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U.S. pre-market news at a glance: Nvidia steps up Meta AI partnership; Goldman Sachs says AI trades dominate global asset performance

BlockBeats news, October 27, key pre-market news for US stocks on Tuesday is as follows:


1. Anthropic plans to go public in the week of November 16, raising up to $100 billion. On the day Anthropic filed for IPO, it faced an appeal from the US government, and the Claude ban has already affected commercial customers;

2. Nvidia will invest $3 billion in Meta equity issuance, and the two sides will expand cooperation in AI infrastructure and models;

3. TSMC is reportedly planning to raise advanced packaging prices by 10% to 20%, putting cost pressure on Nvidia and AMD;

4. Goldman Sachs: AI trades have surpassed oil prices in influence, dominating diverging global asset performance; US retail trading activity has fallen 45% from the end of last year, and stock supply may hit a 26-year high in 2027;

5. Corning's third-quarter core earnings per share were 91 cents, versus the market estimate of 89 cents. Corning expects fourth-quarter core earnings per share of 96 cents to $1.00, versus the market estimate of 93 cents. Corning expects fourth-quarter core sales of $5.2 billion to $5.3 billion, versus the market estimate of $5.2 billion;

6. Coca-Cola (KO.N) third-quarter results beat expectations, and it raised its full-year guidance;

7. Bernstein cut Coinbase's target price to $250, maintained Robinhood's target price at $160, and raised Circle's target price from $140 to $145.

Presented in partnership with Gate Gate Money — crypto, stocks, payments and asset management in one place
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