$132 billion of cash, and no convincing way to replenish it | Market Hang
Ejaaz Ahamadeen, host of In the Loop, read all 261 pages of Anthropic's S-1 and went in skeptical. Revenue went from about $41 million in 2023 to $16.3 billion in the first half, and the company is sitting on roughly $132 billion. His own caveat: there is no convincing way to replenish it. Yahoo Finance's Julie Hyman doubts the growth rate survives contact with enterprises that were only running pilots, and Shay Boloor, Chief Market Strategist at Futurum, calls it dead money for a year. Watch the full episode: [FULL EPISODE LINK] Market Hang is live weekdays 12:30-1:30pm ET on Yahoo Finance, h
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