Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
Jane Ewing, a former Walmart executive, is set to join Nike next month as chief commercial officer, a move Nike executives said will help strengthen connections across the company as the retailer competes across direct and wholesale channels.
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In a public exchange tied to the jobs debate around artificial intelligence, Nvidia CEO Jensen Huang said he does not “see” the same outcome that Bill Gates predicted.
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The retailer says construction is set to begin soon on a new high-tech distribution facility in the state, following an announcement by Georgia Governor Brian Kemp. Walmart did not provide additional project specifics in the public report.
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As the NFL season begins, AT&T is marketing complimentary access to its Turbo Live offering at select early games, alongside a new season-pass option for fans.
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A market update says Goldman Sachs was upgraded to a Zacks Rank #1, a “Strong Buy” announcement, pointing to improving expectations for the firm’s earnings power.
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A recent market-focused outlook argues that Netflix’s future stock performance will depend less on raw subscriber growth and more on monetization, profitability, and geographic reach.
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Investor attention is turning to Tesla’s plans for robotaxi service, the start of Cybercab production, and new Optimus manufacturing lines, even as the stock has lagged over the past year.
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U.S. stock indexes finished the week higher, led by Nvidia’s strength in semiconductors even as the move did not broadly carry over to other AI-chip and hardware names. Software stocks, including CrowdStrike and Salesforce, posted outsized gains.
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A Wall Street note suggests Cisco may be moving toward a more durable growth profile, driven by expected spending on networking upgrades, artificial intelligence infrastructure needs and security programs.
