DefiBanked

$400 billion has been wiped out from $META market cap in the last 14 days as the stock crashes 20%, officially entering bear market territory Reasons: 1. Meta spent $34.9 billion in one quarter, and expects to spend $135 billion to $145 billion in 2026 2. Its cash after spending turned negative at $1.16 billion, against positive $11.2 billion a year earlier 3. Its debt rose to $80.9 billion, from $58.7 billion at the end of 2025 4. Profit from operations fell to 20% of revenue, from 40% 5. Meta launched a $35 billion stock sale on Monday to fund AI spending 6. It plans to sell up to $60 billion more in new non-voting shares starting in 2027 This is one of the “Magnificent 7” we are talking about

🚨 THE FIRST AI BUBBLE HAS BURST. China's STAR50 index, which tracks the country's biggest AI and chip companies, has crashed 40% in less than four months. That has wiped out about $480 billion in market value. The damage has spread across the whole market. China's main CSI 300 index is now in a bear market, down 20% from its June high, and Chinese stocks have lost $3.5 trillion in total value since their May peak. China's two listed AI model companies, MiniMax and Zhipu, have lost a combined $150 billion from their highs. Robot maker Unitree crashed 50% since its August listing, and optical parts makers Zhongji Innolight and Eoptolink are down about 60%. The warning signs were already there. At the peak, the STAR50 traded at almost 250 times earnings. AI stocks made up 42% of China's entire stock market and 57% of all trading, mostly driven by retail investors. Now look at the US. AI-linked stocks make up 49% of the S&P 500's value, according to JPMorgan. That's even higher than China's 42% before its crash. The S&P 500's Shiller P/E ratio is above 40, the second highest in over 150 years. The only time it was higher was right before the dot-com crash. Margin debt, the money investors borrow to buy stocks, has hit a record $1.5 trillion. And Anthropic just filed for an IPO that could value it at $2 trillion, after losing $80.7 billion in the first half of this year. The US is now flashing the same warning signs China did before its AI stocks crashed.

🚨 ANTHROPIC'S $1.5 TRILLION IPO FILING REVEALS SOME TERRIFYING NUMBERS. The company behind Claude has officially filed to go public, but its financial disclosures raise serious questions. Here are the biggest revelations: 1. MASSIVE LOSSES: Anthropic reported an $80.7 BILLION net loss on just $16.29 billion in revenue during the first six months of 2026. Around $72.4 billion of that loss came from noncash accounting charges. Its operating loss was approximately $693 million. 2. ENORMOUS AI SPENDING: The company disclosed approximately $245 BILLION in future minimum computing-capacity payments. It also has massive agreements with Amazon and Google, alongside substantial equipment lease obligations. 3. HEAVY BIG TECH DEPENDENCE: Around 47% of Anthropic's 2025 revenue came through Amazon and Google's cloud marketplaces. These companies are also major investors, infrastructure providers and competitors. 4. CUSTOMER CONCENTRATION: Just two customers accounted for approximately 24% of its 2025 revenue. Losing either could have a significant impact on its business. 5. NO EXPECTED DIVIDENDS: Anthropic does not expect to pay cash dividends in the foreseeable future. Investors would mainly depend on the share price increasing to make money. 6. LIMITED SHAREHOLDER CONTROL: Its seven co-founders would collectively control 50.1% of voting power on major matters. Public investors could own shares without having much influence over important decisions. 7. SAFETY OVER PROFITS: Anthropic acknowledges that its AI safety priorities could conflict with shareholders' financial interests. Its special governance structure gives its Long Term Benefit Trust significant influence. 8. EXTREME VALUATION: At a potential $1.5 TRILLION valuation, Anthropic would be worth roughly 46 times its annualized first-half revenue. Even using its higher reported Q3 revenue, that multiple would still be around 22 times annualized sales. 9. INTENSE COMPETITION: The filing highlights risks from competing AI developers, falling AI service prices, rising computing costs and rapidly changing technology. 10. AI SECURITY RISKS: Anthropic also warns about potential misuse of advanced AI, cyberattacks and the possibility of serious harm from increasingly capable AI systems. All this comes as the company prepares to list on Nasdaq under $ANT. An $80.7 BILLION reported loss, hundreds of billions in computing obligations, no expected dividends and limited shareholder voting power. These are some of the biggest risks disclosed in an IPO that could value Anthropic at $1.5 TRILLION.

BREAKING: Microsoft $MSFT is offering buyouts to 60,000 employees as it cuts costs and reshapes its workforce for the AI era. That means about 27% of its entire workforce is being offered a package to leave the company. Meanwhile, Microsoft is on track to spend $175 billion on AI infrastructure this year, after cutting around 15,000 jobs last year.

BREAKING: 🇧🇷 Brazil's largest oil company Petrobras $PBR crashes -14% after Lula da Silva defeats Flávio Bolsonaro in the presidential election.

🚨 ABSOLUTE BLOODBATH IN GLOBAL MARKETS $10 TRILLION has been wiped out from global stock markets from their yearly highs. 🇰🇷 South Korea: -43%, wiped out $1.15T 🇮🇩 Indonesia: -42.39%, wiped out $0.40T 🇹🇷 Turkey: -29%, wiped out $0.12T 🇨🇳 China: -19%, wiped out $2.90T 🇭🇰 Hong Kong: -18%, wiped out $1.10T 🇯🇵 Japan: -15.45%, wiped out $1.20T 🇮🇳 India: -10.84%, wiped out $0.57T 🇺🇸 USA: -2.95%, wiped out $1.99T

BREAKING: 🇬🇧 The UK government is asking its citizens to prepare for major cyber attacks by stockpiling emergency supplies at home. This comes just one day after several UK government websites were taken offline because of cyber attack risk.

BREAKING: Over $450 Billion has been wiped out from gold and silver in just 60 minutes.