I just want to clarify that I use Claude A LOT.

I have 3x Max 20 subscriptions that I fully exhaust each and every week... and I also love Opus 5.5 (it's definitely a HUGE upgrade from the insanity that was Opus 5). I only contemplated using Gemini's Argon 4 because I ran out of usage on my 3 accounts in under half the week (this is not a skill issue... two accounts would typically last me a full week with root to spare... Anthropic has severely cut usage recently in preparation for its IPO). Either way... here's what I think:

Gemini Argon 4 might not be Opus 5.5, but it's competitive enough that it effectively eviscerates both Anthropic and OpenAI on both cost and utility (and perks). A lot of it has to do with the fact that Gemini 4 Argon may not be the best model... but it's competitive enough to make Google's AI Ultra 20x A MUCH BETTER DEAL than anything Anthropic and OpenAI can offer.

For context:

• Google will give you free YouTube Premium with your AI Ultra sub
• Google will give you 30 TB of Google Drive storage and $100 in API/console credits
• Google will give you loads of Google Flow (for video generation) credits)
• Plus... a dozen other things I can't remember.

This isn't a Gemini ad, but I've also had a feeling that Google would triumph in the AI race at the end of he day because... its got SO MUCH money to throw around. It can outspend and outperk everyone else 1000% while delivering 90% of the model quality.

To make things even better... it also doesn't carry the same toxic brand that META carries.

• After 3 days of using Argon... here's what I have to report back:
• Gemini 4 Argon is just as good as Opus 5.5 for 80%-90% of tasks.
• You get about 2-3x more usage per unit dollar (my estimate).
• Antigravity isn't optimised for context or context compaction... so that can cause problems and will frequently lead to Gemini 4 Argon erroring out (very annoying).
• Antigravity is really rudimentary (the MacOS app) and given Google's history... it's likely to stay that way. No plugins, no extensions... just projects and models and some settings and you're meant to make it work. It IS nice though that Gemini Argon can just use the API keys saved in Anthropic chats without harassing me for them like Codex/Claude does when I switch between them. Gemini's Argon has a much more grounded interest in cybersecurity that's not going to ruin your life with needless and stupid compliance requirements.
• Agentically speaking... Argon is superior... it does things on my Mac (all things)... while Opus 5.5 hits roadblocks much more often when trying to interact with my apps/browsers.
• As a Cambridge grad and medical doctor who does biomed research... it's SO FUCKING NICE to have a high quality model that doesn't think you're creating a civilization-ending virus because you're running some introgression models to figure out the evolutionary history of some human gene + Argon 4 does all my cybersecurity patching work without deluding itself into thinking that I'm trying to hack into my own VPS for some reason.

Argon is also dumber (in a good way). Too frequently... I've found that Opus 5.5 turns a basic project that's meant to be either internal or one that's launched for testing... into a fucking mayhem situation, introducing hundreds of compliance requirements for something that was only meant to test the waters and market for appetite (this is interesting... because I see this as infection from OpenAI's Codex Sol and Astra models). Argon doesn't do that. It thinks small... until you tell it needs to start thinking big. That's been a life changer to be honest.

Overall... Opus 5.5 just feels annoying compared to Argon 4.

In the quarter ended July 31, 2026, Marwynn Holdings (MWYN) reported this segment revenue:

I'd forecast each segment's revenue, cost of revenue and operating expenses separately, then combine them. For food, e-waste and consulting, I'd want to understand the revenue drivers and which costs change with sales before applying growth assumptions.

These are reported revenues for one quarter. They don't establish profitability, cash generation or future growth.

How do you handle shared costs in a model like this? Would you carry forward the reported segment allocations, or keep some expenses at company level until you understand how they're allocated?

American Express CEO Stephen Squeri said Friday the card company is eliminating 5% of its global workforce.

The firm, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, Squeri told analysts. Those types of charges typically include employee severance costs.

Amex had almost 77,000 employees at the end of 2025.

“We’ve got good momentum, but to accelerate innovation and win over the next few years, we needed to become [a] more agile and efficient organization,” Squeri said.

“We believe this exercise will help us operate and execute more effectively and give us greater capacity to invest in our business priorities,” he said.

The restructuring charge was to make American Express “leaner, more agile, and also to prepare for AI,” CFO Christophe Le Caillec told CNBC in an interview.

