Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
Adjusted earnings topped Wall Street expectations, with the bank citing a surge in deal activity tied to high-profile initial public offerings.
THE APEX TIMES
THE APEX TIMES
Bank of America pointed to nearly $3.3 billion of earnings from its consumer business, arguing that everyday spending has held up even as inflation and tighter monetary-policy risks weigh on households.
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Delta Air Lines will expand access to sustainable aviation fuel across multiple U.S. hubs under a five-year agreement with Shell Aviation, supported by infrastructure for delivery, blending and logistics.
THE APEX TIMES
In a response to claims at the center of an AI-related legal dispute, OpenAI rejected Apple’s assertions that trade secrets were taken, arguing there is no supporting evidence for the lawsuit’s allegations.
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Broadcom’s AVGO shares are being met with bullish sentiment on Wall Street, where an average of analysts’ price targets suggests the stock could rise roughly a third from current levels. Yet even the article raising the alarm flags doubts about how reliable those targets can be.
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A market preview says AT&T’s next results could land above expectations, citing a mix of conditions associated with earnings growth and a potential beat.
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A preview ahead of Alphabet’s upcoming report points to conditions that, in analyst framing, could support a stronger-than-feared quarter, but details on drivers and guidance remain the key unknowns.
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A recent market note points to conditions that could help Alphabet post an earnings beat, but details on forecasts and catalysts were not disclosed in the post itself.
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A preview ahead of Tesla’s next scheduled results suggests analysts expect earnings to rise, setting the bar for what could be a consequential print for the electric-vehicle sector.
