{"version":"1.0","type":"card","id":"3ce044bc-a4db-4021-936b-c10cc3a52be6","url":"https://stacklist.com/card/3ce044bc-a4db-4021-936b-c10cc3a52be6","title":"Anthropic needs Amazon-style earnings to justify $2 trillion — but has barely turned a profit","source_url":"https://fortune.com/2026/08/14/anthropic-valuation-ipo-amazon-trillion-openai/","note":"The arithmetic underneath the target: $559M adjusted operating profit on $10.9B of Q2 revenue, a margin of about 5.1%, and not yet profitable annually. At Nasdaq-100 multiples a $2T company needs roughly $59–79B in annual profit.","image":null,"stack":{"id":"e059ddee-0d0c-45fc-a273-def5ce0a7980","title":"Signals Served #024 — Announced, Not Committed","url":"https://stacklist.com/c/finance/stack/e059ddee-0d0c-45fc-a273-def5ce0a7980"},"created_at":"2026-08-17T15:26:41.742Z","updated_at":null,"aco":null,"_links":{"self":"/api/public/card/3ce044bc-a4db-4021-936b-c10cc3a52be6.json","html":"https://stacklist.com/card/3ce044bc-a4db-4021-936b-c10cc3a52be6","md":"/api/public/card/3ce044bc-a4db-4021-936b-c10cc3a52be6.md","stack_json":"/api/public/stack/e059ddee-0d0c-45fc-a273-def5ce0a7980.json"}}