Around The IT World

Professional Tech News from 23+ Languages

🇭🇰 English, 27 October 2026, AI market

Anthropic's IPO filing lifts AI-related stocks in Asia

Asian stocks surged on Tuesday as Anthropic's IPO filing lifted risk appetite ahead of tech earnings and central bank meetings.

In Hong Kong, the tech index rose 28 points, or 0.74 percent, to 3,886, while in Tokyo, the Nikkei opened 379 points, or 0.61 percent, up at 62,569.

Anthropic disclosed a steep loss and red-hot revenue growth in its filing for a US initial public offering, as investors increasingly dissect the potential payoff from massive AI spending and its profitability.

More than a third of US S&P 500 companies are scheduled to report earnings this week, including hyperscalers Alphabet, Microsoft and Amazon.com.

Back to the latest news