CGI reported fiscal 2026 third-quarter results, with revenue up 2.5% year over year to about $4.2 billion and net earnings rising nearly 14% to $465 million. Earnings per share jumped 22.5% to $2.23, while operating cash flow increased from roughly $487 million a year ago to about $605 million. The company ended the period with backlog of $31.8 billion. CGI shares are down nearly 24% so far in 2026 to $95.90, implying a market cap of roughly $17.5 billion and a 0.7% dividend yield.

Boeing has won the US Navy’s full-scale development contract for the next-generation F/A-XX carrier-based fighter, valued at more than $20 billion. The award follows Boeing’s 2025 win of the US Air Force’s F-47 program, marking another major sixth-generation fighter order for the company. After the announcement, Boeing shares rose about 2% the same day.

Vail Resorts reported results for fiscal 2026, saying annual resort net revenue fell by $132 million, or 4.5%, largely due to exceptionally challenging weather last season. Through mid-September, Epic Pass sales for the new season were running 12% behind the prior year. The company also issued guidance for the 2026-27 season that assumes visitation will be modestly lower than it had initially projected heading into last season.

The U.S. Federal Trade Commission is conducting an industrywide probe into Anthropic, OpenAI and other AI labs to examine potential risks their technology may pose to consumers, a senior FTC official told Reuters on Wednesday. The investigation is focused on concerns including misleading information generated by AI models, bias and privacy issues.

U.S. August inflation came in below expectations, easing concerns that the Federal Reserve may keep raising rates and pulling short-term Treasury yields lower. Major U.S. stock indexes climbed in intraday trading, with the S&P 500 on track for a small September gain. The Nasdaq led the advance. Earlier, the 10-year Treasury yield briefly touched its highest level since 2002.

India’s Food Ministry set a domestic sugar sales quota of 14 lakh tonnes for Oct 1–15, including 1 lakh tonnes for standalone refiners. The new sugar season begins on Oct 1, with mills in Maharashtra and western Uttar Pradesh preparing to start cane crushing earlier than usual from around Oct 15 and Oct 20, respectively. Under the fortnightly quota, mills must sell at least 45% in the first week and the remainder in the second week. The move is aimed at boosting supply ahead of Dussehra to help cool sugar prices.

OpenAI has delayed its initial public offering plans and is instead pursuing about $30 billion in private financing at an estimated valuation of roughly $1.4 trillion. The company’s annualized revenue has climbed more than 70% since it released GPT-5.6 in July, reaching about $70 billion. Executives said they do not want to rush into a listing while AI capabilities are advancing quickly.

Hewlett Packard Enterprise raised its long-term revenue growth forecast for its networking business, lifting the expected compound annual growth rate from 5%-7% to the high teens. The company also said it secured a $1.2 billion order from cloud provider Vultr for AMD server racks. HPE increased its annual cost-synergy target from its Juniper Networks acquisition to $800 million, and its shares rose nearly 6% in premarket trading.