Anthropic's $2T IPO Dominates Sunday Headlines

The Biggest Story: Anthropic Heads to Nasdaq

Anthropic is choosing the Nasdaq for what could be a $2 trillion IPO. Reports say the AI lab expects a second straight profitable quarter. That would be a landmark shift for a company long seen as a cash-burning research outfit. Key backers AMZN and MSFT hold large stakes. The listing would rank among the largest in US history and is drawing intense investor attention heading into the week.

Nvidia Insider Sells $411M

NVDA board member Mark Stevens filed $411 million in open-market share sales last week. The trades covered August 31 and September 2. No 10b5-1 pre-planned sale flag appeared in the filing. That makes it a higher-signal event than a routine disposal. Options data also shows heavy negative flow in NVDA this week. Both signals point the same direction.

Earnings Calendar Heats Up

Three key names report this week. LEN posts Q3 results Wednesday. Bears hold nearly 10% of its free float short. PGR releases August monthly figures Thursday. TCOM reports Tuesday — the first major test of summer Asian travel demand.

Short Side and Analyst Moves

Short sellers piled into LCID and CHWY, with both seeing short interest jump over 13 points in a week. Analysts upgraded APP and YUM this week. Canadian PM Carney is actively pitching global investors, a direct counter to US trade pressure that could benefit Canadian-listed names.