Dow Rebounds as Anthropic IPO Filing Boosts AI Stocks

nikkei.com (Japanese) —

The Dow Jones Industrial Average rebounded at Monday's open, rising 207.59 points to 52,422.75 by 9:35 a.m., driven by buying in AI-related stocks after Anthropic published its IPO prospectus. Anthropic filed its S-1 form Monday morning, planning to list on the Nasdaq under the ticker "ANT," with November listing procedures advancing. Meta announced plans to raise about $95 billion, while Elon Musk said SpaceX secured $40 billion for AI chip purchases. Concerns over Middle East tensions eased as WTI crude fell to the $101 range, with Qatari and other officials visiting Iran to de-escalate conflicts. Nvidia and Cisco led Dow gains, while Apple declined.


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Dow Rebounds as Anthropic IPO Filing Boosts AI Stocks | News Minimalist