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

Meta’s reported cloud push lifts shares, marking its best week since early 2024
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Lockheed Martin wins $10.5 billion SOCOM logistics-and-sustainment contract and opens a London venture office
The Apex Times

THE APEX TIMES

Business / The Apex Times

Lockheed Martin wins $10.5 billion SOCOM logistics-and-sustainment contract and opens a London venture office

The award, described as a 12-year global sustainment and logistics contract, is positioned by the report as one of the biggest service vehicles for U.S. Special Operations Command worldwide support. Lockheed Martin also announced a new venture office in London, indicating continued expansion beyond U.S. defense prime work.

Jul 17, 12:24 PM EDT
Netflix tops Wall Street expectations again, but shares fall sharply
The Apex Times

THE APEX TIMES

Business / The Apex Times

Netflix tops Wall Street expectations again, but shares fall sharply

Even after beating earnings estimates, Netflix stock slid about 12% in the latest session, underscoring how investors are weighing subscription momentum and forward guidance more than a single quarter’s results.

Jul 17, 12:24 PM EDT
Tesla merger hopes with SpaceX meet a reality check as AI progress stays unclear
The Apex Times

THE APEX TIMES

Business / The Apex Times

Tesla merger hopes with SpaceX meet a reality check as AI progress stays unclear

Investors have been weighing the possibility that Tesla and SpaceX could move closer together, but a Reuters-style thesis does not appear to be materializing in ways that the market can verify. Tesla’s own progress on AI initiatives remains harder to pin down, leaving the company’s valuation story in limbo.

Jul 17, 12:10 PM EDT