See the full story in the original article.
Read the original on Yahoo Finance ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
QQQ
• NeutralInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/27/2026 | 721.23 |
| Change that session | +1.27% |
SPY
• NeutralSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/27/2026 | 769.72 |
| Change that session | +0.57% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Wall Street Futures Edge Higher as SK Hynix Results Support AI Stocks Ahead of Fed Decision: Dow Jones, S&P, Nasdaq
US stock index futures pointed to a modestly higher open on Wednesday, extending gains from the previous two sessions, after stronger-than-expected results from SK Hynix supported AI-related shares. US-listed SK Hynix (SKHY) rose 7.2% in pre-market trading after reporting record quarterly profit and announcing more than $25 billion in dividends and share buybacks. Investors expect the Fed to leave rates unchanged and will watch Chairman Kevin Warsh's press conference, along with quarterly results from Microsoft (MSFT) and Alphabet (GOOG) after the session. On Tuesday, the Nasdaq Composite rose 308.43 points (1.2%) to 26,477.60, the S&P 500 gained 45.83 points (0.6%) to 7,722.60, and the Dow Jones gained 15.99 points to 52,377.57. Analysts are focused on whether heavy AI infrastructure spending is generating sustainable returns.
- AI Headlines Pile Up as Wall Street Navigates a Volatile Week
Anthropic filed a public S-1 for its IPO, planning a Nasdaq listing under the ticker ANT, with revenue rising from $41 million in 2023 to about $4.6 billion in 2025. Revenue reached $16.3 billion in the first six months of 2026, roughly 14 times the same period last year, while the operating loss narrowed to $693 million from $2.1 billion and gross margins are reportedly near 85%. SpaceX secured about $40 billion in debt financing to buy AI chips, with AI accounting for $7.56 billion of roughly $14.6 billion in quarterly revenue. Musk said on X that debt markets are less willing to lend to businesses without substantial non-AI revenue, and predicted major failures and consolidation among more than 200 neocloud operators. Meta announced a $95 billion equity offering, and roughly 25% of the S&P 500 by market cap reports earnings this week as five major central banks meet, including the Federal Reserve.
- Wall Street closes higher Thursday but tech stocks lag
U.S. stock indexes all closed higher on Thursday despite a sharp sell-off in AI stocks, including Nvidia. The Dow Jones rose 556.21 points (1.08%) to 52,177.69, the S&P 500 gained 0.33% to 7,744.06, and the Nasdaq Composite added only 0.08% to 26,713.03, lagging its peers. The September Producer Price Index rose 1.3% (6.3% annualized), the highest in four years and much higher than expected; TradeStation's David Russell said inflation is getting worse as energy prices stay high and the Fed might be forced to act. The U.S. dollar weakened against most major currencies, with the euro up 0.50% to 1.1213 and sterling up 0.61% to 1.3274, while the Australian dollar fell 0.75% to 0.6920 and the Canadian dollar slid 0.35%.
- Futures Pointing To Continued Weakness On Wall Street
U.S. index futures point to a lower open on Thursday, after the steep drop in the previous session, with tech stocks still weak (Nasdaq 100 futures down 1.2%) amid worries about AI spending and the debt used to fund it. On Wednesday the Nasdaq fell 1.9% to 26,692.87 points, the S&P 500 dropped 1.1% and the Dow edged down 0.1%, after September consumer prices rose 0.6% and annual inflation hit 3.7%, with core prices rising more than expected. Crude oil futures rose 1% after the International Energy Agency warned that attacks on Middle East energy infrastructure and tanker traffic threaten the oil supply recovery, while the NYSE Arca Computer Hardware Index fell 6.3% and the Airline Index dropped 5.1%. The data revived worries about interest rates ahead of the Federal Reserve's policy meeting later this month.
- Asian shares retreat after strong profits lead a rally on Wall Street
- Asian shares retreat after strong profits lead a rally on Wall Street
Related markets
Latest news
- We're adding a new, high-profile AI play to our Bullpen stocks to watch list
The article proposes adding SpaceX, founded by Elon Musk in 2002, to the Bullpen stocks-to-watch list. The company went public in June at $135 per share, opened at $150, peaked near $226, fell to about $105 in early August, and rebounded to the $140s. Its S-1 filing estimates a total addressable market of $28.5 trillion: $370 billion for Space, $1.6 trillion for Connectivity and $26.5 trillion for SI, formerly called AI. SI is the fastest-growing segment, with third-quarter revenue of $7.56 billion, up from $2.56 billion in the second quarter and $813 million a year earlier, while Anthropic's S-1 shows it has agreed to spend up to $120.5 billion on SpaceX compute over coming years. Starlink, the most profitable segment with $2.37 billion in third-quarter operating profit, added 1.6 million consumer subscribers, bringing its global base to just under 14 million, and SpaceX is expected to earn 32 cents per share in calendar 2026.
- Cuebiq's Brennan Lake: Location Data Can Now Steer CTV Bidding In Real Time
Brennan Lake, Cuebiq's vice president of partnerships, says a coalition is bringing closed-loop advertising, once largely limited to walled gardens, to the open web and CTV without any single party controlling identity, inventory and measurement. Through PurePlay AI, which sits inside an SSP, CTV impressions are scored in milliseconds on their likelihood to drive store visits, and the scores feed bid signals to a client's existing DSP. In a multi-year Sunglass Hut campaign with Luxottica, the approach cut cost per store visit by 17% and delivered 8% better incremental lift than publisher-direct buying. Lake argues that real-time bidding models require highly accurate location data, and that automation frees humans to focus on creative work and media planning.
- Fed Holds Rates, but Two Officials Push for Hike as Polymarket December Odds Hit 82%
The Fed held rates at 3.75%–4.00% in a 10–2 vote, with Governor Lisa Cook and Cleveland Fed President Beth Hammack favoring a 25-basis-point increase; it was Cook's first dissent since joining the Fed in 2022. On Polymarket, the odds of a 25-basis-point hike in December rose to 82% from about 77% before the announcement, with more than $5.3 million in trading volume. Despite a weak September jobs report showing only 29,000 jobs added, the Fed said job gains kept pace with the workforce and unemployment changed little. Truflation forecasts September PCE inflation at 3.6% year over year, up from 3.4% in August, as gasoline and other energy goods rose 33.7% amid surging oil prices tied to the Iran war. The official PCE report and third-quarter GDP are due Thursday.
- 3 Reasons Micron Stock Could Keep Climbing From Here
Micron shares are up 218% this year but have fallen 27% since hitting an all-time high in June, and the author views the recent dip as an opportunity for long-term investors. In fiscal Q4 2026, ended Sept. 3, revenue rose 379% year over year to $54.23 billion, GAAP gross margin reached 86.8% versus 44.7% a year earlier, and net income jumped 1077.8% to $37.7 billion. Guidance points to about $61.5 billion in revenue for fiscal Q1 2027 at the midpoint, up roughly 351%. The author notes some estimates see the memory chip shortage easing only around 2029, and considers the 5.05 forward P/E reasonable. Assuming EPS compounds at 12% a year over five years with the P/E unchanged, the cumulative return would be about 76%.
- Chip Earnings Power Averages Higher as Nasdaq Volatility Cools Midweek
Over the week's three sessions, the S&P 500 rose 1.51% and the Nasdaq Composite gained 1.98%, helped by semiconductor and tech earnings, while the Dow added 0.62% to 52,536.29. The VXN Nasdaq volatility gauge fell 3.51 points to 24.79 and the VIX eased to 17.31, while WTI crude jumped 3.47% to $103.37 a barrel. Texas Instruments reported third-quarter revenue of $6.06 billion, up 28%, and EPS of $2.62; IBM posted revenue of $17.1 billion, up 5%, and EPS of $2.31. Meta Platforms reported revenue of $64.60 billion, up 26%, but the quarter included a $9.89 billion charge tied to an agreement with 52 attorneys general over teen mental health and social media litigation. Bank of America, Blackstone, Citi and Morgan Stanley announced a $63 billion financing structure for AI compute for Anthropic using Broadcom's technology, with deliveries starting in calendar 2027.
- Fed Holds Rates Steady Despite Rising Inflation, Two Officials Push for Immediate Hike
The Fed kept its benchmark rate at 3.75-4% after its October 28 meeting, saying inflation remains elevated and more data is needed to return it to the 2% goal. The decision was not unanimous: Governor Lisa Cook and Cleveland Fed President Beth Hammack dissented, preferring a 0.25 percentage point increase. Inflation has been above the Fed's 2% target for more than five years, and the PCE index is forecast to exceed 3% in September even excluding food and energy. The U.S. economy remains resilient, with low unemployment, steady consumer spending and AI investment supporting growth; the Atlanta Fed's GDPNow forecasts third-quarter GDP growth of 3.4% annualized. Observers are watching the November 3 midterm elections, while futures markets lean toward a rate hike in December.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.