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Is $1.5 Trillion Too Much for Anthropic? Some IPO Investors Think So

Potential investors reportedly doubt Anthropic can start its initial public offering (IPO) roadshow in time for a November listing. Four people familiar with the talks told Reuters investors want a more attractive price before committing. The roadshow, a series of investor meetings before pricing, had been expected the week of November 9. A delay could…

Snap Stock Wipes Out Its Earnings-Day Rally After a Revenue Miss

Snap Inc. (SNAP) stock fell 11.46% after hours on Wednesday, dropping to $5.24 from its $5.92 close. The Snapchat parent posted a profit and guided above estimates, but missed on revenue and daily users. The after-hours slide erased a 5.81% gain from the regular session, when shares rose from a $5.60 previous close.  Follow us…

Canva’s First Growth Slowdown in a Decade Triggers a 1,271-Role Restructure

Canva is restructuring 1,271 roles, or 22% of its global workforce. The changes include job cuts, new roles for some staff, and relocations to central hubs. Co-founder and CEO Melanie Perkins announced the Canva restructure in a note to staff on Wednesday. She did not say how many affected employees will lose their jobs. Canva…

Citi Sells Clients on Bitcoin ETFs Despite $1 Billion Outflows

Citi Wealth pitches Bitcoin ETFs to clients as US funds lose $1 billion in two days after the Binance hack. The post Citi Sells Clients on Bitcoin ETFs Despite $1 Billion Outflows appeared first on BeInCrypto.

Anthropic’s Amended IPO Filing in 5 Numbers Before Its Nasdaq Debut

Anthropic swung to a $567 million operating loss in Q3, reversing a $974 million operating profit in Q2. The Claude developer disclosed the swing in an amended initial public offering (IPO) filing. Revenue kept growing, but not fast enough to cover rising costs. These 5 numbers from the filing show what investors will weigh before…

Are Businesses Ignoring a Big Risk With AI Agentic Payments?

AI agents are already paying for things they need to get a job done. That can mean buying a web search or checking whether an airline reward seat is available. BeInCrypto’s State of AI Agent Payments 2026 tracked 6.4 million payments in 35 days through x402, a protocol used for agent payments, across Base and…

Why OpenAI Lowered Its Price Tag Weeks Before Anthropic Goes Public

OpenAI has lowered the valuation target for its latest funding round to $1.25 trillion, the Financial Times reported. That sits below the $1.4 trillion price investors heard earlier this month. The new figure would still lift OpenAI almost 50% above its $852 billion valuation from March. Investors have until October 30 to commit. Why Did…

Birdeye Launches Institutional Terminal as Bots Dominate Crypto

Every day, billions of dollars move through crypto markets. Investors watch trading volumes to understand where money is flowing and which assets are attracting attention. But how much of that activity comes from actual people? According to data from Birdeye, roughly two-thirds of crypto trades are driven by bots. On Solana, automated activity may account…

Bitget Advances Institutional RWA Strategy Super Match Liquidity Framework

Bitget, one of the world’s largest Universal Exchanges (UEX), has outlined the next phase of its real-world asset (RWA) strategy, expanding beyond direct market access for tokenized equities toward an institutional-grade liquidity framework. Powered by Bitget’s Super Match engine, a liquidity and price-discovery framework that connects internal trading flows, market makers, and multiple liquidity sources,…

The Next Generation of Crypto Winners Could Be Very Different

Wall Street is building more of its business on blockchain. Crypto investors now have to work out which tokens give them a meaningful stake in that growth. On October 8, Securitize announced blockchain-based trading in 12 US stocks, including Apple and Nvidia. The products are backed by underlying shares and initially trade on Solana. Round-the-clock…
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