NeilMirch

Founder, Investor, Advisor and Options Trader

[unusual_whales @unusual_whales]

Each Anthropic employee brings in more than $6.6 million a year, over double what Apple gets per worker.

Among Big Tech, only Nvidia earns more per person, after Anthropic’s revenue grew 13x in a year.

[Kalshi @Kalshi]

JUST IN: Anthropic IPO is projected to make about 4,250 employees millionaires

[Forbes @Forbes]

Anthropic Targets $1.4 Trillion Valuation In Highly Anticipated IPO
https://t.co/WLKrIxRaSa

[Polymarket @Polymarket]

JUST IN: Anthropic signs $3.4 billion deal to power AI data centers with natural gas generators, bypassing traditional electricity grids.

[unusual_whales @unusual_whales]

JUST IN: Anthropic is expected to begin its IPO roadshow the week of November 9, according to CNBC, which is the earliest window available to it.

SEC rules require at least 15 calendar days between a public filing and the start of investor meetings, and the company filed its public S-1 on October 26.

It plans to list Class A shares on the Nasdaq Global Select Market under the ticker ANT, with 22 underwriters led by Goldman Sachs and Morgan Stanley.

[NeilMirch @NeilMirch]

$AMZN double miss nice dip on $SPY

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Microsoft, $MSFT, is offering buyouts to 60,000 workers as part of the company’s efforts to cut costs amid AI adoption, per Bloomberg.

Personnel on select teams in the US, Canada, India, and the UK at a vice president level and below will be eligible.

This reflects ~27% of Microsoft's total workforce.

[Watcher.Guru @WatcherGuru]

JUST IN: Claude AI developer Anthropic officially files for IPO under ticker $ANT.

[NeilMirch @NeilMirch]

@cultured @sequoia @Shopify @jakepaul Congrats @czoob3 !

[NeilMirch @NeilMirch]

@KobeissiLetter I don't think anything can take down this market it's full steam ahead

[The Kobeissi Letter @KobeissiLetter]

Unbelievable.

3 hours later and the 10Y Note Yield is now above 5.20% for the first time in 19 years.

The 10Y Note Yield is now up +50 basis points in 30 days and +30 basis points in 2 days.

Even more remarkable is that the average American has no idea this is happening. Yet.

The bond market is imploding in front of our eyes.

[Kris Van Cleave @krisvancleave]

NJ Transit says ~945a a construction crew working on the Delco Lead project between New Brunswick & North Brunswick accidentally severed a fiber-optic cable while working at the site...
Preliminary information indicates the crew was operating ~10 feet from the utility markings.

[Secretary Sean Duffy @SecDuffy]

UPDATE: An Amtrak construction crew accidentally cut into a fiber line in New Jersey which caused a telecom outage and forced FAA to pause flights in the Northeast.

Right now:
- Flights are resuming at LGA and PHL
- Flights into EWR, JFK, and Teterboro Airport are paused

This incident underscores the need for additional funding to modernize aging infrastructure and prevent disruptions like this in the future.

Follow @FAANews for updates.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The Bank of Japan raises interest rates by 25 basis points to the highest level since 1995 due to elevated inflation.

After the rate hike in June, this marked the shortest interval between rate increases in Japan since 1990.

The global rate hike cycle has arrived.

[The Hormuz Letter @HormuzLetter]

BREAKING: United Airlines will cancel some December flights because of fuel costs, with CFO Mike Leskinen saying there will be flights in December "that we won't fly that we thought we were going to fly," and that if fuel stays high the airline will make cuts even into the first quarter "and beyond into 2027."

US jet fuel surged to $4.63 a gallon, up +105% since the war began, and US airline fares were up 23% year over year in August with most of the recent rise not yet in the data.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The Federal Reserve officially hikes interest rates by 25 basis points, marking its first rate hike since July 2023.

This ends the longest Fed interest rate pause since 2008.

[NeilMirch @NeilMirch]

@pxtvr Happy birthday Peter

[OpenAI @OpenAI]

This is GPT-6 Astra.

Anything you can do on a computer, Astra can do for you. Fast.

[Zuhayeer Musa @zuhayeer]

Every $10k of @AnthropicAI equity from May 2023 would be worth ~$1M with a $2T IPO, which could be as soon as October.

As a follow up to my post on the $1M grant at the Series C that's worth $51M today (51x in about 3 years).

Modeling an additional 10% dilution between now and the IPO date, that employee's $1m grant would become a whopping ~$96M (assuming $2T)

The S-1 is already filed, but we'll see if $2T holds. Some reports cite $1.5T.

Unprecedented, and good luck to Bay Area home-buyers.

[Exec Sum @exec_sum]

BREAKING: NBA star Kevin Durant turned $250,000 into more than $60M on Hugging Face

Durant and longtime business partner Rich Kleiman backed the AI company early, writing a reported $100,000 check in the seed round and another $150,000 in the Series A. Nvidia's $12.9B acquisition delivered the payday

The position ranks among the most lucrative investments any athlete has ever made, and it beats what Durant will earn on the court this season