just keeps jumping around... shows speed of 15 mph sitting in my living room,' wrote Ok_Jicama6018 (r/GooglePixel). Android Authority speculates on causes. Pixel's GPS hardware? Software tweaks? Android 16's density-based coarse location system, meant for privacy by fuzzing positions in crowds, might backfire (related). GNSS loops trap cell service in wake states, per X user Steve Jacobs (@encro), linking Google's issue tracker (issuetracker.google.com). Assigned to devs. Progress? Slow. Google stays quiet. No official fix announced. Android Authority reached out; crickets so far. Past patterns offer clues. August 2025 update fixed some location woes on Pixel 6 without resets, one forum user noted (Google Pixel Community). Workarounds float around forums. Boot to safe mode, fire up Maps, reboot. Clears glitches for some Pixel 7 and 6a owners. Toggle Google Location Accuracy off -- stops WiFi/Bluetooth fusion feeding servers, but slows indoor fixes (tips from X users like @AriaWestcott). Reset network settings. Clear Play Services cache. None stick universally. Recent updates stir the pot further. March 2026 Pixel Drop brought features but bootloops, freezes on Pixel 10, 9 series (Techlusive). April patches hit navigation bars, Quick Share, but GPS? Silent. Older Pixels like 6 and 7 miss schedules sometimes, fueling distrust (Droid Life). Hardware doubts linger. Pixel 10 Pro's GPS 'atrocious' out of box, per reports. Even battery swaps on Pixel 6a broke signals (Facebook group). Indoor signals weak. Clear skies needed. Battery saver kills GPS prematurely. Industry watchers see a pattern. Pixels chase AI smarts, yearly hardware leaps, but basics falter. Maps, the killer app, undermines trust. Rideshares glitch. Fitness trackers lie. In cars, deadly. Google pushes betas -- QPR3, GPU tweaks -- but stable channel lags (Heise). Users vote with feet. Reddit threads swell. X buzzes. Android Authority's piece, fresh hours ago, hit thousands. Japanese site スマホダイジェスト confirms Pixel 10 GPS surge (sumahodigest.com). @AndroidAuth amplified it on X. Fix incoming? Betas hint at GNSS tweaks. Issue tracker upvotes mount. Google listens -- eventually. For now, Pixels wander lost. Owners wait. And curse. One sentence captures it. GPS should just work.
What Wall Street is saying about Amazon's deepening ties with Anthropic - AOL
Amazon (AMZN) and Anthropic (ANTH.PVT) are even more tied at the hip as both seek supremacy in the race to build out artificial intelligence infrastructure. The ties between Amazon and Anthropic deepen: Amazon Web Services (AWS), Amazon's cloud computing business, has committed to supplying Anthropic with up to 5 gigawatts of capacity across Trainium 2, 3, and 4+ chips. Anthropic said it would spend $100 billion-plus on AWS over the next 10 years. Additionally, Amazon announced plans to invest an incremental $5 billion, and up to an additional $20 billion tied to commercial milestones, into Anthropic. Amazon previously invested $8 billion into Anthropic in late 2023. What Wall Street is saying about the Amazon-Anthropic relationship: Wall Street is banking on a big boost in AWS's growth rate in the coming quarters, fueled by Anthropic's computing needs and those of others playing in the AI boom. "We are incrementally positive on our AWS revenue projections, whereby we project AWS revenue growth of +37% year over year in 2027, which includes a conservative projection of $31 billion in Anthropic revenue, particularly given Anthropic's $30 billion annual revenue rate as of late March and its 100,000 plus customers building with Claude on AWS," Citi analyst Ron Josey wrote in a note. The tone is similar at KeyBanc. "We believe AWS [Amazon Web Services] is benefiting from a combination of capacity gains, AI diffusion, and client expansion," KeyBanc analyst Justin Patterson wrote in a note on Monday. "Anthropic has been a long-standing AWS customer, and its rapid growth in annual recurring revenue (from $9 billion in December 2025 to $30 billion in early April 2026) provides a meaningful tailwind to AWS growth (we assume AWS is about 60% of Anthropic spend)." What Yahoo Finance is hearing about Amazon's stock right now: It's hard to find a bear on Amazon at the moment, especially as the stock has roared 21% over the past month. So here is the general vibe on Amazon from the bull community: "I think that Amazon really chose the right horse to back in the AI races. Amazon and Anthropic are sort of directly in competition with the Microsoft and OpenAI partnership, and I think right now AWS and Anthropic are winning that battle," Sevens Report Research founder Tom Essaye said on Yahoo Finance's Opening Bid (see video above). "This [Anthropic] has injected a massive stimulus into that AWS business and it's only continuing to grow. So look, it's not like as Anthropic goes Amazon goes, but Anthropic is providing an important boost." Bottom line: One's first instinct is to simply analyze Amazon on its retail merits, which of course includes things like sticky Prime memberships and Whole Foods. But the new reality is that AWS is growing in importance to Amazon's top and bottom lines from already important levels, in large part because of the AI boom. This boom puts pressure on Amazon to deliver accelerating AWS growth rates for at least the next two years, or risk being penalized by a super bullish Wall Street. Brian Sozzi is Yahoo Finance's Executive Editor and a member of Yahoo Finance's editorial leadership team. Follow Sozzi on X @BrianSozzi, Instagram, and LinkedIn. Tips on stories? Email [email protected].
