MarketCatalystAnthropic's draft IPO prospectus reveals revenue surged nearly 15-fold to $16.3 billion in H1 2026, alongside an $80.7 billion net loss largely driven by accounting charges and potential AI computing commitments approaching $750 billion.
The National Association of Realtors' index of home purchase contract signings fell to a seasonally adjusted 66 in September, the lowest since 2001, as mortgage rates near 7.4% keep buyers on the sidelines.
Amazon ($AMZN) launched TorchNeuron, a new developer tool designed to challenge Nvidia's ($NVDA) CUDA software advantage by making it easier to run AI models on AWS Trainium chips.
Cerebras has fallen roughly 30% below its $185 IPO price and about two-thirds from its debut high. An OpenAI chip report, a wave of share unlocks, heavy customer concentration and a broad AI sell-off explain most of the slide.
Dell lost 22.9% from Oct. 9 to Oct. 16, its worst week since returning to public markets in 2018, even after record AI-server results. A Barclays downgrade, doubts about memory-driven revenue and a broad AI-hardware sell-off did the damage.
The index is within 1% of its record close, yet fewer than a quarter of its members trade above their 50-day average. Earnings are growing at the fastest pace since 2021 while the forward multiple has slipped to about 19x. Here is what the split is telling us.