Anthropic's planned IPO has reignited interest in the sector (SEBASTIEN BOZON) Tech firms rose Tuesday for a second day as AI titan Anthropic's IPO filing revived optimism over the sector. But gains were tempered as traders awaited key earnings reports and central bank meetings. In New York, the tech-heavy Nasdaq led the way, up more than 0.5 percent in early morning trading. The wider S&P 500 was also higher, but not by as much, while the Dow was little changed. In a share-launch filing Monday, Anthropic, the mother company for AI product Claude, reported first-half revenue surged about 1,300 percent year-on-year, but also flagged heavy capital spending ahead.
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