Markets set for higher open

Stock market expected to open higher Tuesday, building on Monday's strong performance as the artificial intelligence trade regains momentum. Oil prices and Treasury yields slightly lower.

Broadcom finances Anthropic chip deal

Broadcom finalized sixty three billion dollars in financing to help Anthropic buy AI chips and networking gear, with Bank of America, Citigroup, Morgan Stanley, and Blackstone involved.

“Fundamentally, the need for AI compute continues to grow at an extraordinary pace.”

Meta raises secondary offering size

Meta Platforms increased its Class A secondary stock offering to twenty five billion dollars from twenty two point five billion dollars, priced at six hundred twenty five dollars per share.

Nvidia invests in Meta offering

Nvidia announced a three billion dollar investment in Meta's equity offering and a deeper partnership on Muse to optimize inference and training performance. Meta will expand use of Nvidia hardware.

Celestica soars on earnings beat

Celestica, maker of server racks and data center technology, soared more than twelve percent after reporting a big earnings beat and issuing twenty twenty seven guidance well ahead of expectations.

Boeing beats on cash flow

Boeing reported a loss of thirty four cents per share wider than expected, but revenue and free cash flow topped expectations.

Coca-Cola raises full-year outlook

Coca-Cola beat on earnings and revenue with organic sales up seven percent. Raised full-year earnings growth outlook to at least eleven percent year over year from nine to ten percent previously.

Whirlpool disappoints across board

Whirlpool disappointed on every front with light quarterly revenue, a big miss on operating income, and lowered full-year guidance. Housing weakness hurts the maker of major appliances. Shares down seven percent.