AI Stock Market News Today

Ford Motor reported first-quarter revenue and profit that exceeded analyst expectations. However, the gains were overshadowed by significant losses in its electric vehicle division and negative free cash flow.

• Revenue and profit exceeded Q1 analyst expectations
• EV segment reported multi-billion dollar losses

Chipotle shares surged after hours following a better-than-expected increase in same-store sales for the first quarter. The results suggest strong brand loyalty and pricing power despite broader industry concerns.

• Shares rose 6.2% in after-hours trading
• Q1 same-store sales exceeded analyst expectations

As Jerome Powell prepares to exit the Federal Reserve, data reveals a stark divergence between record gains in equities and poor performance in fixed income. The transition to successor Kevin Warsh marks the end of an era defined by increased transparency and aggressive pandemic-era stimulus.

• S&P 500 annual growth of 14.7% marks one of the best eras for Fed chairs
• Bond markets underperformed with annual returns under 2%

Saudi Arabia's Public Investment Fund will cease financial support for the LIV Golf league after the current season. The venture now faces an uncertain future as independent directors seek strategic alternatives to sustain operations.

• PIF funding ends after 2026 season
• Non-U.S. operations lost ~$600M in 2024

Outgoing Fed Chair Jerome Powell will maintain his seat as a voting governor to safeguard institutional independence. Nominee Kevin Warsh prepares to implement a regime shift focusing on rate cuts and the removal of forward guidance.

• Jerome Powell will stay as a voting governor to shield the Fed from political interference
• Kevin Warsh seeks to reform the Fed's 12 regional banks and communication style

Four 'Magnificent Seven' giants confirmed their commitment to massive AI infrastructure investments during their latest earnings calls. While financial results largely beat expectations, investor reactions varied as capital expenditure costs weighed on margins.

• Microsoft AI business grew 123% YoY to $37 billion
• Alphabet Google Cloud revenue rose 63% to $20 billion

GFL Environmental posted a net loss of $215.7 million for the first quarter of 2026, a sharp reversal from the previous year's profits. Despite the bottom-line hit, the company saw a modest increase in total revenue.

• Q1 net loss of $215.7 million
• Revenue growth to $1.64 billion

US Central Command has requested the deployment of the Army's Dark Eagle hypersonic system to counter Iranian missile capabilities. The move would introduce a long-range strike capability to the region for the first time.

• CENTCOM seeks Dark Eagle deployment for strikes against Iran
• Focus is on long-range targeting of ballistic-missile launchers

Major US stock indexes closed with mixed results on Wednesday as investors reacted to climbing Treasury yields and crude oil futures. Market attention is shifting toward growing dissent within the Federal Reserve regarding monetary policy.

• Equity indexes closed with mixed results
• Government bond yields trended higher

Ford Motor Co has posted a significant increase in first-quarter profits and revenue compared to the previous year. The automaker saw its bottom line expand substantially, driven by a 6.4% rise in total revenue.

• Net profit: $2.54 billion vs $471 million YoY
• EPS: $0.63 vs $0.12 YoY

Online used car retailer Carvana reported a massive beat in first-quarter earnings, driving shares up 10% in extended trading. The company saw a 40% jump in retail unit sales and a 52% increase in revenue.

• Retail sales reached 187,393 units (+40% YoY)
• Revenue surged 52% to $6.43 billion

Ford CFO Sherry House has provided insights into the company's first-quarter results and the resilience of its SUV and truck segments. The discussion highlights the interplay between consumer demand and fluctuating gasoline prices.

• CFO Sherry House discussed Q1 earnings and full-year outlook
• Analysis of SUV and pick-up truck sales performance