Nasdaq is a major U.S. stock exchange, and its tech-heavy Nasdaq 100 index is often treated as a gauge of the AI trade. Recent coverage has focused on AI-related swings: the Nasdaq 100 fell as Alphabet dropped a record 13% on an ad sales miss and Microsoft planned a bond sale of at least $25 billion, while Anthropic filed its S-1 to list on Nasdaq at a reported valuation of $1.5 trillion to $2 trillion.
OpenAI cuts funding target by $10B; valuation falls to $1.25TOpenAI cut its funding target from $30B to $20B and its valuation from $1.4T a month ago to $1.25T, the FT reported. Rival Anthropic aims to list on Nasdaq this month at a target valuation of at least $1.5T, but Blackstone expects it to stay in speculative grade BB after IPO; Meta's rating outlook was cut on weaker AI-driven cash flow.
Nasdaq 100 Falls as AI Trade Shows New CracksThe Nasdaq 100 fell as Alphabet's record 13% drop on an ad sales miss and Microsoft's plan to raise at least $25 billion from a bond sale revived doubts over returns on massive AI spending.
Anthropic files S-1 with valuation seen at $1.5T to $2TAnthropic has filed its S-1 to list on Nasdaq, possibly trading next month at a valuation of $1.5 trillion to $2 trillion. On Decoder, SemiAnalysis analyst Joey Brookhart breaks down what the filing reveals about frontier-lab economics: complex finances built on very ambitious assumptions about AI's future.
Nasdaq futures steady as AI selloff pausesNasdaq futures steadied after an AI-driven selloff, suggesting market sentiment has calmed. The report gives no specific index levels or individual stock data.
Global AI Rally Resumes as KOSPI DecouplesGlobal stock markets resumed their AI-driven rally and hit new highs, with U.S. and Taiwanese indexes repeatedly setting records this month, while the KOSPI has risen only 0.46% since August and sits about 27% below its June 22 peak. Analysts attribute the decoupling to heavy memory-chip dependence, a sharply stronger won and supply-demand gaps.
Oil Rises as AI Stocks Weigh on Nasdaq FuturesWSJ reports AI-related stocks fell worldwide, dragging Nasdaq futures lower while oil prices rose, illustrating market sensitivity to AI-sector volatility and cross-market effects.
The A.I. Daily