Anthropic Revenue Up 1300% Ahead of IPO

Key Takeaways

• <ul><li>Anthropic reported first-half revenue up about 1,300% and is moving toward an IPO</li><li>Broadcom announced a US$63 billion financing deal to expand AI capacity</li><li>China's Star 50 AI index lost roughly $480 billion, or 40%, in four months</li><li>SK hynix posted operating profit up over sevenfold, lifting South Korea's KOSPI 6.63%</li><li>Nvidia invested US$3 billion in Meta's equity offering</li><li>TER reported Q3 sales of $1.306 billion, up 70% year over year</li><li>APH raised FY2026 sales outlook to $36.9B-$37.1B on AI demand</li><li>ASMPT revenue surged 49% on AI chip packaging demand</li><li>Wazuh uses Anthropic's Claude and Meta's Llama in security operations</li><li>T. Rowe Price advises favoring equities over bonds for AI-driven returns</li></ul>

AI stocks drive Wall Street higher as Fed decision nears

Wall Street stocks rose for a second day on Tuesday as AI-linked shares led gains. Anthropic reported first-half revenue up about 1,300 percent and moved toward an IPO. Broadcom announced a US$63 billion financing deal with Citi, Blackstone and Morgan Stanley to build new AI capacity. Investors await earnings from Microsoft, Alphabet and Amazon plus a Federal Reserve rate decision on Wednesday.

China's AI stock bubble may have already burst

China's Star 50 AI index lost about 40 percent of its value, or roughly $480 billion, in four months. Chipmakers and AI equipment suppliers saw share prices fall by 50 to 70 percent. Retail investors who bought popular names like robotics firm Unitree faced heavy losses. The sell-off reflects worries about US demand and overhyped AI valuations.

Global stocks rally on AI optimism ahead of Big Tech earnings

Global stock markets rose on Wednesday as investors stayed positive on AI spending. South Korea's KOSPI jumped 6.63 percent after SK hynix reported operating profit of 83.33 trillion won, up more than sevenfold. Nvidia announced a US$3 billion investment in Meta's equity offering. Investors watch earnings from Microsoft, Alphabet and Amazon plus central bank decisions. Oil prices rose above $115 a barrel.

Asia stocks gain on AI enthusiasm before Fed decision

Asia stocks rallied on Wednesday as AI optimism returned ahead of key US tech earnings. SK Hynix reported quarterly operating profit up more than sevenfold, lifting its shares. South Korea's KOSPI rose over 3 percent while Japan's Nikkei added 1.2 percent. Investors await earnings from Alphabet and Microsoft plus a Federal Reserve policy decision. The dollar held near a two-week high at 102.37.

Tech stocks surge as SK hynix boosts AI confidence

Asian tech stocks surged after SK hynix reported third-quarter operating profit of US$62.8 billion, up 632 percent. SK hynix shares rose almost 9 percent and Samsung added over 8 percent, pushing Seoul's KOSPI up more than 6 percent. Anthropic's IPO filing and Broadcom's US$63 billion financing deal also lifted sentiment. Investors await earnings from Microsoft, Alphabet and Amazon plus a Federal Reserve decision.

TER reports steady Q3 sales of $1.3B driven by AI testing demand

TER reported Q3 sales of $1.306 billion, up 70% year over year. The company also posted non-GAAP EPS of $2.29 with growth across all segments. Full-year guidance includes $5.2 billion in revenue and $9.41 in non-GAAP EPS. AI-related test demand remains a key growth driver.

APH raises FY2026 sales outlook to $36.9B-$37.1B on AI demand

APH reported record Q3 sales, orders and adjusted EPS. Strong growth was led by AI-related IT datacom demand across most end markets. The company now expects about 60% sales growth for FY2026. Further expansion is expected in Q4.

Use AI tools to plan holiday spending and avoid overspending

Cherry Dale of Virginia Credit Union says listing your holiday expenses is the first step before using AI tools like ChatGPT or Claude. AI can help organize budgets, suggest menus, grocery lists and gift ideas within a set limit. Dale warns never to enter personal details like names or banking information. General details can still produce a useful personalized budget. She also suggests gifts of time or shared experiences as meaningful alternatives to store-bought items.

