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The biggest movers in intraday trading were: Penn Entertainment — The casino and gaming company soared 13% after posting better-than-expected fourth-quarter revenue. Mr. Penn’s highest profit was $1.81 billion, beating FactSet’s estimate of $1.76 billion. Paramount Skydance — The media company soared nearly 10% after reporting better-than-expected first-quarter and full-year results. Paramount expects adjusted EBITDA of $900 in the first three months of 2026, beating the FactSet consensus of $744.1 million. The company expects full-year sales of about $30 billion, slightly higher than analysts expected. Cars.com — The online car retailer fell 15% after lower earnings in its fourth quarter…

Anthropic CEO Dario Amodei said Thursday that the company “cannot in good conscience comply with[the Department of Defense’s]request” to give the military unrestricted access to AI systems. “Antropic understands that military decisions are made by the Department of the Army, not private companies,” Amodei said in a statement. “However, we believe that in limited cases, AI could undermine rather than protect democratic values. And some applications may simply be beyond what today’s technology can safely and reliably implement.” Two such cases are mass surveillance of American citizens and fully autonomous weapons without human involvement. The Department of Defense believes that…

Here’s the biggest voice on Wall Street Thursday: Bank of America Reiterates Nvidia Acquisition Bank of America raised its price target on the AI ​​chip maker from $275 to $300 following the results. The bank also said the stock remains its top priority stock. “Our positive view of NVIDIA is based on the company’s underappreciated transformation from a traditional PC graphics chip vendor to a supplier to high-end gaming, enterprise graphics, cloud, accelerated computing, and automotive markets.” Read more. Morgan Stanley reiterates its overweight status on Snowflake The investment bank lowered its price target for the cloud-based data platform from…

Jack Dorsey has been an open admirer of Elon Musk for years. Now that I think about it, I think he was taking notes. Dorsey announced Thursday that Block, the payments company he founded that operates Square, Cash App and Tidal, will cut more than 4,000 jobs, nearly half of its global workforce, from more than 10,000 to just under 6,000 employees. Investors responded enthusiastically, sending the stock up more than 24% in after-hours trading. This isn’t the first time a major technology company has undertaken this type of initiative. In November 2022, Musk took Twitter private, then slashed roughly…

Anthropic CEO Dario Amodei said Thursday that the company “cannot in good conscience” give the Pentagon unrestricted use of its model in all legitimate use cases, adding that the Pentagon’s threats will not change its position. The artificial intelligence startup has been in tense negotiations with the Pentagon in recent weeks, and announced Thursday that those talks are still ongoing. Secretary of Defense Pete Hegseth has threatened to label Anthropic a “supply chain risk” or invoke the Defense Production Act to force the company to comply with the demands.Anthropic wants assurances that its model will not be used for fully…

“We’re (in touch),” Geller said on Watch What Happens Live. “I mean, I want you to understand that Seth and I have been friends since we were 7 years old. Well, he’s older. I mean, he was like 9 years old,” she says to the camera. “Yeah, you’re right, Seth. I said, ‘You’re older.’ And I said, ‘I’ve known Michelle Trachtenberg since I was probably about five years old.’ Trachtenberg, who had already starred in 1996’s Harriet the Spy, told The Hollywood Reporter in 2017 that as a teenage girl, “of course I admired Mark Blucas, who played Angel and…

My Top 10 Things to Watch Thursday, February 26th 1. Nvidia stock is up about 1% this morning following a strong quarter and even stronger metrics overnight. Nvidia’s story is different. It’s now about a universal architecture for building and writing that is much larger than previously thought, thanks to Anthropic, Cursor, OpenAI, and OpenClaw. This wasn’t a call about Amazon Web Services, Microsoft Azure, or Google Cloud. 2. Wave of increase in target price for club name Nvidia. JPMorgan called the stock a “coiled spring,” rising from $250 to $265, suggesting an increase of about 36%. Morgan Stanley raised…

Important pointsCNBC’s Jim Cramer said Thursday that Nvidia stock was swept away by a wave of institutional selling. “Don’t take today as a referendum on anything,” the “Mad Money” host said.CNBC’s Jim Cramer on Thursday downplayed Nvidia’s post-earnings share price decline, suggesting the company was caught in a vortex of institutional selling that actually created an entry point for opportunistic investors. “You’re going to take advantage of[the selling wave]and buy stocks you like at a discount,” Kramer said on “Mad Money.” On Wednesday night, NVIDIA delivered what Cramer called a “strong” fourth quarter with revenue and guidance that far exceeded…

Cuban troops shot and killed four people, one of whom was a U.S. citizen, on a Florida-registered speedboat that was attempting to enter Cuban territorial waters and “invade” the island on Wednesday, authorities said. Two of the 10 people on the speedboat were American, a U.S. official told CNN on Thursday. A second person was injured and is currently being treated in Cuba, officials said. The shootout came amid heightened tensions between Cuba and the United States, with both countries launching investigations into the incident. As more details continue to emerge about this deadly shooting, here’s what we know so…

jacob tierney’s latest information fierce rivalry Updates are never boring. In fact, the show’s creators shared some insight into the timeline for season 2 as the team prepares to bring about a captivating romance between hockey player Shane Hollander (hudson williams) and Ilya Rozanov (conner story) Return to life. “We’ll start filming in August,” Jacob said. Gayle King In a joint interview with the executive producer brendan brady On the February 26 episode of CBS Morning. “We’re writing right now. We’re getting ready to start filming this summer. There’s going to be more.” fierce rivalry I really want it to…