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General Motors (NYSE:GM) reported a 4.2% year-on-year decline in U.S. auto sales for the second quarter, with total deliveries of 714,896 vehicles compared with 746,588 units in the prior-year period.

Meta Platforms is developing plans to build a cloud infrastructure business that would sell access to AI computing power and models. It would take on industry leaders like Amazon Web Services, Microsoft Azure and Google Cloud. Mandeep Singh of Bloomberg Intelligence has details.

Nissan Motor Co. President and CEO Ivan Espinosa talks about the future of autonomous driving, investing in the US and how tariffs are making it harder to sell Mexican-made cars in the US. Those cars are being tariffed at a 25% rate. He speaks on "Bloomberg Surveillance."

UniFirst (NYSE:UNF) reported fiscal third-quarter 2026 revenue of $634.4 million, reflecting 3.9% growth compared with the same period last year.

Federal Reserve Chairman Kevin Warsh said price risks have come down in recent weeks, and the central bank will deliver price stability. "Prices are too high, and I don't think I'm the only one on this stage that's recommitted to deliver price stability," Warsh said on Wednesday at the European Central Bank's annual Forum on Central Banking in Sintra, Portugal.

European Central Bank President Christine Lagarde said risks to euro-area inflation and growth have become more broadly balanced during the ECB's annual retreat in Sintra, Portugal.

"We have funds that run my money," President Donald Trump tells reporters when asked about his financial disclosures that show he made $1.4 billion in 2025 on crypto and memecoin-related businesses. He spoke at Joint Base Andrews on Wednesday morning.

The Patent and Market Court in Stockholm delivered a judgment on Wednesday ordering Alphabet (NASDAQ:GOOGL) to pay 14.3 billion Swedish kronor (€1.3 billion) in antitrust damages.

Meta Platforms (NASDAQ:META) is building an internal cloud infrastructure business to sell excess artificial intelligence computing capacity after its shares rose over 6% in premarket trading.

Nissan President and CEO Ivan Espinosa says it still makes sense to build cars in the US, despite trade tensions and a weaker yen. He speaks on "Bloomberg Surveillance."

Artelo Biosciences (NASDAQ:ARTL) reported new preclinical data for ART26.12, a selective FABP5 inhibitor currently in Phase 1 development, in a mouse model of spinal cord injury–related neuropathic pain.

Micron (NASDAQ:MU) and General Motors (NYSE:GM) signed a Strategic Customer Agreement to secure long-term supply of automotive memory and storage for GM’s next-generation vehicle platforms