4h ago
Investors weigh lower valuation for Anthropic's $2 trillion planned IPO
Anthropic's planned initial public offering is being assessed at a lower valuation than previously expected, with some investors discussing a figure of about $1.5 trillion, Reuters reported. That compares with the roughly $2 trillion valuation anticipated earlier. The company told prospective investors that third-quarter revenue rose 45% sequentially to $16.8 billion. It has also committed to $518 billion in AI-related spending.
4h ago
5h ago
Site Centers to voluntarily delist its common shares
Site Centers (SITC) has announced it will voluntarily delist its common shares from the New York Stock Exchange. The company said the move follows its expectation that its previously announced special distribution will push its share price and market capitalization to levels that could trigger an involuntary delisting by the NYSE. Site Centers expects the delisting to take effect before the market opens on December 4, 2026. The company has not arranged for a listing or quotation of its common shares on another national securities exchange.
5h ago