// COMPARE

Alphabet rose 0.33% to $390.13. Anthropic's Claude Opus 4.8 release plus the $1T pre-IPO valuation reinforced GOOGL's strategic investment thesis; Samsung HBM4E added an upstream positive.

Anthropic's valuation is a direct mark-to-market on GOOGL's stake. With the Cloud Anthropic partnership deepening, GOOGL captures both equity upside and the workload demand. Search-cannibalization fears recede this week.

Anthropic IPO timeline detail; any Gemini 3.0 release leak. Resistance $395 then $400. Support $385. Antitrust calendar still quiet.

Meta closed unchanged at $635.29 as Instagram/Facebook/WhatsApp subscription chatter went sideways. Anthropic $1T valuation headlines redirected AI-capex attention away from in-house Meta spend.

META is in a holding pattern — fundamentals are fine, but the marginal AI capex narrative is rotating to pure-plays (Anthropic, Micron) over hyperscalers. Subscription monetization story is too early to price.

Any concrete subscription pricing detail; Reality Labs Q2 read-through. $640 caps; support $625. PCE Friday matters less for META than for rate-sensitive peers.