Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A new market analysis compares Tesla’s latest decline to major historical selloffs for the stock and argues the drop edged past the company’s worst peak-to-trough moves even as the broader market recovered over the past year.
THE APEX TIMES
THE APEX TIMES
A new piece from Yahoo Finance uses a $1,000 investment scenario to illustrate how Nvidia (NVDA) has rewarded long-term holders, while underscoring the importance of split-adjusted pricing in return calculations.
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A report says Apple is seeking approval from the White House to use memory chips made by China’s CXMT in certain devices sold in China, as an AI-driven component shortage forces manufacturers to revisit supply plans.
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In a market update published Wednesday, Yahoo Finance said BlackRock reached an agreement with unions related to hiring and training for artificial intelligence-linked construction projects. The company’s and union’s statements were characterized as part of a recent press release, but key deal terms were not included in the report.
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The leadership change at ConocoPhillips comes as the company targets $7 billion in free cash flow by 2029, according to a report published Tuesday.
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A reported consortium led by Amazon founder Jeff Bezos is understood to be closing in on a transaction that would give it a roughly 33% position in Fenway Sports Group’s Liverpool Football Club asset.
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A market-focused report says Microsoft intends to increase production of its homegrown artificial intelligence chips in 2027, underscoring how much the company’s cloud AI strategy depends on custom silicon.
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A proposed large equity raise rattled Intel investors, but the broader chip group largely shrugged, underscoring how much the market distinguishes between balance-sheet moves and company-specific expectations.
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HP Enterprise shares were up about 5% in pre-market trading after Morgan Stanley upgraded the stock, arguing the company’s outlook has become more compelling.
