Anthropic, an AI company known for its Claude chatbot, is increasingly expected to go public on Nasdaq by late October, with a 62% probability according to prediction markets. The company filed confidentially for listing in June and is working with major banks like Goldman Sachs and JPMorgan. Its recent private funding valued it at about $965 billion, and a public valuation above $1 trillion would be a milestone for AI firms. The market also sees a high chance Anthropic will go public before OpenAI and is unlikely to be acquired before 2027.
Lucid's stock has seen volatile swings recently, with a shift toward bearish sentiment after its August earnings report missed revenue and loss expectations. Despite a July surge fueled by confidence from a Saudi royal investor, the company's quarter...
SpaceX shares surged about 10%, rising 35% from recent lows, driven by excitement over its AI coding firm Cursor. Analysts highlight Cursor's potential to generate significant revenue, with Morgan Stanley projecting annual recurring revenue growth fr...
Morgan Stanley analyst Adam Jonas reaffirmed a 'Buy' rating on SpaceX stock, forecasting a 116% rise to $300 in 12 months, driven by optimism around the upcoming Cursor acquisition. The firm also outlined a bullish scenario where the stock could reac...
