Anthropic IPO: Please try again
SPY•SPY•SPY•SPY•Anthropic’s IPO details, including plans to raise nearly $70 billion, were reportedly circulated to banks before being retracted late Monday. The company is expected to launch its roadshow Tuesday, with pricing expected the following week.
Details of Anthropic’s IPO, including plans to raise nearly $70 billion, were briefly circulated to banks before being retracted late Monday. The company is expected to formally launch its roadshow Tuesday, with pricing expected the following week. Markets showed little reaction to the news.
Lower oil prices helped lift risk appetite as stocks rose, while Brent crude was last down 1% at $91.45 a barrel. Investors were also watching US inflation data; economists surveyed expected CPI to rise 0.3% last month after a 0.6% increase in September. Traders priced in an 84% chance of a rate hike next month, up from 74% a week earlier.
