Weekly Recap: Nov 2–9
Weekly Recap: Nov 2–9 A wild week for tech. Anthropic revealed $17B in quarterly revenue ahead of its IPO, OpenAI closed $11B at a $1.25T valuation, and AMD posted a record quarter. Then the AI trade cracked: the Nasdaq fell 5.5% on November 5, and the chip index lost 12%. Also this week: Nvidia’s board opened a probe into Jensen Huang, Tesla announced the end of the Cybertruck, Samsung brought USDC to 82M Galaxy phones, and Kalshi launched US-regulated stock perps. 🔗 Sources: SEC filings, Bloomberg, TechCrunch, Electrek, The Block Top 7 Perks | Variational Points +12% | Nado Private Invit…
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