Microsoft Stocks Fall 2.5% Over $1bn Anthropic Investment Deal

RecentNews.uk

Microsoft shares dropped 2.5% to $532.44 following Anthropic's amended IPO filing.

The company is spending $1bn for 13.5m shares in Anthropic's $26bn strategic placement.

Anthropic revealed $900.9bn in total committed spending on computing infrastructure.

Financial models rate Microsoft as modestly undervalued, trading 11.5% below fair value targets.

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