Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
The conversational AI vendor said it was recognized again by Meta, highlighting the role third-party solution partners play in delivering AI-powered products across the company’s family of platforms.
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A new Ireland project highlighted in a market report points to Intel’s push to scale semiconductor manufacturing tied to artificial intelligence compute demand, as the company pursues a broader turnaround.
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The cable and broadband provider reached an agreement to resolve claims tied to a cybersecurity incident that affected Xfinity customers and allegedly exposed personal information.
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The nation’s largest retailer says it is lowering prices on a wide set of everyday foods as part of a “rollback” effort aimed at groceries, including items such as ground beef, corn on the cob, cherries and soda multipacks.
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A recent market note from Yahoo Finance points to a 116% total return over five years for General Dynamics and says both discounted cash flow estimates and earnings multiples imply the stock could be trading below what the company’s fundamentals justify.
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A recent market report points to improving smartphone shipment momentum for Apple that runs counter to a broader downtrend in the industry, setting up investor focus on what the next earnings results will show.
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A second-quarter profit described as the strongest on record helped lift JPMorgan Chase shares this week, reviving investor attention on the drivers behind bank earnings: lending margins, credit trends, and trading performance. The post did not provide granular segment results or a full bridge of factors.
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A recent market analysis argues Exxon Mobil’s current share price looks more forgiving than it does at first glance, but only under a specific scenario for future earnings.
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Analysts at Bank of America forecast Advanced Micro Devices will deliver a stronger-than-expected quarter, pointing to expanding demand for AMD’s EPYC processors and AI-focused accelerators used in data centers.
