AI Stock Market News Today

Legal experts warn that using AI chatbots for estate planning and tax strategy can lead to critical errors and the loss of legal protections. The trend is creating friction between wealthy clients and their professional advisors.

• AI hallucinations lead to inapplicable legal strategies
• Data privacy concerns regarding sensitive trust documents

T. Rowe Price Group saw a rise in investment advisory fees during the first quarter despite a decline in total assets under management. The stock responded positively in pre-market trading following the update.

• Investment advisory fees rose in Q1
• Sequential decline in Assets Under Management (AUM)

US equity futures trend higher following a mixed slate of earnings from mega-cap technology firms and Caterpillar. Crude oil prices have reversed previous gains, trending lower in early trading.

• Dow Jones futures showing upward momentum
• Google and Amazon reported positive earnings reactions

Spirit Aviation Holdings has avoided an immediate bankruptcy court hearing as negotiations continue for a government-backed rescue package. The airline is currently coordinating with lenders to finalize the terms of a potential $500 million infusion.

• Thursday's bankruptcy court hearing has been cancelled
• Company is seeking a $500 million U.S. government rescue

Ukrainian drone attacks have disabled a primary processing unit at Lukoil's Permnefteorgsintez refinery and damaged a nearby oil-pumping station. Satellite data confirms significant fires at both locations, further restricting Russia's crude processing capabilities.

• Primary processing unit at Lukoil Perm refinery disabled
• Oil-pumping station hit in two consecutive days of attacks

Prada SpA reported first-quarter revenue growth of 6.5%, aligning with market forecasts. The luxury group noted that geopolitical tensions in the Middle East dampened performance for its Miu Miu label.

• Q1 revenue reached €1.43 billion
• 6.5% year-over-year growth recorded

US stock futures indicate a positive start to the trading session as investors evaluate recent big tech results. Market participants are now shifting focus toward upcoming inflation metrics to gauge future monetary policy.

• Positive pre-market momentum in US equities
• Ongoing analysis of big tech earnings reports

Joby Aviation is entering a pivotal phase as it seeks final regulatory certification and prepares for its first commercial flying taxi service. Investors are closely monitoring cash burn and operational readiness ahead of the company's May earnings report.

• Targeting 2026 for first commercial flight operations
• Certification is the critical milestone for revenue generation

The Bank of England opted to keep its benchmark interest rate unchanged in a near-unanimous vote. However, internal dissent and forward-looking guidance suggest further tightening may be on the horizon.

• Benchmark rate held steady at 3.75%
• MPC voted 8-1 to maintain current levels

Treasury Secretary Scott Bessent revealed the seizure of nearly $500 million in digital assets as part of a sweeping campaign to isolate Tehran. The move is a central pillar of 'Operation Economic Fury,' targeting Iran's shadow banking and oil export networks.

• US Treasury seized nearly $500 million in Iranian crypto assets
• Operation Economic Fury targets shadow banking and oil shipping fleets

Royal Caribbean Cruises Ltd. saw a significant premarket jump as company guidance suggests strength despite operational headwinds. The outlook indicates the cruise giant can absorb rising fuel costs and regional geopolitical disruptions.

• Premarket share price increase of up to 8.7%
• Management confidence in weathering higher fuel expenses

Gold continues to outperform Bitcoin as investors seek stability amid rising U.S. deficits and geopolitical conflict. Recent data suggests a return to traditional hard assets over digital alternatives during periods of systemic stress.

• Gold gained 65% in 2025 while Bitcoin lost 5%
• YTD 2026: Gold is up 7%, Bitcoin is down 14%