FTSE 100 ends day higher as Microsoft outage blamed on load, Anthropic files massive IPO
The index finished at 10,902.56, Microsoft cites infrastructure strain, and Anthropic seeks to raise up to $64.4 billion from its share sale
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London’s equity market finished the week on a modest gain, with the FTSE 100 ending the day at 10,902.56, up 39.47 points. The rise came despite a broader pull‑back in U.S. technology shares. The Standard reported the movement and noted that the index was 0.4% higher than the previous close.
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Investors in the capital saw mixed results across sectors. Technology‑focused trusts fell, while insurers and fintech firms posted gains. The Standard highlighted Aviva’s 3.4% jump after it reaffirmed its three‑year targets, and Wise’s 7.8% rise on stronger half‑year earnings. The overall market movement kept the FTSE 100 modestly in the green.
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Microsoft confirmed that the global disruption to Outlook and other 365 services stemmed from an unexpected surge in usage, not from any hostile intrusion. The company said it was observing “positive results” as recovery work continued. A spokesperson told The Standard that the elevated load on its infrastructure was the primary factor.
We have identified elevated load as the cause and are seeing positive results from recovery.
Microsoft spokesperson, The Standard
Anthropic files for record‑size IPO
AI laboratory Anthropic submitted a prospectus to sell 825 million shares at a price band of $70 to $78 per share. If the top of the range is achieved, the gross proceeds would total $64.4 billion. The filing also includes a $26 billion non‑voting placement involving several chip makers and cloud providers, pushing the combined offering toward $90 billion. The Standard noted that the size would eclipse previous listings, including SpaceX’s $85.7 billion debut.
The company has not set a final pricing date, but analysts expect a decision by early next week, with trading to begin the following day. Investors have shown strong interest, with Bloomberg reporting the offering is oversubscribed by roughly six times the amount on offer.
Questions this report answers
+What level did the FTSE 100 close at on Friday?
The FTSE 100 finished the session at 10,902.56, which represents a rise of 39.47 points or 0.4% from the previous close, according to The Standard’s market report.
+Why did Microsoft say the Outlook outage happened?
Microsoft told The Standard that the outage was caused by an unexpected surge in traffic on its infrastructure, describing it as elevated load, and explicitly ruled out any malicious activity as the source.
+How many shares is Anthropic planning to sell and at what price range?
Anthropic filed to issue 825 million shares priced between $70 and $78 each. The filing indicates that at the top of the range the gross proceeds could reach $64.4 billion.
+What could be the total proceeds if Anthropic’s full offering is successful?
Including a $26 billion non‑voting placement with several technology partners, the total amount raised could approach $90 billion, making it one of the largest public offerings ever recorded.
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