AI Stock Market News Today

TRTX reports a 100% performing loan portfolio for Q1 2026. The firm has successfully pivoted its strategy to significantly reduce office real estate risk.

• Office exposure now below 5%
• $535 million in executed term sheets

AI developer Anthropic is reportedly in talks to raise new capital at a valuation exceeding $900 billion. The move signals continued aggressive investment in the generative AI race.

• Internal discussions for new funding round
• Reported valuation target of over $900 billion

U.S. equity markets ended Wednesday in mixed territory as investors weighed a split Federal Reserve decision against a wave of megacap tech earnings.

• Alphabet beats estimates with strong AI cloud growth
• Meta warns of regulatory headwinds and raises spending

Phillips 66 is aiming for a $17 billion debt target by late 2027 while managing significant Q2 turnaround costs. The company is currently navigating extreme commodity volatility stemming from the closure of the Strait of Hormuz.

• Debt target: $17B by year-end 2027
• Q2 turnaround expense: $120M-$150M

Investors are increasingly prioritizing companies with supply shortages over mega-cap firms that simply beat earnings expectations. This shift suggests a transition from rewarding scale to rewarding scarcity in the technology sector.

• Mega-cap tech stocks are seeing mixed reactions despite earnings beats
• Meta shares fell despite five-year high revenue growth due to spending concerns

Major technology firms beat quarterly expectations but faced divergent market reactions over AI spending. Meanwhile, the Federal Reserve maintained current interest rates while announcing Jerome Powell's extended tenure.

• Federal Reserve maintains interest rates amid inflation concerns
• Jerome Powell unexpectedly extending his term on the Board of Governors

US equity futures declined as disappointing earnings from Amazon, Microsoft, and Meta offset gains from Google. Simultaneously, surging oil prices and confirmation of Jerome Powell's tenure at the Federal Reserve are shaping market sentiment.

• Dow futures fell amid mixed Big Tech results
• Amazon, Microsoft, and Meta saw price declines

Gold prices found a floor near $4,550 per ounce after the Federal Reserve opted to keep interest rates unchanged. The central bank highlighted inflation risks and economic uncertainty stemming from the conflict in Iran.

• Gold price stabilized near $4,550 per ounce
• Bullion experienced a 3.4% decline over the previous three sessions

VICI Properties Inc. saw a significant jump in first-quarter profits driven by increased lease financing revenues. The REIT reported net income of $872.4 million, marking a substantial year-over-year increase.

• Net income grew by approximately 60% year-over-year
• Quarterly revenue surpassed the $1 billion threshold

Starwood Capital Group has temporarily suspended share repurchases for its Real Estate Income Trust to protect fund liquidity. The move comes as the firm navigates a challenging environment for commercial real estate.

• SREIT has temporarily suspended share repurchases
• Goal is to preserve liquidity and stabilize share price

Bitcoin faced downward pressure following the release of FOMC minutes that confirmed a hold on interest rates. The Federal Reserve highlighted geopolitical uncertainty in the Middle East as a key factor in its current policy stance.

• Federal Reserve maintains target rate range at 3.5% to 3.75%
• FOMC minutes highlight Middle East instability as a primary driver of economic uncertainty

Plexus Corp has posted a significant increase in second-quarter profits and revenue, beating previous year figures. The company provided optimistic guidance for the upcoming quarter, signaling continued operational momentum.

• Q2 Revenue: $1.163 billion (up 18.7%)
• GAAP EPS: $1.82 vs $1.41 last year