Brazilian stocks could open sharply lower after President Luiz Inácio Lula da Silva unexpectedly won a fourth term, adding to market uncertainty ahead of a packed week of major economic and corporate events.
Anthropic Files for Nasdaq IPO Under Ticker ANT
Artificial intelligence company Anthropic has filed for its long-anticipated initial public offering, naming Goldman Sachs and Morgan Stanley as lead underwriters.
The company intends to list on the Nasdaq under the ticker ANT. Its filing does not yet specify how much capital it plans to raise or the valuation it is seeking. Previous reports, however, suggested the offering could raise as much as $100 billion and value Anthropic at approximately $2 trillion.
Anthropic reported first-half revenue of $16.3 billion in its prospectus, a significant increase from $1.2 billion during the corresponding period last year.
Strategy Skips Bitcoin Purchases and Buys Back More STRC
Strategy made no new Bitcoin acquisitions last week as pressure on its common shares and a below-par trading price for its STRC preferred stock continued to limit its purchasing activity.
Instead, the company repurchased another $204.9 million in STRC shares, bringing its cumulative buybacks to more than $1.8 billion. Strategy had issued approximately $8.6 billion worth of STRC before launching the repurchase program last summer.
STRC finished Friday at $99.36. Strategy shares fell 2% in premarket trading as Bitcoin slipped back toward $80,000 over the weekend. MSTR was quoted at $138.11 in the provided market data.
Bitmine’s ETH Holdings Approach 5% of Total Supply
Bitmine, led by Tom Lee, acquired an additional 10,452 ETH last week, lifting its Ethereum treasury to approximately 6.05 million tokens worth more than $14 billion.
The latest purchases brought the company’s share of Ethereum’s circulating supply to around 4.95%. Bitmine’s longer-term objective remains to accumulate 5% of the network’s total ETH supply.
The company’s shares were quoted at $21.33 in the supplied market data.
Strive Expands Bitcoin Treasury With $511 Million Purchase
Strive continued its aggressive Bitcoin accumulation, adding 6,182 BTC last week following its preferred stock offering, SATS, which raised more than $600 million.
The purchase cost approximately $511.4 million and pushed the company’s total Bitcoin holdings to 43,000 BTC. At a market price near $80,000 per coin, the reserve was worth roughly $3.44 billion.
Strive also reported $504.4 million in cash as it continued building a reserve intended to cover dividend payments on its preferred stock.
ASST shares dropped 2.9% before the market opened, moving alongside Bitcoin’s weekend decline. The stock was quoted at $27.26 in the provided data.
Meta Plans $95 Billion Capital Raise to Support AI Investments
Meta unveiled a fundraising plan totaling approximately $95 billion as it seeks to accelerate its artificial intelligence strategy.
The initial offering will total around $35 billion, including $22.5 billion in common stock and $12.5 billion in preferred shares. Meta also plans to raise an additional $60 billion through an at-the-market offering of its new Class C common stock.
The company said AI is opening up opportunities across its existing operations and emerging product lines. It attributed stronger engagement, better advertising performance and improved monetization to its current AI investments.
Meta is also pursuing opportunities involving personal superintelligence, AI agents for consumers and businesses, enterprise services and AI-powered glasses.
Meta shares gained 2% in premarket trading, following the announcement. The stock was quoted at $632.20 in the supplied market data.
Oil Falls as Investors Face a Week of Major Market Catalysts
Brent crude declined more than 6% from Friday’s high, trading below $110 per barrel as hopes for a US-Iran agreement eased fears of a further escalation in regional tensions.
According to the Financial Times, Iran was hosting representatives from Saudi Arabia, Pakistan and Turkey after Qatari officials had visited the country.
Brazilian markets also faced significant selling pressure after Lula’s unexpected election victory. The country’s stock market reportedly dropped 20%, while the iShares MSCI Brazil ETF fell 26% in premarket trading.
Bitcoin held just above $80,000, while gold traded slightly above $4,000 an ounce. The Invesco QQQ Trust remained broadly flat before the opening bell as investors continued to assess the outlook for AI-related stocks.
The US Dollar Index stayed just below 102, while the 10-year Treasury yield hovered just under 5%.
Market attention now turns to quarterly earnings from Microsoft and Amazon, alongside upcoming interest-rate announcements from the Federal Reserve, Bank of Japan and European Central Bank.
