Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A recent market commentary argues that the core reason Berkshire Hathaway (BRK.B) could keep American Express for decades under CEO Greg Abel is the credit card company’s ability to attract and retain customers across generations.
THE APEX TIMES
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As Coinbase prepares to report quarterly results, its executives are also urging lawmakers to advance a bill that would narrow the role of securities regulators for many crypto trades.
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The defense contractor said its second-quarter results improved across its three business segments, with international revenue contributing to the year-over-year lift, according to a report of the company’s earnings call.
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Investors reacted to Meta’s comments around a tempered near-term view of its AI and cloud opportunity, with the company indicating it is still weighing different approaches for its cloud business.
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In a late July note, Bank of America analysts reportedly flipped their stance to favor Chevron relative to Exxon Mobil, a move that highlights the sensitivity of oil-sector sentiment to near-term assumptions.
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Meta Platforms reported Q2 2026 results with revenue rising to about $60.80 billion, but net income fell to about $15.85 billion and diluted EPS dropped to about $6.18, a mix that the market punished amid continued spending on AI infrastructure and systems.
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A market update cited by Yahoo Finance/Stocktwits said BlackRock has a roughly 7% stake in Ondas, while traders continue to focus on high short interest that can amplify price swings.
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In a call following third-quarter results, Starbucks pointed to progress under its “Back to Starbucks” plan and said full-year 2026 earnings per share will land in a higher range, with guidance lifted to $2.55–$2.65.
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In comments tied to its latest earnings discussion, Microsoft highlighted a record year for revenue, with Azure revenue pushing past $100 billion and AI-related demand continuing to exceed supply.
