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Time:2026-06-13T10:07:04Z

US government blocks Anthropic's top AI models over national security concerns. SpaceX's historic IPO makes Elon Musk the world's first trillionaire. DOJ approves Paramount's $111 billion acquisition of Warner Bros. Discovery. Value stocks outperform growth by a wide margin while analysts project a gold rebound.

US blocks Anthropic's top AI models over security risks

US blocks Anthropic's top AI models over security risksThe US Commerce Department has ordered Anthropic to suspend access to its newest AI models, citing national security concerns over potential bypass of safeguards by foreign adversaries. The move effectively restricts foreign access to the company's most advanced systems. Anthropic has complied by disabling the top-tier models. The decision marks one of the most aggressive government interventions in AI deployment to date.

Value stocks surge as gold eyes 13% rebound this year

Value stocks surge as gold eyes 13% rebound this yearAnalysts project gold could rebound by 13% in 2026, though several factors may limit its upside. Value stocks are outperforming growth stocks by a wide margin, with experts calling the trend sustainable rather than temporary. Meanwhile, SBI shares are expected to hit fresh record highs within the year based on current analyst targets.

SpaceX IPO makes Elon Musk the world's first trillionaire

SpaceX IPO makes Elon Musk the world's first trillionaireSpaceX's stock market debut sent shares soaring, propelling Elon Musk to become the world's first trillionaire. The IPO was widely hailed as a historic success, with Musk himself acknowledging it could not have gone much better. Major outlets including AP News, BBC, Forbes, and MarketWatch covered the landmark debut extensively. The valuation surge marks a transformative moment in both space and financial markets.

DOJ approves $111 billion Paramount-Warner Bros. merger

DOJ approves $111 billion Paramount-Warner Bros. mergerThe US Department of Justice has approved Paramount's acquisition of Warner Bros. Discovery in a landmark $111 billion deal that unites two of Hollywood's biggest studios. The merger brings together CBS, HBO, CNN, and Paramount under one corporate umbrella. However, potential lawsuits from state attorneys general could still pose challenges to the deal's finalization.

SpaceX sets stage for record $75 billion IPO as investors scramble

SpaceX sets stage for record $75 billion IPO as investors scrambleSpaceX's record-breaking $75 billion IPO attracted intense demand from both institutional and retail investors, with many individual investors scrambling to secure shares despite valuation concerns. Analysts are now turning their focus to the company's post-IPO roadmap and growth trajectory. In a separate development, Perplexity AI has announced plans for an IPO in 2028.