investing In A Nutshell

Unconfirmed: Anthropic reportedly told sell-side analysts it won't extend its SpaceX compute deal past mid-2027, per meeting notes cited by Wccftech. Musk replied: "We would be happy to take the compute back. No problem. But I think the opposite is going to happen."

The chipmaker is becoming a shareholder in its own customers: TSMC's board approved up to $500 million each for Anthropic shares at the IPO price and OpenAI preferred stock, per Reuters. TSMC's October revenue was up about 60% from a year earlier. Not financial advice.

Finland just became the 11th EU country to clear Tesla's supervised driver-assist, now renamed Tesla Assisted Driving, per Reuters, after Tesla capped speed settings. None of the EU's biggest states have signed off; an EU-wide vote is expected this winter. Not financial advice.

Not everything is rallying: Bitcoin traded around $73,600 today, near a three-month low, per Investopedia, as hot inflation has markets pricing in about three more Fed rate hikes, according to Capital.com's Daniela Hathorn. Not financial advice.

The AI rebound is spreading to hardware: by midday in New York, CoreWeave had stretched its gain to about 25%, with Micron up about 13%, SanDisk about 16% and Dell about 14%. The Nasdaq is up roughly 2%, while Microsoft is down over 2%. Not financial advice.

Fed Vice Chair Michelle Bowman flagged the risk of "a large correction in equity valuations" if AI returns fall short. She said AI-related debt is on track to top $800 billion this year, with deals creating "the appearance of circular financing." Not financial advice.

CoreWeave opened about 16% higher today after beating Q3 revenue estimates and raising its 2026 outlook to $13.0-13.3 billion. The stock had been down about 65% from its May high on debt worries. AI-generated visuals. Not financial advice.

Nvidia is rebounding in premarket trading after losing about $430 billion in market value over two sessions, per Reuters. CNBC reports its board has hired law firm Wachtell Lipton to investigate CEO Jensen Huang and whether company secrets were compromised. Not financial advice.

Reportedly, per the WSJ and Bloomberg: OpenAI hit $10 billion in quarterly revenue for the first time in Q3, up about 50%, but its operating loss widened to $10.9 billion. Anthropic, pricing its IPO next week, reported $17 billion and a $567 million loss. Not financial advice.

Reportedly, per the FT: Anthropic's bankers are weighing a price above the $70-78 range, which could value it at $1.5 trillion or more. Bloomberg says the deal was fully covered at launch. AI-generated visuals. Not financial advice.

SoftBank just swung to a $7.1 billion quarterly loss, its first in almost two years, after a $3.7 billion hit on power equipment for US data centers. The OpenAI backer's shares fell as much as 10.5% in Tokyo. AI-generated visuals. Not financial advice.

Google just made Gemini 4 Carbon generally available at an intro price of $2/$10 per million tokens, a quarter of Anthropic's new Claude Fable 5.2, one week before Anthropic's IPO pricing. AI-generated visuals. Not financial advice.

CoreWeave just beat: Q3 revenue $3.66 billion vs. about $3.56 billion expected, up from $1.37 billion a year ago. Full-year guidance raised to $13.0-13.3 billion and backlog stands near $132.5 billion. The catch: $846 million in quarterly interest expense. Not financial advice.

After the hot CPI, the 2-year Treasury yield jumped about 19 basis points to 4.74%, its biggest one-day move since the April 2025 tariff tantrum, and the 10-year hit about 4.99%. Microsoft briefly passed Nvidia in market value, per Reuters. Not financial advice.

TSMC is buying into its own customers: its board approved up to $500 million of Anthropic shares at the IPO price and up to $500 million of OpenAI preferred stock. The same meeting approved about $40.9 billion in new capital spending. Not financial advice.

Anthropic is coming for the office suite a week before its IPO: Claude Sheets and Claude Whiteboards launched in beta today, plus Claude Meetings, an assistant that joins video calls. Microsoft, one of Anthropic's own backers, fell about 2-3% on the news. Not financial advice.

Anthropic's updated IPO filing: run-rate revenue hit about $81 billion at the end of October, up $10 billion in a single month. All seven co-founders are each selling nearly 3.4 million shares, roughly $250 million apiece at the $74 midpoint. Not financial advice.

Gasoline up 1.0%, electricity up 0.9%, food up 0.5%: October's hot CPI has traders fully pricing in a Fed rate hike in December. AI-generated visuals. Not financial advice.

At the top of its $70–78 range, Anthropic's 825 million IPO shares would raise about $64 billion, listing on Nasdaq as ANT. AI-generated visuals. Not financial advice.

Hotter than expected: US consumer prices rose 0.4% in October vs. 0.3% forecast, and core CPI rose 0.3% vs. 0.2%. The 2-year Treasury yield jumped over 15 basis points, and Fed Governor Waller says a 50 bp December hike should be considered. Not financial advice.