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CXMT

CXMT shares drop 6.5 percent despite strong profit forecast

Shares of China Memory Technology fell 6.5 percent even as the company projected a nine-month net profit of 131 billion to 132.5 billion yuan, reversing a prior loss. The maker captured 10 percent of global DRAM revenue in the third quarter.

MU+2.5%

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Anthropic

Anthropic revenue hits $16.3 billion in first half of 2026

The AI company reported first-half 2026 revenue of $16.3 billion, a sharp increase from $1.1 billion in the same period last year. The firm noted significant spending on compute resources alongside the growth.

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