Paulina Duran

Plus: Wall St in ninth straight weekly gain on AI, peace hopes; KPMG draws ASIC, parliamentary scrutiny as audit scandal widens; DroneShield shareholders deal first strike.

Plus: Netanyahu orders troops deeper into Lebanon; Sydney and Melbourne home prices fall in May; One Nation topples Labor as Australia's most popular party after budget.

AI giant Anthropic has confidentially filed for a US initial public offering, joining rivals OpenAI and SpaceX in a race to list on public markets this year.

Australian small business labour productivity reached its highest level since 2022 in the March quarter, according to data published by accounting software provider Xero.

Plus: Nvidia re-enters PC market with AI chip challenging Intel, Qualcomm; Elliott in golden Northern Star raid; Trump says Israel and Hezbollah agreed to halt attacks.

Alphabet has announced plans to raise USD80 billion ($111.6 billion) in equity to fund its AI infrastructure buildout, including a USD10 billion private placement to Berkshire Hathaway, it said in a statement.

Anthropic is expanding its Mythos cybersecurity program to about 200 organisations, up from roughly 50, across more than 15 countries, the company said.

Plus: RBA reviews KPMG whistleblower hotline as scandal spirals; SpaceX squeezes bankers with sub-0.75% IPO underwriting fees: Bloomberg; Goldman’s Solomon warns greed is beating fear.

Plus: Trump proposes 12.5% tariff on Australia; Iranian strikes Kuwait airport killing one; Wall Street snaps winning streak as oil rises and private credit cracks.

Plus: SpaceX files Australian Prospectus; Musk kicks off record roadshow, Goldman pitches 100-fold AI revenue growth; Blackstone latest to cap withdrawals as private credit stress spreads.