Mar 27, 1998 12:06 PM

Market Update

Slumping oil prices provided a crude awakening for industry confidence, and stocks followed the slide. The Dow was off 38.38 points at 8813.51 at midday. The Nasdaq was off just over a quarter-point at 1828.25.

Comments

The Atlantic’s Near-Record Hurricane Drought Is About to End

Tropical Storm Isaias is set to become the basin’s first hurricane of the season, bringing life-threatening rain and storm surge to the Gulf Coast.

Brian Kahn

Oil Spills Wreak Havoc on the Bottom of the Ocean, Even a Decade Later

While oil is known to float, new research finds that over time it can permeate even extremely deep marine habitats, with animal populations declining by as much as 80 percent.

Bob Berwyn

Polymarket Halted International Trading After Hackers Drained Accounts

The company says an unnamed third-party provider was compromised. Trading has resumed, and Polymarket says affected traders will be made whole.

Kate Knibbs

The MacBook Air Drops to Its Lowest Price Since June for Prime Day

At $1,099, the MacBook Air is $200 off its retail price for Prime Day, its lowest price in months.

Luke Larsen

Why Anthropic’s IPO Prospectus Is Missing So Many Key Figures

Anthropic’s S-1 filing is hundreds of pages long—and it leaves out quite a few financial details. “Anthropic owes investors more information,” one analyst tells WIRED.

Lauren Goode

Earth’s Condition Is ‘Serious and Getting Worse’ as Climate Change Intensifies

Seven of 16 planetary vital signs are in their most extreme state ever recorded, and El Niño is here to make matters even worse.

Brian Kahn

Anthropic Flags Gas Supply as One of Its Biggest Near-Term Risks

The data center buildout could cause a massive increase in gas prices as companies scramble for limited supplies and infrastructure fails to meet demand.

Molly Taft

This Is What the GOP’s Final Midterms Push Looks Like

Republicans are spending their time and money on Senate races in historically red states—a sign they’re more nervous than ever as Election Day looms.

Hugo Lowell

America’s Hybrid Hype Has Hit the Used Market

Demand is so high that some used cars are selling for more than new ones.

Aarian Marshall

Pour One Out for the Leap Second

The metric might not mean much to laypeople, but leap seconds have been a source of contention in the timekeeping community for years. Now, they’re dead.

Brian Kahn

Digger Is a Box Office Flop. It Might Be the Most Relevant Film of the Year

Sold by its trailer as a gag reel, Tom Cruise’s strangest movie may be the most unsettling portrait of our tech and climate moment yet.

Carla Sertin

Anthropic’s IPO Prospectus Reveals What’s Under the Hood

Anthropic on Monday filed documents ahead of a blockbuster IPO that offers insight into the company’s financials, risk factors, and views on the future of AI.

Joel Khalili