Apple stock was rising Wednesday as investors awaited an announcement from the company later today about building new factories in the U.S.

While Apple is unlikely to start making iPhones in the U.S., investors seem to think that increased manufacturing commitments more generally could help secure better tariff treatment.

Apple Inc. committed to spending another $100 billion on domestic manufacturing ahead of an event with President Donald Trump, marking the latest pledge by the tech giant to increase US production as it seeks to avoid punishing tariffs on its flagship iPhones.

McDonald’s said cost pressures in some markets have become more challenging, particularly in Europe, but it stuck to its financial forecasts for the year, even with the impact o

McDonald’s stock (NYSE: MCD) jumped nearly 4% on Wednesday after the company posted quarterly results that topped analyst expectations, offering a much-needed rebound after a shaky start to the year.

Uber’s stock looked to rally after quarterly profit and bookings beat expectations, and a $20 billion share-repurchase program was announced.

Uber unveiled a $20 billion stock buyback program and forecast its third-quarter bookings above Wall Street estimates on Wednesday, as the ride-hailing and delivery services company benefits from growing adoption of its paid loyalty program.

Uber Technologies shares were falling Wednesday. Better-than-expected earnings and a $20 billion stock buyback weren’t enough to add another gear to the ride-hailing company’s strong gains for the year.