The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day.

0633 GMT - Nestle can shift its focus back to driving sales growth across its core portfolio after striking a $1 billion deal to sell its mainstream vitamins, minerals and supplements business to Yellow Wood Partners, Vontobel's Jean-Philippe Bertschy says in a research note. "Although widely expected, we view the announcement as sentiment-positive, as it draws a line under another underperforming non-core business and a painful episode of value destruction," Bertschy says. The deal follows other recent transactions to create a water joint venture with Platinum Equity and to offload its remaining ice-cream operations to its Froneri joint venture, the analyst says. After those deals, executives at the Swiss food giant can concentrate more fully on the key priority of accelerating organic growth, he adds. (adria.calatayud@wsj.com)

0630 GMT - Tidlor Holdings' loan growth is likely to accelerate from 2H, ttb wealth securities' Rawisara Suwanumphai says in a research report. The Thai microfinance company's resilient asset quality gives management greater confidence to lend, the analyst notes. Car and motorcycle title loans should remain the company's main drivers, while improving used-truck demand should support a resumption of truck lending. Management is more confident on asset quality after 2Q results and cut its 2026 credit-cost guidance to 200-250 basis points, from 220-280 basis points. The brokerage raises the stock's target price to 25.00 baht from 21.60 baht to reflect a base-year roll-forward, with an unchanged buy rating. Shares are 0.5% lower at 18.90 baht. (ronnie.harui@wsj.com)

0619 GMT - Nestle's $1 billion deal to sell its mainstream vitamins, minerals and supplements business to private-equity group Yellow Wood Partners should result in a minimal dilution of the Swiss food giant's earnings, J.P. Morgan analysts say in a research note. The business generated roughly 1.1% of Nestle's sales last year and was a lower-margin part of the group's portfolio, according to JPM. Nestle will keep premium vitamins, minerals and supplements brands like Solgar and Pure Encapsulations. "The combination of the mainstream and premium [vitamins, minerals and supplements] businesses brought scale and breadth of brands that had manufacturing and [route-to-market] synergies that have since become less relevant, and Nestle has emphasized the strong performance of the premium [vitamins, minerals and supplements] business," the analysts say. (adria.calatayud@wsj.com)

0556 GMT - The potential for Meituan's long-term earnings recovery appears to be overlooked by the market, says Morningstar's Chelsey Tam in a note. The Chinese food-delivery platform's earnings are improving as the delivery price war cools but its stock price performance was lukewarm after its 2Q results, likely due to a disappointing 3Q profit outlook, she says. She notes weak macroeconomics and poor weather are weighing on the travel segment, while Meituan is raising its marketing costs in the instore, hotel and travel segments to compete with rival Douyin. Still, "we think the market is overly concerned about Meituan's share loss in the in-store businesses," she says. Morningstar retains its fair-value estimate at 110 Hong Kong dollars, noting Meituan's shares seem undervalued. Shares rise 1.6% to HK$77.85. (megan.cheah@wsj.com)

0539 GMT - Archi Indonesia's 3Q earnings performance is likely to be stronger, UOB Kay Hian's Benyamin Mikael says in a research report. The main driver is higher gold sales volumes of 33,000-36,000 ounces as production ramps up at Araren and Marawuwung mining operations in Indonesia, the analyst says. The mining company expects gold production to increase 15% in 2026, supported by improved gold grades and contributions from underground mining. However, the brokerage cuts its 2026 and 2027 net-profit forecasts for the company by 13.4% and 24.9%, respectively, to mostly reflect higher cost pressures. It lowers the stock's target price to 2,200.00 rupiah from IDR2,750.00 with an unchanged buy rating. Shares are 3.5% lower at IDR1,255.00. (ronnie.harui@wsj.com)

0531 GMT - Chinese solar producers are likely to remain under pressure from industry overcapacity, exacerbated by a steep drop in China's solar installations, says Morningstar's Cheng Wang in a note. LONGi Green Energy Technology and JA Solar Technology posted 2Q losses amid declining revenue. The analyst reduces his module shipment estimates for both producers and cuts his 2028-2030 net profit projections by 12%-13% for LONGi and by 18%-33% for JA. Still, he sees the worst is behind the Chinese solar sector, as government intervention and market forces may alleviate oversupply. Morningstar trims its fair-value estimate for LONGi by 5% to 16.50 yuan and reduces JA's by 15% to 12.40 yuan. LONGi shares last 2.2% lower at 11.80 yuan, while JA shares decline 2.6% to 6.85 yuan. (megan.cheah@wsj.com)

