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IPOAnthropicMETAAI investmentartificial intelligence
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Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.7T |
| Close on 10/23/2026 | 642.62 |
| Change that session | -0.96% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Meta funds their AI build-out, Musk raises $40B in chip debt, and Anthropic's IPO
The 8:30 show, hosted by Julie Hyman, Jake Conely and Pras Subramanian, covers the day's top stories, including Meta's plan to raise as much as $95 billion for its AI build-out, SpaceX (SPCX) raising $40 billion to pay down chip debt, and the bulls' reaction to these moves. Anthropic (ANTH.PVT) has officially filed for an IPO, targeted for mid-November.
- Anthropic Will Be The Last AI IPO Of 2026, As Industry Collapses
Business Insider founder Henry Blodget noted Anthropic’s month-over-month revenue growth flattened last month, while the article says AI funding is tightening: CoreWeave (NASDAQ: CRWV) is paying up to 13% on new debt, SoftBank has debt problems, and as many as 1,000 communities are trying to block AI data centers. Borrowing for data centers could reach $1 trillion a year through 2030, and shares in AI data center company Elice fell 33% on its IPO launch, the worst opening day for a sizable Korean IPO according to Bloomberg data. The article says Anthropic could be valued at around $2 trillion on IPO day, but under GAAP it is not profitable despite management’s claims, and a trust controlling the board has incomplete disclosures. It concludes Anthropic may list, possibly below $2 trillion, while no other AI firm is likely to IPO this year.
- Shots Fired: Meta Is Developers on Outside AI Tools “in Half”. That’s a Big Problem for Anthropic
Meta has reportedly cut the number of staff using Anthropic's Claude Code from about 60,000 to 30,000 this year, moving engineers onto its own coding tools. Microsoft has reportedly cut its projected internal Claude spending by more than a third. Anthropic depends on a few large customers, and Kedrosky estimated Meta was roughly 10% of its 2025 revenue. Anthropic's reported $16.8 billion third quarter showed slowing growth, and Bloomberg Intelligence's Mandeep Singh named Meta's new frontier model as one possible reason. Meta's Claude Code spending of roughly $1.4 billion a year is small next to its $69.7 billion of capex in 2025, so Wednesday's capex guidance matters more.
- Jim Cramer's top 10 things to watch in the stock market Monday
Jim Cramer's Monday list starts with Meta's plan to raise $95 billion for AI infrastructure: $35 billion through underwritten public equity offerings and $60 billion through an at-the-market program, with Nvidia, AMD and Broadcom interested in contributing up to $5 billion as cornerstone investors. Elon Musk said SpaceX secured a $40 billion debt deal for AI chips and that debt markets have almost closed to neoclouds, pressuring stocks including CoreWeave. Anthropic filed its IPO prospectus for a Nasdaq listing under the ticker ANT, with terms to come later and Morgan Stanley and Goldman Sachs named as top underwriters. This busy week also brings the Fed's two-day meeting and earnings from 11 companies in Cramer's Investing Club portfolio, including Amazon, Microsoft and Alphabet, while Bernstein trimmed its FedEx price target to $377 from $397 and UBS raised its Amazon target to $348 from $318. Finally, EQT is buying Range Resources in a $13 billion deal to create the nation's largest natural gas producer.
- Anthropic's IPO Will "Suck a Massive Amount of Money" From AI Stocks, Cramer Warns
Meta Platforms launched $35 billion of stock offerings on Monday and plans a separate $60 billion at-the-market program in 2027, the same day Anthropic reportedly planned to make its IPO filing public. Jim Cramer warns that Anthropic's listing could pull money away from AI stocks such as Nvidia, Microsoft, Amazon and Alphabet. Nvidia's forward P/E is 17x, the low of its three-year range, while Microsoft trades at 27x forward earnings against a three-year low of 19x, leaving more room to fall if capital is drawn away. The article notes a strong Anthropic debut could boost confidence in the AI data center theme, and Amazon and Alphabet have the most at stake since both hold stakes in Anthropic. The author argues the bigger near-term risk is the new stock supply rather than weaker demand, and expects Microsoft to feel the pressure first.
- Anthropic IPO reminds this former Amazon board member of Jeff Bezos's AWS bet
Investors may have to get comfortable with a public Anthropic (ANTH.PVT) spending billions of dollars on its AI vision, much as Amazon did with AWS, which required heavy capex with little short-term profit. Bing Gordon, a former early Amazon board member, recalled the board repeatedly approving AWS capex, including one year of $75 billion, and worrying about the lack of free cash flow while investing for the future. He said the market is usually poor at judging returns three or four years out, and that trust in the CEO, as the Amazon board had in Bezos, matters. The prospectus shows first-half 2026 revenue of $16.3 billion, up from $1.1 billion a year earlier, but a first-half net loss of $80.7 billion; bankers reportedly target a valuation of $1.5 trillion to $2 trillion, with a debut possibly before the end of November.
