Show Notes
Carl Quintanilla, Jim Cramer and David Faber covered all of the bases on a big breaking news story: Anthropic disclosed its much-anticipated public IPO filing. The AI startup is set to trade on the Nasdaq under the ticker symbol "ANT". The anchors delved deeply into the details of the filing, with additional coverage from Leslie Picker and Kate Rooney. Also in focus: Meta's $95 billion stock offering; Elon Musk's warning about neoclouds sends shares of CoreWeave and other names in the group lower; Verizon falls despite record Q3 results; Markets brace for a big week including mega-tech earnings and a Fed rate decision.
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Anthropic Investor Matt Witheiler of Wellington Management joins to discuss his take on Anthropic's S-1, which was filed this morning. Then, Former Fed Vice Chair Rich Clarida looks ahead to the Fed meeting this week. Plus, we bring you an early read on demand for the new iPhone Duo, which hit the stores over the weekend.
Anthropic officially files to go public in one of the most highly anticipated market events of the year. We look at the financing, the broader market impact, and the timeline of the debut. Plus, we’re joined by two of the earliest investors in the company. Bessemer Ventures’ Byron Deeter and Menlo Ventures’ Matt Murphy, with their outlook on the firm’s growth. And Meta also planning some big AI investments with a $95B share sale. How that could impact current shareholders.
CrowdStrike CEO George Kurtz joins to discuss the new web security flaw that was uncovered in the software that runs most of the internet. Then, Niles Investment Management Founder Dan Niles joins to discuss his take on tech earnings. Plus, we speak with William Blair analyst Myles Minter about Moderna's cancer vaccine data leak.
Apple hits a record high as its new foldable iPhone Duo officially goes on sale. Longtime Apple blogger John Gruber joins Squawk on the Street to discuss whether the device can move the needle for shareholders. Plus, telecom stocks tumble as Bloomberg reports SpaceX is looking to secure at least 80,000 cell sites across the U.S., sending tower stocks higher. And CNBC has new details on OpenAI’s latest fundraising efforts and potential new valuation.