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00:02Wedbush securities analyst Dan Ives told CNBC that Anthropik's latest round is
00:09just the tip of the sphere and said investors should now focus on data layer companies
00:14such as Snowflake, Datadog, and InnoData. Anthropik is approaching a $1 trillion valuation
00:20after securing $65 billion in funding, pushing its valuation to $965 billion.
00:27Ives is forecasting the Nasdaq will top 30,000 points by 2027 and called the current period
00:34historic for Wall Street, citing a wave of mega-IPOs expected in 2026, including SpaceX,
00:41Anthropik, and OpenAI. SpaceX filed regulatory documents Thursday for a June 12th IPO targeting
00:48a $1.75 trillion valuation. Other analysts compared the IPO wave to the late 1990s dot-com bubble,
00:56but Ives maintained that the market more closely resembles 1997 than 1999.
01:01For all things money, visit Benzinga.com.
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