How to Invest in Elon Musk's SpaceX Before the IPO
SpaceX looks like one of the most exciting companies in the world, but that doesn't mean investors are getting an easy win. I break down the hype, valuation risk, and how an ETF like ERShares Private-Public Crossover ETF (NASDAQ:XOVR) can help retail investors realistically get exposure today, before the IPO. Stock prices used were the market prices of April 17, 2026. The video was published on April 20, 2026. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue " Should you buy stock in EntrepreneurShares Series Trust - ERShares Private-Public Crossover ETF right now? Before you buy stock in EntrepreneurShares Series Trust - ERShares Private-Public Crossover ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and EntrepreneurShares Series Trust - ERShares Private-Public Crossover ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $511,411!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,238,736!* Now, it's worth noting Stock Advisor's total average return is 986% -- a market-crushing outperformance compared to 199% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks " *Stock Advisor returns as of April 21, 2026. Rick Orford has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
How to Invest in Elon Musk's SpaceX Before the IPO | The Motley Fool
Rick is a Wall Street Journal best-selling author with over 20 years of experience trading stocks and options. The most authoritative publications, including Good Morning America, Washington Post, Yahoo Finance, MSN, Business Insider, NBC, FOX, CBS, and ABC News, cover his work. His passion is business, and he works tirelessly to deliver content in an easy-to-understand manner. In 2018, Rick wrote The Financially Independent Millennial to inspire his readers with his story about becoming financially independent at age 35 despite not learning about money when he was younger. His books are easy to read and often refer to key points that "He would tell his younger self." When not thinking about business, Rick writes (mainly about cruise ship travel) for his travel blog and is an enthusiast of fast cars, technology, & cooking. Rick Orford has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Wheat Spread Blows Out As Drought Chaos Plagues America's Breadbasket
Hard red winter wheat (HRW) futures widened to their largest premium over soft red wheat (SRW) in more than two years as severe drought intensified across key breadbasket regions in the Great Plains and Midwest. This means traders are pricing in weather impacts and tightening expectations for higher-protein wheat supplies. It is important to note that HRW is a more valuable protein and is primarily used in bread, rolls, and all-purpose flour. It is grown in the U.S. Plains (Kansas, Oklahoma, Texas), while SRW is used in cakes, cookies, crackers, and pastries, and is grown in the Eastern U.S. (Ohio Valley, Midwest, Southeast). The blowout in the HRW-SRW spread, the biggest premium in two years, is mainly due to weather stress as drought grips the central U.S. The market is currently pricing in possible supply imbalances and quality concerns for HRW. As of mid-April, 61% of the Lower 48 is in drought as the Northern Hemisphere growing season begins and farmers start plantings, according to NOAA. This equates to nearly 149 million people across the Lower 48 affected by drought. About 45 states were experiencing moderate drought conditions as of last week. The drought also complicates matters for ranchers, as the nation's cattle herd is already at its lowest level since the 1950s. As a result, some ranchers may further reduce their herds, which would only push USDA ground beef prices to new record highs. The drought spreading across America's breadbasket is colliding with a secondary effect sparked by the disruption of energy flows through the Strait of Hormuz, raising the risk of fertilizer shortages that could translate into lower crop yields later this year. Reuters has reported that the UN's food agency warned a prolonged Hormuz crisis could destabilize fertilizer shipments and drive food inflation higher. Time to hedge with a backyard garden.
