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via finance.yahoo.comMarkets

Anthropic's IPO plans run up against a battered Wall Street as tech stocks sell off

FROM THE WIRE · FINANCE.YAHOO.COM

Anthropic (ANTH.PVT) is widely expected to launch its initial public offering sometime between now and the end of the month. But those chances ran into a massive market buzzsaw on Thursday amid a widespread pullback in tech stocks, with names including AMD (AMD), Broadcom…

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishThe sharp tech selloff lowers odds of an Anthropic IPO by month-end, weighing on sentiment across the sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Nasdaq fell more than 5% in Thursday's session.
  2. 02The S&P 500 dropped nearly 4% and the Dow more than 3%.
  3. 03Kalshi odds of an IPO filing by Nov. 30 fell from 84% to 60%.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA CorporationNVDAStock182.83 USD-0.30%today -8.64%Negative Advanced Micro Devices, Inc.AMDStock414.41 USD-0.22%today -15.22%Negative Broadcom Inc.AVGOStock294.95 USD-1.01%today -9.38%Negative Tesla, Inc.TSLAStock343.04 USD+0.23%today -10.94%Negative NASDAQ CompositeINDEX:IXICIndex24,401.21+0.04%today -5.19%Negative S&P 500INDEX:SP500Index7,372.37-0.02%today -4.11%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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