Welcome to Markets Desk, here's what's moving the needle today.
Anthropic filed its S-1 with the SEC Monday, seeking a Nasdaq listing under the ticker ANT with Goldman Sachs and Morgan Stanley leading the offering. Crypto markets have priced the Claude developer near two trillion dollars, though at least one prominent investor is warning that an IPO at that valuation could mark the peak of the AI bubble.
That AI enthusiasm is being tested elsewhere too. Meta's plan to raise ninety-five billion dollars through equity financing drew scrutiny even from bulls, with Wells Fargo maintaining its overweight rating but flagging real uncertainty around the company's accelerating spend. The market is watching closely to see whether that capital commitment translates into returns or simply into infrastructure.
And Microsoft's Satya Nadella added a sobering note to the AI conversation, saying publicly that he has reversed his position on alignment — the idea that making AI more powerful would naturally make it safer. Nadella told the twenty VC podcast he no longer believes capability and safety travel together, a meaningful admission from the CEO of one of the largest AI investors on the planet.
That's the tape. Markets Desk, signing off the floor.
