The heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificial intelligence buildout that has fueled much of this year's stock market gains.
\n\nAnthropic revealed paperwork for its initial public offering on Monday, paving the way for a share sale reportedly worth $100 billion as early as next month.
\n\nMeta also unveiled a plan this week that could bring it as much as $97.5 billion through equity offerings over the coming months.
\n\nThe markets will also await signs of fundraising plans when Microsoft and Alphabet report earnings later on Wednesday.
\n\nAI stocks accounted for nearly 75% of the S&P 500 index's return in the first half of 2026, according to an analysis by Carson Group.
\n\n"The growth of the AI ecosystem over the last several years is quite astounding," said Ehren Stanhope, chief investment strategist at Franklin Templeton's Canvas. "The idea that such large firms can compound earnings at triple digits for multiple years seems to defy the laws of economics."
\n\nBut Wall Street's reaction in recent weeks suggests ambition is no longer enough to get investors to open their wallets.
\n\nMeta's shares have fallen more than…
Original source: https://www.cnbctv18.com/technology/
