New York Angels' Peck Says Anthropic IPO Could Lift Tech After AI Selloffs

Keywords

NVDAQQQIPOAnthropicartificial intelligencetech stocks

Open a keyword to see other news on the same topic.

Related tickers and likely impact

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

• Anthropic’s IPO is a high-stakes referendum on Big Tech — and this chart proves it

  The article notes that tech giants such as Broadcom, Google and SpaceX have a great deal at stake as Anthropic heads for the public market. It frames Anthropic's IPO as a high-stakes test for Big Tech.

  MarketWatch·03/11, 21:04• QQQAnthropicIPOQQQ
• Anthropic Just Released Updated Numbers Ahead of Its Nov. IPO. Revenue Growth Slowed Sharply.

  Anthropic, the company behind the Claude AI model, is preparing for a November IPO at a valuation of around $1.5 trillion, down from earlier talk of $2 trillion. An amended prospectus adding Q3 figures shows revenue of just under $17 billion, up 1,127% year over year and about 47% sequentially, though sequential growth slowed sharply from 144% in Q2. The company said price cuts on new models and contractual discounts reduced Q3 revenue by about $600 million; adding that back would put sequential growth at roughly 52%. The article notes that capacity constraints, summer seasonality and restrictions on customers who violated terms may explain part of the slowdown, but questions whether Anthropic's pricing power is eroding as AI moves toward becoming a commodity.

  Yahoo Finance·02/11, 23:40▼ NVDA• AMZN• GOOGL• MSFTAnthropicIPOvaluation
• 1 Big Winner and 1 Loser From the Upcoming Anthropic IPO

  Reports suggest Anthropic's upcoming IPO could beat the record for the largest in history. The author expects Broadcom to benefit, as Anthropic reportedly plans major AI infrastructure build-outs and has a five-year agreement worth $161.2 billion for TPU-based compute capacity with Broadcom. Broadcom projects $115 billion in AI revenue for fiscal 2027 and $230 billion for fiscal 2028, though a growing AI chip share could lower gross margins. In contrast, Recursion Pharmaceuticals, founded in 2013, still has no drug on the market, and Anthropic, which says nine of the 10 largest pharma companies are among its clients, could erode its AI drug-discovery edge. The author finds Recursion's stock unattractive given clinical and regulatory uncertainty.

  Yahoo Finance·31/10, 23:05• NVDAIPOAnthropicartificial intelligence
• 3 Major Risks With Anthropic's IPO

  Anthropic has filed its IPO prospectus, in which management claims a $40 trillion total addressable market and revenue growth of 1,300% in the first half of the year versus the same period of 2025. The article highlights three risks: competition from Gemini, ChatGPT, low-cost models like DeepSeek and on-device AI; rising compute costs, with $265.6 billion in future commitments under some agreements and more than $500 billion estimated for others; and a capital structure in which a founding-team LLC holds one share carrying 50.1% of voting rights, which may limit Class A shareholders' influence over key decisions, including a change of control. In Q2, compute and infrastructure expenses rose 300% against 1,368% revenue growth, a gap the author says may not last.

  Yahoo Finance·31/10, 11:05• NVDANVDAAnthropicIPO
• Jim Cramer sees more pain for beaten-down AI stocks: ‘I think it’s too soon to say the coast is clear’

  The Nasdaq CTA Artificial Intelligence Index, which tracks 58 AI-linked stocks, fell 7.0% over the last month, while the AIQ ETF rose just 0.12% over three months. In his October 18 Investing Club column, Jim Cramer said it is too soon to return to the hardest-hit AI data center stocks and wants to see improved charts, hyperscaler reports, the end of the U.S. election and the Anthropic IPO first. Stockatomics founder Monte Malukas said his AI Infrastructure Index is up about 70% over the past year and memory chip prices have risen nearly fivefold, and he would watch hardware prices and shipment volumes as early signs of weaker demand. Meta reported negative free cash flow of $2.12 billion in Q3 2026 and expects 2026 capex of $135–145 billion, while Harry Hamann of InvestWealth.com said Microsoft, Alphabet, Amazon and Meta point to about $700 billion of capex in 2026. The Anthropic IPO, expected in mid-to-late November at an estimated $1.5–2 trillion valuation, is seen by some as a test of whether AI companies can turn demand into profit.

  Yahoo Finance·30/10, 10:15▼ NVDAartificial intelligencedata centersAnthropic
• The Smartest AI Stock to Buy on Anthropic's IPO Filing Isn't Anthropic

  Anthropic has filed an S-1 with the SEC, signaling a future IPO, and lists Nvidia among its major industry partners. The author notes Anthropic uses multiple chips, and Nvidia's GPUs are heavily used in cloud environments where customers run Claude-based products. Nvidia expects global AI data center capital expenditures to reach $3 trillion to $4 trillion annually by 2030 and has guided for 70% revenue growth in 2027. Yet the stock trades at about 23 times this year's earnings estimates, 13.6 times next year's, and 27 times trailing earnings, which the author says does not reflect growth beyond 2026. The author argues Nvidia remains a strong AI investment, and other companies' 2027 spending plans could confirm that view.

  Yahoo Finance·30/10, 07:50▲ NVDANVDAAnthropicIPO

Related markets

US stocks →

Latest news

• 4 market-moving issues investors should watch now that the midterms are over

  The Democrats swept Tuesday's election, and the article says this could have far-reaching consequences for markets and the economy.