0501 GMT - Shares of Chinese Apple suppliers could rerate faster heading into the iPhone maker's impending product launch, DBS Group Research analysts say in a commentary. They reckon unusually bullish language from Apple's new CEO is raising expectations for the Sept. 9 event and supporting sentiment toward Apple value-chain stocks. Suppliers that are likely to benefit from this year's Apple product cycle include Lens Technology, which could be an exclusive glass supplier for a potential foldable iPhone; Lingyi iTech, which could supply foldable precision components; and Sunny Optical, as Apple's next iPhone could be the first with an adjustable-aperture camera. These stocks could gain further if there are strong initial preorders of Apple products after the launch, DBS adds. (megan.cheah@wsj.com)

0500 GMT - Africa's investment in foundational digital infrastructure pays off regardless of the AI outcome, according to the PwC Global Data Centre Outlook 2026-50 report. While the region's $255 billion in cumulative capex comes slightly below its share of global GDP, it represents the lowest-risk capex, it says. South Africa leads the region with the most established data center base. Meanwhile, Kenya, Nigeria, and Ghana appear as promising emerging markets. Kenya is set to become one of the world's most sustainably powered data-center markets as its power grid is approximately 95% renewable, the report adds. (najat.kantouar@wsj.com)

0500 GMT - Europe's self-inflicted constraints weigh on artificial-intelligence infrastructure investment in the region, according to PwC Global Data Centre Outlook 2026-50 report. "The region's $5.6 trillion in cumulative capex represents a share lower than its proportion of global GDP," it says. While power constraints, planning friction, and fragmented regulation across countries explain the gap, these factors also limit acceleration, it adds. "Amsterdam's 2025 ban on new data centers, which cited land and grid limits, is illustrative rather than exceptional," it says. (najat.kantouar@wsj.com)

0500 GMT - China and India are the key drivers of incremental demand for artificial intelligence infrastructure in the Asia-Pacific region, according to PwC's Global Data Centre Outlook 2026-50 report. This is due to the countries' large populations and fast-growing digital economies, with significant room for AI to become part of business and consumer activity. "China remains one of the few markets with the scale and strategic focus to support large-scale training workloads," the report says. Additionally, the Asia-Pacific region has widest range of forecasts for AI investment, which is seen rising 69% under faster adoption and falling 34% under slower adoption. "Outcomes within the region are uneven." (najat.kantouar@wsj.com)

0746 GMT - Americas region is set to attract more data center investment than its GDP share as the U.S. remains key to the advanced-chip ecosystem, according to PwC Global Data Centre Outlook 2026-50 report. The region is estimated to account for $16.5 trillion in accumulated capital expenditures through 2050, with the U.S. alone responsible for $15.1 trillion, it says. "The Americas have the largest absolute uplift if AI accelerates, with cumulative capex through 2050 rising to $27.1 trillion, and the largest absolute shortfall if it doesn't." Meanwhile, Chile and Canada--behind the U.S.--appear as the region's main players in sustainable development, it says. While Chile has competitive renewable-energy prices, Canada's stable grid and renewable energy support U.S. hyperscaler infrastructure expansion. (najat.kantouar@wsj.com)

0714 GMT - The next wave of data center demand will be driven by buyer needs, workloads and local infrastructure, according to PwC Global Data Centre Outlook 2026-50 report. "AI has made the market more complex by ushering in a new set of buyers. Each has a different demand profile and risk mix," it says. Hyperscalers fund scale but demand speed, while enterprises provide durable demand but require deeper integration. Meanwhile, governments support domestic capacity but move at the pace of procurement and policy. Data center infrastructure requires capital expenditure to keep rising for decades as well as the revenue AI generates. Therefore, if AI adoption slows or pricing weakens, the final years of the development phase will become difficult to fund and buyers will face risks.