Stock Takes: Anthropic IPO seen as key test for AI market after Firmus listing collapse

Anthropic's IPO is framed as a pivotal valuation test for AI and data-centre equities after Firmus's pulled listing and evidence of slowing hyperscaler revenue growth. Simultaneously, multi-decade-high government bond yields raise funding costs and compress long-duration AI names. A successful Anthropic listing could restore sector confidence; a delay or weak pricing would reinforce scepticism. Watch IPO terms and yield direction as the near-term swing factors.