Welcome to Markets Desk, here's what's moving right now.
Anthropic is heading to the Nasdaq under the ticker ANT, and the IPO prospectus is turning heads on both sides of the ledger. The AI company reported its first operating profit and showed a diversified customer base, two signals investors want to see before a listing. But at least one key metric in the filing disappointed, and with AI valuations already stretched, the market will be watching the pricing closely.
Staying in chips and tech, Jim Cramer is urging caution on Intel after the company's latest outlook rattled the sector. His warning is the classic falling knife argument — a stock that looks cheap after a sharp decline can absolutely keep falling. Cramer's point is disciplined and worth taking seriously: valuation alone is never a catalyst.
And in decentralized finance, Jupiter Lend's withdrawal liquidity has clawed back from near zero to roughly twenty-nine million USDC, with available funds now sitting at about seven percent of reported total assets. That partial recovery matters because a liquidity crunch at that scale shakes confidence in the broader lending protocol ecosystem, and traders will be watching whether that ratio continues to climb or stalls out.
That's the tape. Markets Desk, signing off the floor.
