By Yahoo Finance Video
Publication Date: 2026-03-27 17:28:00
00:01 John Highland
Time for the Yahoo Finance Market Minute. I’m John Highland.
00:03 John Highland
I want to kick things off today with Anthropic, the AI giant behind Claude is reportedly looking to go public as soon as this year.
00:09 John Highland
The information is reporting that they could file confidentially for their IPO in October. Uh they would be looking to raise up to more than $60 billion
00:15 John Highland
and they previously had a valuation of around $380 billion in their last funding round.
00:20 John Highland
Switching it up to the major averages. We are still seeing stocks under pressure as the war in Iran continues. The major averages all in the red looking to close out a fifth straight week of losses.
00:27 John Highland
The Nasdaq itself falling deeper into correction territory, meaning it’s down 10% from its record high.
00:32 John Highland
It would take a drop of 20% for it to be…