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birb_cromble  2hr ago (text post)   24 thread views

Qeekly Finance Thread - 2026-09-19

A weekly thread to discuss financial matters - from personal all the way up to global.

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It's been a lively week in finance news, so I'm going to do a little bit of a round up here.

Anthropic Delays its IPO to November, per the Wall Street Journal.

Does anyone know the cutoff date where Anthropic can no longer use Q2 financial data? I vaguely remember mid November for that date.

On a lighter note, Hunter Biden established a meme coin. Some early investors are calling it a rug pull.

How do meme coins even work? Every time I see them, I think it's just a casino. Am I right, or is there some intrinsic value I'm missing?

Saudi Aramco halts crude oil supply to European Customers

This seems... bad. I don't want to catastrophize or wax political, but various commenters here have noted that oil is a mostly-fungible global commodity. If the European market isn't able to get their crude from the Saudis, they're going to try to get it from somewhere, and that's going to take that oil off the market. How is that going to impact consumer markets? My heating oil bill has already quadrupled.

Anthropic Delays its IPO to November, per the Wall Street Journal.

In other IPO news of far less interest and significance to anyone except myself (and anyone else who loves nuclear power), Holtec has postponed their IPO. TL:DR, the turn against data centers made them (or their investors) a bit worried. In contrast, leaks say that Westinghouse is targeting $50 billion as their IPO's valuation, up significantly from previous target estimates of below or approaching $30b. (Ignore the finance.yahoo link; it's basically a non-paywalled version of the Bloomberg article that broke the story.) There's also some drama about Korea wanting stock and/or voting rights over Westinghouse (which is currently owned by two Canadian companies), but oddly, basically every article on that seems to be only coming from Korean sources & papers, and hasn't been picked up by any of the other major press articles except a mention or two by Reuters, so I'm inclined to be skeptical of that as actually a legitimate news story until it gets more traction.

How are you getting that Korean news? Is it English translations or do you speak the language?

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