Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
In a market note carried by Yahoo Finance, Morgan Stanley argues that building out AI data centers will run into electricity constraints, creating a potential demand tailwind for industrial companies positioned to supply power and grid equipment.
THE APEX TIMES
THE APEX TIMES
Walmart reported results that topped analyst expectations, but investors focused on weaker-than-expected growth in comparable sales at its U.S. Walmart stores, pushing the stock lower in premarket trading.
THE APEX TIMES
U.S. stock index futures were steady as investors digested another wave of corporate earnings and analyst notes, with Deere moving higher after a reportedly upbeat quarter and Wolfspeed dropping on weaker sentiment.
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The quantitative trading firm is partnering with CoreWeave under a multi-year agreement, using NVIDIA’s Vera Rubin NVL72 infrastructure on the cloud to support next-generation research computing.
THE APEX TIMES
The retailer reported results that beat expectations, yet pointed to softer momentum in the United States, with U.S. same-store sales described as the weakest in six years. Shares fell after the outlook was issued.
THE APEX TIMES
Walmart’s growth remains supported by online sales, membership perks and advertising, but the company’s pace of overall sales expansion flagged, sending shares lower in premarket trading.
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In a public discussion covered by Yahoo Finance, venture capitalist Chamath Palihapitiya argued that Mark Zuckerberg understands why top engineers may be drawn more to companies seen as leaders in space, search or artificial intelligence than to Meta’s advertising-first identity.
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A strategic partnership unveiled Aug. 3 pairs Mercury Systems’ factory and hardware expertise with Palantir’s software to automate material planning and operations for U.S. military programs, raising questions about whether the initiative could announcement a broader hardware execution push at a critical time for defense suppliers.
THE APEX TIMES
A sudden run in Moderna’s stock is fueling renewed interest in the Boston biotech’s ability to pursue targeted deals, with one market report pointing to four potential acquisition candidates now “within reach.”
