On November 5, all three major U.S. stock indices plunged, with AI, semiconductor, and data center-related stocks hit by a wave of concentrated selling—a phenomenon dubbed the "blue wave." The next day, tech stocks rebounded, with the Nasdaq rising 1.09% and the Philadelphia Semiconductor Index recovering about 4.2%, though the Nasdaq still ended the week down roughly 3.4%. Unlisted Anthropic finds itself at the center of the AI storm and, despite having no real-time stock price, is likewise facing intense scrutiny.