Anthropic's IPO plans run up against a battered Wall Street

What happened: Anthropic (ANTH.PVT) is widely expected to launch its IPO between now and the end of the month, but a broad tech selloff on Thursday hit the plan. Key numbers: Nasdaq (^IXIC) fell more than 5%, S&P 500 (^GSPC) nearly 4%, Dow (^DJI) more than 3%. Kalshi odds of an IPO filing by Nov. Why it matters: The drop follows election results that raised questions about the data center buildout, and Meta (META) said building data centers will be harder. Anthropic's IPO will test the market's appetite for AI firms ahead of OpenAI's (OPAI.PVT) anticipated offering. Market: -15.3% today ($411.60), +84.2% YTD, 2.0x vol — as of 20:33 UTC Verified: Q3_2026 (Nov 3) EPS $2.09 vs $1.94 est, +7.5% beat; next print ~Feb 2

Anthropic (ANTH.PVT) is widely expected to launch its IPO between now and the end of the month, but a broad tech selloff on Thursday hit the plan.

The drop follows election results that raised questions about the data center buildout, and Meta (META) said building data centers will be harder. Anthropic's IPO will test the market's appetite for AI firms ahead of OpenAI's (OPAI.PVT) anticipated offering. Market: -15.3% today ($411.60), +84.2% YTD, 2.0x vol — as of 20:33 UTC Verified: Q3_2026 (Nov 3) EPS $2.09 vs $1.94 est, +7.5% beat; next print ~Feb 2