Asian stocks jump on Anthropic IPO filing ahead of tech earnings, central bank meetings

Asian stocks surged Tuesday as Anthropic's IPO filing boosted risk appetite ahead of major tech earnings and central bank meetings. The AI company disclosed steep losses alongside rapid revenue growth, while Meta Platforms announced plans to raise up to $95 billion in its largest-ever equity fundraising. Tech-heavy South Korea's KOSPI gained over 4%, Japan's Nikkei rose 1.9%, and MSCI's Asia-Pacific index climbed 1.2%. More than a third of S&P 500 companies report earnings this week, including Alphabet, Microsoft, and Amazon, with investors seeking evidence that AI demand extends beyond interconnected relationships. The Federal Reserve, European Central Bank, and Bank of Japan are expected to hold rates steady, though traders price a Fed hike in December. Brent crude eased to $114.95 a barrel, while the yen traded at 157.72 per dollar ahead of the BOJ decision.