Stocks

Meta (META) fell 4.79% to $715.62 on September 28, 2026, as renewed concern about AI spending returns and higher long-end Treasury yields weighed on the AI-heavy growth trade. This draft examines the session's drivers, the risk case, and the technical levels traders may watch next.

Arm Holdings (ARM) stock fell 8.70% to $283.33 on September 28, 2026, as AI-safety concerns and rising Treasury yields weighed on chip-sector risk appetite. This draft examines the daily move, the competing risks, and the technical levels that frame the next session.

AMC Entertainment (AMC) rose 11.90% to close at $3.29 on September 28, 2026, as investors focused on its newly priced first-lien refinancing. This draft examines the daily outlook, dilution risk and technical levels traders are watching.

Credo Technology Group Holding (CRDO) fell 8.67% to $192.67 on September 28, 2026, as investors focused on a broad optical-networking selloff with recent insider-sale disclosures in the background. This draft reviews the session’s drivers, risk markers and technical levels.

Coherent (COHR) fell 4.52% to $282.45 on September 28, 2026, as investors focused on a broad optics-sector unwind that overwhelmed a favorable demand forecast. This draft reviews the session’s drivers, risk markers and technical levels.

Qualcomm (QCOM) fell 7.17% to $187.48 on September 28, 2026, as investors focused on a broad semiconductor selloff tied to inflation and rate concerns. This draft reviews the session’s drivers, risk markers and technical levels.

Bloom Energy (BE) fell 8.95% to $262.87 on September 28, 2026, as investors focused on reported Project Jupiter delay risk and a pending securities-case deadline. This draft reviews the session’s drivers, risk markers and technical levels.

Anthropic has drafted IPO paperwork that would leave its seven cofounders with 50.1% of the company’s voting power after listing through a newly created entity called the Founder LLC, giving them outsized control over major decisions. The filing also details 2025 pay of nearly $18m for CEO Dario Amodei and $16.4m for president and board chair Daniela Amodei. All seven cofounders have pledged 80% of their Anthropic stakes to charity. Reuters reviewed the draft filing.

Leaked IPO documents show Anthropic’s revenue surged to nearly $4.6 billion in 2025, while losses expanded 425% to $42 billion. More than $7.33 billion of operating expenses went to compute and infrastructure. The filing also lists roughly $518 billion in future cloud, computing and infrastructure commitments. The figures have intensified investor doubts about the company’s path to profitability.

Anthropic said in its IPO prospectus that it posted a $42 billion net loss in 2025, including about $34 billion tied to accounting charges related to convertible financing. Revenue rose 12-fold to nearly $4.6 billion, while operating losses excluding liability writedowns widened to $8.06 billion. The company said it plans to invest as much as $518 billion in cloud computing and infrastructure over the coming years and is targeting an IPO valuation of more than $2 trillion.