Polymarket traders still expect Anthropic to go public in October with a 63% probability, despite delays in its roadshow and public prospectus filing. The roadshow, where executives pitch to institutional investors, has been pushed to mid-October partly due to ongoing negotiations over a $15 billion credit facility. Underwriters Goldman Sachs, JPMorgan Chase, and Morgan Stanley aim for a listing just before the November 3 US midterm elections. Anthropic confidentially filed with the SEC in June and was last valued at $965 billion after a $65 billion funding round in May. Market expectations on its valuation vary between $1.75 trillion and $2.25 trillion.
Anthropic is close to finalizing a $15 billion expansion of its revolving credit facility, a key step before its planned IPO. Major banks including Morgan Stanley, Goldman Sachs, JPMorgan Chase, and Citigroup are leading both the credit facility and ...
Morgan Stanley downgraded TotalEnergies from Overweight to Equal Weight, citing valuation concerns despite the company's strong Q2 results. TotalEnergies reported $6 billion in adjusted net income and $9.8 billion in operational cash flow, while acqu...
