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Financial Shares Rise on Anthropic IPO Optimism

Financial stocks climbed as investors weighed the prospect of an Anthropic initial public offering, while British insurer Aviva reaffirmed its full-year outlook on stronger premiums and wealth inflows.

Financial Shares Rise on Anthropic IPO Optimism

Anthropic Chief Executive Dario Amodei told JPMorgan Chief Executive Jamie Dimon that he hoped the IPO would “underpromise and overdeliver” for investors.

Aviva said higher insurance premiums and a 29% surge in net wealth inflows supported its full-year outlook.

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