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Edward Dowd, identified as founding partner at OceanSquare Asset Mgmt and former BlackRock executive, suggested that if a certain issue is determined to be the cause, it may not be ideal for Anthropic's IPO pricing planned for next week.
No further details regarding the specific issue were provided in the statement.
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Dowd has previously challenged comments from Nvidia CEO Jensen Huang by disputing the idea that CoreWeave's cost of capital is declining, citing bond market data in a recent analysis published here. He also suggested that debt-driven demand led to a semiconductor sector peak in June, according to another recent note here. The statements reflect his ongoing scrutiny of market conditions in the tech and AI sectors.