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Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.

GE Aerospace stock’s move back above the 20-day moving average draws renewed attention from traders
The Apex Times

THE APEX TIMES

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Nvidia agrees to spend up to $105 billion on an Ohio data-center campus for OpenAI
The Apex Times

THE APEX TIMES

Business / The Apex Times

Nvidia agrees to spend up to $105 billion on an Ohio data-center campus for OpenAI

A financial filing cited by Yahoo Finance says Nvidia will fund as much as $105 billion toward a new Ohio data-center campus that OpenAI is expected to lease, underscoring how deep the chipmaker’s role is becoming in building the physical infrastructure behind AI systems.

Aug 17, 10:55 AM EDT
Nvidia owns a small slice of SpaceX, while Elon Musk holds nearly half of Nvidia shares, according to a Yahoo Finance tally
The Apex Times

THE APEX TIMES

Business / The Apex Times

Nvidia owns a small slice of SpaceX, while Elon Musk holds nearly half of Nvidia shares, according to a Yahoo Finance tally

A new ownership snapshot highlights a contrast inside one of tech’s most influential partnerships: Nvidia’s CEO controls an outsized portion of Nvidia stock, while Nvidia itself holds just under 1% of SpaceX. The figures underscore how cross-company relationships can shape investor narratives, even when corporate stakes are modest.

Aug 17, 10:55 AM EDT