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Anthropic’s $100 Billion IPO Faces Valuation Doubts Amid AI Sell-Off and Data Center Risks
Anthropic is weighing an IPO that could raise up to $100 billion, but a cooling AI market is testing its lofty valuation. Rapid sales growth is offset by huge infrastructure commitments, losses and risks to data-center expansion.

Democrats’ Midterm Surge Weakens Trump—and Opens a New Window for Canada Trade Talks
Democrats scored sweeping midterm gains, flipping at least 40 House seats and seven Senate seats and raising fresh doubts about Trump’s sway. The result could open trade talks with Canada, even as looming auto tariffs threaten cross-border commerce.

Japan’s Price-Sensitive Shoppers Squeeze Businesses as Costs Surge
Japan’s businesses are struggling to raise prices as consumers, scarred by decades of deflation, cut back on dining and clothing. Even small increases have sparked backlash, while wage gains remain too weak to ease household pressure.

ANZ Profit Jumps 31%, but Shares Slide on Rising Loan Provisions and Weaker Capital
ANZ’s FY2026 cash profit jumped 31% to A$7.6 billion, but much of the gain reflected lower costs and a weak prior-year comparison. Shares fell as investors weighed rising loan-loss provisions, a softer capital ratio and squeezed margins.
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Pennsylvania Democrats swept key races, flipping four U.S. House and four state Senate seats and winning a state-government trifecta for the first time in 30 years. Republicans blamed voter distrust, Iran, tariffs and rising costs; Democrats now have a clearer path to pursue their agenda.
India is ChatGPT’s biggest market, but most users rely on free AI, making it hard for companies to recoup the rising costs of computing and energy. Price-sensitive customers remain unconvinced paid tools deliver enough value, with some AI coding projects costing more than human work.











