Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
The Oracle selloff during June follows the company’s most recent earnings release, with market commentary pointing to worries about spending and the outlook for near-term profitability.
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A selloff in telecom shares is reviving fears that SpaceX’s Starlink could compete meaningfully with Verizon’s core wireless business. One Wall Street view, however, argues the immediate threat is being priced too aggressively.
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The electric-vehicle maker said its AI-driven robo-taxi service has begun operating in Miami, sending Tesla stock up about 6% in Monday trading.
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Coca-Cola (KO) is scheduled to report second-quarter results on July 28. Ahead of that catalyst, the market is weighing what the company can deliver at elevated share prices.
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Toyota Motor North America says it will expand its Toyota Texas manufacturing campus, shifting Tacoma production to San Antonio over about four years as the company doubles the site’s footprint by 2030.
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The company says it will expand its Toyota Texas campus by 2.5 million square feet and shift Tacoma production from Mexico over about four years.
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Broadcom said it has brought a custom AI chip, designed in partnership with OpenAI, into the spotlight, but the market reaction has remained cautious.
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Ford shares rose alongside Micron amid reports that the automaker has signed a major long-term memory supply pact, a step framed as part of a broader push by U.S. memory suppliers to deepen relationships with big automakers.
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A new financing-style arrangement tied to cloud revenue, announced alongside projects in Indonesia and Australia, underscores NVIDIA’s shift from selling chips alone to shaping how AI infrastructure is funded and monetized.
