Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A sharp decline in Berkshire Hathaway’s after-tax underwriting results in the second quarter points to softer performance in the insurer-heavy part of the conglomerate, according to a market report published Tuesday.
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The planned sale, which would amount to about $20 billion based on the disclosed price and share count, is scheduled for August 12 and would add to Intel’s capital resources at a time of heavy spending across chip manufacturing and AI infrastructure.
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In a post-earnings discussion for investors on Aug. 11, AMD said data center revenue doubled and it reached record profitability, prompting an increase to its guidance.
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The General Motors and SAIC Motor partnership in China is set to run through 2047, with new commitments around launching “new energy vehicles” and leaning on China-developed technology.
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Investors are eyeing Aug. 20 as Walmart’s earnings report date, a move that could drive fresh momentum in the stock after months of positioning around consumer spending and costs.
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The fast-food giant says it is launching a new, unusual collaboration tied to collectible-themed Happy Meal experiences for U.S. customers, leaning into the merchandising power of major entertainment brands.
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The company said it will pay rewards for information leading to arrests and convictions in cases where vandalism has disrupted service for thousands of customers.
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Alphabet’s Google has filed an amended complaint alleging that SerpApi continued to bypass efforts meant to stop the scraping of Google’s search results.
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The latest trading move leaves investors focused on near-term demand and guidance sensitivity, even as the stock’s decline appears tied to wider market weakness.
