taking the stock up $12. The company has previously announced it plans to spend $500 billion in the US over the next four years, which will include work on a new server manufacturing facility in Houston, a supplier academy in Michigan, and additional spending with its existing suppliers in the country. Wednesday’s announcement will bring Apple’s cumulative commitment to $600 billion.

For the current quarter, AMD forecasted $8.7 billion in revenue, plus or minus $300 million, versus $8.3 billion expected by analysts. The company said its guidance does not account for revenue from its MI308 AI chip designed for China.

reporting results for its fiscal third quarter on Wednesday – posting earnings that topped expectations but revenue that came in just shy of analyst projections – as the company's streaming business grew and its theme parks saw higher spending from consumers. The growth in streaming has recently started to help to supplant the losses of the cash cow traditional TV business, which has been bleeding customers for years now.

according to organizations representing major European producers, including Diageo (DGE) and Pernod Ricard (PERP), U.S. whiskey and wine producers, as well as glass suppliers, retailers, and restaurants. Avoid the sector.

thanks to the trade war. Japan's second-biggest car maker said quarterly operating profit was $1.66 billion in the April-June period. Honda said the steep 27.5% tariff on auto imports by the U.S. - comprised a previous 2.5% rate and a 25% levy imposed by the US in April - pulled down its operating profit for the quarter.