Anthropic plans to provide Mythos access to European banks soon, sources say By Reuters
By Saeed Azhar, Jeffrey Dastin and Mathieu Rosemain NEW YORK/PARIS, April 21 (Reuters) - Anthropic plans to provide access to its Mythos AI model to European banks soon, three people familiar with the matter said, as global banks scramble to test the technology after large U.S. banks were given initial access. Mythos is viewed by cybersecurity experts as posing significant challenges to the banking industry and its legacy technology systems, prompting a series of warnings from regulators and policymakers gathered at last week's International Monetary Fund spring meeting in Washington. A string of U.S. banks have so far been given access to Mythos - while the rest of the industry tries to catch up. Anthropic aims to expand Mythos AI access to European and UK banks, among other organizations, one of the people familiar with the matter told Reuters. That process involves checks to ensure the rollout is done securely, the person said, speaking on condition of anonymity. Another person said the access could be provided to European banks within days, while the first person said the rollout might take days or weeks. Bloomberg previously reported that Anthropic would release Mythos to UK financial institutions soon. Anthropic did not immediately respond to a Reuters request for comment. Anthropic initially provided access to the model to partners in its Project Glasswing initiative and about 40 additional organisations that build or maintain critical software infrastructure. JPMorgan Chase, which is part of Glasswing, was the only bank Anthropic has publicly said has access, although Bank of America has been part of Glasswing since the start and has been testing the Mythos technology internally, according to a source familiar with the matter. Other U.S. banks have more recently said they have been given access to Mythos, as regulators rush to examine the cybersecurity risks the new artificial intelligence model raises. German central bank chief Joachim Nagel called on Tuesday for all institutions to have access to Anthropic's artificial intelligence model Mythos to keep the playing field even and to avoid it being misused.
Amazon deepens AI push with $25 billion bet on Anthropic
At a time when Anthropic's Claude gains ground among enterprise users, Amazon has announced its plans to invest around $25 billion in the AI major. The deal, which signals Amazon's aggressive push into AI, includes $5 billion invested immediately in Anthropic with up to $20 billion more tied to commercial milestones. The fresh $5 billion takes Amazon's total investment in the AI company to $13 billion. Expanding capacity On its part, Anthropic is committing over $100 billion over the next decade to AWS, and is securing up to 5GW of new capacity to train and run Claude. This will mainly go toward securing access to current and future generations of Amazon's custom chips Graviton (a low-power CPU) and Trainium (an AI accelerator chip) to help Anthropic provide high performance. It also includes an element of international inference in Asia and Europe for Claude to better serve its growing global customer base. Additionally, AWS customers will now also be able to access the full Anthropic-native Claude console from within AWS, through their existing accounts, with no additional credentials, contracts or billing relationships. Over one lakh customers already run Anthropic Claude models on AWS already. Andy Jassy, CEO, Amazon | Photo Credit: RAVI REDDY "Anthropic's commitment to run its large language models on AWS Trainium for the next decade reflects the progress we've made together on custom silicon, as we continue delivering the technology and infrastructure our customers need to build with generative AI," Andy Jassy, CEO of Amazon, said. Amazon's stock climbed about 2.15 per cent to $253.62 after the market opened on Tuesday. Dario Amodei, CEO and Co-founder of Anthropic | Photo Credit: RUHANI KAUR "Our users tell us Claude is increasingly essential to how they work, and we need to build the infrastructure to keep pace with rapidly growing demand," Dario Amodei, CEO and Co-founder of Anthropic, said. "Our collaboration with Amazon will allow us to continue advancing AI research while delivering Claude to our customers, including the more than 100,000 building on AWS." Interestingly, the deal is similar to the one Amazon struck with OpenAI recently, when it joined the latter's $110 billion funding round. This too was structured partly as cloud infrastructure services. AI consolidation Sanchit Vir Gogia, Chief Analyst, Founder & CEO, Greyhound Research, said the