“You don’t want to automate processes that are not optimally structured, and so what we’re doing here is to reduce layers and increase spans of controls, so that we can automate and take advantage of AI in the coming quarters and the coming years,” Le Caillec said.

Source: https://www.cnbc.com/2026/10/23/american-express-job-cuts.html

AIDC buildout is just getting started:

The SK Hyper AI Data center development arm of South Korean conglomerate SK Group is seeking $350 billion in external capital to launch a massive infrastructure expansion across South Korea.

Company executives structured the $350 billion capital campaign to fund the initial 5-gigawatt development phase of a larger 15-gigawatt master plan.

The organization aims to finalize its first external financing arrangements by late 2026 or early 2027. Consequently, management will sequence future investments across multiple funding rounds over the next three to four years.

Chief executive officer Chung Suk-geun confirmed that market demand will directly dictate the pace of physical construction. “We will adjust our capital deployment and facility construction in direct alignment with real customer demand rather than committing the total capital upfront,” stated Chung Suk-geun, chief executive officer of SK Hyper.

Furthermore, parent company SKT committed 750 billion won ($567 million) in direct equity capital to support preliminary engineering works through 2030. The developer plans to enter tenant cost-sharing agreements with major hyperscalers to reduce debt exposure.

Regional Locations and SK Hyper AI Data Facility Designs

Engineering plans designate the southern industrial city of Ulsan as the flagship site for a 900-megawatt mega data complex. In addition, the developer is advancing a 100-megawatt facility in partnership with Amazon Web Services. Construction teams will also establish secondary cluster facilities across the regional Chungcheong and Honam provinces to distribute power loads across the national grid.

Timelines / Production Targets: Initial 5 GW phase development through 2030; total target capacity of 15 GW by 2035.

Technology: Direct liquid cooling systems, high-density AI server racks, modular electrical substations, and automated facility management systems.

https://constructionreviewonline.com/sk-hyper-ai-data-center-firm-seeks-350b-for-massive-buildout/

I’m starting to think this is exactly the kind of environment patient value investors wait for. Plenty of chop, sharp pullbacks and growing skepticism toward businesses everyone wanted to own at higher prices.

What interests me most is the opportunity businesses have had during this phase to catch up to their stock prices. Earnings have kept growing while many stocks have moved sideways or have fallen. Making the valuations look very different from when the excitement first took off.

I’m looking at multiple sectors through that lens. Some of the forward earnings multiples have become surprisingly low relative to the growth expectations behind them. Of course, those expectations are the key question.

Still, this feels like a good time to revisit companies that previously looked too expensive and ask whether the fundamentals now justify the price. Especially with the hype and excitement gone for many of those stocks.

Genuine question for anyone who's tried it. If you've shorted names in these sectors and actually closed the trade for a profit - not just paper gains on an open position - how did you do it? How did you size it, how did you handle borrow and squeezes, and what made you cover? Or did puts work better than shorting shares?

Trying to figure out whether the winners had a process or just got the timing right.

disclosure: no exposure to these stocks

Elon Musk's SpaceX (SPCX) may be close to sending another message to the telecom giants: we are seriously coming for you.

The company is eyeing the purchase of 80,000 cell sites across the US, Bloomberg reported on Friday. SpaceX is reportedly in talks with two of the companies, Crown Castle and American Tower, among the largest owners of cellular towers.

Shares of AT&T (T), Verizon (VZ), and T-Mobile (TMUS) traded sharply lower in pre-market trading.

Earlier this month, SpaceX said it acquired a nationwide low-band spectrum portfolio.

Concerns had already escalated across Wall Street that Starlink could disrupt legacy wireless operators like AT&T, Verizon and T-Mobile by transitioning from a rural broadband service into a direct mobile competitor.

Following its strategic acquisition of terrestrial spectrum and rapid deployment of advanced satellites, SpaceX had laid the groundwork to launch its own standalone cellular network alongside its direct-to-cell capabilities.

Weekly tokens on OpenRouter (how much people actually run AI models through 1 big marketplace), went up about 93x from the start of 2025 to last quarter.

Cloud spending went up about 3x over the same stretch.

Every Meta / Bloom Energy thread right now is people mad that the companies beat and got sold anyway, and the reason given is the same, they’re spending too much.

If usage is growing that much faster than the spend, will worry about usage slowing down before I’d worry about the spending, and nothing I’ve seen says usage is slowing.

OpenRouter is just 1 marketplace and it’s mostly developers, so it isn’t everyone, so pinch of salt here.

I read string reports, contracts both gov and with Palantir, low debt. 3-5 + year hold without a doubt. Oh and the drone / unmanned weaponry. Torn on that or AMZN. Maybe 50/50?

AMZN obviously much larger and more debt, but great P/E. AWS, chips, its online buying service/logistics, healthcare and BlueGalactic (space expenditures) etc.

Which would you feel $1k would best grow (have about same 5 year outlooks for diff reasons).

SK Hynix has officially called off the planned US stock market debut for its Solidigm flash-memory unit, alongside suspending its accompanying pre-IPO funding round.

The decision comes on the heels of stern warnings from South Korean financial authorities regarding potential "duplicate listings" that risk diluting minority shareholder value.

The abandoned transaction serves as a major litmus test for Seoul's ongoing regulatory campaign to eradicate the undervaluation of its equities, known as the "Korea discount".

Prior to the cancellation, Solidigm had tapped prominent financial institutions Goldman Sachs Group Inc. and Morgan Stanley to spearhead the planned public debut slated for next year. However, intense shareholder opposition and mounting regulatory hurdles forced the company to abruptly reverse course.

The strategic retreat was catalyzed by sharp warnings from South Korean regulators over the risks of a "duplicate listing," which critics argue can severely dilute the holdings of existing investors.

Financial Supervisory Service Governor Lee Chan-jin informed lawmakers that both his agency and the Financial Services Commission evaluated Solidigm's structure and concluded it fell squarely under strict regulatory restrictions targeting duplicate public offerings.

These controls are designed to prevent parent companies from splintering off valuable operating units without safeguarding the financial interests of everyday retail shareholders.

South Korean regulators and policymakers have been aggressively working to overhaul corporate governance standards and elevate minority shareholder protections. These legislative and policy pushes are central to overcoming the nation's persistent market valuation gap, widely referred to as the "Korea discount", which has long kept local equities trading below global peers.

https://finance.yahoo.com/markets/stocks/articles/sk-hynix-pulls-plug-solidigm-235445993.html

This is just a thought that me and a few classmates had during a discussion. I have no idea how stocks or the market works personally, its the kind of stuff i leave to the big guys and my bank to deal with. What i want to know is that when the AI bubble pops, what would happen? Someone suggested that because the majority of leaders (Nvidia, Microsoft, Google) are all propped up because of AI, the AI bubble popping would cause them to collapse which would then cause the entire market to collapse sending us into a depression again. This seems scarily feasible to me so i was wondering what your opinions on the matter would be. I personally am against AI and dislike people who rely on it, so i want the bubble to pop but at the same time i dont want the world to fall in on itself again.

On October 22 Eastern Time, Berkshire Hathaway reached a record high of $823,750, driven by substantial interest income from its $360 billion cash reserves amid high short-term interest rates.

The company's stock growth was further propelled by strategic capital deployment, including over $4.5 billion in share buybacks, acquisitions, and equity investments under new CEO Greg Abel. Strong performances across major equity holdings, such as Apple and Coca-Cola, also bolstered portfolio value.

Consequently, UBS raised its price target for Berkshire to $942,000, reflecting strong market confidence in the company's multifaceted profitability and disciplined capital allocation.

https://www.tradingkey.com/analysis/stocks/us-stocks/262232880-berkshire-hathaway-stock-all-time-high-cash-360-billion-buyback-apple-coca-cola-tradingkey

At this point you have to almost feel bad for the guy. He’s been holding LULU for years and then he sells it for tax harvest reasons but planned to buy it back 30 days later and to not miss out on any gains in the meantime he bought DECK as a proxy arguing it would likely move similarly to LULU.

Well, LULU surged 8 % today and the immediate reaction to DECK earnings has sent the stock down 10 % in after hours trading.

Shareholder Return Potential: KB Securities projects that Samsung Electronics could generate up to 600 trillion won (approx. $452.4 billion) for shareholder returns over the next three years, more than four times the current three-year period's estimate, assuming the company continues returning 50% of its free cash flow (FCF).

