McDonald's faces a legal setback after a federal judge allows consumer deception and fraud claims over its McRib sandwich to proceed while dismissing other claims.

Alphabet expects capital expenditure of $195 billion to $205 billion this year. Google Cloud revenue rose 103%. Microsoft's Azure revenue grew 48%.

The cash offer is $7.35 a share. That is about a 20% premium to Tuesday’s close. The stock rose nearly 17% at one point after the news.

JetBlue's senior notes due in 2031 have fallen to 42 cents on the dollar. The airline's shares are down roughly 58% since the start of August.

Elon Musk said SpaceX has closed $40 billion in debt financing to buy GPUs for its artificial intelligence operations. He said the company carries an investment grade credit rating and is supported by Starlink and launch revenue.

General Motors is betting on autonomous driving, AI and connected services as it looks to transform the driving experience and grow its digital business.

American Airlines warned airfares are likely to stay elevated even if fuel prices decline, as surging fuel costs drove deeper losses and an updated earnings forecast.

Elon Musk says Tesla demand is significantly outpacing production, citing Full Self-Driving tech as the biggest driver during the company's earnings call. He also announced Cybercab's Dallas launch.

Boeing's 737 MAX 10 has received FAA certification, clearing the way for deliveries of its largest MAX jet, with 1,555 orders from more than 30 customers.