ANTHROPIC JUST COLLAPSED

Added: 2026-05-19

[00:00:00]Anthropic just shocked the market. It actually fell. Anthropic's preIPO valuation fell 500 billion. It fell 30% within a few hours. It looks like um this is crazy. They just came out with something that is scaring the market a lot. And it's not their it's not their like revenue numbers or profitability. It's something that they said you can't do if you own the shares. you can't get rid of them. We won't honor certain types of sales. And this is scaring, I think, the broader market, too. The NASDAQ's down about 1% here today. Um, we have Bitcoin facing the 200 day moving average. We have Amazon making big news um from AI usage to a new product that they're rolling out that I think is going to just make them even more important. Uh, and then we just got CPI as well, which was higher than expected. I had a crazy conversation yesterday too that's making me rethink the next few years and that this could really be the best time to make money before a very difficult time.

[00:01:08]So, we'll talk about all this. I'll probably talk more about it over on Open Wallets. We're about to record a podcast there right after I finish this video.

[00:01:16]If you haven't checked that out, it's our new podcast channel. Conor uh Connor Kenny, Tyler Hill and I talk about the markets, talk about what we're doing. We kind of open our wallets to you guys.

[00:01:25]So, if you want to check that out, there's a link to it underneath the video. Also, if you want to trade, if you want to capitalize on this moment, uh you can check out the link underneath the video to Bidfi. There's a link in the link tree. You can give up to $10,000 for trading on the platform.

[00:01:39]Every month we run this. And right now, we also have a deposit bonus up to $2,000. I believe uh the person that I work with at Bitfy just sent me a new promotion, too, which if he did, I'll include that down below. Now, Bitcoin right at the 200 day moving average.

[00:01:57]Let's actually pull this up instead. You can see we're we're down just under 80 thou uh $81,000. We got very close to the 200 day moving average within a couple hundred and we kind of got rejected the last couple times we got close to it. So, it would be very positive to see us break through obviously, but yeah, we could could see a little bit of resistance. Um, you can see back here in the bull market, we did get rejected. Oh, great. The bird that's been jumping at all of our windows is now jumping at my window. Um, so this is obviously a port. Uh, well, let's do this live. Let me just come over here.

[00:02:36]I don't know why it's defending itself, but uh from our windows, but um yeah, this has been um a key level in the past bare market. So, be on the lookout. We could see some resistance around this level. We also are seeing the broader market pull back a little bit. Part of this could be due to the CPI that came in. Part of it, I think, is due to what just happened with Anthropic. Anthropic and Chat GPT have been growth monsters where they're growing revenues 50 to 100% every single month. They're doing tens of billions of dollars now. And um look at what just happened with Anthropic. Almost $500 billion was erased from Anthropic's preIPO valuation. This is just today. Uh this this is after they released a statement that could make every secondary market investor piss their pants. So what exactly happened? Anthropic just published a support page that would terrify anyone. They say any sale or transfer of anthropic stock or any interest in anthropic stock that has not been approved by our board of directors is void and will not be recognized on our books and records. Void, not restricted, not pending review. Voided.

[00:03:46]That means that if you bought anthropic shares through Forge, Hive, or any other secondary platform without board approval, you are not a stockholder. You have no stockholder rights. Your transa your transaction is invalid. It gets worse. Anthropic says it does not permit specialurpose vehicles like spaxs to hold its stock. Any transfer to an SPV is void. Investment funds claiming to offer indirect exposure are most likely relying on mechanisms that attempt to circumvent our transfer restrictions.

[00:04:15]Moving forward, tokenized securities, synthetic exposure products, all of it is potentially worthless. Their advice to investors assume that it is invalid.

[00:04:25]So, right now, the valuation of Anthropic has been skyrocketing due to secondary markets. People, retail investors um like you and me seeing that there's a lot of demand for this and then they go buy it. Now, I don't know how much is from retail and how much is from institutions, but this scares the market and I think this kind of sends a signal that people want to get out as quickly as possible once they heard this because they don't know if they could, you know, if they didn't actually hold on to the shares in the first place, then you just kind of hold on to the risk without the upside, right? So, um, yeah, this caused Anthropic, the price of Anthropic to drop drastically. Now, why would Anthropic do this? Well, I don't think they actually laid it out, but I assume it's for security reasons because Anthropic is such an important company right now. I don't think a lot of people understand how important Anthropic, Chat, GPT, um, Gemini are right now. I don't think they know how smart these programs are getting. They are way past where people think. I'm not talking about normal people. I'm talking about even people that look at this every single day. I've heard some stuff recently that's just absolutely wild. Um, and I think it's more of a security concern that they don't want maybe foreign investors or they don't want people that they haven't directly approved to hold equity in the company. And this might not even be coming from Anthropic. might be coming from the government or something like I know that sounds maybe wild to some people but there are serious uh security concerns with AI right now. So, I'm not surprised to see this, but it is interesting. Right after I had a very lengthy conversation on some of the benefits and downsides, like the potential of AI over the next couple years, and of course, a lot of us have heard it, right? Massive unemployment, that kind of thing, a civil unrest.

[00:06:22]But I think it's coming faster than some people think. And that's not me being a doomer cuz I think there there's going to be massive growth as well. But um yeah, I I'd be I'd be very careful over the next three years and I'd make sure you kind of cover your bases. Um and prepare for what's coming. That's all I'll say. Now, the market, I think, is scared due to this anthropic drop. Like even if it was for a stupid reason, if one of the largest uh companies, private companies in the world, all of a sudden their value drops by 30% overnight, like that makes people naturally take notice and maybe cut back a little bit and like try to figure out the situation, what this means or the ramifications of this.

[00:07:05]Um, so I think there's a natural pullback because of that. But then also, we just got CPI. April CPI came in at 3.8%, the highest since May of 2023.

