The heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificial intelligence buildout that has fueled much of this year's stock market gains.

The S&P 500 rose 0.2% in early Wednesday trading, while the Nasdaq composite gained 0.4%. Crude oil climbed more than 2% after an attack on a major Saudi Arabian refinery by Iran-backed Houthi rebels. Brent crude, the international benchmark, was also up almost 2% at $111.38 a barrel.

Sugar production in India is forecast to fall due to drought and El Niño, tightening supply and raising prices for consumers.

HUL's revenue rose 14.5% to ₹18,226 crore. Sales volume grew 7%. Its margin narrowed to 22.6%.

Trian Fund Management and partners have offered $7.35 per share in cash to acquire Wendy's. The bid represents a premium of nearly 19% over the stock's closing price on Tuesday.

GEHC stock is among the top S&P 500 winners after GE HealthCare Technologies topped Q3 earnings estimates and raised its outlook.

Anthropic’s filing shows who can pause a release. Investors should test whether that authority survives a missed revenue target.

Anthropic said an adverse court ruling could force it to pay substantial licensing fees and retrain its models from scratch. The company denies any wrongdoing. It faces litigation that includes a $3 billion claim from music publishers.