Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
The world’s largest asset manager reported stronger-than-expected results, citing record client inflows and pushing assets to fresh highs, prompting an early bounce in BlackRock’s stock.
THE APEX TIMES
THE APEX TIMES
Oil prices pushed past $80 a barrel on renewed U.S.-Iran-related news, while investors weighed chip-equipment strength tied to AI demand and company-specific reactions around earnings, including Morgan Stanley.
THE APEX TIMES
A recent Yahoo Finance analysis estimates that an investor would need more than 100 shares and fewer than 200 shares of Costco stock to collect $1,000 in yearly dividends.
THE APEX TIMES
The firm reported a sharp increase in quarterly profit alongside higher assets under supervision, citing both net inflows and market appreciation.
THE APEX TIMES
Apple’s on-device artificial intelligence system has cleared China review for release, bringing Alibaba Group’s Qwen AI into iPhone experiences, according to a report.
THE APEX TIMES
A new youth AI safety report says artificial intelligence tools embedded in Alphabet’s Google Search may create unsafe outcomes for minors, adding to mounting scrutiny of how consumer AI is handled for young users.
THE APEX TIMES
In remarks carried by Bloomberg and republished by Yahoo Finance, Madison Faller of JPMorgan Private Bank said the investment opportunity in artificial intelligence extends well beyond the largest technology companies.
THE APEX TIMES
AdvanCell Pty, a biotechnology company supported by Eli Lilly and Co., has secured $315 million in new financing to advance an experimental cancer therapy, highlighting continued investor appetite for early-stage oncology science.
THE APEX TIMES
The asset manager said it drew $192 billion of net client cash in the quarter, driven largely by investor interest in exchange-traded funds, pushing total assets above $15 trillion for the first time.
