Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A reported legal push by Apple is drawing additional former AI personnel into its trade-secrets fight, underscoring how closely the smartphone maker is trying to guard its artificial-intelligence work.
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A risk-off move that began in Japan’s technology market spread to U.S. shares, pulling down major AI chip names including Nvidia and Advanced Micro Devices.
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A report on AMD’s latest AI-focused push highlights its MI500 accelerators, with any additional customer wins seen as a potentially outsized driver for sentiment.
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The beverage giant said unauthorized access to systems briefly disrupted operations for its Fairlife products in the United States, while it reported that product quality and safety were not affected and that Canadian production continued.
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A fresh market note pointed to new artificial intelligence capabilities as a reason some investors may view Apple’s next device cycle more favorably, even as the company has not offered detailed guidance in the coverage.
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The streaming company’s latest outlook, shared around its update to investors, pointed to softer momentum than analysts were looking for, pushing shares down sharply in after-hours trade.
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In a note to clients cited by Yahoo Finance, HSBC upgraded Apple and said the company’s next phase of product releases should be stronger than investors may be pricing in.
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The U.S. planemaker said it is targeting a large aircraft deal with SMBC, with Farnborough Air Show timing a pressure point as Airbus pursues comparable business.
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Investors are watching whether AMD can convert its AI roadmap into concrete customer adoption and stronger revenue terms, not just faster chip performance.
