● Its filing lists 22 underwriters led by Goldman Sachs and Morgan Stanley for Anthropic's IPO.
● The bank raised its US comparable-sales forecast above consensus.
● Philip Morris International, Walmart and Costco also traded lower.
● Intel was among the ten most-mentioned stocks on Reddit's WallStreetBets forum.
● Goldman Sachs was one of the Dow's biggest gainers, and Morgan Stanley also rallied.
● Shares traded around $290.69 in the afternoon.
● Adjusted EBITDA reached $224.5 million.
● Assets under management reached $804 billion, about a tenth higher year over year.
The AI trade, which drove last week's selling, faces fresh tests from CoreWeave after Tuesday's close and from Cisco and Applied Materials on Thursday evening, while Friday's producer price index, forecast to moderate to 0.4% from 1.3%, completes theInflationpicture. More than a dozen Federal …
The rally extended across the major USEquitybenchmarks, with the S&P 500 rising approximately 2.35%, theDow Jones Industrial Averagegaining 2.15% and theNasdaqComposite advancing 2.74%. Falling crude oil prices helped ease inflation concerns, while semiconductor shares recovered strongly after experiencing substantial losses during the previous week. …