Market update
Oct 26, 2026 · 2 min · 6 segments
The latest market updates and news from RNZ's business team.
- Speakers
Gyles Beckford
- Show signals
- SuitabilitySafeBiasNot politicalAudience≈221k followers
Oct 26, 2026 · 2 min · 6 segments
The latest market updates and news from RNZ's business team.
Gyles Beckford
Brent crude's still way north of 110 a barrel, I think, so a busy start to the week.
Anthropic, not too many details about how many shares are going to be sold or what sort of price.
But we do have an insight into the way the business is going, which is that they've got strong revenue growth, but they've got pretty hefty losses as well.
The broad expectations for when it lists sometime later this year is it'll be worth around two trillion US dollars.
As I was saying to Ingrid before seven, that's about three and a half trillion New Zealand or about eight times the value of our economy.
Brent crude's still way north of 110 a barrel, I think, so a busy start to the week.
Anthropic, not too many details about how many shares are going to be sold or what sort of price.
But we do have an insight into the way the business is going, which is that they've got strong revenue growth, but they've got pretty hefty losses as well.
The broad expectations for when it lists sometime later this year is it'll be worth around two trillion US dollars.
As I was saying to Ingrid before seven, that's about three and a half trillion New Zealand or about eight times the value of our economy.
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