{
  "id": 16831507,
  "title": "AI stocks lift Wall Street ahead of Fed decision and tech earnings",
  "url": "https://urgent.news/2026/10/28/ai-stocks-lift-wall-street-ahead-of-fed-decision-and-tech-earnings",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-28T02:04:42.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail-malaymail",
    "url": "https://www.malaymail.com/news/money/2026/10/28/ai-stocks-lift-wall-street-ahead-of-fed-decision-and-tech-earnings/240879"
  },
  "original_language": "en",
  "account": "Wall Street stocks surged for two consecutive days on Tuesday, buoyed by renewed enthusiasm for artificial intelligence-linked shares as investors awaited key decisions from the Federal Reserve and earnings reports from major AI companies. Tech-heavy Nasdaq indices led the rally, capitalizing on optimism following Anthropic's IPO filing and Broadcom's announcement of a massive financing deal for AI investment. Analyst Patrick O'Hare noted that the market was currently being driven by AI stocks, semiconductors, and larger hyperscaler companies. Anthropic, the parent company behind Claude AI, reported a staggering 1,300% year-over-year revenue growth in its first half, but also cautioned about heavy capital expenditures. Investors are now eagerly awaiting earnings releases from major tech players like Microsoft, Alphabet, and Amazon, as well as SK hynix and Samsung. Despite last week's tech share pressure due to concerns about AI investments' lack of payoff and companies' financial struggles, this week's market sentiment has been more favorable. Broadcom jumped by four percent after revealing a US$63 billion financing structure to support Anthropic's expansion. The Nasdaq surged over one percent, while the Dow edged higher, though it faced some resistance from Boeing's 10.7% drop after reporting results. In London, the FTSE 100 index slipped after HSBC's profits fell short of expectations, and Mercedes-Benz dropped by 3.8 percent after revising its full-year outlook. Paris stocks saw a rise as well. Earlier, equities in Japan and South Korea also benefited from Anthropic's IPO filing, with Seoul's market jumping over four percent and Tokyo's gaining 1.8 percent, driven by strong performances of chipmakers SK hynix and Samsung. Improved sentiment towards technology was attributed to investor assessments of Anthropic's IPO and the upcoming corporate earnings reports, as well as the Federal Reserve's decision on interest rates. The Fed is expected to maintain current rates in its Wednesday meeting, although there is a 78 percent chance of a hike in December due to inflation concerns. This optimism has strengthened the dollar. The European Central Bank and Bank of Japan are also projected to hold steady in their announcements on Thursday and Friday. Oil prices declined amid renewed diplomatic efforts to resolve the Middle East conflict and as Israelis participated in parliamentary elections.",
  "summary": "NEW YORK, Oct 28 — Wall Street stocks rose for a second straight session Tuesday behind renewed enthusiasm for art...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 10,
    "also_reported_by": [
      {
        "outlet": "Business Insider",
        "title": "Anthropic's IPO filing is no ordinary Wall Street document",
        "url": "https://urgent.news/2026/10/27/anthropics-ipo-filing-is-no-ordinary-wall-street-document",
        "published": "2026-10-27T11:06:17.000Z"
      },
      {
        "outlet": "Cointelegraph",
        "title": "Crypto could outperform AI stocks: Wall Street veteran Jordi Visser",
        "url": "https://urgent.news/2026/10/27/crypto-could-outperform-ai-stocks-wall-street-veteran-jordi-visser",
        "published": "2026-10-27T13:30:00.000Z"
      },
      {
        "outlet": "The Verge",
        "title": "Anthropic’s elaborate plan to keep Wall Street at bay",
        "url": "https://urgent.news/2026/10/27/anthropics-elaborate-plan-to-keep-wall-street-at-bay",
        "published": "2026-10-27T16:51:22.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Wall Street rises on revived AI momentum as earnings season picks up",
        "url": "https://urgent.news/2026/10/27/wall-street-rises-on-revived-ai-momentum-as-earnings-season-picks-up",
        "published": "2026-10-27T18:42:24.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Wall Street ends higher on revived AI momentum",
        "url": "https://urgent.news/2026/10/27/wall-street-ends-higher-on-revived-ai-momentum-16811209",
        "published": "2026-10-27T21:55:26.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "US stocks: Wall Street ends higher on revived AI momentum",
        "url": "https://urgent.news/2026/10/27/us-stocks-wall-street-ends-higher-on-revived-ai-momentum",
        "published": "2026-10-27T22:05:41.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Wall Street ends higher on revived AI momentum",
        "url": "https://urgent.news/2026/10/27/wall-street-ends-higher-on-revived-ai-momentum",
        "published": "2026-10-27T22:12:48.000Z"
      },
      {
        "outlet": "RTHK News - Finance",
        "title": "Wall Street ends higher on revived AI momentum",
        "url": "https://urgent.news/2026/10/27/wall-street-ends-higher-on-revived-ai-momentum-16812880",
        "published": "2026-10-27T22:25:08.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Wall Street ends higher on revived AI momentum",
        "url": "https://urgent.news/2026/10/28/wall-street-ends-higher-on-revived-ai-momentum",
        "published": "2026-10-28T00:36:18.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}