---
title: "☕️ [Task Coins Giveaway] Daily Market Talk — Anthropic's IPO Filing Reveals a $42B Loss"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000917067.md"
description: "Reuters got a first look at Anthropic's IPO prospectus: revenue up 12-fold, a $42 billion net loss, and a $2 trillion valuation target. Meanwhile Treasury yields hit fresh multi-decade highs and gold ..."
datetime: "2026-09-29T03:08:28.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000917067.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000917067.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000917067.md)
author: "[Captain's Watch](https://longbridge.com/en/profiles/24747427.md)"
generator: "portal-rs"
---

# ☕️ [Task Coins Giveaway] Daily Market Talk — Anthropic's IPO Filing Reveals a $42B Loss

Reuters got a first look at Anthropic's IPO prospectus: revenue up 12-fold, a $42 billion net loss, and a $2 trillion valuation target. Meanwhile Treasury yields hit fresh multi-decade highs and gold cracked. Let's dig in 👇

**💬 Would you buy into a $2 trillion Anthropic IPO with a $42 billion loss on the books, or wait?**

> **📝Help us make Daily Market Talk better!** Take our quick survey and earn **500 Task Coins** once you complete it: [https://forms.gle/npmPXYXHmQ7oFLME8](https://docs.google.com/forms/d/e/1FAIpQLScgNLcqOBBBvLXvBPh-EQ6MM2JDBqz7aALqSZI2KTgsf9d1Tw/viewform?usp=header)

## 📊 Quick Recap — What Moved & Why

### 🇺🇸 US — Anthropic Shows Its Books

**🔑 Key Event:** Anthropic's prospectus shows 2025 revenue of $4.6 billion, up 12-fold, against a $42 billion net loss. **It plans $518 billion in compute commitments** and could list at over $2 trillion after the midterms. **The filing also warns its own models could pose "catastrophic or existential risks to humanity."**

> @EdmundK : This tells you AI is still spending while money gets more expensive. When rates peak, this AI infra bid will explode higher.

**👀 Other to Watch**

-   $NVIDIA(NVDA.US) → **+1.7%** on a record $150B buyback boost, and said Anthropic has contracted over $180B of its infrastructure.
-   $AMD(AMD.US) → **-3.6%** after agreeing to buy Fei-Fei Li's World Labs for $8.2B in stock.
-   $Arm(ARM.US) **-8.7%**, $Qualcomm(QCOM.US) **-7.2%**, $Intel(INTC.US) **-5.7%** as last week's Muse-driven CPU rally unwound.
-   $Meta Platforms(META.US) → **-4.8%** after poaching MongoDB's CEO for its enterprise AI push; $MongoDB(MDB.US) **-18%**.
-   $SpaceX(SPCX.US) → **-2.2%** even as Starship reached orbit for the first time.
-   $Micron Tech(MU.US) → **-2.6%** and $SK Hynix(SKHY.US) **-5.0%** ahead of Micron's earnings, due about 4am Thursday SGT.

### 🇸🇬 Singapore — STI Pauses Near Its Highs

**🔑 Key Event:** $FTSE Straits Times Index(STI.SG) added **+0.31%** Monday to 5,739, then slipped about **-0.27%** this morning to 5,713.

> @LazyCat: Because SG interest rates track US benchmarks, higher yields keep SORA elevated. This expands net interest margins for local banks, while raising refinancing hurdles across REITs.

**👀 Other to Watch**

-   $DBS(D05.SG), $OCBC Bank(O39.SG) and $UOB(U11.SG) held flat this morning after Monday's gains.
-   Singapore launched the SG Semiconductor brand as TSMC-backed VIS opened its first local 12-inch fab.

### 🇭🇰 HK/China — Optical Stocks Hit by US Bill

**🔑 Key Event:** $ZJ INNOLIGHT(03308.HK) crashed **-12%** Monday after US senators proposed banning Chinese optical modules from government systems, then bounced **+2.14%** today.

> @TheInvestingIguana: Export controls have been the sticking point through every round of talks this year, and the base case is that nothing changes on that front. Names that aren't on any control list still live in the supply chain underneath one.

**👀 Other to Watch**

-   $AKESO(09926.HK) → **+12%** after AstraZeneca took a $2B stake in its partner Summit Therapeutics.
-   $SHEIN-W(00625.HK) → **-7.7%** on its first results since listing, as quarterly profit fell 67%.

