tech stock selloff

Tag "tech stock selloff" — all articles

072026-11Anthropic to press ahead with pre-Thanksgiving IPO as investors question $1.5tn valuation targetAnthropic plans to push ahead with an IPO before Thanksgiving targeting a $1.5 trillion valuation, FT and CNBC reported on Nov 6. Investors see that figure as a stretch, and the actual listing valuation could land below both the target and earlier expectations. A tech selloff and cooling AI trade are the key external variables for pricing. Deal size and underwriters have not been disclosed.CNBC Technology、FT Technology