Brazilian shares are set for a steep decline at the opening bell after President Luiz Inácio Lula da Silva unexpectedly secured a fourth term, while global markets prepare for a week packed with major earnings reports and central bank decisions.
Anthropic Moves Ahead With Highly Anticipated IPO
Anthropic has submitted its initial public offering filing, bringing the AI company closer to a potential Nasdaq listing under the ticker ANT. Goldman Sachs and Morgan Stanley will lead the underwriting process.
The filing has yet to reveal the amount Anthropic intends to raise or the valuation it is targeting. Earlier reports suggested the company could seek up to $100 billion in funding at a potential valuation of $2 trillion.
The prospectus also revealed a sharp increase in revenue. Anthropic recorded $16.3 billion in first-half revenue, compared with just $1.2 billion in the same period a year earlier.
Strategy Holds Off on New Bitcoin Buys as STRC Repurchases Continue
Strategy made no Bitcoin purchases last week as its weaker common share price and STRC preferred shares trading below their $100 face value continued to constrain its options.
The company did, however, repurchase another $204.9 million in STRC, pushing total buybacks beyond $1.8 billion. Before the repurchase program began last summer, Strategy had issued approximately $8.6 billion in STRC.
The preferred stock closed Friday at $99.36. Strategy shares fell 2% in premarket trading as Bitcoin retreated toward $80,000 over the weekend. MSTR was quoted at $138.11 in the supplied market data.
Bitmine’s Ethereum Treasury Reaches 6.05 Million ETH
Bitmine added 10,452 ETH to its holdings last week, bringing its total reserves to approximately 6.05 million tokens valued at more than $14 billion.
The company, led by Tom Lee, now holds an estimated 4.95% of Ethereum’s total supply. It continues to pursue a target of owning 5% of all ETH.
Bitmine shares were quoted at $21.33 in the provided market data.
Strive Buys 6,182 BTC After Raising Capital Through SATS
Strive expanded its Bitcoin reserves with a purchase of 6,182 BTC worth $511.4 million last week, following its preferred stock offering that raised more than $600 million.
The acquisition lifted the company’s total holdings to 43,000 BTC, valued at approximately $3.44 billion at Bitcoin prices near $80,000.
Strive’s cash reserves also climbed to $504.4 million as it set aside funds to support dividend payments on its preferred shares.
ASST declined 2.9% in premarket trading amid Bitcoin’s latest pullback. The stock was quoted at $27.26 in the supplied market data.
Meta Unveils $95 Billion Funding Initiative for AI Development
Meta announced plans to raise approximately $95 billion through a combination of securities offerings and a new share-sale program as it expands its AI operations.
The company plans to offer around $35 billion in securities, consisting of approximately $22.5 billion in common stock and $12.5 billion in preferred shares. A further $60 billion is expected to come from an at-the-market offering of newly issued Class C common stock.
Meta said its AI investments are already supporting higher engagement, stronger advertising performance and improved monetization. The company is also exploring new opportunities in personal superintelligence, consumer and enterprise AI agents, business products and AI-powered glasses.
Meta shares rose 2% in premarket trading following the announcement. The stock was quoted at $632.20 in the supplied market data.
Crude Oil Slides as Investors Brace for Key Economic Decisions
Brent crude dropped more than 6% from Friday’s high, slipping below $110 per barrel as the prospect of a US-Iran agreement reduced concerns about further escalation in the region.
The Financial Times reported that Iranian officials were hosting representatives from Saudi Arabia, Pakistan and Turkey following a visit by Qatari officials.
Brazilian equities came under additional pressure after Lula’s unexpected election win. The country’s stock market reportedly plunged 20%, while the iShares MSCI Brazil ETF fell 26% in premarket trading.
Bitcoin traded slightly above $80,000, while gold remained just over $4,000 an ounce. The Invesco QQQ Trust was largely unchanged before the market opened, with investors still assessing risks surrounding AI-focused investments.
The US Dollar Index remained just below 102, and the 10-year US Treasury yield hovered below 5%.
Investors are now looking ahead to earnings from Microsoft and Amazon, as well as interest-rate decisions from the Federal Reserve, the Bank of Japan and the European Central Bank. These events could influence sentiment across equities, bonds, commodities and cryptocurrencies in the coming days.
