Tech
The Nasdaq fell 5.52% into correction territory as investors dumped AI and data-center stocks after the US midterms, wiping hundreds of billions from Nvidia, Tesla and the other Mag7 giants.
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Tech
The Nasdaq fell 5.52% into correction territory as investors dumped AI and data-center stocks after the US midterms, wiping hundreds of billions from Nvidia, Tesla and the other Mag7 giants.
AI
Agility Robotics begins trading on the Nasdaq under AGLT, becoming the first dedicated humanoid robotics company listed in the US after raising $465 million.
Tech
US tech stocks fell sharply for a second day as AI spending commitments approach $1 trillion, with Intel dropping 30% and Alphabet losing over $500bn in value.
AI
Anthropic filed its S-1 with the SEC on October 26, revealing $16.3 billion in first-half revenue and a listing on Nasdaq under the ticker "ANT." Reports suggest a valuation near $2 trillion.
AI
CoreWeave closed down 15.5% as yields on its bonds approached 15%, pulling Oracle, Nebius and Dell lower on Wednesday as investors questioned the cost of the AI build-out.
AI
Research firm New Constructs calls Anthropic's upcoming IPO the 'most ridiculous of 2026,' valuing the AI company at just $150 billion ahead of its reported Nasdaq listing before Thanksgiving.