Key takeaways
- AI stocks fell for the second day in a row on Friday as investors continue to assess the fallout from Jensen Huang's sudden resignation as CEO of Nvidia.
- More than any other business leader, Huang was at the center of the AI boom, a ubiquitous advocate for the revolutionary technology and a visionary strategist.
- The Claude parent reported run rate revenue of $81 billion for October, meaning it would trade at approximately 17 times sales, which puts it on par with software stocks like Snowflake and Datadog.
Investor sentiment on AI stocks has soured over the last month. Anthropic is set to go public next Thursday and should take some attention away from the Jensen Huang drama.
See the latest quote, chart and news for ANT.
