Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A report says Meta is in talks that would move parts of its in-house AI accelerator production to Samsung’s 2-nanometer process, potentially changing a key link in its AI supply chain.
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A new report says China’s DeepSeek is working on an in-house chip for running AI models, a move that could reduce dependence on external accelerators such as Nvidia’s.
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A report says Microsoft is cutting thousands of roles and reshaping parts of its Xbox business, a move that underscores how uneven demand and cost discipline are colliding with the company’s faster pivot toward AI.
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The memorandum points toward a joint venture and a Europe-based manufacturing and integration hub for the U.S.-built battlefield rocket system, backed by U.S. and German government support.
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The asset manager said it intends to launch an iShares Nasdaq 100 ETF, offering investors an exchange-traded way to track the Nasdaq 100, with the proposed fund carrying the ticker IQQ.
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A recent market analysis argues that Alphabet’s re-rating has less to do with core Search strength and more with a shift in cloud growth, margins, and contract backlog linked to enterprise AI services.
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The new product is set to begin trading Thursday, with BlackRock positioning it to capture investor demand for large-cap growth and AI-linked market momentum.
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A report says Meta is considering a neocloud style business that would sell surplus AI compute, intensifying competition concerns for AI infrastructure providers whose main customers may move in-house.
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In a court filing reported by Yahoo Finance, Meta said four states are pursuing record financial penalties tied to a youth safety trial, putting significant legal risk around the company’s advertising-driven social platforms.