### 🌍 Global/Macro

-   🇺🇸 The 10-year Treasury yield hit 5.27% and the 30-year 5.54%, highs since 2007 and 2004; October hike odds rose to 68%.
-   🌍 Gold fell **-4%** and silver **-5.7%** Monday as yields climbed.
-   🌍 US-Iran ceasefire talks stayed deadlocked after Trump rejected Tehran's Hormuz offer; oil edged higher again Tuesday, though Saudi Arabia's restored East-West pipeline capped the gains.

## 📅 Upcoming Key Events

| **When (SGT)**          | **What**                                                                               |
| ----------------------- | -------------------------------------------------------------------------------------- |
| **Tue 29 Sept (today)** | 🇺🇸 OpenAI DevDay                                                                       |
| **Wed 30 Sept**         | 🇺🇸 August PCE inflation, 8:30pm   🇺🇸 FY2026 funding deadline, shutdown risk from Oct 1 |
| **Thu 1 Oct**           | **🇺🇸 Micron earnings, about 4am**                                                      |
| **Fri 2 Oct**           | 🇺🇸 Nike earnings, about 4am   **🇺🇸 September jobs report, 8:30pm**                     |

👇 Drop your take (20+ words) & click "Repost" to earn 288 Task Coins ✨  
🚫 No duplicates · ⏰ Deadline: Sept 29, 2026, 11:59 PM SGT

Not investment advice, just market talk 🙏

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## Comments (48)

