The Marked Chart Wire · Markets
Markets
Anthropic expected to reach 3.5 gigawatts of compute by year end
The AI company is reportedly set to operate more than 3.5 gigawatts of computing capacity by the end of 2026.
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Elliott warns of bear market risks as AI rally faces potential unwind
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Nasdaq 100 enters correction as QQQ tests support
The Nasdaq 100 index has fallen into correction territory. The QQQ ETF is currently testing its 200-day moving average.
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European stocks fall on earnings and election concerns
European equities declined as investors assessed corporate results, oil prices, and risks related to the upcoming U.S. election.
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Analyst warns tech sell-off signals more than a correction
With midterm elections approaching, investors are bracing for political gridlock. One analyst describes the recent decline in technology stocks as a deeper issue than a standard market correction.
Markets
Backers seek $1.5 trillion valuation for Anthropic
Shareholders are reportedly pushing for a company value near $1.5 trillion, according to recent reports.
HotNasdaq
Nasdaq 100 enters correction after 10 percent drop
The Nasdaq 100 index has declined 10 percent from its October record high, officially entering a correction phase.
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