➡️ Did someone forward you this email? If you would like to receive this information directly, every morning before the markets open in New York, sign up here. IT’S HAPPENING! Anthropic targets $2 trillion IPO in October—largest ever public float Anthropic will stage an IPO in October at a predicted valuation of $2 trillion, even
➡️ Did someone forward you this email? If you would like to receive this information directly, every morning before the markets open in New York, sign up here. ONE BIG THING At Google’s DeepMind, absence did not make the heart grow fonder There’s an extraordinary quote in Bea Nolan’s account for Fortune of how Demis
Europe’s stock market is firing on all cylinders and drawing money managers who say this rally will be more durable than just another short-term trade. Whether it’s earnings, economic growth, sentiment surveys or fund flows, market metrics across the board show a major shift is underway in European stocks. The price action reflects that. The
Asia’s energy security depends on the Strait of Hormuz, a waterway it doesn’t control, and the fallout from the return of conflict would extend well past fuel pumps. If Asia doesn’t build deeper, more liquid electricity networks now, it risks losing its slice of the AI value chain. Nearly every major Asian economy now has
At SpaceX’s market debut on June 12, the perfect trade already looked obvious. Shares priced at $135, valuing the company at roughly $1.8 trillion, and closed near $161, pushing its market capitalization above $2.1 trillion. Four days later they reached $225.64, and for one brief week the chart resembled the trajectory of one of the
➡️ Did someone forward you this email? If you would like to receive this information directly, every morning before the markets open in New York, sign up here. ONE BIG THING Elon Musk delivers ‘totally nuts’ ‘super sci-fi’ ‘ridiculously profound’ plan for moon robots—and the stock tanks They bought the rumor and sold the news: