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My reason is their revenue chart is flattening.

https://techstartups.com/2026/10/15/anthropics-q3-revenue-hi...

The flattening part is not reported, but based on estimates from a company called TickerTrends. If they were correct it would imply a sudden and unusual departure from some incredibly impressive growth. Even more unusual given the release of their industry leading Opus/Sonnet/Haiku. Something to watch but I would not consider that authoritative, and would not invest based on that either.
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