Markets

Anthropic’s path to the Nasdaq just got a lot bumpier

Summary

Recent financial forecasts from major cloud providers weighed heavily on technology shares, causing a downturn in the markets. Consequently, the Nasdaq index suffered its first three-week sequence of losses since March, creating potential challenges for upcoming public market debuts.

Concerning projections from hyperscalers this week punished tech stocks and pushed the Nasdaq to its first three-week losing streak since March.

Source: Read the full story at US Top News and Analysis

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