AI Stock Market News Today

Amazon is aggressively scaling its cloud and AI capabilities with a planned $200 billion capex for 2026. Despite competitive pressures in e-commerce and cloud, analysts see significant upside driven by AWS and high-margin advertising.

• All-time high reached at $263.99 per share
• Capex increasing to $200 billion in 2026 to support AI infrastructure

Highwoods Properties Inc. saw a sharp drop in first-quarter net income despite a rise in overall revenue. The company's bottom line fell to $31.36 million compared to nearly $97 million in the prior year.

• Net profit decreased to $31.36 million
• Earnings per share fell to $0.29

US equity futures faced early pressure from OpenAI concerns and climbing oil prices before recovering some ground. AI-linked firms including Seagate and Bloom Energy led the session's earnings-driven activity.

• Dow futures dipped early due to OpenAI concerns and oil price hikes
• Market recovered a portion of losses during the session

The coffee giant is seeing a faster-than-anticipated return of customers following a series of operational and menu overhauls. Key drivers include a revamped loyalty program and a focus on service efficiency.

• Faster-than-expected return of store traffic
• Introduction of new menu items like ube macchiatos

Intel (INTC) saw its stock price climb following the release of strong quarterly financial results. The market reaction highlights investor optimism regarding the company's current trajectory.

• Positive quarterly financial results reported
• Significant increase in share price

The Nasdaq Composite and S&P 500 have retreated from their all-time highs. The decline was primarily driven by a sell-off in technology equities.

• Nasdaq Composite retreated from record highs
• S&P 500 pulled back from peak levels

Acadia Realty Trust reported a significant increase in first-quarter earnings per share compared to the previous year. Despite the bottom-line growth, the company saw a marginal decline in total revenue for the period.

• Net income surged to $30.47 million
• EPS grew from $0.01 to $0.22

Waste Management Inc. posted an increase in both net income and revenue for the first quarter of 2026. The company saw a significant rise in earnings per share compared to the previous year.

• Net income: $723M vs $637M YoY
• EPS: $1.79 vs $1.58 YoY

Taiwan Semiconductor Manufacturing Company continues to dominate the AI hardware landscape, revising its 2026 growth targets upward. The foundry's critical role as the primary fabricator for industry leaders positions it as a systemic beneficiary of AI spending.

• AI business CAGR projected at mid-to-high 50% through 2029
• Q1 revenue increased 41% year-over-year

Spotify Technology (SPOT) has entered oversold territory based on Relative Strength Index (RSI) readings. Technical indicators suggest the recent selling pressure may be nearing exhaustion.

• RSI reading of 29.0 indicates oversold conditions
• Recent price low of $587.07

Resorts World has officially opened the first casino with live table games in New York City, ending a decade-long wait following a state gambling expansion. The facility in Queens marks the first of three planned licenses to launch in the downstate region.

• First live table games now available in NYC
• 1,700 total jobs expected by summer

Kenneth Kelly, CEO of First Independence Bank and Chair of the American Bankers Association, expressed confidence in the Federal Reserve's current trajectory. Kelly highlighted the critical importance of systemic stability amidst ongoing economic uncertainty.

• Kenneth Kelly praises the Federal Reserve's performance
• Strong emphasis on the importance of banking system stability