Gulf mediators and Iran agree to keep talking as US strike threat loomsIsrael votes at record turnout in election too close to callCongo Ebola cases pass 10,000 as neighbours tighten quarantineHouthis claim missile strike on Ras Tanura as Egypt backs RiyadhOleshky truce holds as Nordic leaders speak with PutinDrone strikes kill 21 in Nyala and cut power across Sudan as states warn of famineChurch reports 60 Orthodox Christians killed in two Oromia attacksIndia evacuates eastern coast as very severe Cyclone Arnab nears landfallJordan strikes southern Syria after church attack, Damascus protestsAnthropic's IPO filing shows heavy losses and warns of existential risksRussian strikes damage Kyiv's South Bridge and cut power in seven regionsFlávio Bolsonaro leaves for US as Brazil cancels his passportsOil holds near $115 while gas, fuel costs and inflation stay highChina's AI stocks keep falling despite state supportFrench student groups reject concessions as finance minister rules out new spendingAI stocks rebound as Meta raises equity and Anthropic files for IPOHebron displacement nears 5,000 as officers expect pullout after voteTwo men charged over RAF Fairford incidentStudent List wins Serbian election as Croatia demands acknowledgement of 1990s warsIndonesia and Singapore plan haze task force amid tensionsBrazil's real suffers worst day in over 25 years after Lula comebackIran threatens legal action against Sinokor ships over HormuzUN commission says Israel continued genocide in Gaza after ceasefireGas exporters meet in Moscow as Iranian and Qatari leaders hold talksIndonesian bond yield hits four-year high as MSCI risk and oil weighFrench consumer confidence hits 13-year low amid protestsGulf mediators and Iran agree to keep talking as US strike threat loomsIsrael votes at record turnout in election too close to callCongo Ebola cases pass 10,000 as neighbours tighten quarantineHouthis claim missile strike on Ras Tanura as Egypt backs RiyadhOleshky truce holds as Nordic leaders speak with PutinDrone strikes kill 21 in Nyala and cut power across Sudan as states warn of famineChurch reports 60 Orthodox Christians killed in two Oromia attacksIndia evacuates eastern coast as very severe Cyclone Arnab nears landfallJordan strikes southern Syria after church attack, Damascus protestsAnthropic's IPO filing shows heavy losses and warns of existential risksRussian strikes damage Kyiv's South Bridge and cut power in seven regionsFlávio Bolsonaro leaves for US as Brazil cancels his passportsOil holds near $115 while gas, fuel costs and inflation stay highChina's AI stocks keep falling despite state supportFrench student groups reject concessions as finance minister rules out new spendingAI stocks rebound as Meta raises equity and Anthropic files for IPOHebron displacement nears 5,000 as officers expect pullout after voteTwo men charged over RAF Fairford incidentStudent List wins Serbian election as Croatia demands acknowledgement of 1990s warsIndonesia and Singapore plan haze task force amid tensionsBrazil's real suffers worst day in over 25 years after Lula comebackIran threatens legal action against Sinokor ships over HormuzUN commission says Israel continued genocide in Gaza after ceasefireGas exporters meet in Moscow as Iranian and Qatari leaders hold talksIndonesian bond yield hits four-year high as MSCI risk and oil weighFrench consumer confidence hits 13-year low amid protests
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Symbolic image: AI stocks rebound as Meta raises equity and Anthropic files for IPOSymbolic image

AI stocks rebound as Meta raises equity and Anthropic files for IPO

5 sources

Meta's equity sale, with $3bn from Nvidia, was reportedly five times oversubscribed. Asian and US stocks rose after Anthropic's IPO filing.

Meta announced on Monday, 26 October, an equity raise of up to $95bn, according to the FT: $35bn in common and mandatory convertible preferred stock plus up to $60bn through an at-the-market programme. Handelsblatt reports an expansion to $97.5bn in total, with the Class A placement lifted from $22.5bn to $25bn. Nvidia takes $3bn of it and deepens its work with Meta on Muse and the underlying AI models. Bloomberg's headline says the $25bn sale ended five times oversubscribed.

Asian and US shares climb

Anthropic also filed its IPO registration statement on Monday, and the FT says the offering could raise up to $100bn. Asian markets rose on Tuesday, with Advantest up 10% and SoftBank almost 7%. A Daiwa Securities strategist described relief, while an Ameriprise strategist said investors need confidence that heavy spending reflects lasting business needs.

Why Meta moved alongside Anthropic

An FT commentary by a former equity capital markets head at Bank of America argues Meta wants to stay in investors' minds while they free up cash for Anthropic, possibly by selling other AI holdings. It says AI build-out needs exceed big tech's free cash flow.

Fed decision next

Handelsblatt says attention now turns to Wednesday's Fed decision. Unchanged rates are seen as likely, while the tone on a possible December hike is open.

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