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

Costco updates are aimed at fixing the pain points members care about most, analysts say
The Apex Times

THE APEX TIMES

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Apple jumped in July, but a Nasdaq-100 covered-call ETF tied to big-cap names fell: the trade-off behind so-called “income” returns
The Apex Times

THE APEX TIMES

Business / The Apex Times

Apple jumped in July, but a Nasdaq-100 covered-call ETF tied to big-cap names fell: the trade-off behind so-called “income” returns

Apple shares gained about 15% in July, but investors holding Global X Nasdaq-100 Covered Call ETF (GPIQ) reportedly lost about 6%. The divergence highlights the mechanics of covered-call strategies, where selling call options can mute upside and create a “hidden” cost for investors expecting equity-like performance.

Aug 2, 5:59 PM EDT