Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
The defense contractor said it successfully ran a hot-fire test of the second stage of an advanced large solid rocket motor tied to the U.S. Missile Defense Agency’s Next Generation Interceptor program.
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A new report says Microsoft is preparing to make a larger share of the specialized chips used to train and run artificial intelligence workloads, as AI computing expenses pressure the market.
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The defense contractor reported that a static-fire test for the Next Generation Interceptor’s Stage 2 motor completed successfully in a high-vacuum chamber that simulates key flight conditions.
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A new round of Wall Street commentary, highlighted by Yahoo Finance, points to Home Depot’s growth opportunities tied to its online presence and its Pro (professional customer) strategy.
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The famed value investor added new out-of-the-money put exposure on Palantir, indicating continued skepticism even as the market’s enthusiasm around artificial intelligence has kept upward pressure on many growth and software names.
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An analyst at Jefferies downgraded Apple from hold to underperform and reduced its price target, citing concerns that Apple may move away from an all-glass iPhone direction.
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Nvidia said it will partner with large financial companies on a $500 billion financing effort aimed at expanding AI infrastructure. The announcement helped lift shares of some financial and market-services firms trading alongside the news.
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Tesla shares bounced roughly 6% last week, underlining how much trading momentum in the stock can still be driven by retail participation even when Wall Street sentiment softens.
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A recent market summary highlights that Adobe’s shares have underperformed the broader market over the last year, and that many Wall Street analysts still see limited upside until the company shows clearer momentum.
