An Anthropic IPO when the AI trade is this turbulent? Godspeed!
Wall Street takes a harder look at AI costs after historic midterm results. Plus, the upside to Apple’s lack of artificialintelligence spending.…
Anthropic’s IPO is a high-stakes referendum on Big Tech — and this chart proves it
Tech giants like Broadcom, Google and SpaceX have plenty of skin in the game as Anthropic heads for the public market. Source:MarketWatch
Behind Anthropic’s 1,127% revenue surge — and the computing bill that erased its profit
Anthropic just filed updated financial paperwork ahead of an IPO that could come by the end of this month. Source:MarketWatch
Anthropic swings to third quarter operating loss as compute costs surge ahead of IPO
The Claude developer generated $17 billion in quarterly revenue, but higher computing costs resulted in a $567 million operating loss. Source:CoinDesk
Traders are already placing leveraged bets on Anthropic’s IPO using crypto contracts
Trade.xyz’s new ANT contract fell about 20% in its first hour on Hyperliquid. There are no shares behind it, and U.S. traders are locked out. Source:CoinDesk
You can expect the stock market to rally no matter who wins on Election Day
Also in Weekend Reads: Dividend stocks, a way to jump on the Anthropic bandwagon ahead of its IPO, and advice from The Moneyist. Source:MarketWatch
Chipotle expects modestly higher sales this year as drive-thru ‘Chipotlanes’ come to more stores
The fastcasual chain says menuprice increases helped results. It also noted rising beef costs and “higher protein usage” as people try to find ways to pack…
Bullish on Anthropic but don’t want to wait until the IPO? Here’s how you can invest today.
ETFs and other funds currently available to ordinary investors offer exposure to Anthropic. Source:MarketWatch
Cybersecurity’s Black October: How to protect yourself
Each day brings news of another AIpowered attack, or a newly discovered vulnerability. Here’s what’s happening and how ordinary people can protect themselves…
CoreWeave and other AI stocks rise as Anthropic restores the market’s faith in sustained spending
Now that investors have been able to dive further into Anthropic’s IPO filing, they’re seeing the same sorts of trends that helped buoy AI stocks for much of…
When will Anthropic go public? Here’s what to know about the IPO timeline.
By filing IPO paperwork on Monday, Anthropic can conduct its investor roadshow the week of Nov. 9 and would be eligible to go public as soon as the following…
RedotPay weighs confidential US IPO filing by year-end: Bloomberg
The stablecoin payments company previously disputed reports that its US listing had been delayed. Source:Cointelegraph