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Anthropic eyes $1.4 trillion valuation in blockbuster IPO
US firm Anthropic, the company behind the Claude AI chatbot, has announced it will offer 825 million shares at a price between $70 and $78 apiece during its planned IPO. This will give the firm a valuation of around 1.4 trillion dollars. The blockbuster IPO will come at a time investors are becoming increasingly concerned about risks associated with the AI boom. But first, chip giant Nvidia continues to face pressure over its CEO's love affair with a suspected Chinese spy.
Bitwise 10 Crypto Index Getting Very Oversold
In trading on Tuesday, shares of the Bitwise 10 Crypto Index ETF (Symbol: BITW) entered into oversold territory, changing hands as low as $45.9201 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to
BLOX Crowded With Sellers
In trading on Tuesday, shares of the Nicholas Crypto Income ETF (Symbol: BLOX) entered into oversold territory, changing hands as low as $9.45 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to meas
ProShares Ultra CRCL Getting Very Oversold
In trading on Tuesday, shares of the ProShares Ultra CRCL ETF (Symbol: CRCA) entered into oversold territory, changing hands as low as $9.63 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measur
SonicShares Global Shipping Getting Very Oversold
In trading on Tuesday, shares of the SonicShares Global Shipping ETF (Symbol: BOAT) entered into oversold territory, changing hands as low as $45.73 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used t
Yieldmax CRCL Option Income Strategy (CRCO) Enters Oversold Territory
In trading on Tuesday, shares of the Yieldmax CRCL Option Income Strategy ETF (Symbol: CRCO) entered into oversold territory, changing hands as low as $9.63 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicato