Stocks

Telus slashed its quarterly dividend 55% to $0.1875 per share from $0.4184, taking the annual payout down to $0.75. The company also reduced its free cash flow outlook to about $1.8 billion and lowered its payout ratio target range to 45%–60% from 60%–75%. Telus expects the reset to save about $2.7 billion in cumulative cash through 2028, with the funds prioritized for debt reduction. In the second quarter, it recorded a $2.1 billion non-cash impairment charge.

BHP Group shares have gained 51.7% over the past 12 months, outperforming the ASX 200 by more than 52 percentage points. The miner’s FY 2026 dividend payouts totalled $2.419 per share, up 41.6% year on year, implying a fully franked trailing dividend yield of 4% at current prices. Copper became BHP’s largest earnings driver for the first time, helped by a near-40% rise in copper prices in H2 FY26.

Disney is using targeted promotions—including a limited-time $59 evening ticket at Disneyland, resident specials and free-dining offers—to spur demand. In the company’s most recent quarter, attendance at its domestic theme parks rose 3% year over year, the biggest increase since 2023. Domestic per-capita guest spending also increased 4% from a year earlier, suggesting the lower-priced options did not dilute spending per visitor. By contrast, Universal and SeaWorld have reported weaker attendance trends over the same period.

AMD briefly pushed its market capitalization above $1 trillion intraday on Monday, becoming the fourth U.S. chipmaker to hit the milestone after Nvidia, Broadcom and Micron. The stock touched a record $613.92 and ended the day up 9%, extending its recent rally to more than 26%. The move reflects investor bets on AMD’s expanding role in artificial-intelligence computing.

AMD shares climbed as much as 9% intraday on Monday to a record $613.92, briefly pushing the company’s market capitalization above $1 trillion. The move makes AMD the fourth U.S. chipmaker to reach the milestone, after Nvidia, Broadcom and Micron. Investors have been backing AMD’s expanding role in AI computing, with the company stepping up launches of its MI300 and MI400 chips to challenge Nvidia’s lead. Goldman Sachs has also raised its price target on the stock.

AMD shares surged in early Monday trading, lifting the chipmaker’s market value above $1 trillion for the first time and pushing its 2026 gain to 172.84% at a record high. A supply-chain report said the company plans to raise prices by 10%, helping fuel the move. The rally comes alongside broader strength in hardware stocks, with Intel and Meta also advancing while Nvidia lagged.

Wendy’s shares fell 3.58% on Friday to close at $6.74, leaving the stock near its 52week low. The move followed a Chapter 11 bankruptcy filing by Meritage Hospitality Group, one of the chain’s largest franchise operators. Meritage reported a 48% drop in 2025 storelevel EBITDA and said it owes about $24.9 million in deferred franchise fees. Wendy’s subsequently withdrew its fullyear 2026 outlook.

Ireland’s Data Protection Commission has fined Google €403m for breaches in how it handled location data. The inquiry covered three features—Web & App Activity, Location History and Location Accuracy—between 25 May 2018 and 4 February 2020. Regulators concluded the processing was not “lawful”, “fair” or “transparent” under the EU’s General Data Protection Regulation, the DPC said.

Critical Metals surged more than 25% in premarket trading on September 21, after the rare earth developer reported a processing breakthrough at its Tanbreez project. The company said it achieved more than 99% dissolution of eudialyte concentrate and produced 19 ultra-high-purity rare earth products. A preliminary study for a proposed Romanian refinery projected annual revenue potential of roughly $2.2 billion before operating costs, taxes, and capital recovery. BlackRock is the company’s largest pure institutional shareholder, holding about 4.52 million shares.

Sandisk (SNDK) rose 10.99% to $1791.82 on September 18, 2026, as memory-sector recovery and reported call buying offered explanations for the advance. Examine the daily outlook, reversal risks and technical levels that could confirm or weaken the move.