Cramer Says Anthropic's IPO Makes This Wall Street Bank a Buy

CNBC host Jim Cramer says he would buy Goldman Sachs shares after Anthropic filed its initial public offering (IPO) prospectus on Monday, a deal that earns the bank fees as a lead underwriter. Goldman’s windfall rides on a growing supply of artificial intelligence (AI) equity. Alphabet sold $85 billion of stock in June, and a CNBC recap says Meta Platforms plans a $95 billion sale. Who Earns the Fees on the Anthropic IPO? In an IPO, underwriters buy shares from the issuer and resell them to investors, keeping a fee on the proceeds. Goldman Sachs and Morgan Stanley lead the offering, the same pairing behind SpaceX’s listing. The recap says Anthropic will trade under the ticker ANT.

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