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Pre-Market News Roundup for US Stocks: Walsh’s Jackson Hole debut is imminent, and Anthropic plans to release its public IPO prospectus.

1 hours ago

Key pre-market news for U.S. stocks on Friday is as follows: 1. Federal Reserve Chair Kevin Warsh will deliver his first Jackson Hole speech at 22:00 Beijing time tonight. Markets are closely watching whether he will signal policy moves from the September 15–16 meeting. Warsh has previously pledged to push inflation back to the 2% target, but has not yet indicated support for holding interest rates steady, hiking, or leaving room for cuts. 2. California’s "meme coin bill" AB2409 has passed both chambers of the state legislature and is pending the governor’s signature. 3. BlackRock noted that Bitcoin’s narrative as a safe haven and hedge against devaluation has returned to the forefront of market attention. 4. Following NVIDIA’s earnings report, Goldman Sachs raised NVIDIA’s price target from $285 to $300, Citigroup lifted its target from $300 to $315, and JPMorgan Chase increased its target from $280 to $320. 5. Anthropic plans to release its IPO prospectus after U.S. Labor Day, hold an investor day in mid-September, and go public as early as late September or early October.

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