Anthropic plans to start trading on Nasdaq next week, but investors doubt its $1.5 trillion value.

Nov 9, 2026, 10:58 PM ETNew sharesRead the original at Benzinga

Bad for LAZR

LAZR holds Anthropic shares at a 10.5% weighting, and some investors are pressing for a lower listing value. Anthropic's customer reach suggests room to grow, but the reported pressure is the clearest current concern.

LAZR · Tema Photonics & Optical ETF

AI read · Bad for LAZR

The AI's read

That pressure could lower what the fund's Anthropic shares are worth. Anthropic serves more than half of Fortune 500 companies, but its sales average less than 0.1% of their spending. That leaves room to grow, but does not erase the reported pressure for a lower listing value.

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