deal should be viewed as a consolidation of AI infra. Access to AI models may be across platforms, but ability to operate those models at scale is increasingly concentrated with a small number of hyperscalers who hold the power availability, chip supply, and network capacity, among others, he said. "By securing anchor tenants like Anthropic, hyperscalers [like Amazon] too are able to justify the massive capital expenditure and shape how that infrastructure is consumed," he added. Anushree Verma, Senior Director Analyst, Gartner, said that with Anthropic gaining ground with enterprises, it is crucial for them to lock in a preferred AI infra partner. There will be more such deals in the offing up till 2028, a timeline when we will likely see new-age AI players mature and define the Agentic stack. Enterprise and developer demand for Claude has accelerated in 2026, and the company says it has also experienced a sharp rise in consumer usage across our free, Pro, and Max tiers. "Our run-rate revenue has now surpassed $30 billion, up from approximately $9 billion at the end of 2025," Anthropic said. Comments Published on April 21, 2026 READ MORE
RBC Just Lifted Marvell's Target From $115 to $170 After Amazon's Blockbuster Anthropic Deal
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Marvell Technology (NASDAQ:MRVL | MRVL Price Prediction) stock just earned a bullish endorsement from RBC Capital Markets, which raised its price target from $115 to $170 while maintaining its Outperform rating. The catalyst: Amazon (NASDAQ:AMZN) struck a landmark deal with Anthropic that includes up to 5 gigawatts of new AWS capacity, and RBC sees that as a direct tailwind for Marvell as a key AWS supplier. RBC says the announcement is a material positive for AWS suppliers and that the firm now has higher conviction in 2027 estimates as well as longer-term growth expectations. For investors watching the AI infrastructure buildout, this demand signal matters. The Analyst's Case RBC's thesis is straightforward: when Amazon commits to powering Anthropic's AI ambitions at a scale of up to $25 billion in investment and over $100 billion in AWS spending over the next decade, infrastructure suppliers win big. Marvell provides custom silicon and networking solutions that make hyperscale AI compute possible. The Amazon-Anthropic agreement includes access to Trainium2, Trainium3, and Trainium4 chips alongside Graviton CPUs, all requiring the high-speed interconnect and custom ASIC work where Marvell competes. RBC's conviction in the 2027 growth outlook reflects how durable this demand cycle looks. Company Snapshot Marvell designs custom silicon, electro-optics, and interconnect solutions for AI data centers. In its most recent quarter, revenue reached $2.074 billion, up 37% year over year, with data center revenue of $1.518 billion representing 73% of the total. Non-GAAP EPS came in at $0.76, compared to $0.43 in the prior year. Management guided for full-year FY2026 revenue growth exceeding 40% and noted that data center growth expectations for the next fiscal year are "now higher than prior expectations." Marvell Technology CEO Matt Murphy observed that custom AI design activity is at an all-time high, with over 50 new opportunities across more than 10 customers. Why the Move Matters Now Marvell stock has risen 209% over the past year to a current price of $152.48. The new $170 RBC target sits above current analyst consensus of $126.95, signaling that RBC sees the Amazon-Anthropic deal as a structural demand driver, not just a short-term catalyst. Amazon's planned approximately $200 billion in capex in 2026, primarily AI-related reinforces that this is a multi-year structural demand story. Marvell's market cap stands at roughly $121.52 billion, and with a forward P/E of 26x, the valuation reflects high expectations but is grounded in real earnings acceleration. What It Means for Your Portfolio If you believe Amazon's AI infrastructure spending will keep compounding and custom silicon suppliers will capture a growing slice of that pie, Marvell stock deserves a serious look. The RBC upgrade adds credibility to a bull case already supported by strong fundamentals and a deepening customer relationship with one of the world's largest cloud providers. That said, the stock has moved sharply, insider selling activity has been elevated recently, and the valuation leaves little room for execution missteps. Cautious investors may want to review Marvell's broader AI infrastructure positioning before sizing up a position. RBC's $170 target reflects a well-reasoned bet that the Amazon-Anthropic deal is just the beginning of a much larger AI capacity wave.
