BREAKING: Anthropic investors are now discussing an IPO at a $1.2T valuation, 40% lower than its earlier $2T target
Anthropic-linked perpetual futures on Liquid have also dropped alongside the massive tech selloff, implying a $1.7T valuation
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"If you want to become really wealthy, you must have your money work for you."
— John Templeton
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$GOOGL is investing $17B in a Wyoming AI campus with 2.7 GW of planned power capacity that could eventually scale to 10 GW while covering all its own power costs.
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Breaking: A widespread selloff in AI shares is hammering the Nasdaq, down 5% midday. The index has now entered correction territory. on.wsj.com/4fbQ7eU
Financial & Market Highlights: Corporate Shifts, Energy Trends & Financial Developments | Week of Nov 02 - 06 | Midweek Edition by Grey Catalyst Asset Management-910 Equity Development Outlook gcam9ed.substack.com/p/finan…
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$ANT plans to have more than 3.5 GW of computing power by the end of this year which is equivalent to output of 3 large nuclear reactors.
That puts its hundreds of billions in commitments across $AVGO, $GOOGL and $AMZN into perspective as AI scaling becomes a big power problem.
Anthropic scales faster by plugging into Big Tech’s existing distribution.
$AMZN and $GOOGL help it scale infrastructure and reach customers without building those channels from scratch.But that also puts more of Anthropic’s business in the hands of two companies.
After the Anthropic IPO @TradrETFs expects to launch leveraged long and short ETFs, $ANTT and $ANTZ.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. See the pre-effective prospectus. sec.gov/Archives/edgar/data/…
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“Leverage is the only way a smart guy can go broke: if you owe money and can't pay it off. Just pay for everything, do smart things, and eventually you'll get very rich.”
— Warren Buffett
Global Markets: AI Investments, Crypto Developments, and Shifting Investor Sentiment | Week of Nov 02 - 06 | Start of the Week Edition by Grey Catalyst Asset Management-910 Equity Development Outlook gcam9ed.substack.com/p/globa…
Binance said it recorded $3.64 billion in net outflows after reopening withdrawals on Sunday following a $6.3 billion hack, as customers rushed to move funds off the platform.
Binance said withdrawal volumes had declined and were stabilizing following an initial spike: cnb.cx/3UqzKEn
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Binance, the world’s largest cryptocurrency exchange, has suffered a record $6.3bn heist in an industry increasingly beset by them.
Its scale dwarfs the biggest crypto thefts of recent years. Some of the other most notable are: ft.trib.al/3FEyHiH
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Only Nvidia has ever lost more market value in a single day than $GOOG did today.
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Kind of crazy how much money there is swirling around the market looking for a place to go.



































