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TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocks

Information technology stocks, including Tata Consultancy Services, Infosys, Wipro, HCLTech and Tech Mahindra, fell up to 3% on Tuesday amid reports that Anthropic, the maker of Claude, is preparing for an initial public offering that could value the company at around $1.5 trillion.Anthropic has filed for an IPO under the ticker ANT and is preparing to market its shares, though the number of shares on offer has yet to be determined. The listing would give public-market investors an opportunity …

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Economic TimesLean R·1h ago
TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocks
Information technology stocks, including Tata Consultancy Services, Infosys, Wipro, HCLTech and Tech Mahindra, fell up to 3% on Tuesday amid reports that Anthropic, the maker of Claude, is preparing for an initial public offering that could value the company at around $1.5 trillion.Anthropic has filed for an IPO under the ticker ANT and is preparing to market its shares, though the number of shares on offer has yet to be determined. The listing would give public-market investors an opportunity …
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TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocks

How 2 sources are covering this

TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocks

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