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AI stocks rally as Anthropic IPO filing revives technology trade
Global technology stocks rallied on Tuesday as investor confidence in the artificial intelligence sector recovered following Anthropic’s long-awaited IPO filing, according to a report by the Financial Times. The Nasdaq 100 gained 1.1% on Monday after Anthropic disclosed sharply rising revenues in the first half of 2026 and a $112bn cash position. The filing helped ease concerns over the commercial viability of AI investment, following months of volatility driven by questions over the scale of capital expenditure required to support the sector’s expansion. Asian technology stocks led Tuesday’s
Latest closeNasdaq Comp. 26,169.38 ▲0.8%