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3 themes that drove stocks to another week of records — and a banner month

Stocks soared to record highs again last week, capping off a banner month for the market. Investor optimism about an end to the Iran-U.S. war, a string of positive corporate earnings reports, and strength in technology stocks led to new records for the S & P 500 and Nasdaq Composite , up over 1% and more than 2%, respectively, during the holiday-shortened trading week. That brought the weekly winning streak for the S & P 500 to nine, while the Nasdaq has been up eight out of the past nine weeks.

CNBC 10d ago

Anthropic to offer EU access to its advanced Mythos model

Anthropic is sharing access to its most advanced AI model Mythos with the EU after the region sought access over months due to cybersecurity concerns. The European Commission confirmed to CNBC on Monday that it had "several productive meetings" with the American AI firm. "We welcome the latest developments on potential future access," EU tech sovereignty spokesperson Thomas Regnier said in emailed statements, adding that the bloc aims to get a clearer idea of the potential risks that the...

CNBC 8d ago

Germany pushes back on US attack over streaming law

Germany has rejected US accusations that its proposed streaming investment law violates the EU-US Turnberry trade pact, asserting it is a cultural policy measure, not a digital trade barrier. The draft legislation mandates that streamers invest at least 8% of their German revenue into local film and television production to avoid penalties. This dispute follows the recent implementation of the transatlantic trade agreement.

Politico EU 11d ago

Brad Paisley criticizes data center planned next to Nashville Zoo

Brad Paisley, a Grammy Award-winning American country music singer and songwriter, urged his followers to sign a petition to stop the construction of a 69,000-square-foot data center that would be 50 yards from the Nashville Zoo, which he called “an absolute nightmare scenario” in an Instagram Reel. “First of all, they don’t have the power to build this. They don’t have the water.

NBC News 1d ago