Anthropic IPO news: Valuation slips to $1.5 trillion as AI Bubble Index rises
Anthropic’s IPO faces major headwinds, with the company expected to go public at a significantly lower valuation than initially anticipated amid the ongoing jitters in the artificial intelligence (AI) industry. Anthropic…
Star analyst says recent tech rout a ‘golden buying opportunity’
Tech stocks suffered a sharp sell-off in the wake of the US midterm elections, wiping hundreds of billions of dollars from market values and pushing the Nasdaq Composite into correction…
Anthropic IPO faces test after recent selloff: What Wall Street experts are saying
Anthropic’s highly anticipated initial public offering is facing a difficult test as a sharp selloff in artificial intelligence stocks raises questions about its proposed $1.5 trillion valuation and the timing…
Three consumer stocks worth buying after US midterm elections
Consumer discretionary stocks have emerged as one of the market’s biggest winners in the wake of the US midterm elections.This has been fuelled by easing inflation expectations, falling Treasury yields,…
What next for the IAG share price after earnings?
IAG share price wavered on Friday, reaching a high of 437p, its highest point since August 24, up by 13.7% from its lowest point this month. This performance happened after…
Nasdaq rebounds 1% as chip stocks recover; Dow falls despite strong jobs data
US stocks opened higher on Friday as chipmakers and technology stocks recovered from Thursday’s sharp selloff. The Nasdaq Composite led the rebound, while Dow Jones remained under pressure, as investors…
Airbnb stock analysis after boosting its revenue and profit guidance
Airbnb stock jumped to its highest point since November 2021 after the company published strong financial results. It jumped to $193, up by 136% from its lowest point on record,…
Snap stock falls 10% as revenue and user growth miss estimates
Snap shares SNAP fell more than 10% in premarket trading on Thursday after the social media company reported third-quarter revenue and user numbers that missed Wall Street expectations, raising questions…
Nasdaq opens 1.4% lower as chipmakers and AI infrastructure stocks extend loss
US stocks opened lower on Thursday, with the Nasdaq under pressure as chipmakers and data centre-related stocks extended their declines for a second session. Investors continued to assess the potential…
Wendy’s ‘no’ to Peltz may be a bigger gamble than investors realize
Wendy’s (WEN) is back in the spotlight after rejecting a $1.4 billion take-private offer from a consortium led by activist investor Nelson Peltz’s Trian Fund Management.The proposal offered shareholders $7.35…