The US manufacturing sector grew for a ninth straight month in September but at a slower pace, according to S&P Global data. The Manufacturing Purchasing Managers Index (PMI) came in at 52.0, down from 53.0 in August but still above the 50-point threshold that separates growth from contraction. ...

Core Insights - Meta will utilize data from user interactions with its AI chatbot and other AI products to enhance ad targeting on its social media platforms [1] Group 1 - The implementation of hyper-targeted ads is expected to improve advertising effectiveness across Meta's platforms [1]

Core Insights - Nike Inc. shares increased by over 3% following the release of fiscal first-quarter results that exceeded Wall Street expectations for both revenue and net income [1] Financial Performance - The company reported better-than-expected fiscal first-quarter results, surpassing analysts' forecasts [1] - Revenue and net income both topped Wall Street forecasts, indicating strong financial performance [1]

Core Points - Nvidia stock (NASDAQ: NVDA) experienced a significant decline, dropping nearly 2% to $184 at the market open on Wednesday [1] - The decline occurred amid increased market volatility and fluctuations within the broader tech sector [1]

Core Points - The US government officially shut down, leading to concerns about a prolonged stoppage that could negatively impact the fragile economy [1] - Wall Street opened lower, with the S&P 500 index declining [1] Economic Impact - The shutdown is expected to strain the already fragile economy further, raising fears among investors [1] - The market reaction indicates a lack of confidence in the government's ability to resolve the shutdown quickly [1]

Shares in U.S. utility AES Corp. surged more than 12% in premarket trading Wednesday after reports that BlackRock-owned Global Infrastructure Partners (GIP) is preparing a takeover bid worth about $38... ...

Tesla's sales showed signs of recovery in parts of Europe during September, with gains in France, Denmark, Norway, and Spain, but continued weakness in Sweden underscored the US electric-vehicle maker... ...

Core Viewpoint - The US government has entered its first shutdown in nearly seven years, leading to significant declines in stock futures, particularly affecting market sentiment across major indices [1] Group 1: Market Reaction - Dow futures dropped by 230 points, indicating a negative market response to the government shutdown [1] - S&P 500 futures fell by 50 points, reflecting widespread unease among investors [1] - Nasdaq futures experienced a sharper decline, plummeting over 180 points, highlighting increased volatility in tech stocks [1]

Core Insights - The US Department of Energy (DOE) has acquired a 5% stake in Lithium Americas, a Vancouver-based company [1] - The DOE has also taken a separate 5% stake in another entity related to Lithium Americas [1]

Core Viewpoint - Shares of British baker and fast-food chain Greggs increased by 11.5% to 1,790p, outperforming the FTSE mid-cap index, after the company reaffirmed its full-year profit guidance despite a slowdown in the market [1] Company Summary - Greggs' stock performance indicates strong investor confidence, as evidenced by the 11.5% rise in share price [1] - The company has maintained its full-year profit guidance, suggesting resilience in its business model amid market challenges [1] Industry Summary - The performance of Greggs may reflect broader trends in the fast-food and bakery sector, where companies are navigating economic pressures while striving to maintain profitability [1]