To The Moon

A remarkably small group of stocks did most of the heavy lifting for U.S. equities in August. In the Nasdaq-100, the top five contributors accounted for 86% of the index’s 3.47% gain, led by Palantir Technologies $Palantir Technologies Inc.(PLTR)$ , Micron Technology $美光科技(MU)$ , NVIDIA, Tesla $特斯拉(TSLA)$ and Apple. The S&P 500 told a similar story. Its five biggest contributors generated 84% of the index’s 2.00% gain, with NVIDIA, Apple, Palantir, Micron and Microsoft at the top. Headline index strength can sometimes hide how narrow the underlying participation really is. It also cuts both ways: Amazon, Alphabet Inc., Broadcom and Applied Materials were among

Claude Now Leads 26% of the Work Building Anthropic’s Next AI Models Anthropic says Claude is taking a growing role in developing the models that will succeed it. As of August, Claude “leads” 26% of Anthropic’s model R&D work, up from virtually none earlier this year. Under the framework used by Anthropic, “leads” means Claude can complete most of a task end-to-end from a high-level prompt, with a human still supervising. More than 90% of R&D work is now at least AI-collaborative. That’s an important distinction: Anthropic says Claude is not yet fully autonomous in any measured area of its R&D. But the direction of travel is striking. The company developed the new R&D Automation Index to track how much AI is contributing to building future AI, and potentially how close

Anthropic generates at least $13 million in revenue per employee. 🤯 That puts it ahead of OpenAI, NVIDIA $英偉達(NVDA)$ and some of the world’s largest technology companies. The reason? AI revenue can scale with compute, without requiring headcount to grow at the same pace. $美光科技(MU)$ $閃迪(SNDK)$

Anthropic is pulling ahead in the AI revenue race. 🤖 Its annualised revenue run-rate reached $74.3 billion in August, driven by rapid enterprise adoption of Claude Code. By the end of 2026, estimates place Anthropic at $100–120 billion, ahead of both OpenAI and SpaceX. Can it maintain its lead as the race for AGI intensifies? $英偉達(NVDA)$ $亞馬遜(AMZN)$ $蘋果(AAPL)$

$英偉達(NVDA)$The AI chip race is becoming increasingly one-sided. NVIDIA overtook Intel in quarterly revenue in 2023. By 2031, consensus estimates suggest it could generate around $223 billion per quarter, compared with $40 billion for AMD and $32 billion for Intel. Data centres are expected to account for more than 90% of NVIDIA’s revenue, lifting its share of the three companies’ combined sales to 76%. Can AMD $美國超微公司(AMD)$ and Intel $英特爾(INTC)$ narrow the gap, or will NVIDIA’s AI advantage keep growing?

$蘋果(AAPL)$The iPhone defined Apple’s last two decades. What will define the next one? 📱 Apple’s annual revenue is projected to reach $557 billion by FY2028, with Services emerging as its powerful second engine. Yet the iPhone is still expected to generate more than half of the total. Can Apple’s next wave of products reduce its reliance on the iPhone?

Anthropic’s growth is entering territory rarely seen in enterprise software. The company’s annualized run-rate revenue reportedly surged from around $9 billion at the end of 2025 to more than $65 billion by July 2026, an increase of over 620% in just seven months. Much of that momentum has been driven by enterprise adoption of Claude and the rapid expansion of Claude Code. In February, Anthropic said more than 500 customers were spending over $1 million annually. By April, that figure had already doubled to more than 1,000. The growth has transformed Anthropic’s valuation too. After being valued at $380 billion in February, the company raised $65 billion at a reported $965 billion valuation in May and later filed confidentially for a US IPO. Run-rate revenue annualises the latest sales

$閃迪(SNDK)$Sandisk surged 12% after news of its inclusion in the S&P 100. 📈 The move reflects growing investor interest in memory and data-storage companies as AI infrastructure continues to drive demand across the sector. Could S&P 100 inclusion bring further momentum for SanDisk?

$蘋果(AAPL)$The iPhone defined Apple’s last two decades. What will define the next one? 📱 Apple’s annual revenue is projected to reach $557 billion by FY2028, with Services emerging as its powerful second engine. Yet the iPhone is still expected to generate more than half of the total. Can Apple’s next wave of products reduce its reliance on the iPhone?

From $461 million to a potential $2 trillion valuation in just five years. Anthropic’s rise has been fuelled by increasingly larger funding rounds and backing from some of the biggest names in tech and finance, including Amazon $亞馬遜(AMZN)$ , Google $谷歌(GOOG)$ , NVIDIA $英偉達(NVDA)$ and BlackRock. Following a reported $965 billion Series H valuation, investors are now eyeing a potential October IPO at as much as $2 trillion. Could it become the most valuable company ever to make its public-market debut?