The Anthropic IPO

Anthropic files for its long-awaited IPO, revealing the enormous spending, debt and expectations behind the AI boom. Oil prices remain elevated as traders watch diplomatic efforts to ease the Iran conflict. And investors look ahead to the Fed's latest decision after bond markets found some relief during the recent AI sell off.

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Today's recommended read: AI tremor exposes market's volatility fault lines (reuters.com/commentary/reuters-open-interest/a…)by Mike Dolan

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