Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A new line of speculation about Apple’s iPhone strategy is raising a practical question for consumers and margins alike: how high would prices need to go if the company sells fewer iPhone models.
THE APEX TIMES
THE APEX TIMES
Tim Cook is scheduled to step down on Sept. 1 after nearly 15 years as Apple’s chief executive, capping a tenure that, according to market coverage, saw Apple stock more than triple the gains of the S&P 500.
THE APEX TIMES
A fresh look at Palantir’s market value and U.S. defense momentum suggests investors may be recalibrating expectations around government deployments, not retreating from them.
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In a CNBC interview, Eli Lilly’s chief executive said the company’s recent deal and investment activity is aimed at extending the durability of its obesity franchise and using related technologies to target other diseases through the 2030s, while acknowledging that not every bet will succeed.
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In a note carried by Yahoo Finance, Piper Sandler pointed to Amazon Web Services as a continuing growth engine and maintained a $320 target for AMZN.
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Investors weighed competing effects of higher interest rates for a money-center bank, with analysts noting stronger net interest income potential alongside renewed stress risks for revolving-credit borrowers.
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Investors are treating cheaper-to-own retail as a buffer again, after a sharp move in crude oil toward $90. The shift could help Walmart capture shoppers “trading down,” but higher fuel and inventory costs also pose a risk to the cash profits that support its valuation.
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The pet healthcare diagnostics company said CEO Mike Erickson and other leaders will participate in upcoming investor meetings tied to Morgan Stanley’s annual healthcare event.
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Ahead of its next results, Broadcom faces heightened attention from options traders and market participants seeking clues about chip demand, margins, and guidance. The size of the stock move implied by derivatives is expected to be unusually large, according to a report from Investopedia.
