Bank profits depend on Anthropic IPO; the dividends of SpaceX are fading.
2026-10-12 09:26:18
CoinMeta data: According to BeInCrypto, major U.S. banks will release their third-quarter financial reports this week. Analyst Herman Chan stated that the initial public offerings (IPOs) expected by Anthropic are expected to help these banks perform well in the fourth quarter. Chan pointed out that the delays in IPO and the market rebound driven by AI have made the market more fragile than what the record high indices suggest. Banks such as Goldman Sachs, JPMorgan, Citigroup, and Wells Fargo will also release their financial reports. As a major underwriter for the SpaceX listing, the report shows that its equity underwriting revenue in the second quarter was $851 million, an increase from $500 million in the same period last year. Chan expects wealth management to continue to be strong, while investment banking and trading businesses may face volatility. Data from the London Stock Exchange Group (LSEG) shows that global investment banking fees decreased by 19% compared to the second quarter. Chan believes that if there are issues with the listings of Anthropic, Goldman Sachs and Morgan Stanley will benefit from these listings.
Source:BeInCrypto
This content is for market information only and does not constitute investment advice.
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