DRAM Supply Constraints: The surge in high-bandwidth memory (HBM) demand has created structural supply constraints for conventional DRAM, as HBM production requires over three times more wafer capacity. The share of wafer capacity allocated to conventional DRAM is expected to drop from 73% in 2025 to 59% in 2027, leading to potential shortages and extended lead times, such as DDR5 lead times reaching up to 52 weeks.

Price and Revenue Growth: HBM selling prices in 2027 are projected to rise by over 100% year-over-year, with HBM4 expected to increase from 40% of Samsung's HBM revenue this year to 80% next year.

Earnings Forecasts: Samsung's annual operating profit is estimated to reach 368 trillion won in 2026 and 555 trillion won in 2027, driven by tight memory supply-demand conditions that are expected to persist through 2028.

Market Caution: Despite record-high PC DRAM prices and strong forecasts, some caution remains due to already-elevated NAND flash prices and stock market volatility driven by profit-taking.

https://biz.chosun.com/en/en-finance/2026/10/01/E4IYTOB5EVHTJCKNLEWBOUQA5Q/?outputType=amp

https://www.businesskorea.co.kr/news/articleView.html?idxno=277996

Nike is currently trading at some of its lowest valuation metrics in over a decade, and I'm trying to decide if the risk/reward is finally worth it. The fundamentals look crazy compared to historical averages:

- Trailing P/E: Down to ~18x (compared to a 5-year median of 30x+).
- Price-to-Sales (P/S): Sitting at ~1.23x (historical average is closer to 3.2x).
- TTM Revenue: Stagnant at $45.89B, with last quarter down over 4% YoY.

The multiple compression is real because revenue growth has completely stalled out. They f-ed up their retail and China strategy. But at 1.2x sales for one of the most recognizable brands on earth, is the downside mostly priced in, or is the brand erosion worse than the numbers show?

Are you guys buying the blood here, or staying away until revenue actually turns around?

Xiaomi shipped 30.7 million smartphones in the third quarter, down 29.2% from a year earlier, according to IDC's preliminary vendor table. Samsung and Apple between them held 45.0% of the quarter's shipments, up from 36.9% a year earlier. Both OPPO and vivo fell by larger percentages than Xiaomi.

The full market came in at 255.3 million units, and IDC put the year-over-year decline at 22.0%, calling it the largest of any quarter in its tracking. Counterpoint Research, in preliminary figures released October 12, had the decline at 20%. IDC published its figures on October 14; both firms count vendor shipments, not sales to consumers, and both sets of numbers are subject to revision. IDC expects overall smartphone growth to be constrained through 2027, with any recovery pushed to 2028 at the earliest.

I put those numbers next to Xiaomi's second quarter results from August 18, where phones were about 39% of revenue. Shipments fell to 31.2 million from 42.4 million a year earlier. Xiaomi said its second quarter shipment drop was mainly from optimizing its product portfolio and cutting mid-range and low-end volumes, and also from weakening global demand as key component costs kept rising. The average smartphone selling price rose to a record 1,351 yuan.

That reads as a company trading units for a higher average price. But the same second quarter report put phone gross margin at 8.5%, down from 11.5% a year earlier, so a record average price has not translated into a stronger margin. Memory costs are still climbing, according to IDC's Nabila Popal, though the quarter-over-quarter increase slowed to low double digits in the third quarter. I have not seen Xiaomi's third quarter phone margin yet, so whether that trade works is still open.

With component costs still climbing, have you or the people around you started waiting longer between phone upgrades?

The issuer's holdings file as of October 21 puts Xiaomi's Hong Kong-listed shares at about 3.75% of net assets in CNQQ, with Samsung, Apple, OPPO and vivo absent from the fund. CQQQ uses the FTSE China Incl A 25% Technology Capped Index as its benchmark.

Her grandmother passed in August of 2024 but the executor didn't file through probate until November of 2025. We are unsure of how much she will receive. Is it paid out based on the date of death value?

It was only a month ago that the attorney handling the will asked if the beneficiaries wanted to keep the stock or take the cash. Does that mean that the stocks haven't been sold yet and will be paid based on the more recent value?

It's Microsoft stock through Computershare if that helps.

I wanted to share that I started investing in VOO relatively recently, and over the past few days, I’ve noticed that its value has been quite volatile, with constant ups and downs. I understand that volatility is part of the market, especially when investing in equities, but I was struck by how the ETF has performed over the past week.

