To The Moon

From $1.2B to $15.5B in 18 months. The graph tracks Dario Amodei’s estimated net worth as Anthropic’s valuation has grown.What could come next? A hypothetical $2T IPO could lift his estimated wealth to around $31B, depending on his stake and dilution.See the progression below 👇 $英偉達(NVDA)$ $Meta Platforms, Inc.(META)$ $微軟(MSFT)$

Micron just delivered another huge quarter. Revenue hit $54.2B, up nearly 380% year over year, while adjusted net income reached $38.4B. The standout was data center demand: core data center revenue jumped from $1.6B to $18.0B in a year. And the momentum is still building. Micron guided to roughly $61.5B in revenue next quarter, well above expectations. But the broader market backdrop looks much less comfortable. Only around 42% of S&P 500 companies are currently trading above their 200-day MA, the weakest breadth since May 2025. Technology and communication services were also the only sectors to finish September higher. The contrast is becoming harder to ignore: AI-linked spending across chips, data centers and power infrastructure remains exceptionally strong, while participation acr

A confidential prospectus reviewed by Reuters on 28 September, and not yet publicly filed, gives the first detailed view of Anthropic's finances ahead of a listing that could rank among the largest ever. Founded in 2021, the maker of Claude is preparing a debut investors expect to value it above $2 trillion. The filing puts figures to a business the market has only estimated until now: rapid revenue growth alongside heavy investment in compute. Here's what stands out. Where things stand Valuation. The IPO could value Anthropic above $2 trillion, more than double its estimated $965 billion valuation in May. (Reuters, 28 Sep 2026) Revenue. 2025 revenue rose roughly 12-fold to nearly $4.6 billion. (Reuters) Result. The company reported a net loss of about $42 billion, of which roughly $34 bil

The memory chip supercycle, in two charts. Memory has long been treated as the commodity end of the semiconductor industry. The latest numbers suggest that's changing. 📈 Revenue: In the latest quarter, Samsung's memory division booked $80.5B in sales, SK hynix $SK海力士(SKHY)$ $52.8B and Micron $美光科技(MU)$ $41.5B. All three are well above any level since 2016. 💰 Margins: Micron's EBITDA margin went from –8.9% at its 2022–23 low to 86.1% in its latest quarter. That puts it ahead of Nvidia $英偉達(NVDA)$ at 67.6%, with SK hynix at 81.4%. In memory, higher prices go almost straight to the bottom line. That works in both directions, and right now it's working in the secto

The S&P 500 rose 1.28% in September, but most stocks fell. 📊 Meta, AMD $美國超微公司(AMD)$ , Nvidia, Intel $英特爾(INTC)$ and Micron $美光科技(MU)$ added 2.14 points between them, or 167% of the index's gain. 📉 The other 498 stocks took away 0.86 points. 📉 379 of the 503 stocks (75%) ended the month lower, and the median stock lost 5.1%. ⚖️ The big moves leaned the same way: 101 stocks fell more than 10%, compared with 36 that rose more than 10%. Four of the five leaders are chipmakers. Without them, September would have been a down month for the index.

$博通(AVGO)$Broadcom will lend Anthropic up to $42B to lease its chips, according to a filing first reported by Reuters.Chipmakers aren't just selling AI hardware anymore. They're also helping fund the labs that buy it. $閃迪(SNDK)$ $SpaceX(SPCX)$

Anthropic says Claude is taking a growing role in developing the models that will succeed it. As of August, Claude “leads” 26% of Anthropic’s model R&D work, up from virtually none earlier this year. Under the framework used by Anthropic, “leads” means Claude can complete most of a task end-to-end from a high-level prompt, with a human still supervising. More than 90% of R&D work is now at least AI-collaborative. That’s an important distinction: Anthropic says Claude is not yet fully autonomous in any measured area of its R&D. But the direction of travel is striking. The company developed the new R&D Automation Index to track how much AI is contributing to building future AI, and potentially how close frontier labs are getting to recursive self-improvement. Anthropic also a

Just three private companies, OpenAI, Anthropic and SpaceX $SpaceX(SPCX)$ , now carry a combined valuation of roughly $5.2T. That is more than the estimated $4.1T combined valuation of 3,365 U.S. tech companies that went public between 1980 and 2025. The concentration is striking. OpenAI alone is valued at around $1.2T, while Anthropic and SpaceX are each shown at roughly $2T. By comparison, the average company across those thousands of historical tech IPOs works out to about $1.2B. It is an extreme illustration of how much capital and expected future growth are becoming concentrated in a very small group of private technology companies, particularly those at the center of AI and next-generation infrastructure. Three companies. More than four deca

Warren Buffett spent 62 years at the helm of Berkshire Hathaway. How does that compare with other long-serving leaders of listed companies? Take a closer look at the graph to see the full top 10, their roles, and how each company’s shares performed during their tenure. 👇 $Meta Platforms, Inc.(META)$ $美光科技(MU)$ $閃迪(SNDK)$

A remarkably small group of stocks did most of the heavy lifting for U.S. equities in August. In the Nasdaq-100, the top five contributors accounted for 86% of the index’s 3.47% gain, led by Palantir Technologies $Palantir Technologies Inc.(PLTR)$ , Micron Technology $美光科技(MU)$ , NVIDIA, Tesla $特斯拉(TSLA)$ and Apple. The S&P 500 told a similar story. Its five biggest contributors generated 84% of the index’s 2.00% gain, with NVIDIA, Apple, Palantir, Micron and Microsoft at the top. Headline index strength can sometimes hide how narrow the underlying participation really is. It also cuts both ways: Amazon, Alphabet Inc., Broadcom and Applied Materials were among