EconomyAnthropic IPO filing revives the AI trade

Anthropic’s IPO filing has helped revive the AI trade. The company reported strong first-half revenue while flagging major financial, infrastructure and AI-related risks. Meta is seeking up to $95 billion for AI investment, and Microsoft is offering buyouts to around 60,000 employees. Markets are focused on tech earnings and central banks; Korean memory stocks and the Nikkei rose as the yen weakened ahead of the Bank of Japan. Emirates NBD Chief Economist Nick Stadtmiller told Horizons he expects…