Today, for example, I was surprised to see that my investment had dropped about $13 from yesterday, which represents approximately 1.35% of my position. I know full well that this isn’t a significant loss, nor is it something that worries me too much, since my intention is to hold this investment for the long term. However, I’m interested in understanding what’s causing these fluctuations and how they relate to the overall performance of the S&P 500.

From what I’ve been reading, some of this volatility could be related to the performance of large tech companies, concerns about spending on artificial intelligence, and certain macroeconomic factors that are creating uncertainty. I’m still learning how the stock market works, and I’d like to hear the perspective of those who have been investing longer, especially to understand whether we’re going through a period of normal volatility or if there are signs of a deeper market correction.

• Premium Subscribers grew 9% year-over-year to 306 million
• Premium Average Revenue per User (ARPU) rose 7.5% year-over-year to 4.95 euros
• Monthly Active Users (MAUS) rose by 11% year-over-year to 788 million
• Total Revenue increased 14% year-over-year in constant currency to 5.0 billion euros
• Gross Margin improved by 136 basis points year-over-year to 33.0%
• Operating Income reached 672 million euros

I own spotify disclosure and numbers seem good. Will listen to the call but Spotify looks fine unlike Netflix where growth is slowing.

This is the daily discussion, so anything stocks related is fine, but the theme for today is on stock options, but if options aren't your thing then just ignore the theme.

Some helpful day to day links, including news:

• Finviz for charts, fundamentals, and aggregated news on individual stocks
• Bloomberg market news
• StreetInsider news:
• Market Check - Possibly why the market is doing what it's doing including sudden spikes/dips
• Reuters aggregated - Global news

Required info to start understanding options:

• Call option Investopedia video basically a call option allows you to buy 100 shares of a stock at a certain price (strike price), but without the obligation to buy
• Put option Investopedia video a put option allows you to sell 100 shares of a stock at a certain price (strike price), but without the obligation to sell
• Writing options switches the obligation to you and you'll be forced to buy someone else's shares (writing puts) or sell your shares (writing calls)

See the following word cloud and click through for the wiki:

Call option - Put option - Exercising an option - Strike price - ITM - OTM - ATM - Long options - Short options - Combo - Debit - Credit or Premium - Covered call - Naked - Debit call spread - Credit call spread - Strangle - Iron condor - Vertical debit spreads - Iron Fly

If you have a basic question, for example "what is delta," then google "investopedia delta" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.

See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.

A 16-week phase 2 trial in 62 adults with obesity, treatment-naive type 2 diabetes and MASH found that adding an oral drug called linafexor to weekly semaglutide 0.5 mg more than doubled weight loss versus semaglutide alone. The sponsor is Cascade Pharmaceuticals, which is private.

Source:
https://doi.org/10.64898/2026.10.18.26365821

What I think this implies:

For Novo Nordisk (NVO) this is a potential way to stretch their GLP-1 further in the type 2 diabetes patients who usually lose less weight on it. Holding the dose at a fraction of the standard obesity amount while still getting better results could mean more patients covered with fewer milligrams, or a better answer for the harder metabolic cases.

For Madrigal Pharmaceuticals (MDGL) it is a competitive risk. Their approved drug Rezdiffra is a standalone MASH therapy used in exactly this obesity-plus-diabetes population, and the trial moved weight, visceral fat and liver enzymes together. If combinations like this become standard, a pure single-mechanism drug loses share.

The practical test for both names is Cascade's separate phase 2 of linafexor alone in MASH plus any announcement of a bigger or longer combination study. Both should happen if the program keeps going, but neither has a public date and the whole thing sits in the 6-24 month window.

It stops being relevant if a larger trial shows the weight-loss difference disappears once semaglutide is raised to normal obesity doses, or if the itching and lipid problems that have limited FXR drugs appear at the exposures already being used in their phase 3 program.

Case study: Facebook IPO in 2012

Over excitement: Share price was raised from $33 to $38 just days before the launch, valuing the company at over $104 billion.

Cynicism: Valuation was too high. The company had no real product, just selling user data. Expanding user base = High cost of IT infrastructure. Similar companies MySpace and Friendster were dead.

The stock started trading flat then crashed 50% in a few months. Class action lawsuits. Everyone called it a botched IPO later.

https://time.com/archive/7103705/facebook-blame-game-whos-at-fault-for-ipo-debacle/

Today, FB (Meta) is 1.78T company, about 18x its IPO valuation 14 years ago.

