The latest quarter, the $80 billion loss and the price at listing, recalculated from the IPO prospectus of the maker of Claude.
Insight· Background
Anthropic posts an operating profit, but loses $80 billion on paper.
Further reading.
Insight
Quarterly update Q3 2026: rates are back
After two moves by the ECB, the Federal Reserve raised rates too, for the first time since 2023, and oil cost well over 100 dollars again. What that meant for Protector I, Builder II and Visionary III, plus the midterms, box 3 and the outlook for the fourth quarter.
Insight
You are buying SpaceX. Whether you want to or not.
SpaceX is going public and will sit in your index fund within weeks, whether you want it or not. About the quiet rule change at the index providers and a valuation of 94 times revenue.
Insight
How does the core-satellite strategy work in practice?
The core-satellite strategy splits your portfolio into a stable core (70-80%) and flexible satellites (20-30%). That way you spread risk while still using market opportunities.
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