- **NewUser_zS0M8w  · 2026-09-29T14:44:03.000Z**: I think one of the big news this week is Micron's earnings as it affects many other companies that have a customer/seller relationships with Micron like TSM, Nvidia, AMD etc. With the bullish momentum of Micron, I will not be surprised to see a 6 to 10% move either ways post earnings. I have one con
  - **Captain Leo** (2026-09-30T10:49:48.000Z): Framing the print through its customers and the Taiwan profit-sharing talks, rather than the EPS line alone, is the wider lens most previews skip. A strike vote is reportedly planned for early October
- **NewUser_hCn26 · 2026-09-29T13:04:04.000Z**: Anthropic’s massive $42 billion loss highlights the immense capital intensity of frontier AI models. A $2 trillion valuation target amid soaring Treasury yields forces a stark choice: pay a premium for hyper-growth scale or wait until multi-decade rate pressure forces financial discipline across unp
  - **Captain Leo** (2026-09-30T10:52:15.000Z): Setting a loss that size against where Treasury yields sit, rather than reading the valuation in isolation, is a framing anyone can reuse on the next AI name heading to market.
- **0wMYbg · 2026-09-29T12:01:53.000Z**: I wouldn’t buy into Anthropic’s IPO yet since the company has such high net loss now, shall stay on the sidelines and see what happens.
- **NewUser_oPJWOU · 2026-09-29T11:41:40.000Z**: I wouldn't buy straight into Anthropic's IPO despite preferring them over OpenAI. Historically, companies's stock price have mostly fallen after IPOs and takes an average of 2 to 3 years before rising steadily above the initial IPO price. Besides, with the uncertainty of AI development's pace, I wou
- **koolgal · 2026-09-29T10:25:50.000Z**: UOB Market Momentum🌟🌟🌟Watching $UOB(U11.SG)rip higher this week to lead the STI gainers at SGD 43.29 was an absolute master class in resilience.  The Fed's latest rate hike handed UOB a massive lifeline.  With 66% of its revenue tied directly to net interest income, UOB is perfectly positioned to ca
- **Valenxis · 2026-09-29T09:06:11.000Z**: maybe anthropic same as spcx. dont fomo. dont chase at the start. wait for retrace then buy so that wont get stucked at high price.
- **The · 2026-09-29T08:30:44.000Z**: Nvidia stock price increases out of other US Stocks.However, Singapore Stock Straits Times lowers. ZJ Innolight and Akeso Hong Kong stocks rise. The news ends with Gold and silver decreases. Whether buying a $2 trillion Anthropic IPO with a $42 billion loss on the books is unsure. Though it seems go
  - **Captain Leo** (2026-09-29T11:37:22.000Z): Covering Nvidia, the STI, the HK names and gold in one read, then leaving Anthropic open, is an honest recap. 👀
- **zippy79 · 2026-09-29T08:29:43.000Z**: All the AI
- **NewUser_ThinkSwim · 2026-09-29T07:16:38.000Z · 👍 1**: After Monday US market, I think the week will be choppy after the drop before any big movements. As for the new IPO, a new batch of pump then dump awaits. DCA if you like the company and prefer the thrill and rides.
  - **Fattycat** (2026-09-29T08:05:45.000Z): Friday NFP. I think market will rally before the data release. 🤭
- **dingdongbell · 2026-09-29T06:55:09.000Z · 👍 1**: Oil up, market down. The pattern is quite clear. Tomorrow’s inflation data will be important and might be a catalyst for the market.
- **LazyCat · 2026-09-29T06:02:22.000Z · 👍 1**: A filing which warns that its own models could pose "catastrophic or existential risks to humanity" is as wild as it can get! - so what's the point in investing in this?  🤔
- **Heroic Lifesaver · 2026-09-29T05:32:22.000Z · 👍 1**: I believe the markets are more resilient than the headlines would make them to be. They have done remarkably well in the face of rising yields, oil prices, etc., and the names that are being rotated into indicate economic growth ahead.
  - **Fattycat** (2026-09-29T05:37:34.000Z): Being prudent, always stay alert and be very careful about what lies beneath the surface. Many warning signs have hit the ⏰. And the current markets is behaving abnormally.A tsunami often strikes when
  - **Heroic Lifesaver** (2026-09-29T06:51:52.000Z): Yup agree with you there. Just stating what I see and feel. It is good to be cautious at this time!
- **win win · 2026-09-29T05:25:22.000Z · 👍 1**: Anthropic IPO, I don't think it's worth so much. Forty two billion dollars loss company, not forty two billion dollars profit. see probably.
- **Dacai · 2026-09-29T05:24:29.000Z · 👍 1**: Even as Treasury yields continue to rise, there is a danger that the yield curve may be inverting. The curve inverts when the yield of short term bonds is higher than the yield of long term bonds. This happens when more investors prefer to hold long term bonds. Historically, this has been a precurso
  - **Captain Leo** (2026-09-29T11:42:43.000Z): You keep bringing the bond market into the equity threads, and the yield curve is the piece most people skip. Hoping the next one tracks how the spread moves as the week goes on.
  - **Dacai** (2026-09-29T15:59:07.000Z): I’m sorry, should I understand your comment as meaning my comment is not on topic? Under Global/Macro, there is mention of the Treasury yield for 10 year and 30 year, hence I commented on that. The ga
- **Fattycat · 2026-09-29T05:19:08.000Z · 👍 2**: No one seems to discuss about iEdge S-REIT Index. Have been recording 12.55% lower YTD.  Lower than covid.Any comment? Is it due to different marco environments now? Institutional funds prefer to park their money at safer higher yield bonds instead of REITs?
- **FaithAnchor · 2026-09-29T05:18:01.000Z · 👍 2**: Anthropic’s prospectus is wild. Revenue exploded to $4.6B (up 12x), but operating losses crossed $8B, driven by an eye-watering $518B in future cloud commitments.The takeaway: It’s a massive $2T test case for public markets. Enterprise adoption for Claude is undeniable, but Wall Street will strictly
- **Fattycat · 2026-09-29T04:56:04.000Z · 👍 2**: With a headline net loss of $42 billion, an $8 billion operating cash loss and $518 billion in committed capital spending ahead.  This is definitely a long-term bet on AI infrastructure. It is not a value investment based on current fundamentals.Anthropic needs to grow its revenue 40 fold within thr
- **supered007 · 2026-09-29T04:33:18.000Z · 👍 1**: AI bubble burst
  - **Fattycat** (2026-09-29T05:08:33.000Z): 🤔🙄🫪🫪🙄🤭. Coming soon🤣
  - **Fattycat** (2026-09-29T05:23:35.000Z): Is AI demand fake or going to burst. Figures will tell. ( extract from today straits times - 29’sep 2026)
- **Darkwinter · 2026-09-29T04:28:30.000Z · 👍 1**: What’s not included in the upcoming key events list is oil price which translate into inflation and eventually rate hikes
  - **Fattycat** (2026-09-29T05:11:16.000Z): US oil price seems to stabilise now. Below $100. May be consolidating before the next rally 😂.
- **Pardha · 2026-09-29T04:13:38.000Z · 👍 1**: This ipo is very interesting with current market
  - **Fattycat** (2026-09-29T04:59:06.000Z): The pricing is important. OpenAI coming too. Which is better? Too many AI models the east and west. Who to win this race and who to fall hard. 🤔


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**