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Markets and investing
Synopsys stock dropped 2% in morning trading after Anthropic discussed a 15-person hardware unit using Claude to speed up chip engineering. Investors are also weighing recent selling pressure, the company’s Ansys acquisition and election-day uncertainty.
Markets and investing
The senior housing REIT is due to release third-quarter results after Tuesday’s market close, following a major portfolio shift toward directly operated communities.
Markets and investing
Passengers aboard the cruise ship were told to disembark in Cambodia after the company said it could not afford fuel. Bloomberg Opinion columnist David Fickling points to low occupancy and rising fuel costs as factors behind the ship’s financial difficulties.
Markets and investing
Disney is planning thousands of layoffs and has asked some managers to identify ways to cut annual costs by 20%, including through job eliminations and other expense reductions, according to people familiar with the matter.