Anthropic's anticipated IPO valuation has potentially dropped from $2.5 trillion to around $1 trillion amid a tech selloff and investor pushback. Despite strong revenue growth, the company faces massive future spending commitments and slower growth, causing concern among its public partners like Amazon, NVIDIA, and Microsoft. This valuation shift could influence how Wall Street values AI investments and infrastructure spending. The IPO, planned before Thanksgiving, might be delayed as investors reassess the market appetite for AI stocks.
Amazon shares are trading at USD 259.30 with a slight decline of 0.35% as of Nov 08, 2026 23:21 WIB on Pluang. Nvidia is up 2.78% at USD 186.64, showing some resilience in the tech sector despite the IPO uncertainty. Microsoft is down 0.99% at USD 530.61, reflecting cautious sentiment among investors in major AI-related stocks.
Amazon is renewing its efforts in home robotics by assembling a new team to develop a "new-to-world robot product," following the limited market impact of its $1,450 Astro robot launched in 2021. The company acquired Fauna Robotics and integrated its...
Amazon refreshed its Kindle lineup with a significant design overhaul, including a new 6-inch basic Kindle priced at $169.99 for the ad-free version. Despite lacking features like warm light, color display, and waterproofing, this model is now lighte...
Chip stocks and tech indexes fell sharply, with the Nasdaq Composite dropping 5.52% and the Philadelphia Semiconductor Index down 12.2%, sparking talk of an AI bubble. Michael Burry, known for his bearish calls, had bet against AI-related stocks with...
Amazon's third-quarter earnings missed estimates slightly, but strong AWS revenue growth of 39.3% and record operating margins keep analysts bullish. Nearly all analysts rate Amazon as a Buy, with price targets suggesting potential new highs. However...
ARK Invest, led by Cathie Wood, sold $12.8 million worth of Alphabet shares shortly after the stock experienced its worst trading day since its 2004 IPO, losing nearly half a trillion dollars in market value. The selloff followed Alphabet's Q3 earnin...
