Oppenheimer raises Microsoft (MSFT.O) PT to $625 from $570.

Anthropic has not yet disclosed a target IPO valuation or the number of shares to be issued; those details are expected in about two weeks and an updated prospectus will follow after investor feedback, people familiar with the matter said. The company plans to list in the week of Nov. 16, though timing could shift. Sources said the deal could raise around $100 billion or more, implying a potential valuation near $1.5–2.0 trillion.

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