Meta reached an $18 billion settlement, drawing attention to child-safety obligations for online platforms. The outcome may increase regulatory pressure on rivals such as TikTok and YouTube.
Nvidia's data center business grew 117% year over year during the second quarter. The report highlights a $279 billion commitment related to memory chips.
The FlexShares STOXX Global Broad Infrastructure Index Fund ETF saw unusually high volume on Wednesday, with over 869,000 shares traded versus a three-month average of about 61,000. Shares were flat on the day.
On Wednesday, the Global X MLP & Energy Infrastructure ETF outperformed, rising about 2.3%. Strong components included DT Midstream, up about 4.8%, and Williams Companies, up about 4.5%.
Franklin Templeton announced a quarterly cash dividend of $0.33 per share, payable on October 9, 2026, to shareholders of record on September 30, 2026. Other companies also reported dividend news.
On Wednesday, shipping shares lagged, down about 3.1%, with Dorian LPG down about 6.1% and Pangaea Logistics Solutions down about 6%. Precious metals also underperformed.
On Wednesday, apparel stores shares led, up about 2.6%, with Abercrombie & Fitch up about 37.4% and Urban Outfitters up about 4.9%. Computers also showed relative strength.
Ford plans a large overhaul of its North American product lineup, focusing on the Bronco brand. This comes as the company pulls back on its EV ambitions.
Amaze Holdings announced a cost reduction plan targeting approximately a 40 percent reduction in operating expenses. This is a corporate restructuring move.
The Personal Consumption Expenditures (PCE) price index rose slightly higher than expected in July. This is a key inflation gauge for the Federal Reserve.
Intel will showcase its AI infrastructure progress at the AI Infra Summit 2026, covering edge, enterprise, cloud, and physical AI environments. CEO Lip-Bu Tan will participate in a fireside chat on September 15.
According to Metals Channel, Reliance Inc is the #15 broker analyst pick on average among the 50 stocks in the Metals Channel Global Mining Titans Index. The report highlights analyst recommendations.