The AI Trade in Focus: Altimeter's Brad Gerstner joins "Halftime Report" live in San Francisco 10/15/26

Gerstner cut Altimeter's AI exposure to three-year lows on rate/debt jitters but still expects an Anthropic IPO within weeks.

• Anthropic Q3 revenue: Anthropic reported ~$17B in Q3 revenue, up 45% sequentially (vs 140% q/q growth earlier in 2025), with adjusted margins above 80%; market reaction was negative, Street expectations sky-high.
• Gerstner's positioning: Altimeter's Brad Gerstner cut AI exposure to its lowest level in three years but calls himself bullish 2-3 years out, expects an Anthropic IPO "weeks, not months" at a reported $350B+ valuation with potential $500B+ demand.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.