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Latest news
- Anthropic Just Filed to Go Public. Should You Buy the Stock?
Anthropic publicly filed its S-1 on Monday and is set to list next month, earning revenue from subscriptions and usage-based token fees, with its Claude Code platform cited as the key driver of growth. The filing's risk section runs more than 90 pages, ranging from the potential to 'destabilize the geopolitical order' to technology exceeding the ability of 'humans to understand and control.' Revenue reached $16.3 billion in the first half of 2026, about 14 times the same period a year earlier and three and a half times its full-year 2025 revenue. The $80.7 billion first-half net loss includes a non-cash accounting charge of $72.4 billion; excluding it, the net loss is $8.3 billion, the operating loss narrowed from $2.1 billion to $693 million, and Q2 posted a $974 million operating profit. The author says he will pass on the IPO, citing concerns that Anthropic may lack a durable moat as AI models become commodities, pressuring prices while the company keeps spending heavily on its next model.
- FireFly makes another significant high-grade copper-gold VMS discovery
FireFly Metals (ASX, TSX: FFM) reported a new copper-gold VMS system at the Mount Joy prospect within its Green Bay project in Newfoundland, Canada, near the historic Tilt Cove district. Hole FFR26-071 intersected 22.5m at 2.5% CuEq from 109m, including 9.0m at 3.9% CuEq, while follow-up hole FFR26-076 hit about 40m of semi-massive sulphides, with assays pending. Mount Joy lies about 35km from the Ming Mine and 2.6km from the Nugget Pond mill, which is on care and maintenance. The company plans an updated Mineral Resource Estimate and Feasibility Study next quarter, ahead of a Final Investment Decision expected in mid-2027, and had about A$368 million in cash and liquid investments as at 31 July 2026 (unaudited).
- Why Range Resources Stock Surged Today
Range Resources shares jumped nearly 18% on Monday after the natural gas producer agreed to be acquired by EQT in an all-stock deal valuing the combined company at more than $50 billion. The merged company would have over 9 billion cubic feet equivalent per day of net production, three decades of inventory, 3 million net acres of gas-rich land and 3,700 miles of midstream infrastructure. EQT expects $325 million in annual cost savings to lower its free cash flow breakeven price to under $2 per MMBtu, and the combined company expects roughly $20 billion of total free cash flow over the next half-decade. Each Range share would convert into 0.987 EQT shares, Range CEO Dennis Degner will join EQT's board, and the deal is expected to close in the first quarter of 2027, subject to shareholder and regulatory approval.
- Berkshire Hathaway: Is the Stock Still a Safe Buy Without Warren Buffett?
Greg Abel took over as CEO of Berkshire Hathaway this year, replacing Warren Buffett, and the stock has risen around 9% so far this year. Buffett stepped down as chairman last month, with his son Howard taking the role to guard the company's values and culture, while Abel runs the business and Buffett is expected to be far less involved. The author flags uncertainty because Abel has no prior experience managing a portfolio the size of Berkshire's, and notes the company has added to its Alphabet stake and taken a stake in serial acquirer Bending Spoons, which could raise risk and volatility. He says the portfolio may look far different over the next few years, so he is taking a wait-and-see approach for now.
- S&P 500, Nasdaq, Dow Begin Week Higher As Anthropic IPO Filing Rekindles AI Enthusiasm — MSFT, AAPL, CART, VZ In Focus
U.S. stock indices closed higher on Monday after Anthropic filed for an IPO, lifting investor optimism about AI, while markets await quarterly results from major tech firms and the Federal Reserve's October policy decision. The S&P 500 rose 0.7%, the Nasdaq 100 gained 1.1%, the Dow Jones Industrial Average added 0.3%, and the Russell 2000 rose 0.4%. The filing showed more than 1,900 customers paid Anthropic at least $1 million over the past year, nearly double the April tally; according to The Wall Street Journal, the company is targeting a November listing under the symbol ANT, possibly raising $100 billion or more at a valuation of $1.5 trillion to $2 trillion. Brent fell 0.8% to $115.81 a barrel and WTI slid 1.7% to $101.57. Per Bloomberg, Microsoft is extending voluntary buyout offers to about 60,000 employees, and Instacart (CART) shares jumped 8% on reports that DoorDash is in talks to acquire it at a $17 billion valuation.
- Why Nu Holdings Stock Got Crushed on Monday
Nu Holdings shares fell 16.95% on Monday, in line with other Brazilian equities, as investors reacted to Sunday's presidential runoff rather than to company news. Leftist incumbent Luiz Inácio Lula da Silva won and will govern for another four years, and investors worry he will continue direct intervention in strategic enterprises amid a struggling economy and a depreciating Brazilian real. The author says the main risks for Nu are Brazilian consumer strength, borrowers, interest rates and economic development rather than direct intervention, and that Monday's sell-off looks like an unsustainable panic reaction. He argues Nu has grown large enough to weather a slump.
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