[00:07:15]core CPI came in at 2.8. Both of these were above expectations by.1%.

[00:07:21]Um, this makes sense with oil prices so high. I mean, gasoline is at $5 a gallon where I'm at. I'm sure it's at, you know, seven or eight or nine over in California, um, and more remote places as well. So, yeah, I I'm not surprised to see this, but hopefully this also drops after the Iran war is done. I guess we'll see, though. Um, one of the major companies that I've been buying over the last year, especially, I guess adding even quicker and quicker over the last six or seven weeks, was Amazon. Amazon just announced 30 minute delivery. Amazon now is a new ultraast delivery service. Bring thousands of items like fresh groceries, household essentials, last minute necessities, and more to your door in 30 minutes or less. It's available today in dozens of US cities including Atlanta, Dallas, Fort Worth, Philadelphia, and Seattle with plans to expand to tens of millions of customers this year. To deliver in minutes, Amazon now uses a network of smaller fulfillment locations strategically placed close to where customers work, live, and reducing delivery distance. That is crazy. I mean, just think about even like I don't know if I could deliver food in 30 minutes from my local store. even if I was there like that. That's insane. Um, yeah, I guess that's just really impressive. They think about the automation that has to be done for this. I'm guessing they're using a lot of robotics for this.

[00:08:52]I feel like you almost have to cuz literally if I was at a grocery store, if I was at Walmart and an order came through, my wife sent me an order. I'd have a fairly like that's a very strict timeline to go get everything and get, you know, 5 10 minutes home in 30 minutes. So, I wonder how much of that is going to be like we have everything in boxes and you have a hand that just comes down, grabs it, puts in another hand, puts in the thing and eventually it will be all of that. I think I think we will see that more and more. But that's just crazy. I mean, Amazon continues just to destroy competition between that and the the ship um shipping and freight announcement earlier this week um or last week where they said that they were going to basically offer their their network to anyone that wants it, even if they don't sell on Amazon.

[00:09:48]They're going to be crushing even more companies. And of course, Amazon's crushed a lot of companies as time has gone on. But this is going after the big boys. This is going after all the big grocery stores in the world. Um, this is going after, you know, all the major parcel companies. Amazon continues to dominate.

[00:10:08]Apparently, Amazon employees are token maxing AI usage. Financial Times reports Amazon set weekly AI usage targets for more than 80% of developers and track tokens token consumption on internal leaderboards. Now, some employees are reportly are reportedly using Meshclaw to automate unnecessary tasks just to increase their token stats. Meshclaw can triage emails, interact with Slack, and initiate code developments. Amazon says the stats are not used in performance evaluations. Employees told Financial Times that they believe managers are watching the data. The company uh recently limited access to usage stats, so only employees and managers can view them. Some employees also raise sec concerns um because Meshclaw can act on the user's behalf across workplace software.

[00:11:01]Yeah. So there are companies that are saying you need to use more AI because it is more efficient than you are and we want you to be spending more money on AI. Some of the stuff that I've heard, which I feel like I can't go into um right now, but some of the stuff that I've heard over the last day is wild.

[00:11:20]what AI can do, where it's already at, how quickly things are changing, how the wealthy are looking at AI. Um, there's going to be a lot of abundance. It's going to help a lot of people, but I think there could be a rough time for people and and think about it, right?

[00:11:38]Just like real broad, obviously, people know that AI is going to take over a lot of jobs. It's going to take over um, you know, it's already better than a lot of people at their jobs. And there's the theory that like people are going to use AI and it's going to be a tool kind of like the internet, right? It didn't replace a lot of people. It actually gave a lot of jobs. And that, you know, that can be possible on one hand, but also if one person can do two or three people's work and we we get to that point. Um there going to be a lot of people that just don't have jobs anymore. Even if they find some other job, like there's going to be some transitionary period.

[00:12:13]And eventually if we just figure out AI is better than a lot of people um at a lot of jobs and unemployment raises the exponential or the the crisis of what do we do with time? Like what is the point if we're not on this hamster wheel, which is kind of the whole point of early retirement is to get to the point where you don't have to be on the hamster wheel. But some people just do better on the hamster wheel. like mentally it's there's less questions uh that they have to pose to themselves and there's less time to go down deep dark rabbit holes. Um it's going to be an interesting time, right? It's going to be an interesting time when a lot of people realize I don't have to work.

[00:12:54]What do I do with my life? So yeah, I don't know. I have to spend more time with it. I have to think about it more.

[00:13:00]I have to think about more how I want to approach the next few years because there's going to be massive booms in companies. I mean, we're already seeing that with Chad GPT and Anthropic. I mean, these are the quickest trillion dollar companies uh in terms of valuations we've ever seen. And it doesn't seem like the usage is going down for these companies. Like, it's only going more exponential. Every single company in the world should be looking at using AI right now. Um, so I don't know. What are your thoughts? If you could put them down below in the comments, I'd be interested in reading them. Um, I might not be able to respond to everyone, but I will be reading through the comments. Thank you so much for watching. A little bit of a different video, but I wanted to kind of give you a peak behind the curtain a little bit. Um, but let me know your thoughts. Again, I'm not trying to be too doomery or anything like that. I think we're going to be able to make a lot of money over the coming years and then it's going to get interesting. So, let me know your thoughts. Thank you so much. If you do want to trade crypto, there are links underneath the video.

[00:13:58]Check out Open Wallets as well. I'll see you all in the next video. Bye. Just a reminder, this is not financial advice.

[00:14:05]This is not legal advice. Do your own research. I'm never going to reach out to you either in the comment section or through any other means to try to get you to invest in something that I'm investing in or to send me crypto. Some links underneath the video are affiliate links. I may earn a commission, but this is at no extra cost to you.