THE MAIN CATALYST · Anthropic's Filing Eases Doubts About Returns on AI Spending
FilingPublic S-1 filing for a Nasdaq IPO on Oct. 26 U.S. time · First-half revenue about 14 times the year-earlier figure · First operating profit in Q2 · CATALYST 06
What It AddressedWhether enormous AI outlays can generate profits · A question lingering after Meta's selloff
U.S. Stocks +2.82% · Nvidia +2.39% · Micron +2.98%
OilWTI crude on Oct. 26 U.S. time -1.46% · Hopes of easing Middle East tensions · The oil-price pressure that helped trigger the Oct. 26 selloff receded
JapanNikkei 225 +1.73% · But the TOPIX was up only +0.61%, and decliners outnumbered advancers on the Prime Market
The CaveatAnthropic's first-half net loss was still enormous · Meta fell on plans for a share offering that same day -1.88%