McDonald’s is facing a federal antitrust lawsuit over an AI-enhanced pricing tool that allegedly shares nonpublic sales data with franchisees who may compete in the same market. The suit, filed Friday in Illinois, says the system uses artificial intelligence to gather store-level information that competing operators typically would not share. McDonald’s says franchisees set menu prices and that the tools are optional and do not coordinate or fix pricing. Separately, CEO Chris Kempczinski said only 60% of U.S. restaurants offer the company’s proposed 10-item menu priced under $3.

Since launching its buyback program in June 2022, Nike has spent about $12.1 billion to repurchase 124.4 million shares at an average price of $97.57. The stock opened at $33.70, about 65% below the average buyback price, implying an opportunity cost of roughly $7.9 billion. Nike’s market capitalization has fallen from $187 billion in June 2022 to $51 billion, while the shares are down 46% year-to-date. The buyback program is currently paused, with $5.9 billion remaining under the authorization.

Winklevoss Asset Services has filed a spot Zcash ETF application with the U.S. SEC, seeking to list a fund on Nasdaq under the ticker WINK that would hold ZEC directly. Following the disclosure, ZEC rose more than 5% over the past 24 hours. The token is currently trading at slightly more than $1,376.

Nvidia shares hit a record high on Tuesday, lifting the chipmaker’s market capitalization to $5.83 trillion and putting it on track toward $6 trillion. The rally followed Foxconn’s report of $95.4 billion in sales for the quarter ending in September, beating estimates and fueling expectations of strong AI-server demand. Nvidia traded at a forward price-to-earnings ratio of 17.1 times as of Monday’s close, while analysts’ consensus price target stood at $334.45, according to FactSet.

The U.S. Commodity Futures Trading Commission advanced an early rulemaking process on Oct. 5 aimed at building a federal framework for crypto asset transactions and markets. The initiative could create an optional CFTC registration route for qualifying crypto platforms, but final requirements have not yet been proposed. The move follows the Senate’s failed Sept. 15 procedural vote on the CLARITY Act, which sought a federal crypto market framework. Earlier this year the CFTC and SEC issued a joint interpretation on the regulatory treatment of crypto assets.

Finland’s regulator has ordered construction work to stop at two planned Google data centres, citing the clearance of more than 300 hectares of forest and the absence of a required environmental impact assessment. The projects are part of Google’s record €13bn (£11bn; $15bn) investment in Finland. Google said it had fallen short of its own standards and would follow the regulator’s guidance.

U.S. consumers have filed a federal lawsuit against Starbucks, alleging its “sugarfree” protein drinks contain 13 to 21 grams of sugar per serving—an amount the suit compares to a Kit Kat bar. The plaintiffs argue the “sugarfree” label would mislead a reasonable consumer. The case seeks damages for consumers nationwide, and asks the court to order Starbucks to stop using the “sugarfree” label on products that contain sugar. Starbucks has not publicly responded.

The Delhi High Court has stayed the Food Safety and Standards Authority of India (FSSAI) directive targeting PepsiCo and Monster Beverage over the “Energy Drink” label, allowing both companies to sell existing inventory carrying the descriptor. The court said the interim relief does not permit manufacturing new products bearing the “Energy Drink” tag. The stay will remain in effect until the next hearing on November 5. It also halted the July 17 communication that had asked state enforcement authorities to implement the order.