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Shares of Chipotle Mexican Grill launched higher in after-hours trading on Wednesday, after the fast-casual Mexican chain reported second-quarter results that beat expectations and stuck with its its sales outlook, as a discount war brews elsewhere in the restaurant industry.

The CEO called out growth in the company’s book of business for generative AI.

Shares of Ford Motor Co. lost more than 10% in the extended session Wednesday after the car maker reported quarterly profits well below Wall Street’s expectations and notched another billion-dollar loss on EVs.

ServiceNow is boosting its revenue outlook for the full year following upbeat results in its most recent quarter.

A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.

The wheels appeared to be coming off the artificial-intelligence trade on Wednesday as members of the “Magnificent Seven” headed for their worst daily drop since October 2022.

The prices at supermarkets and on energy bills may not have decreased substantially yet, but retirement savers say inflation isn’t as big of an obstacle to reaching their long-term goals as it was last year.

Copper settled Wednesday at the lowest price since early April, while also marking a drop of more than 20% from record highs in May, as weakness in China’s economy fed expectations for a fall in demand for the industrial metal.

Meta removed 63,000 Instagram accounts run by a Nigerian network called the Yahoo Boys, which specialized in getting victims to share nude photos that would then be used for blackmail.

The U.S. economy grew at a brisk pace in the second quarter, the most recent gross domestic product report is likely to show, suggesting little risk of recession. But not all is well.

Speculation about who might win the White House shouldn’t overshadow incoming economic data, says DWS head of fixed income.

Shares of Bausch Health Cos. plunged to a 19-year low intraday on Wednesday, compelling the Canada-based drug and medical-device company to respond to “market rumors.”