WSJ: Anthropic targets Nasdaq debut next week under ticker ANT in spite of tech selloff

In the latest Nasdaq today update, a range that keeps near $1.5 trillion would suggest institutional demand is intact and could help stable AI-linked names on the Nasdaq, according to investingLive. The filing due this week, with the range, the share count and any anchor market participants, is the next catalyst.

Key points

• A week ago, traders expected the firm to aim for about $1.5 trillion.
• Anthropic will nearly certainly have to accept a figure far below the roughly $2 trillion floated months ago.
• Aim too high and demand could suffer, with shares declining following the debut.
• The index has since rebounded some ground, which looks set to have encouraged Anthropic to proceed.

What happened: Nasdaq today

Anthropic is set to press ahead with its initial public offering later this month even with a sharp selloff in artificial intelligence shares, The Wall Street Journal reported, pointing to people familiar with the matter. A week ago, traders expected the firm to aim for about $1.5 trillion. Anthropic will nearly certainly have to accept a figure far below the roughly $2 trillion floated months ago.

Aim too high and demand could suffer, with shares declining following the debut. Firms in the Nasdaq Composite lost roughly $2.5 trillion in value on Thursday following the US midterm elections swept a bloc of AI sceptics into office and passed moratoriums that could slow data centre construction.

The index has since rebounded some ground, which looks set to have encouraged Anthropic to proceed.

Why traders are watching Nasdaq today

Equity moves reflect expectations for earnings, interest rates and economic growth. Strong or weak results from large companies can shift sentiment across whole sectors and indices.

Stock-market sentiment also spills over into currencies: risk-on moods tend to favour higher-yielding currencies, while sell-offs often support safe havens.

Market reaction and data

On the currency side, the latest ECB daily reference rates (2026-11-09) show EUR/USD 1.1193, GBP/USD 1.3416, AUD/USD 0.6894, NZD/USD 0.5613, USD/JPY 157.95, USD/CHF 0.8187, USD/CAD 1.4103, USD/CNY 6.6728. These are reference fixes, not live quotes.

What to watch next for Nasdaq today

Traders will track upcoming earnings, guidance from company management, bond yields and macro data that could change the rate outlook.

Key scheduled releases on the economic calendar:

• USD Core CPI m/m on Tue Nov 10, 13:30 UTC, forecast 0.2%, previous 0.3%
• USD CPI m/m on Tue Nov 10, 13:30 UTC, forecast 0.3%, previous 0.6%
• GBP GDP m/m on Thu Nov 12, 07:00 UTC, forecast 0.0%, previous 0.1%
• USD Core PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.3%, previous 0.7%
• USD PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.4%, previous 1.3%

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FAQ

What is the latest Nasdaq today news?

A range that keeps near $1.5 trillion would suggest institutional demand is intact and could help stable AI-linked names on the Nasdaq.

Why do stock markets react to interest rates?

Higher rates raise borrowing costs and reduce the present value of future profits, which tends to weigh on stock valuations, especially for growth companies.

Where does this information come from?

This report is based on coverage from investingLive, checked against market data where available. It is a summary for information only and not investment advice.