Anthropic plans to provide Mythos access to European banks soon, sources say
NEW YORK/PARIS, April 21 (Reuters) - Anthropic plans to provide access to its Mythos AI model to European banks soon, three people familiar with the matter said, as global banks scramble to test the technology after large U.S. banks were given initial access. Mythos is viewed by cybersecurity experts as posing significant challenges to the banking industry and its legacy technology systems, prompting a series of warnings from regulators and policymakers gathered at last week's International Monetary Fund spring meeting in Washington. A string of U.S. banks have so far been given access to Mythos - while the rest of the industry tries to catch up. Anthropic aims to expand Mythos AI access to European and UK banks, among other organizations, one of the people familiar with the matter told Reuters. That process involves checks to ensure the rollout is done securely, the person said, speaking on condition of anonymity. Another person said the access could be provided to European banks within days, while the first person said the rollout might take days or weeks. Bloomberg previously reported that Anthropic would release Mythos to UK financial institutions soon. Anthropic did not immediately respond to a Reuters request for comment. Anthropic initially provided access to the model to partners in its Project Glasswing initiative and about 40 additional organisations that build or maintain critical software infrastructure. JPMorgan Chase (JPM.N), opens new tab, which is part of Glasswing, was the only bank Anthropic has publicly said has access, although Bank of America (BAC.N), opens new tab has been part of Glasswing since the start and has been testing the Mythos technology internally, according to a source familiar with the matter. Other U.S. banks have more recently said they have been given access to Mythos, as regulators rush to examine the cybersecurity risks the new artificial intelligence model raises. German central bank chief Joachim Nagel called on Tuesday for all institutions to have access to Anthropic's artificial intelligence model Mythos to keep the playing field even and to avoid it being misused. Reporting by Saeed Azhar, Jeffrey Dastin and Mathieu Rosemain in Paris; editing by Megan Davies and Franklin Paul Our Standards: The Thomson Reuters Trust Principles., opens new tab * Suggested Topics: * Finance Saeed Azhar Thomson Reuters Saeed Azhar is a Reuters financial journalist and part of the U.S. banking team, which covers Wall Street's biggest banks. He focuses on Goldman Sachs and Bank of America, and also writes about regional banks. Before moving to New York in July 2022, he led the finance team in the Middle East from Dubai, and also worked in Singapore, covering Southeast Asia finance. Jeffrey Dastin Thomson Reuters Jeffrey Dastin is a correspondent for Reuters based in San Francisco, where he reports on the technology industry and artificial intelligence. He joined Reuters in 2014, originally writing about airlines and travel from the New York bureau. Dastin graduated from Yale University with a degree in history. He was part of a team that examined lobbying by Amazon.com around the world, for which he won a SOPA Award in 2022. Mathieu Rosemain Thomson Reuters Mathieu is part of Reuters' finance team, covering French banks and major M&A stories in the country and in Europe. A graduate of Sciences Po university, Mathieu previously covered the Tech beat at Reuters, following stints at Bloomberg News and French business daily Les Echos.
Anthropic plans to provide Mythos access to European banks soon, sources say
NEW YORK/PARIS, April 21 (Reuters) - Anthropic plans to provide access to its Mythos AI model to European banks soon, three people familiar with the matter said, as global banks scramble to test the technology after large U.S. banks were given initial access. Mythos is viewed by cybersecurity experts as posing significant challenges to the banking industry and its legacy technology systems, prompting a series of warnings from regulators and policymakers gathered at last week's International Monetary Fund spring meeting in Washington. A string of U.S. banks have so far been given access to Mythos - while the rest of the industry tries to catch up. Anthropic aims to expand Mythos AI access to European and UK banks, among other organizations, one of the people familiar with the matter told Reuters. That process involves checks to ensure the rollout is done securely, the person said, speaking on condition of anonymity. Another person said the access could be provided to European banks within days, while the first person said the rollout might take days or weeks. Bloomberg previously reported that Anthropic would release Mythos to UK financial institutions soon. Anthropic did not immediately respond to a Reuters request for comment. Anthropic initially provided access to the model to partners in its Project Glasswing initiative and about 40 additional organisations that build or maintain critical software infrastructure. JPMorgan Chase, which is part of Glasswing, was the only bank Anthropic has publicly said has access, although Bank of America has been part of Glasswing since the start and has been testing the Mythos technology internally, according to a source familiar with the matter. Other U.S. banks have more recently said they have been given access to Mythos, as regulators rush to examine the cybersecurity risks the new artificial intelligence model raises. German central bank chief Joachim Nagel called on Tuesday for all institutions to have access to Anthropic's artificial intelligence model Mythos to keep the playing field even and to avoid it being misused. (Reporting by Saeed Azhar, Jeffrey Dastin and Mathieu Rosemain in Paris; editing by Megan Davies and Franklin Paul)
Anthropic was trying to police action of US military -- Trump
According to the US leader, Anthropic "can be of great use" to the US administration, and the US authorities "will get along with them just fine" in the future NEW YORK, April 21. /TASS/. US President Donald Trump stated that the artificial intelligence company Anthropic was trying to dictate the US military how to act. "Anthropic is a group of very smart people, but they started telling our military how to operate, and we didn't want that," he said in an interview with CNBC. "In fact, they came to the office, they came to the White House a few days ago, and we had some very good talks with them. And I think they're shaping up." According to the US leader, Anthropic "can be of great use" to the US administration, and the US authorities "will get along with them just fine" in the future. Earlier, the Pentagon designated Anthropic as a "supply chain threat," effectively severing business ties with it. The US leader also ordered all federal agencies to stop using the company's products. The Pentagon previously worked closely with Anthropic and used its Claude AI model. The company refused to comply with the department's demands to lift some restrictions on Claude's use. The Pentagon is seeking permission from its AI companies to use their technologies for all legitimate purposes, which it defines as military operations and intelligence gathering. Anthropic refused these conditions. Anthropic CEO Dario Amodei stated that the company did not agree to grant the Pentagon full access to its AI model because it does not want its products to be used for "mass surveillance" of US citizens or for the development of fully autonomous weapons.
