#AnthropicARRHits65B

BREAKING: Anthropic is on track to generate annualized revenue of more than $65 billion based on its current performance, up more than sevenfold from its pace at the end of last year, per Bloomberg.

U.S. stocks rose (SPX +0.2%, NDX +0.6%) as tech advanced after Anthropic’s 2Q revenue jumped 14-fold from the same period in 2025, reinforcing sustained AI spending. 10yr treasury yields and oil edged lower while Bitcoin, gold, and silver gained. September Fed hike odds fell to 30% amid last week’s weak retail sales data. Korean chipmakers and U.S. tech hardware rose pre-mkt on surging AI demand. S&P 2026 EPS estimates reached $362 (+30% YoY), implying a 21.6x forward P/E matching the 10-year yield for the first time since early 2024, and before that the 2000 internet bubble. I remain cautious on $TSLA due to declining forward earnings estimates, intensifying autonomous competition, and an elevated valuation.

#AIInfraEarningsWatch The market isn't questioning AI anymore. It's questioning the price it's willing to pay for it. Revenue keeps beating expectations, yet stocks keep selling off. That's usually what happens when expectations run faster than reality. Strong businesses can still produce disappointing stocks if valuations get ahead of fundamentals. Would you still be buying here?

Anthropic's annualized revenue hit $65 billion by the end of July, more than 7x its run rate at the end of 2025. Q2 revenue came in above $11.5 billion, up from $787 million in the same quarter last year and $4.73 billion in Q1 2026. The company is now posting positive adjusted operating income. For context, the run rate crossed $47 billion in May. OpenAI recently exceeded $40 billion. Anthropic has filed confidentially for an IPO with Morgan Stanley, Goldman Sachs, and JPMorgan. 14x year-over-year revenue growth with positive operating income. The AI compute buildout is not theoretical. It is generating real, accelerating revenue at a scale that would have been unthinkable 18 months ago.

Anthropic’s annualized revenue run rate reportedly reached $65 billion by the end of July, highlighting explosive growth in demand for its Claude AI products. The figure is roughly seven times higher than a year earlier. The new run rate is also significantly above the $47 billion Anthropic reportedly reached in May. Preliminary second-quarter revenue came in at about $11.5 billion, representing roughly 14-fold growth from the same period last year. Much of Anthropic’s expansion has been driven by enterprise customers using Claude for coding, research, automation and other business applications. The company has increasingly positioned itself as a premium provider focused heavily on corporate use cases. Anthropic’s reported $65 billion annualized revenue run rate also puts it ahead of OpenAI’s roughly $40 billion run rate. That gap suggests Anthropic may be gaining significant ground in the race to monetize generative AI. The growth comes as Anthropic moves closer to a potential IPO. The company confidentially submitted a draft S-1 registration statement to the SEC in June, giving it the option to go public depending on market conditions. Anthropic was valued at about $965 billion in its latest major funding round. Reports have suggested a future IPO could potentially command an even higher valuation if revenue growth continues. The company still faces regulatory and government-related challenges surrounding the use and export of its AI models. Those issues could become increasingly important as Anthropic expands globally. Looking further ahead, Anthropic reportedly expects revenue to reach between $190 billion and $200 billion by 2028, setting an extremely aggressive growth target ahead of a possible public-market debut.