Siebert's CIO: Buy Micron Now, but Don't Hold It Forever
Siebert CIO Mark Malek calls Micron a buy for now, not a forever hold, as shares rose 4.06%; the chart setup targets $1,500.
Anthropic CEO Dario Amodei faces political opposition from Trump allies over his AI safety stance, complicating the company's planned IPO.
Regulation may no longer be Anthropic's most significant challenge.
As its CEO draws growing political scrutiny in Washington, the firm is gearing up for a tech IPO that is among the most anticipated in years.
A memo described by Axios portrays Amodei and his associates as a tiny faction promoting a radical perspective on AI dangers, per the report. An administration official stated that Amodei's stance directly conflicts with Trump's AI plans.
Speaking at a UN Security Council briefing on September 23, Amodei warned that advanced AI might represent "a risk to humanity as a whole". Additionally, he indicated that Anthropic would consider decelerating progress.
According to reports, White House science adviser Michael Kratsios used the same forum to denounce global AI oversight as a "globalist scheme."
This confrontation now accompanies Anthropic as it approaches its public offering. President Trump had previously taken aim at Amodei on Truth Social following the CEO's plea for slower frontier AI advancement.
For those investing, the issue grows more pressing: what level of political risk is tied to Anthropic's emphasis on safety?
Anthropic has consistently dismissed the notion that effective altruism characterizes the organization. President Daniela Amodei stated she does not embrace that description, and Dario Amodei has refuted any official connections to the movement.
The firm is said to have moved its IPO timetable from October to November, with a valuation approaching $2 trillion being considered. Some investors view the political dispute as an additional risk factor for the IPO.
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
Siebert CIO Mark Malek calls Micron a buy for now, not a forever hold, as shares rose 4.06%; the chart setup targets $1,500.
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