Meta plans to raise $95 billion to accelerate its artificial intelligence investments, starting with a $35 billion underwritten public equity offering followed by a $60 billion at-the-market program. SpaceX secured $40 billion in debt financing to purchase AI chips, while Anthropic filed for an IPO on Nasdaq under ticker ANT, with its valuation potentially reaching $2 trillion. Stocks are expected to open higher, supported by lower oil prices and tame bond yields, ahead of a busy week featuring the Federal Reserve meeting and earnings from 11 companies in the portfolio. Amazon, Microsoft, Alphabet, Boeing, Starbucks and FedEx are among those due to report, with price targets revised to $348 for Amazon and $377 for FedEx. EQT is acquiring Range Resources in a $13 billion deal, and Morgan Stanley cut Affirm’s price target to $79 while keeping its hold rating.
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