Wall Street is pressuring AI companies Anthropic and OpenAI to proceed with their IPOs soon due to fears of a left-wing Democratic takeover of Congress after the November elections. Investors worry that Democratic Socialists could trigger prolonged hearings and regulatory scrutiny on AI-related issues, potentially delaying or complicating tech deals. Anthropic is expected to file for an IPO before Thanksgiving, while OpenAI plans to go public next year but may face pressure to expedite its timeline before January 3, when the new Congress convenes. Additionally, Meta is planning a large secondary stock offering to fund its AI projects, adding to the market dynamics. The outcome of the elections could lead to legislative gridlock, but the presence of extreme left-wing lawmakers might bring aggressive opposition to AI expansion, increasing uncertainty for tech IPOs.
As Wall Street urges AI firms like Anthropic and OpenAI to rush their IPOs before potential political shifts, Meta's stock shows modest movement. On Pluang, Meta trades at USD 644.12, down 0.73% as of Oct 23, 2026, 18:11 WIB, with a market cap of $1.65 trillion and a dividend yield of 0.32%. Investor activity on Pluang is nearly balanced, with 52% buying and 48% selling, reflecting cautious sentiment amid evolving tech sector dynamics.
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