5 Key Business Updates: July 30, 2025 - Anthropic Funding, SoFi Offering, EA, Netflix, and Hess Trucks

AI Startup Funding

• 💡 Anthropic is reportedly close to securing a $5 billion funding round, which would value the AI company at $170 billion.
• 🎯 This significant investment is being led by Iconic Capital, according to a Bloomberg report.

Financial Market Moves

• 📉 SoFi Technologies experienced a stock decline following the announcement of a $1.5 billion share offering.
• 💰 The company plans to use the proceeds for general corporate purposes.
• 📈 The offering comes after SoFi's stock closed 6.6% higher the previous day, driven by earnings that surpassed analyst expectations.

Gaming and Entertainment Performance

• 🎮 Electronic Arts (EA) reported better-than-expected profit and revenue, partly due to the success of its F1 racing game.
• 🎬 Adam Sandler's Happy Gilmore sequel achieved 46.7 million views on Netflix in its opening weekend, marking the streamer's biggest original release debut.

Business Buyback and Trademarks

• 🚚 John Hess intends to repurchase his family's iconic toy truck business from Chevron next year.
• 🤝 This move follows Chevron's acquisition of Hess earlier this month and a separate deal concerning trademarks associated with the Hess family name.
• 💖 The discussion highlights a nostalgic appreciation for the toy trucks and their enduring appeal.