newsmart – Business

koreatimes.co.kr | 8 min. ago NEW

Seoul stocks trade nearly 4% higher Tuesday morning on renewed AI optimism

Korean stocks traded higher late Tuesday morning, led by gains in technology shares, as renewed optimism over artificial intelligence (AI) and falling oil prices boosted risk appetite. After opening 3.46 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI) extended its earlier gains to trade up 213.1 points, or 3.9 percent, to 5,682.6 as of 11:20 a.m.

Amid a rally driven by foreign buying, the Korea Exchange activated a buy-side sidecar at 10:13 a.m., suspending buy orders in program trading for KOSPI-listed shares for five minutes. The measure is triggered when KOSPI 200 futures rise at least 5 percent and remain at that level for one minute or longer.

Overnight, the Dow Jones Industrial Average gained 0.28 percent, while the S&P 500 advanced 0.7 percent and the tech-heavy Nasdaq Composite climbed 0.82 percent. Investor sentiment improved after AI startup Anthropic disclosed strong revenue growth in its U.S. initial public offering (IPO) filing, reigniting enthusiasm for AI-related stocks ahead of major tech earnings and the Federal Reserve's interest rate decision.

Oil

koreatimes.co.kr | 2 hrs. 9 min. ago

Seoul stocks open higher on Wall Street gains, renewed AI optimism

Korean stocks opened higher Tuesday, tracking overnight gains on Wall Street, as renewed optimism over artificial intelligence (AI) and easing oil prices lifted investor sentiment. The benchmark Korea Composite Stock Price Index (KOSPI) rose 189.18 points, or 3.46 percent, to 5,658.65 as of 9:15 a.m.

Overnight, the Dow Jones Industrial Average gained 0.28 percent, while the S&P 500 advanced 0.7 percent and the tech-heavy Nasdaq Composite climbed 0.82 percent. Investor sentiment improved after AI startup Anthropic disclosed strong revenue growth in its U.S. initial public offering (IPO) filing, reigniting enthusiasm for AI-related stocks ahead of major tech earnings and the Federal Reserve's interest rate decision.

Oil prices also retreated on hopes of easing tensions in the Middle East, following reports of Qatari mediation efforts involving Iran and the United States. KOSPI heavyweights rose across the board. Market bellwether Samsung Electronics gained 4.69 percent, and chip giant SK hynix increased 7.14 percent.

SK Square, the parent firm of SK hynix, jumped 10.4 percent, and Samsung Ele

independent.co.uk | 4 hrs. 20 min. ago

The Anthropic IPO by the numbers, from a possible valuation in the trillions to surging revenue

Anthropic has the chance to make history with what could be the biggest initial public offering of stock ever

abc.net.au | 5 hrs. 37 min. ago

Live: Anthropic to hit stock market with 'eye-popping' growth and massive losses

The AI giant behind Claude has filed its plans to float on the share market. Wall Street has rallied, led by tech stocks. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

businessinsider.com | 6 hrs. 27 min. ago

The feds made $627 million selling Anthropic stock from SBF's friends — but could have made billions

The US government sold $627 million in Anthropic shares after seizing them from Sam Bankman-Fried's friends. Its windfall could have been even bigger.

theguardian.com | 7 hrs. 45 min. ago

Anthropic reveals rapid revenue gains and larger losses in stock market filing

Market debut of AI company behind Claude chatbot will be one of largest in US history, a test of the AI boom’s financial viabilityAnthropic has publicly filed for a stock market listing in what is slated to be one of the largest debuts in history.

The company’s float on the US market will serve as a test of the financial viability of the multitrillion-dollar AI boom.Analysts and investors have valued the San Francisco-based company, founded in 2021, at more than $1.5tn. The company, which will will list under the symbol ANT, confidentially filed with US financial regulators for an initial public offering in June.

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smh.com.au | 9 hrs. 47 min. ago

ASX set to edge up, Wall Street climbs; Anthropic files for IPO

US stocks are climbing as investors digest Anthropic’s filing for its initial public offering and look forward to key big tech earnings this week.

dw.com | 9 hrs. 50 min. ago

AI company Anthropic files its IPO in hopes of raising $100 billion

Anthropic has filed paperwork for an initial public offering that could be one of the biggest in history. The company has yet to turn a profit.

koreatimes.co.kr | 11 hrs. 55 min. ago

Anthropic files for potentially biggest IPO ever despite CEO's AI risk warning

SAN FRANCISCO — Artificial intelligence giant Anthropic filed papers Monday for what could be the biggest initial public offering of stock ever even as its top executive warns that advanced AI could pose an existential threat to humanity. The filing sets up the San Francisco company for a Wall Street debut next month, potentially eclipsing the SpaceX initial public offering in June that raised a record $86 billion.

An Anthropic IPO would also put the company ahead of OpenAI in going public in what is expected to be a pair of blockbuster stock debuts for the rival AI labs. The filing comes weeks after CEO Dario Amodei argued in an essay for slowing the development of the most advanced AI models.

An IPO could provide Anthropic with enormous resources to accelerate its expansion. The amount the company ultimately raises remains uncertain, as do its final valuation and offering price, but even at lower estimates, it would turn the five-year-old startup into one of the world’s most valuable companies and potentially boost the wealth of Amodei and his sister and co-founder, Daniela, by b

abc.net.au | 12 hrs. 27 min. ago

Anthropic files to list on stock market in potential $US1.5tn float

The company behind Claude could be floated on the Nasdaq as soon as next month, despite making a $114 billion loss in the first half of 2026.

npr.org | 14 hrs. 3 min. ago

AI giant Anthropic files for an IPO that could break records

The AI company, which makes the popular Claude chatbot, has filed for an initial public offering that could be one of the biggest ever.

ft.com | 14 hrs. 56 min. ago

Breaking down Anthropic’s 335-page S-1

Anthropic’s planned listing could be the biggest stock market debut in history

nytimes.com | 19 hrs. 12 min. ago

What’s Riding on Anthropic Going Public? Nearly Everything.

Anthropic sits atop a pyramid of business partners and suppliers, making it a barometer of the broader economy. Its initial public offering will have widespread implications.