Market
Close on November 11: U.S. stocks closed lower, with NVIDIA falling more than 5%. Federal Reserve Governor Waller stated that a 50-basis-point interest rate hike might be necessary in December.
Commodity Overview: Brent crude oil tumbled below $90, gold and copper both fell as bets on the Fed's interest rate hike intensified.
Macro
Rubio said that the first day of the Russia-Ukraine peace talks mediated by the United States was "fruitful" and called for greater European involvement.
Report from the headquarters | After a nine-month hiatus, Russia, the United States, and Ukraine resume face-to-face consultations; the first day's schedule has concluded.
Company
CoreWeave reported revenue of $3.66 billion in the third quarter, exceeding expectations, and raised its annual revenue forecast, alleviating concerns from the outside world about a slowdown in business.
Anthropic plans to raise up to $90.4 billion through IPO and private placements, with the potential to exceed the record set by SpaceX.
Anthropic enters the artificial intelligence office software market, and the competition with Microsoft and Google is intensifying for IPO.
Anthropic Seven co-founders plan to cash out $1.75 billion from this significant IPO.
Citi Bank profited from its bet on the Federal Reserve's interest rate hike in December, believing that the threshold for a 50-basis-point increase remains high.
Point72 sues a fired quantitative analyst, accusing him of using AI to steal code.
Hims and Hers release third-quarter financial reports; performance guidance falls short of expectations, leading to a 15% drop in stock price.
Comment
Fed officials signal an acceleration in interest rate hikes; Governor Waller suggests a 50-basis-point increase in December may be necessary.
Federal Reserve Board member Bowman warns that returns on AI investments falling short of expectations could lead to a significant correction in market valuations.
A major reversal in the U.S. bond market: Expectations of interest rate hikes and CPI have spurred yields to record their largest increase since the tariff crisis.
U.S. Bond Market: Treasury Bonds Plunge, Hawkish Remarks by Fed Officials and CPI Higher than Expected Boost Interest Rate Hedges.
Goldman Sachs analysts predict that Anthropic's revenue will reach $685 billion by 2030.
