Anthropic Chooses Nasdaq for IPO, Valuation Could Exceed $2 Trillion

Anthropic's selection of Nasdaq for its IPO and its potential valuation exceeding $2 trillion is positive news for the tech-heavy NDX index. Such a large-scale IPO could bring new demand and liquidity to the index. However, the short-term impact of the news may be limited, as the IPO has not yet occurred and market pricing is uncertain. Technical indicators are mixed: RSI is neutral, MACD is negative, and the price is slightly above the SMA20 but below the SMA50. Therefore, I maintain a bullish but cautious stance.

Anthropic's choice of Nasdaq and its potential valuation exceeding $2 trillion is a positive news flow for tech-heavy QQQ. Although the news does not directly affect QQQ components, it can be perceived as a strong demand signal for the AI and technology sector. Technical indicators are mixed: RSI neutral around 50, MACD below the signal line but near zero in negative territory, price slightly above SMA20 and very close to SMA50. After the 0.69% decline in the last 24 hours, the news may create a short-term recovery, but the impact may be limited. Therefore, although the direction is upward, confidence is moderate.

Anthropic's choice of Nasdaq means prestige and a potential increase in trading volume for the Nasdaq exchange; this is positive news for NDAQ stock. However, the stock has fallen 4.5% in the last 24 hours and with an RSI of 23 is in oversold territory, while MACD is producing a negative signal. In the short term, there may be a relief rally, but the overall trend is weak. The impact of the news may be limited because there is selling pressure across the market. I expect a slight upward movement for 1-3 days, but additional confirmation is needed for a lasting reversal.