Welcome to Markets Desk, here's what's moving your money right now.
Anthropic has closed a sixty-five billion dollar funding round, pushing the Claude AI maker's valuation to ninety-six point five billion dollars and leapfrogging OpenAI in the private market pecking order. That's a striking signal of how aggressively institutional capital is chasing the artificial intelligence race, even at these stratospheric valuations.
Turning to commodities, soybeans posted solid gains on Thursday, closing up between nine and a quarter and fifteen and a quarter cents, with the national cash bean price settling at eleven dollars and thirty-four cents. The move was driven by strength in the products complex, with soy oil and soymeal both rallying meaningfully, suggesting demand-side conviction rather than just speculative positioning.
And in Jakarta, Indonesian equities are set to open higher after snapping a two-day winning streak that had added more than one hundred ten points, or roughly one point eight percent, to the Jakarta Composite Index. The market had paused ahead of the Hari Raya Haji holiday, and traders are now expected to close that gap as activity resumes.
That's the tape. Markets Desk, signing off the floor.