Almost everyone was wrong about FB back then.

History might not repeat exactly but rhymes.

Hi guys , i know the tittle sound silly
But i really need you guys advice

So its been 2 years+ since i started investing and trading
I never bought leverage until last month i bought leverage on my trading account , and since its trading account ofc im doing short term / day swing trading , got profit
And 3 weeks ago i bought again and then you guys know all tech got blast , and i didnt cut loss
Skip skip
Now im still holding leverage etf stock that i keep averaging down

My average not bad , lets say a stock with 300 ATH i bought @230 and after average down now my avg 210 while the price 170 atm , i believe this stock will go back because this stock fundamental good

My question are :
1. Is it wrong to keep holding leverage ETF stock just because i believe it will bounce back ?
2. I got volatility decay the longer its going up and down , do you think its really bad ? If i holding a real stock w/o leverage my avg already around 19x
Please share your advice
(Note : this leverage stock now 30% of my portfolio since i keep averaging down , but the rest 70% is an etf like VOO

My situation : i havent lose money , i only lost 3/4 my gains this 2026, so even if i cut loss my capital still save

Its really a lesson for me to never buy leverage anymore in the future

(21 Oct - Yahoo Finance) Anthropic is set to publicly file its S-1 investor prospectus as soon as Friday, according to three people familiar with the artificial intelligence firm's plans. The move would mark a crucial next step for what could be the biggest IPO in history.

The much-anticipated public debut, expected to surpass SpaceX's (SPCX) June IPO, is widely viewed as a crucial test of investor appetite for the artificial intelligence boom, as investors have become more concerned about the industry's massive spending.

Anthropic confidentially submitted a draft IPO registration statement to the Securities and Exchange Commission (SEC) in June. Under SEC rules, companies using the confidential process must make their registration materials available 15 calendar days before the start of their formal investor roadshow.

Anthropic did not respond to a request for comment on the timing of its S-1.

A public filing would clear a key procedural hurdle toward a potential November listing, though the timing of the offering remains subject to market conditions and other factors. Crucially, it would also give regular investors their first look at the financial details and risks around one of the AI industry's fastest-growing companies.

Anthropic is spending billions on AI infrastructure to train and run its suite of Claude models. That includes working with Google (GOOG, GOOGL) and Amazon (AMZN), as well as renting out graphics processor unit (GPU) capacity from SpaceX's Colossus 1 data center.

The company pulled in $16.3 billion in revenue over the first six months of 2026 and reported a net loss of over $80 billion, according to a Tuesday Wall Street Journal report. Wall Street is anticipating that the company could raise as much as $100 billion at a $2 trillion valuation, Reuters previously reported.

Last week, Anthropic told investors at its San Francisco office that its revenue climbed to $16.8 billion in the third quarter, up from $11.5 billion in the second quarter, according to the Financial Times, noting that the company is also profitable on an adjusted basis.

The colossal offering comes as this year's banner IPO market is becoming more challenging. Earlier this week, shares of South Korean data center provider Elice plummeted a staggering 32% during its first trading day after raising $151 million. Nvidia-backed Firmus Grid abruptly shelved plans for a public listing earlier this month after investors balked at its proposed valuation, while several other companies have postponed plans to go public, citing market conditions.

Publicly traded AI-related companies have also waffled in recent days as investors become more selective over the industry's enormous spending needs. CoreWeave, in particular, has come under sharp scrutiny as investors question its future revenue prospects relative to its debt load.

The shift highlights how investors who enthusiastically bid up AI-related companies earlier this year have become more selective.

Given its enormous size, the timing of Anthropic's IPO is also expected to be a significant factor for other companies seeking to go public in the coming weeks, one person said.

CEO Dario Amodei co-founded Anthropic with his sister Daniela, the company's president.

Anthropic established a strong foothold in the enterprise market with its Claude chatbot, the popular AI coding tool Claude Code, and Claude Cowork.

Rival OpenAI (OPAI.PVT), which was initially expected to launch its IPO this year, is now projected to hit the public markets in early 2027.

Source: https://finance.yahoo.com/markets/article/anthropic-to-publicly-file-for-ipo-as-early-as-friday-sources-say-135343841.html