AI Rally Sets Emerging Stocks Up for Best Streak Since September
- Bloomberg's Brody Ford: CoreWeave eased financing fears via customer prepayments and vendor financing, likely from Nvidia
- Even after the jump, CoreWeave remains down more than 66% from its highs
- Anthropic's IPO is already multiple times oversubscribed, with bankers weighing a $1.5 trillion valuation
- J&J backed psychedelic-inspired biotech Delics with a $100 million oversubscribed round
The relief rally in CoreWeave rests on creative funding: prepayments and vendor financing bought time, and the stock is still more than 66% below its highs. Anthropic's oversubscribed IPO book at a $1.5 trillion valuation is the next read on how much AI spending the market will underwrite.