● ANTHROPIC SWINGS TO PROFIT BEFORE IPO

Anthropic filed its S-1 with the SEC on October 26, proposing to list Class A shares on the Nasdaq Global Select Market under the ticker $ANT. The filing shows operating income swung from a $1.7 billion loss in the first quarter of 2026 to a $974 million profit in the second, as quarterly revenue more than doubled to $11.6 billion. It is the first profitable quarter the AI lab has disclosed, arriving just as bankers pitch the deal as one of the largest IPOs on record.