Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
The electric-vehicle maker’s stock climbed about 1% to around $332, extending a rebound that has helped narrow year-to-date losses, according to Yahoo Finance.
THE APEX TIMES
THE APEX TIMES
Micron’s stock rose on Aug. 10 despite market attention on a report that Apple has tested memory chips from China’s ChangXin Memory Technologies, a move investors may weigh for long-term supply and competitive positioning.
THE APEX TIMES
Boeing says it will sell its stakes tied to several air-mobility ventures, including Wisk Aero, SkyGrid and Insitu, and receive shares in Archer Aviation as part of a restructuring of its flying-taxi strategy.
THE APEX TIMES
A sharp market reaction to Amazon’s latest results pushed the stock to a new peak, setting off fresh arguments about whether the rally can hold without further upside.
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Amazon’s market value is trading close to the $3 trillion range while founder Jeff Bezos, according to media reports, is considering moving toward a roughly $2 billion investment that could take him to a one-third stake in Liverpool Football Club.
THE APEX TIMES
Investors reacted positively to Meta’s new Muse Glimmer AI model, described as a highly efficient 30-billion-parameter system that can run on a single GPU. The move comes as the company seeks ways to make advanced AI more practical for deployment.
THE APEX TIMES
A proposed power-and-generation project tied to Amazon’s operations in Pecos County, Texas, could be permitted to emit 33 million tons of carbon dioxide annually, according to reporting cited by Yahoo Finance.
THE APEX TIMES
Operating earnings increased to $12.98 billion, while Berkshire spent $4.5 billion repurchasing shares and, according to the report, moved into net buying equities in the quarter.
THE APEX TIMES
Ana Mahony, who previously worked at the Consumer Financial Protection Bureau, Citi and Uber, described how limited access to trustworthy guidance for her own family led her to launch Addition Wealth.
