Meta, Broadcom-Anthropic Deals and Key Earnings Shape Stock Market

U.S. stock index futures pointed to a positive market open on Tuesday as investors awaited key corporate earnings and the Federal Reserve's upcoming interest-rate decision. Major market drivers included massive financing and equity deals involving Meta Platforms and a Broadcom-Anthropic chip agreement, alongside a slate of corporate results from companies such as Boeing and Welltower.

Bank of America, Blackstone, Citi, and Morgan Stanley agreed to provide $63 billion in financing to purchase Broadcom AI chips and networking gear for Anthropic. Meanwhile, Meta Platforms boosted a planned share sale to nearly $98 billion, including $25 billion of common stock and $12.5 billion of preferred shares, with backing from Nvidia, Advanced Micro Devices, and Broadcom. In addition, The Boeing Company reported third-quarter revenue of $24.2 billion with a record company backlog of $745 billion, while healthcare real estate investment trust Welltower posted strong third-quarter results and raised its full-year guidance.

Market participants are also monitoring potential mergers and acquisitions, including advanced talks for DoorDash to acquire Instacart in a deal valued at about $17 billion. Additional economic data releases and quarterly reports from firms like Paccar, American Tower, and Coca-Cola are scheduled throughout the day as investors navigate ongoing market headlines.