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Modal's valuation hits $15.75B with $1B annual run rate; NYSE hosts key earnings and Fed meeting updates.

Market News
27 Oct 2026, 15:55 WIB
PRNewsWire
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Bullish
Modal's valuation hits $15.75B with $1B annual run rate; NYSE hosts key earnings and Fed meeting updates.

Modal announced a valuation increase to $15.75 billion and surpassed a $1 billion annualized run rate, highlighting rapid growth driven by its AI technology platform. The New York Stock Exchange (NYSE) provided a pre-market update covering major events including earnings reports from UPS and Coca-Cola, and upcoming reports from Microsoft, Alphabet, and Amazon. Additionally, the Federal Open Market Committee (FOMC) began its two-day meeting, with interest rate decisions expected Wednesday. These developments signal important market movements and investor focus for the week ahead.

Modal's $15.75 billion valuation and $750 million Series D raise provide context for this week's market activity. For readers following Technology-sector stocks, here is Pluang's market snapshot as of Oct 27, 2026 18:51 WIB: out of 150 priced US tech stocks, 83 rose and 63 fell. Notable movers include HUBS (HubSpot Inc) at USD 256.67 with a 1-day change of -2.77% and 100% sell order activity, APLD (Applied Digital Corporation) at USD 18.32 up 2.75% with 76% buy orders, and STM (STMicroelectronics NV) at USD 46.42 up 2.72% but with 98% sell orders.

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