3 Stocks Riding The Rise In AI Lending Beyond Banks
Published . Updated .
Key takeaways
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
AI borrowers now lean harder than ever on non-bank lenders as chipmakers, cloud providers and credit investors feed the same capital loop. That circular financing story, and the surge in tech-related borrowing needs, creates both funding tailwinds and credit risk questions you
Directly affected
- No company is named in this report.
Indirectly affected
- XLF Financial Select Sector SPDR-1.6% 30d
Financial Select Sector SPDR: it holds banks. Linked by “banks” (banks) in this story.
- KRE SPDR S&P Regional Banking ETF-3.0% 30d
SPDR S&P Regional Banking ETF: it holds banks. Linked by “banks” (banks) in this story.
- QQQ Invesco QQQ-9.8% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- SMH VanEck Semiconductor ETF-16.4% 30d
VanEck Semiconductor ETF: it holds chipmakers. Linked by “chipmaker” (semiconductors) in this story.
- JPM JPMorgan Chase+0.1% 30d
JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story.
- BAC Bank of America-11.4% 30d
Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story.
- WFC Wells Fargo+4.4% 30d
Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story.
- C Citigroup-7.0% 30d
Citigroup (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLF | -1.85% | -1.14% | base | +3.48% | after close | after close | after close |
| KRE | -1.00% | -1.14% | base | +1.74% | after close | after close | after close |
| QQQ | +5.88% | +0.76% | base | +0.93% | after close | after close | after close |
| SMH | +9.58% | +0.86% | base | -2.69% | after close | after close | after close |
| JPM | +0.41% | -0.26% | base | +4.21% | after close | after close | after close |
| BAC | +2.47% | +0.71% | base | +3.98% | after close | after close | after close |
| WFC | -2.11% | -2.46% | base | +2.21% | after close | after close | after close |
| C | +1.17% | -0.05% | base | +1.67% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
3 Stocks Riding The Rise In AI Lending Beyond Banks Yahoo Finance
Source: Yahoo Finance
Invesco Qqq Trust, Series 1 (QQQ) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Bank Of America (BAC) | that day | +3.98% | final price |
| Bank Of America (BAC) | three days earlier | +0.71% | final price |
| Bank Of America (BAC) | five days earlier | +2.47% | final price |
| C | that day | +1.67% | final price |
| C | three days earlier | -0.05% | final price |
| C | five days earlier | +1.17% | final price |
| Jpmorgan Chase (JPM) | that day | +4.21% | final price |
| Jpmorgan Chase (JPM) | three days earlier | -0.26% | final price |
| Jpmorgan Chase (JPM) | five days earlier | +0.41% | final price |
| KRE | that day | +1.74% | final price |
| KRE | three days earlier | -1.14% | final price |
| KRE | five days earlier | -1.00% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | that day | +0.93% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | three days earlier | +0.76% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | five days earlier | +5.88% | final price |
| SMH | that day | -2.69% | final price |
| SMH | three days earlier | +0.86% | final price |
| SMH | five days earlier | +9.58% | final price |
| Wells Fargo (WFC) | that day | +2.21% | final price |
| Wells Fargo (WFC) | three days earlier | -2.46% | final price |
| Wells Fargo (WFC) | five days earlier | -2.11% | final price |
| Select Sector Spdr Tr (XLF) | that day | +3.48% | final price |
| Select Sector Spdr Tr (XLF) | three days earlier | -1.14% | final price |
| Select Sector Spdr Tr (XLF) | five days earlier | -1.85% | final price |
Congressional trades in the stocks in this story
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 61 days before publication. Filed 1 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM), worth $15,001 - $50,000 on 4 Sep 2026. That is 61 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 27 Aug 2026. That is 69 days before publication. Filed 4 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 9 Sep 2026. That is 56 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Laurel Lee sold Bank Of America (BAC) (held by a spouse), worth $50,001 - $100,000 on 24 Aug 2026. That is 72 days before publication. Filed 16 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Wells Fargo (WFC) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 40 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Wells Fargo (WFC) (held by a dependent child), worth $15,001 - $50,000 on 17 Sep 2026. That is 48 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Wells Fargo (WFC) (held by a dependent child), worth $1,001 - $15,000 on 15 Sep 2026. That is 50 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Citigroup (C), worth $1,001 - $15,000 on 24 Sep 2026. That is 41 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Citigroup (C) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 61 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Pete Sessions sold Microsoft (MSFT) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 33 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Lisa McClain bought Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 30 Sep 2026. That is 35 days before publication. Filed 12 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Invesco Qqq Trust, Series 1 (QQQ)
Companies carried with this story
- QQQ Invesco Qqq Trust, Series 1
For “3 Stocks Riding The Rise In AI Lending Beyond Banks,” Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence. Reason on file: Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
- AIQ Global X Fds
Global X Fds (AIQ) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “3 Stocks Riding The Rise In AI Lending Beyond Banks.” Reason on file: Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
- XLF Select Sector Spdr Tr
In “3 Stocks Riding The Rise In AI Lending Beyond Banks,” Select Sector Spdr Tr (XLF) is linked, with no stored direction, medium confidence. Reason on file: Financial Select Sector SPDR: it holds banks. Linked by “banks” (banks) in this story
- JPM Jpmorgan Chase
Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “3 Stocks Riding The Rise In AI Lending Beyond Banks.” Reason on file: JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story
- BAC Bank Of America
In “3 Stocks Riding The Rise In AI Lending Beyond Banks,” Bank Of America (BAC) is linked, with no stored direction, medium confidence. Reason on file: Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story
- MSFT Microsoft
Microsoft (MSFT) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “3 Stocks Riding The Rise In AI Lending Beyond Banks.” Reason on file: Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
- WFC Wells Fargo
In “3 Stocks Riding The Rise In AI Lending Beyond Banks,” Wells Fargo (WFC) is linked, with no stored direction, medium confidence. Reason on file: Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story
- GOOGL Alphabet
For “3 Stocks Riding The Rise In AI Lending Beyond Banks,” Alphabet (GOOGL) is linked, with no stored direction, medium confidence. Reason on file: Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
How “3 Stocks Riding The Rise In AI Lending Beyond Banks” reaches Invesco Qqq Trust, Series 1 (QQQ)
The 4 Nov 2026 story “3 Stocks Riding The Rise In AI Lending Beyond Banks” names Invesco Qqq Trust, Series 1 (QQQ) because of this story.
For Invesco Qqq Trust, Series 1 (QQQ), the reason on file says Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
A second company, Global X Fds (AIQ), is listed for a different reason: Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
Dates and price levels for Invesco Qqq Trust, Series 1 (QQQ)
AIQ traded between 61.70 and 67.40 across 14 sessions. The latest close on file is 62.94. QQQ traded between 680.34 and 757.18 across 20 sessions. The latest close on file is 685.32. XLF traded between 52.82 and 56.03 across 20 sessions. The latest close on file is 55.07.
How strong the case is around Invesco Qqq Trust, Series 1 (QQQ)
46 out of 100
“3 Stocks Riding The Rise In AI Lending Beyond Banks” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.