IBM now expects annual software revenue growth of 7 per cent to 8 per cent, up from 6 per cent to 8 per cent previously. Third-quarter revenue came in ahead of expectations. Software revenue rose 8.3 per cent.

New class of shares may allow company to finance acquisitions and attract top talent without diluting Zuckerberg’s voting control

U.S. futures point to a higher open

MSCI plans to introduce new rules. Under them, Strategy, a Bitcoin buyer, could be classified as a non-operating company. That could lead to its removal from global equity indexes. Billions of dollars in passive holdings could face the risk of position adjustments.

Dow ‌up 0.39%, S&P up 0.16%, Nasdaq down 0.08%

Delta Air Lines raised its expected 2026 fuel-cost increase by US$2billion to US$6billion after the Iran war pushed jet-fuel prices higher worldwide. The carrier cut its adjusted annual earnings forecast to US$5.10 to US$5.60 a share from US$6.50 to US$7.50. Third-quarter fuel expense jumped 62 per cent year on year to US$4.1billion, more than US$500million above its July forecast.

Tesla’s deliveries beat expectations, lifting the stock more than 5% in early trading. The outperformance suggests the company’s core car business is returning to a growth trajectory. Analysts have raised their 2026 full-year delivery forecast to 1.82 million from the June consensus of 1.65 million.

AI startup Anthropic expects to spend at least US$518billion over the next decade on AI infrastructure with six partners, according to a confidential IPO prospectus seen by Reuters. It said about 80% of the total is noncancellable or requires payment regardless of usage. The company listed long-term infrastructure service obligations of at least US$111.1billion with Google, US$110billion with Amazon and US$31.4billion with Microsoft over seven to 10 years, alongside about US$161.2billion in largely noncancellable equipment lease obligations related to Broadcom.

Global stocks were mostly lower, with U.S. futures pointing to a weaker open. Brent crude rose 2.77% to US$106.94 a barrel and WTI gained 2.35% to US$94.33 as investors worried the war with Iran could keep Middle East oil supplies constrained for a long time. With inflation still high, the Federal Reserve raised rates last week and officials signaled more increases may be needed. The euro was flat at US$1.1388.