SpaceX hosts secretive analyst briefings ahead of record-breaking IPO
SpaceX is moving ahead with plans for one of the most anticipated IPOs in history as it hosts analysts this week for three days of closed-door meetings at its launch facility in Texas and mega-sized data center in Tennessee, according to three people familiar with the matter. Elon Musk's company is holding the briefings for Wall Street's top aerospace and technology analysts as it looks to raise $75 billion, in an IPO that would be the world's biggest ever, with executives targeting a late June trading debut. The presentations kick off with an all-day meeting and analyst tour on Tuesday at the satellite and rocket maker's Starbase launch facilities in Boca Chica, Texas, the sources said. Another group of analysts representing institutional investors, including big mutual funds and pension plans, will be briefed in a separate session at Starbase on Wednesday, they added. On Thursday, the analysts have been invited to review the company's "Macrohard" project at its Colossus data center in Memphis, Tennessee, they said. Attendees are expected to surrender electronic devices to participate in the meetings, said one of the sources, who all spoke on condition of anonymity as the information was not public. SpaceX did not respond to a request for comment. Reuters was the first to report on the plans to host analysts earlier this month. The inclusion of Starbase on the tour and the three days of briefings have not been reported previously. IPO PROCESS Analyst days are a standard part of the IPO process, in which companies brief analysts on their business, financial outlook and long-term strategy ahead of a public listing. Some of the analysts set to attend have also received copies of SpaceX's confidential registration filing, though the document contained limited information, two of the sources said. The filing, excerpts of which were reviewed by Reuters, gives investors the first look at SpaceX's financial health after Musk combined the rocket maker with his social media and AI company xAI this year. The combined company ended 2025 with about $24.7 billion in cash on hand, but more than $50 billion in liabilities. SpaceX swung to a $4.94 billion consolidated loss in 2025 on $18.67 billion in revenue as it invested heavily in xAI's artificial intelligence infrastructure, from a $791 million profit and $14.02 billion in revenue the year before, the excerpts show. About two weeks after the analyst days, SpaceX is expected to hold a separate "modeling" day for a select group of Wall Street analysts, some of whose banks are working on the deal, two of the people said. At such sessions, companies typically walk analysts through financial projections, business thesis and the other key data that will help analysts calculate earnings estimates before the listing. SpaceX Chief Financial Officer Bret Johnsen has about two months to convince some of Wall Street's top analysts, and ultimately investors, that the company is worth an almost unfathomable $1.75 trillion. Musk merged xAI with SpaceX in February, bringing under one roof the billionaire's rockets, Starlink satellites, the X social media platform and Grok AI chatbot. The combination created a tech and aerospace conglomerate like no other, but it also makes valuing SpaceX tricky. To justify the $75 billion Musk hopes to raise as well as the lofty valuation, at least one large institutional investor has been using unusual benchmarks to explain the math, Reuters previously reported. Rather than comparing SpaceX to legacy aerospace and telecom giants like Boeing (BA.N) and AT&T (T.N), that investor has been benchmarking it against Palantir Technologies and artificial intelligence infrastructure companies like GE Vernova (GEV.N) and Vertiv (VRT.N) -- a framework described to Reuters by a person familiar with the valuation discussions. RETAIL INVESTORS Musk also plans to reward the retail investors who have sent shares of electric vehicle company Tesla to illogical heights, trading at a valuation closer to a tech company than an automaker. He plans to set aside some 30 per cent of SpaceX shares for retail investors, hosting 1,500 to tour Starbase after the roadshow kicks off in the June 8 week, people familiar with the matter have told Reuters. Musk is also opening up initial share sales to international retail investors from the UK, EU, Australia, Canada, Japan and Korea, Reuters previously reported. The structure of the deal and precise amount of the retail allocation are expected to be finalized closer to the IPO launch. Morgan Stanley, Bank of America, Citigroup, JPMorgan and Goldman Sachs are leading the deal as active bookrunners, with 16 other banks in smaller roles spanning institutional, retail and international channels, Reuters previously reported. Musk will retain voting control of SpaceX after the satellite and rocket maker goes public later this year through a dual-class share structure that limits other investors' say over corporate decisions, the IPO filing shows.
