Anthropic · Claude · Mythos · Wall Street · CNBC Technology
Investor Joe Terranova says one public stock is a back door way to play the booming fortunes of private Anthropic
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Investors itching to jump on Anthropic, if and when it goes public, should in the meantime scoop up shares of Zoom Communications, Virtus Investment Partners chief market strategist Joe Terranova told CNBC's "Halftime Report" on Monday.
Key facts
- The video call company, which partnered with the maker of the AI assistant Claude in 2023, has a stake in the startup that is likely worth between $2 billion and $4 billion, according to some analysts
- Of 31 analysts covering Zoom on Wall Street, 16 have a buy or strong buy on shares
- Investors itching to jump on Anthropic, if and when it goes public, should in the meantime scoop up shares of Zoom Communications, Virtus Investment Partners chief market strategist Joe Terranova
- ZM 1Y mountain Zoom shares over the past 12 months Earlier this month, Anthropic launched Claude Mythos to a limited group of users, an offering that could disrupt traditional software companies
Summary
The video call company, which partnered with the maker of the AI assistant Claude in 2023, has a stake in the startup that is likely worth between $2 billion and $4 billion, according to some analysts. ZM 1Y mountain Zoom shares over the past 12 months Earlier this month, Anthropic launched Claude Mythos to a limited group of users, an offering that could disrupt traditional software companies. Of 31 analysts covering Zoom on Wall Street, 16 have a buy or strong buy on shares.