Anthropic IPO chatter, bitcoin bounces back, Trump narrows down Fed chair list

Group 1: Bitcoin and Crypto Market - Bitcoin has rebounded to a two-week high, trading just below $94,000, indicating potential recovery in the wider crypto market after a significant sell-off that wiped over $1 trillion off its value since October [6][22] - Shares in American Bitcoin, backed by Donald Trump Jr. and Eric Trump, lost nearly 40% of their value recently, while World Liberty Financial's WLFI token has dropped over 50% from its peak in September [7] - Strategy, a company heavily involved in Bitcoin, announced a new $1.44 billion reserve to meet short-term obligations, aiming to avoid selling Bitcoin below its net asset value [8][9][10] Group 2: Anthropic and IPO News - AI startup Anthropic is preparing for what could be the largest IPO ever, with a recent valuation of $183 billion, as it competes with OpenAI to go public [2] Group 3: Labor Market and Economic Indicators - The upcoming ADP private payrolls report is expected to influence the Federal Reserve's decisions, especially with government data delayed [3] - Despite record online sales during the holiday shopping season, consumer confidence has declined, leading to an 87% chance of a rate cut by the Fed next week [4] Group 4: Company Earnings and Market Reactions - American Eagle reported earnings of 53 cents per share and revenues of $1.36 billion, exceeding expectations and showing strong holiday season guidance [33] - CrowdStrike's revenue for the third quarter was $1.23 billion, slightly above expectations, but shares fell as investors anticipated stronger results [38] - Macy's reported its strongest growth in three years with adjusted earnings per share guidance raised to as much as $2.20, yet shares declined due to concerns over the current holiday period [52]