Wazuh uses AI to improve security operations center workflows

Wazuh promotes AI use in Security Operations Centers to reduce analyst fatigue and speed up investigations. The Wazuh AI Analyst runs on Amazon Bedrock and Anthropic's Claude and sends periodic security reports automatically. For self-hosted setups, Wazuh supports Ollama running Meta's open-source Llama LLM locally. Another option integrates Anthropic's Claude 3.5 Haiku through Amazon Bedrock into the dashboard. These options help teams keep data on their own networks or maintain strict privacy.

Legal AI news includes practice note and agentic AI explained

A new AI practice note and a look at agentic AI are among legal technology stories from the past month. The SRA consultation on AI and solicitor training closes on 3 December 2026. LawtechUK reports a 20% rise in sector funding in the first six months of 2026 compared to all of 2025. Microsoft president Brad Smith compares AI regulation to rules for everyday products. Harvey and Legora both launched competing AI products named Intake.

IREN Stock Falls 30% as AI Growth Masks Deeper Risks

IREN Limited stock dropped 30% during the recent AI selloff. Funding and cost of capital concerns continue to drive negative sentiment. Despite infrastructure growth and the Mirantis acquisition, IREN still operates more like a bare-metal provider than a full-stack AI cloud platform.

Cleareye Launches AI Tool for Trade Finance Documents

Cleareye.ai launched ClearTrade, an AI product that reviews standby letters of credit and guarantees. The platform uses fixed rules and large language models to find risks hidden in complex wording. It checks clauses against standards like URDG 758 and ISP 98 and offers real-time monitoring for money laundering risks.

AI Is Changing How Americans Choose Snacks

An analysis of over 53 million shopping transactions found that Americans increasingly ask AI for snack suggestions. Instead of picking a brand, shoppers request snacks based on needs like more protein or fiber. High-protein snacks reached $12.1 billion in sales, while protein and fiber products grew to $19 billion. The report highlights a shift toward simpler ingredients and benefit-driven snack choices.

ASMPT Revenue Surges 49% on AI Chip Packaging Demand

ASMPT reported third-quarter revenue of HK$5.25 billion, up 49% year over year. Its advanced packaging unit hit record first-half revenue of $339 million, driven by thermo-compression bonding for AI chips. However, the core semiconductor solutions unit missed analyst expectations. The company guided fourth-quarter revenue to between $670 million and $730 million.

T. Rowe Price Says Equity Beats Bonds for AI Returns

T. Rowe Price CIO Arif Husain says investors should favor equities over bonds to capture AI-driven gains. He notes that bondholders historically lose out during large-scale capacity build-outs. Husain described the current environment as an intergalactic battle for capital among hyperscalers, governments and data center developers. He also defended the 60/40 portfolio while urging broader diversification.

Sources

• AI stocks lift Wall Street ahead of Fed decision and tech earnings
• The AI bubble has ‘already burst’ in China
• Global stocks rally as AI optimism lifts markets ahead of Big Tech earnings
• Stocks get AI lift, dollar holds steady ahead of Fed decision
• Tech stocks soar as SK hynix adds to rising AI confidence
• TER: Q3 sales held at $1.3B for a third straight quarter as AI test demand fueled growth
• APH: Record growth and AI-led demand lift FY2026 sales outlook to $36.9B-$37.1B
• How to use AI to budget for the holidays without overspending
• Wazuh and AI for Enhanced SOC Workflows
• AI practice note and what agentic AI means for legal: 7 technology stories you might have missed
• IREN Stock: The AI Boom Is Hiding A Bigger Problem
• Cleareye launches AI-powered SBLC product
• Americans are asking AI what to eat, and it is starting to reshape the grocery aisle
• ASMPT sales jump 49% on AI chip packaging as core equipment unit misses
• How asset owners should play AI’s ‘intergalactic battle for capital’