Indonesia produces more than 60% of the world’s nickel and said it would cut mining quotas from 379 million metric tons to 250 million-260 million tons, helping LME nickel hit $20,000 per ton in May. Prices have since slipped to $16,500 as investors question whether the curbs will be enforced. Indonesia has also increased nickel ore imports from the Philippines, with volumes up 50% to 15.3 million tons last year and another 67% year on year in the first seven months of this year.

US diesel prices have climbed past $6.50 a gallon, and Donald Trump said he would support banning diesel exports. Republican lawmakers are pressing the administration ahead of November’s midterm elections to limit exports in an effort to ease financial strain on voters. The US exports about 1.3 million barrels of diesel per day, nearly a quarter of its refining output.

The Trade Desk reported Q2 results that fell short of expectations, with revenue of $715M (+3% YoY) and adjusted EBITDA of $241.3M, both below its guidance. The company is facing pressure on growth and margins as AI competition intensifies. Following the update, analysts moved to downgrade the stock.

Meta Platforms shares surged 11% to close at $741.25 on about 48 million shares, marking the stock’s biggest one-day gain since April 2025. The stock has risen more than 20% since Muse, Meta’s personal AI agent, launched on Sept. 8, with a free tier and $20 and $100 monthly plans. Wells Fargo raised its price target to $796 from $640, while Mizuho said the rollout is a meaningful step toward showing returns on AI spending. On the chart, the stock cleared resistance at $665 and weekly volume has been positive for the past four weeks.

AMD said its server CPU revenue rose more than 70% year over year in Q2 2026, helped by demand tied to agentic AI. Management expects server CPU revenue growth to exceed 80% year over year in H2 2026, and said it could raise that outlook in Q3. The company’s market capitalization has crossed $1 trillion for the first time.

Samsung India reported FY26 net profit down 36% year on year to ₹7,228 crore, while revenue from operations edged up 1.2%. Smartphone revenue slipped 1.4%, exports fell 10%, and telecom network revenue declined 12.8%. With costs rising and core businesses under pressure, the company did not recommend a dividend for FY26.

GameStop CEO Ryan Cohen increased his stake by 1.15 million shares at an average price of about $22.94 per share, taking his direct holdings to 40.498 million shares. Director Alain Attal also bought 17,500 shares, adding to a wave of insider purchases. The concentrated buying has put GME back in focus for near-term trading, but weakening revenue trends and potential share dilution remain key concerns.

Thor Industries reported fourth-quarter revenue of $2.312 billion, beating analysts’ expectations of $2.168 billion. Earnings came in at 78 cents per share, below the 96 cents per share analysts had forecast. Shares rose about 5% on Tuesday after the sales beat.