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Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.

Ark Invest cut its AMD position by $11.8 million in a single day, extending a reported July selling spree
The Apex Times

THE APEX TIMES

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Meta likened to SpaceX on data-center buildout, portfolio manager says
The Apex Times

THE APEX TIMES

Business / The Apex Times

Meta likened to SpaceX on data-center buildout, portfolio manager says

In a market commentary focused on capital spending and infrastructure pace, a portfolio manager argued Meta now resembles SpaceX more than before, pointing to aggressive expansion of data-center capacity and unusual levels of reinvestment.

Aug 3, 4:39 PM EDT