AI Stock Market News Today

OpenAI has restructured its foundational partnership with Microsoft, ending exclusivity and revenue-sharing agreements. Simultaneously, the AI startup is aggressively expanding its infrastructure footprint via a multi-billion dollar commitment to Amazon Web Services.

• Microsoft is no longer the exclusive cloud provider for OpenAI API products
• OpenAI models are now available for AI agent development on AWS

O-I Glass shares plummeted in pre-market trading following a disappointing first-quarter earnings report. The company cited rising global energy expenses linked to geopolitical instability in the Middle East as the primary driver for its lowered outlook.

• Net loss of $73 million reported for Q1
• Earnings per share (EPS) loss of $0.48

Investors are closely monitoring Meta Platforms as the company prepares to release its latest quarterly results. Market attention is centered on the growth of Threads and the company's AI and cloud infrastructure momentum.

• Earnings report scheduled for after the closing bell
• Stock currently trading near $671

A new survey reveals strong optimism among wealth managers regarding equity performance. Seventy percent of respondents anticipate a gain of at least 5% by the end of the year.

• 70% of 783 surveyed advisors maintain a bullish outlook
• Expectation of 5% or more growth by year-end 2026

Europe is locked in a global bidding war for jet fuel following the closure of the Strait of Hormuz. With Middle Eastern imports severed, the continent is struggling to fill a critical supply gap through U.S. imports.

• Strait of Hormuz closure eliminated 75% of Europe's jet fuel imports
• U.S. exports hit record 442,000 barrels/day to meet global demand

Crypto data startup Blockworks aims to establish itself as the primary research and analytics hub for on-chain assets. The firm plans to leverage a recent funding round to acquire competitors and bridge the data gap between traditional finance and digital assets.

• Blockworks seeks to replicate the Morningstar model for blockchain assets
• Series A extension round valued the company at $192 million

US equity futures remain flat as investors await the Federal Reserve's interest rate decision and quarterly reports from major technology firms. Geopolitical tensions have pushed crude oil prices above $100 per barrel, adding a layer of volatility to the macro environment.

• Fed rate decision expected to be a hold, shifting focus to the policy statement
• Four mega-cap tech firms (GOOGL, AMZN, META, MSFT) report earnings today

Swedish investment firm EQT AB is reportedly refining a new takeover proposal for London-listed Intertek Group Plc. This move follows the rejection of two prior offers by the British product testing specialist.

• EQT preparing a third, improved offer
• Intertek previously rejected two bids

A massive hack targeting KelpDAO triggered a liquidity crisis for AAVE, though stabilization efforts have since normalized conditions. Standard Chartered maintains a long-term bullish outlook on tokenized assets despite the security breach.

• Exploit caused 38% drop in AAVE deposits
• Consortium deployed $300M to stabilize liquidity

President Trump has proposed a 44% increase in Pentagon funding, totaling $1.5 trillion. The ambitious spending plan is already encountering resistance from both sides of the aisle, including within the GOP.

• Proposed budget totals $1.5 trillion
• Represents a 44% increase in Pentagon funding

Investment manager Polen Capital has exited its position in Abbott Laboratories as part of its Focus Growth Strategy. The move comes after a turbulent first quarter marked by geopolitical strife and AI-driven market shifts.

• Polen Capital fully exited its position in ABT
• Q1 2026 equity markets faced high volatility

SpaceX's anticipated $2 trillion public debut faces scrutiny over decelerating revenue growth and a costly pivot into generative AI. Analysts warn that a steep price-to-sales ratio may leave little room for future appreciation.

• Projected $2 trillion market cap would set a historical IPO record
• Revenue growth slowed to 18% in 2025 from 89% in 2023