Stocks

Nine ASX mining shares are due to go ex-dividend this week. BHP declared a FY26 final dividend of 99 US cents a share, implying a 72% payout ratio and marking a 65% increase from its FY25 final dividend—the largest final dividend in four years. Sandfire Resources was supported by an 18% rise in the copper price in FY26, while Mineral Resources benefited from a 278% jump in lithium spodumene prices and a 7% lift in iron ore prices. Genesis Minerals and other gold miners were helped by an 18% increase in the gold price, and Genesis is paying its first dividend this season.

Foreign investors returned to Indian equities in August, with net FPI inflows exceeding $3.2 billion, the strongest monthly inflow since September 2024, led by Consumer Services, Financials and Healthcare. HSBC estimates that if global funds move back to a neutral allocation, as much as $25 billion could flow into India. Supportive factors include Q1 GDP growth of 7.8%, better-than-expected corporate earnings and a stable rupee, which could help sustain foreign inflows.

Nebius reported its Q2 results, with an adjusted EBITDA margin of 50% as unit economics improved. The company said higher GPU prices were successfully passed through into contracts, helping protect margins. Deferred and contracted revenue rose sharply, and the backlog reached $40 billion. Nebius also guided to at least 1GW of annual capacity additions through 2027.

Anthropic has pushed back plans for an initial public offering, with marketing now expected to start in midOctober at the earliest. Some investors believe the company could be valued at about $2 trillion. It is also seeking to finalise a $15 billion revolving credit facility and is forecasting 2028 revenue of about $190 billion to $200 billion, versus a $47 billion revenue run rate disclosed in May.

Enbridge shares are trading near C$69, down from a 12-month high above C$80, lifting the dividend yield to 5.6%. The company has already sanctioned C$9 billion in growth projects in 2026 and is advancing a C$41 billion secured capital program. It has also announced a C$2.7 billion expansion of the Westcoast natural gas pipeline system in British Columbia and agreed to buy Permian Basin oil infrastructure assets for US$600 million.

S&P Dow Jones Indices said Bloom Energy will be added to the S&P 500 as part of its September quarterly rebalance. Following the announcement, Bloom Energy shares rose about 6% in Friday after-hours trading. The stock is up more than 191% this year, driven by rising AI data center power demand and several multi-billion-dollar deals.

Shares of Australian AI cloud firm IREN rose more than 7% on Friday to close at $44.68. Analysts reiterated Buy ratings and set an average price target of $75.67, implying about 69% upside from current levels. In fiscal Q4 2026, AI cloud revenue totaled $70.5 million, up 110% year over year, while full-year AI cloud revenue reached $128.8 million, up 687%. Citizens analyst Gregory Miller kept an $80 target, citing continued acceleration in the company’s AI cloud business.

UiPath shares fell about 16% on Friday after the automation software company’s fiscal third-quarter outlook pointed to revenue growth slowing from 13.4% in Q2 FY27 to about 8%. The weaker Q3 FY27 guidance outweighed a Q2 revenue beat and an upgraded full-year outlook. After the results, Canaccord Genuity raised its price target on PATH to $17 from $15 but downgraded the stock to Hold from Buy.

Netflix said it is raising prices across several U.K. subscription tiers effective immediately, including a 33% increase for its Standard with Ads plan to GBP 7.99 per month. The Standard plan without ads will rise 7.7% to GBP 13.99 per month, while the Premium ad-free tier will increase 10.5% to GBP 20.99. Following the announcement, Netflix shares fell 4%.

McDonald’s shares fell to a 52-week low of $255.70 on Sept. 4, leaving the stock down 17% over the past 12 months. The company’s latest results showed revenue of $7.10 billion, slightly below the $7.13 billion analysts expected, while comparable-store sales rose just 0.8% year over year. Elevated inflation has led consumers to cut back on dining out, adding pressure on restaurant chains.