Negative sentiment is dominating Wall Street indices at the start of Friday’s session, and prospects for a near-term rebound remain uncertain, as the weekend could bring further escalation in the conflict between Iran, the U.S., and Israel. The Nasdaq 100 futures contract (US100) is down more than 1.5%. U.S. 10-year Treasury yields are rising by nearly 4 basis points, moving above 4.45%, while the dollar index futures contract is strengthening above 99.8, gaining against a basket of foreign currencies.
- Investors are concerned not only about the impact of elevated oil and gas prices on economic activity and Federal Reserve policy, but also about the scale of capital expenditure on AI infrastructure, which had driven semiconductor stocks through Q4 2025.
- If a slowdown materializes, companies that have invested heavily in new technologies may come under pressure—something already visible in stocks such as Microsoft and other software sector names.
- Additional risk stems from reports by Fortune that a new Anthropic model, Claude “Mythos,” was leaked ahead of its official release. Details of the model were reportedly found in a draft blog post stored in an unsecured, publicly accessible data file.
- The AI startup attributed the leak to human error in configuring its content management system. The leaked draft described a new class of AI models called “Capybara,” which are expected to be larger and more advanced than the current flagship Opus model.
- According to the leaked document, Capybara outperforms Claude Opus 4.6 in areas such as software coding, academic reasoning, and cybersecurity tasks. The draft also described Claude Mythos as the most powerful AI model developed to date.
An Anthropic spokesperson confirmed to Fortune that the company is developing a general-purpose model with significant advances in coding and cybersecurity. Reports suggest that the model could surpass existing AI systems in cyber capabilities. Markets are concerned that Anthropic may eventually compete directly with cybersecurity firms, potentially pressuring margins and leading to client outflows.
US100 (M30 interval)
Nasdaq 100 dips more than 10% from the all-time high today, signalling entering to the correction zone.
Crowdstrike (D1 interval)
Source: xStation5
US OPEN: Wall Street declines deepens
Market wrap 📌European stocks slide amid the Middle East war fears
📌Donald Trumps warns Iran again. Is escalation ahead?
TurboQuant from Google: Threat or Opportunity for the AI Market?
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