Trump says Anthropic is 'shaping up,' open to deal with Pentagon - AOL
WASHINGTON, April 21 (Reuters) - U.S. President Donald Trump said on Tuesday Anthropic was "shaping up" in the eyes of his administration, opening the door for the AI company to reverse its blacklisting at the Pentagon. Trump directed the government in February to stop working with Anthropic. The Pentagon followed up by declaring the firm a supply-chain risk, dealing a major blow to the artificial intelligence lab after a showdown over guardrails for how the military could use its AI tools. The company disputes that characterization and filed suit against the Defense Department in March over the determination. Anthropic CEO Dario Amodei met with White House officials last week to attempt to repair the relationship. The White House called the meeting productive and constructive. "They came to the White House a few days ago, and we had some very good talks with them," Trump told CNBC's "Squawk Box" on Tuesday. "And I think they're shaping up. They're very smart, and I think they can be of great use. I like smart people ... I think we'll get along with them just fine." When asked if a deal was on the horizon with the Pentagon, Trump said, "It's possible. We want the smartest people." Anthropic, asked for comment, referred to its Friday statement describing its White House meeting as productive and focused on how the two "can work together on key shared priorities such as cybersecurity, America's lead in the AI race, and AI safety." The apparent rapprochement comes weeks after Anthropic unveiled Mythos, its most advanced AI tool, with a potentially unprecedented ability to identify cybersecurity vulnerabilities and devise ways to exploit them, experts have said. Anthropic has said Claude Mythos Preview will not be made generally available. Instead, the company announced Project Glasswing, in which it invited major tech companies, cybersecurity vendors and U.S. bank JPMorgan Chase, along with several dozen other organizations, to privately evaluate the model and prepare defenses accordingly. Anthropic Co-founder Jack Clark said last week the firm was discussing its frontier AI model Mythos with the Trump administration without providing details. (Reporting by Jacob Bogage and Alexandra Alper;Editing by David Ljunggren, Rod Nickel)
Late-Stage Private Markets Show Signs of Reacceleration as Private Shares Fund Reports Strong 1Q Sales and IPO Pipeline, with SpaceX as Largest Position
NEW YORK--(BUSINESS WIRE)--Apr 21, 2026-- The Private Shares Fund (PRIVX/PIIVX), managed by Liberty Street Advisors, Inc. (Liberty Street), reported strong first quarter performance alongside an expanding pipeline of portfolio companies progressing toward potential IPO, tender, or acquisition events. The Fund's largest holding, SpaceX, has been the subject of recent IPO-related developments, while several other key holdings, including Cerebras and Kraken, have advanced S-1 activity. These developments reflect increasing activity across late-stage private markets. All information is as of March 31, 2026, unless otherwise indicated.
What Wall Street is saying about Amazon's deepening ties with Anthropic
Amazon (AMZN) and Anthropic (ANTH.PVT) are even more tied at the hip as both seek supremacy in the race to build out artificial intelligence infrastructure. The ties between Amazon and Anthropic deepen: Amazon Web Services (AWS), Amazon's cloud computing business, has committed to supplying Anthropic with up to 5 gigawatts of capacity across Trainium 2, 3, and 4+ chips. Anthropic said it would spend $100 billion-plus on AWS over the next 10 years. Additionally, Amazon announced plans to invest an incremental $5 billion, and up to an additional $20 billion tied to commercial milestones, into Anthropic. Amazon previously invested $8 billion into Anthropic in late 2023. What Wall Street is saying about the Amazon-Anthropic relationship: Wall Street is banking on a big boost in AWS's growth rate in the coming quarters, fueled by Anthropic's computing needs and those of others playing in the AI boom. "We are incrementally positive on our AWS revenue projections, whereby we project AWS revenue growth of +37% year over year in 2027, which includes a conservative projection of $31 billion in Anthropic revenue, particularly given Anthropic's $30 billion annual revenue rate as of late March and its 100,000 plus customers building with Claude on AWS," Citi analyst Ron Josey wrote in a note. The tone is similar at KeyBanc. "We believe AWS [Amazon Web Services] is benefiting from a combination of capacity gains, AI diffusion, and client expansion," KeyBanc analyst Justin Patterson wrote in a note on Monday. "Anthropic has been a long-standing AWS customer, and its rapid growth in annual recurring revenue (from $9 billion in December 2025 to $30 billion in early April 2026) provides a meaningful tailwind to AWS growth (we assume AWS is about 60% of Anthropic spend)." What Yahoo Finance is hearing about Amazon's stock right now: It's hard to find a bear on Amazon at the moment, especially as the stock has roared 21% over the past month. So here is the general vibe on Amazon from the bull community: "I think that Amazon really chose the right horse to back in the AI races. Amazon and Anthropic are sort of directly in competition with the Microsoft and OpenAI partnership, and I think right now AWS and Anthropic are winning that battle," Sevens Report Research founder Tom Essaye said on Yahoo Finance's Opening Bid (see video above). "This [Anthropic] has injected a massive stimulus into that AWS business and it's only continuing to grow. So look, it's not like as Anthropic goes Amazon goes, but Anthropic is providing an important boost."