  MarketWatch·04/11, 19:12• QQQ• SPYmidterm electionsDemocratic PartySPY
• California's billionaire tax on track for defeat as the state continues to count votes

  California's Proposition 40 would impose a one-time 5% tax on residents and trusts with assets over $1 billion, affecting an estimated 200 billionaires, with revenue going mainly to healthcare, food assistance and education. With 60% of votes counted on Wednesday, the measure was trailing by over 11 percentage points, though the race had not yet been formally called. Big Tech opposition was fierce, with Google co-founder Sergey Brin reportedly contributing $102 million to a committee fighting the measure. Outgoing Governor Gavin Newsom also opposed it, arguing that billionaires would both dodge the tax and leave the state. Nationally, voters in Texas flipped a Senate seat to Democrats despite Elon Musk spending more than $200 million to keep it in Republican hands.

  Yahoo Finance·04/11, 19:08taxesbillionairesmidterm elections
• Credo Sinks 10% as Democratic Sweep Hits AI Data Center Stocks: “Biggest Worry”

  Credo Technology (CRDO) shares fell 10% alongside AI data center stocks after Democrats won both chambers of Congress and key governors' races, pledging tougher limits on data center construction. The biggest concern is Texas, where Democrat Gina Hinojosa beat Gov. Greg Abbott on a promise of an immediate data center moratorium; Dan Ives noted the state will supply around 25% to 30% of data center capacity. Active electrical cables supplied over 99% of Credo's revenue growth in fiscal 2026, and the article argues a Texas moratorium is a bigger threat to the $3.88 billion fiscal 2028 estimate than to this year's. Dell dropped 9% and Coherent fell 7%, while Amazon rose 7% as AWS sales grew 39%. Credo's forward P/E of 19x at Tuesday's close was its three-year low and far below its 63x average, and its early-December report will show whether customers are ordering fast enough to deliver growth above 85% this year.

  Yahoo Finance·04/11, 19:06▼ AMZN▼ NVDAdata centersartificial intelligenceNVDA
• Lucid Jumps 12%, Rivian Climbs 6% as Post-Election Rally Lifts EV Stocks; Tesla Slides 3%

  Lucid rose 12% to $3.38 and Rivian gained 6% to $14.04 as a post-election risk rally lifted smaller EV stocks, while Tesla fell 3% to $388.52 amid concerns over Democrats' control of Congress and its effect on Elon Musk's companies and AI build-out. Lucid's gain has little operational support: its Q3 2026 deliveries of 3,806 fell from a year earlier after production cuts, and the stock is still down 68% year to date. Rivian has a steadier footing, raising its 2026 delivery guidance to 67,000 to 70,000 vehicles after its R2 became its best-selling model by volume, though its free cash flow was negative $1.12 billion last quarter. Nio rose 4% to $3.31, and the article says its gain reflects a broad risk-on move more than U.S. policy specifics. Investors will watch Lucid's report next week for progress on its cash flow plan, with bulls pointing to robotaxi testing and bears to its stockholders' equity deficit, cash burn and a pending securities fraud lawsuit.

  Yahoo Finance·04/11, 19:04▼ TSLAelectric vehiclesTSLARivian
• A massive trade just happened in a leading mortgage lender: Watch Options Action Live

  After the Democratic wave in the midterms, stocks surged as options traders sold volatility and rotated away from big-tech trades; the S&P 500 rose just under 2% by midday Wednesday, recovering losses from Friday and Monday. The Cboe Volatility index fell about four points to below 17, its biggest one-day drop since at least July, while WTI crude traded below $90 and energy stocks fell 5.6%, the largest decline in the S&P 500. Options on the Energy Select Sector SPDR ETF (XLE) ran at more than three times their 30-day average, with 57% puts, and the top trade was the 62.5-strike put expiring Jan. 15, per SpotGamma data, suggesting a possible gradual reversal in the sector that has been 2026's best performer. Mortgage lender Rocket Companies, which fell almost 50% this year before recovering last month, saw options volume at double its average, with 90% of 110,000 contracts being calls. On the other side, the solar ETF TAN rose another 9% to its highest since July on volume more than five times average, while the semiconductor ETF SMH fell 2.6% to its lowest since May, with 70% of its options volume in puts.

  CNBC·04/11, 19:00optionsS&P 500oil prices
• Voters rebuff data centers in every ballot measure except one during the 2026 midterms

  Of 41 local ballot measures in 10 states that would have restricted data center construction, voters sided against data centers in all but one, in Harwood, North Dakota, where the city voted against a charter amendment requiring extra review of industrial developments, including data centers. The result came alongside Democratic wins in Ohio, where Sherrod Brown ousted Republican Sen. Jon Husted and Amy Acton defeated Vivek Ramaswamy, and in Texas, where Gina Hinojosa unseated Gov. Greg Abbott. Ohio is also home to OpenAI's planned 8-gigawatt campus, developed by SoftBank and SB Energy with the U.S. Department of Energy, which could cost more than $500 billion in total, with Nvidia also backstopping the project. In a CNBC Voter Poll, 56% of voters called data centers a crucial or major factor in their decision, with Democrats ranking the issue higher than Republicans. Democrats, including Rep. Greg Casar, are calling for AI executives to testify under oath, as hyperscalers such as Alphabet, Amazon, Microsoft and Meta keep spending hundreds of billions of dollars a year on AI infrastructure.

  CNBC·04/11, 18:58data centersmidterm electionsartificial intelligence