General Wire › 12 Oct 2026
Daily brief
General Wire — 12 October 2026
Investors are weighing how to price risk in Anthropic's planned IPO as OpenAI targets $70 billion in annualized revenue, while Airtel Money debuts tepidly and Guggenheim funds see $2.4 billion of outflows.
Business
Sourced from Bloomberg’s Markets Daily.
Starbucks recently worked with advisers on a takeover proposal for Chipotle, according to a report that lifted Chipotle’s shares. — Bloomberg
Finance
Sourced from Bloomberg’s Markets Daily.
Airtel Money made a tepid debut in London after completing what may be the exchange’s largest IPO in five years. — Bloomberg
Guggenheim Partners investors pulled $2.4 billion from its four largest mutual funds in September after reports of a US probe into CEO Mark Walter’s business dealings. — Bloomberg
Tech / AI
Sourced from Bloomberg’s Markets Daily.
OpenAI expects to reach or exceed $70 billion in annualized revenue by the end of 2026, according to people familiar with the matter. — Bloomberg
Investors weighing Anthropic’s planned IPO, targeted as soon as mid-November, are struggling to price the risk of AI systems going rogue. — Bloomberg
Headlines are summarised in our own words for comment and analysis, with attribution and a link to the original publisher. Indicative only — not investment or trading advice. For commodity and cross-asset risk coverage, see Risk Wire.