IPO Calendar

Retail sales, Fed FOMC minutes, Nvidia earnings, Anthropic IPO could dominate the coming week. Nvidia is poised for a relief rally with upcoming earnings catalyst. Home Depot faces looming headwinds...

Why We Exited Nvidia This Summer and Where AI Spending Goes Next Why we don’t own Nvidia Anthropic’s potential IPO What changes across the AI value chain? The sell-off in AI-linked stocks...

Just when Wall Street thought it might get through the week without another grenade landing in the AI complex, semiconductor shares took a 4.5% beating, Nvidia extended its slide, and Bitcoin slipped...

OpenAI bets on consumers, apps and ads. Anthropic focuses on tools for businesses. From a distance, OpenAI and Anthropic look like the same company. Both were founded by researchers from the same...

Rates are back under upward pressure, reviving our tactical bearish view. AI risks have become more idiosyncratic, but upcoming catalysts could quickly reverse the move. France remains under pressure,...

Individual investors were clearly back at the tables, and judging by the concentration of activity, diversification wasn’t particularly high on their list of priorities.Takeaways• The AI revival has...

Will USD/JPY break out of its 2-month range? DAX nears record highs as oil prices fall to 2-month lows.Will USD/JPY Break Out of Its 2-Month Range?USD/JPY is rising after hot U.S. inflation and...

October’s inflation report contained a much broader warning than the headline CPI surprise initially suggested.Takeaways• October’s inflation report contained a much broader warning than the headline...

Executive SummaryThe bearish report interprets Anthropic’s shrinking IPO valuation range as proof of hidden systemic risks within the AI capital chain, warning that massive compute commitments, price...

Michael Cembalest of J.P. Morgan Asset Management takes a wide-ranging look at the US midterm elections, the increasingly complicated financing of the AI boom and the lessons investors should have...