Stocks to watch on Wall Street, where futures on major indices point to a flat opening for the Dow Jones (.DJI, +0.01%), the S&P 500 (.SPX, +0.06%), and the Nasdaq (.IXIC, -0.01%).
META (META.O)
is currently testing a “human concierge service” for Muse, its new personal AI assistant; the service involves outsourcing the handling of certain phone calls made via the agent to external contractors, according to internal documents seen by Reuters. However, some employees are concerned about the privacy of sensitive information.
BROADCOM (AVGO.O)
Chinese authorities are reviewing the use of the U.S. company’s equipment in state-owned data centers as part of an initiative to support domestic manufacturers and reduce reliance on foreign infrastructure for artificial intelligence (AI), the Financial Times reported on Wednesday, citing sources familiar with the matter.
ALPHABET (GOOGL.O)
The UK’s competition watchdog has unveiled a series of proposals aimed at giving users of Android and Chrome—both owned by Google—more choice and control over the services they use, including AI assistants such as ChatGPT and Perplexity.
GENERAL MOTORS (GM)
Mary Barra, the U.S. group’s CEO, is expected to attend a state dinner on Thursday hosted by U.S. President Donald Trump at the White House in honor of Chinese President Xi Jinping, according to two sources familiar with the matter.
U.S. automakers are warning against the entry of Chinese manufacturers into the market, while Donald Trump has hinted that he might be open to it.
NIKE (NKE.N)
-The CFO of JD Sports (JD.L)—one of the U.S. group’s major customers—stated that the company is taking the necessary steps to revitalize its business and that its turnaround is only a matter of time.
MCDONALD’S (MCD.N)
is holding its investor day. General Mills is set to report its first-quarter fiscal results before the opening bell on Wednesday.