Anthropic eyes IPO, Microsoft stock set for worst quarter since 2008

Anthropic eyes IPO, Microsoft stock set for worst quarter since 2008

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…