WS #12177
June PPI fell 0.3% month-over-month, largest drop in 14 months; CPI also below expectations; Fed rate hike probability for July drops to ~11%. Anthropic is preparing for an IPO as early as October, with investment banks arranging investor meetings; valuation could exceed $1 trillion. SpaceX shares fell below $135 IPO price for the first time; Cathie Wood bought $16.6 million of SpaceX shares.
US Inflation Data Softens
June PPI fell 0.3% month-over-month, largest drop in 14 months; CPI also below expectations; Fed rate hike probability for July drops to ~11%.
Anthropic is preparing for an IPO as early as October, with investment banks arranging investor meetings; valuation could exceed $1 trillion.
SpaceX shares fell below $135 IPO price for the first time; Cathie Wood bought $16.6 million of SpaceX shares.