Tesla: The SpaceX IPO Won't Save This Stock From Gravity (NASDAQ:TSLA)
TSLA stock's valuation remains extreme at a P/E of nearly 240, far exceeding peers, with SOTP analysis supporting a much lower fair value. Tesla, Inc. (TSLA) has shed over 18.6% since my last analysis, which attributed the company a sell rating despite an oil shock that could have shifted the narrative toward a bullish As a detail-oriented investor with a strong foundation in finance and business writing, I focus on analyzing undervalued and disliked companies or industries that have strong fundamentals and good cash flows. I have a particular interest in sectors such as Oil&Gas and consumer goods. Basically, anything that has been unloved for unjustified reasons that could offer substantial returns. Energy Transfer is one of those companies that I came across when no one wanted to touch it and now I can't resolve myself to sell it. I will always focus more on long-term value investing but I can sometimes lose myself in possible deal arbitrage such as with Microsoft/ Activision Blizzard, Spirit Airlines/Jetblue (that one still hurts), and Nippon/U.S. Steel (perfect exit at $50.19). I tend to shun businesses that I can't understand either high-tech or certain consumer goods such as fashion (give me a Levi's jeans). I don't understand why anyone would invest in cryptocurrencies as well. Through Seeking Alpha, I aim to connect with like-minded investors, share insights, and build a collaborative community of individuals seeking superior returns and informed decision-making, currently on a quest to review every public company. Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
What Wall Street is saying about Amazon's deepening ties with Anthropic
Amazon (AMZN) and Anthropic (ANTH.PVT) are even more tied at the hip as both seek supremacy in the race to build out artificial intelligence infrastructure. The ties between Amazon and Anthropic deepen: Amazon Web Services (AWS), Amazon's cloud computing business, has committed to supplying Anthropic with up to 5 gigawatts of capacity across Trainium 2, 3, and 4+ chips. Anthropic said it would spend $100 billion-plus on AWS over the next 10 years. Additionally, Amazon announced plans to invest an incremental $5 billion, and up to an additional $20 billion tied to commercial milestones, into Anthropic. Amazon previously invested $8 billion into Anthropic in late 2023. What Wall Street is saying about the Amazon-Anthropic relationship: Wall Street is banking on a big boost in AWS's growth rate in the coming quarters, fueled by Anthropic's computing needs and those of others playing in the AI boom. "We are incrementally positive on our AWS revenue projections, whereby we project AWS revenue growth of +37% year over year in 2027, which includes a conservative projection of $31 billion in Anthropic revenue, particularly given Anthropic's $30 billion annual revenue rate as of late March and its 100,000 plus customers building with Claude on AWS," Citi analyst Ron Josey wrote in a note. The tone is similar at KeyBanc. "We believe AWS [Amazon Web Services] is benefiting from a combination of capacity gains, AI diffusion, and client expansion," KeyBanc analyst Justin Patterson wrote in a note on Monday. "Anthropic has been a long-standing AWS customer, and its rapid growth in annual recurring revenue (from $9 billion in December 2025 to $30 billion in early April 2026) provides a meaningful tailwind to AWS growth (we assume AWS is about 60% of Anthropic spend)." What Yahoo Finance is hearing about Amazon's stock right now: It's hard to find a bear on Amazon at the moment, especially as the stock has roared 21% over the past month. So here is the general vibe on Amazon from the bull community: "I think that Amazon really chose the right horse to back in the AI races. Amazon and Anthropic are sort of directly in competition with the Microsoft and OpenAI partnership, and I think right now AWS and Anthropic are winning that battle," Sevens Report Research founder Tom Essaye said on Yahoo Finance's Opening Bid (see video above). "This [Anthropic] has injected a massive stimulus into that AWS business and it's only continuing to grow. So look, it's not like as Anthropic goes Amazon goes, but Anthropic is providing an important boost."