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Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.

Walmart leans into holiday bargain hunting with 4th of July electronics discounts of up to 86%
The Apex Times

THE APEX TIMES

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Meta jumps after report it plans to sell excess computing power, while NVIDIA slides
The Apex Times

THE APEX TIMES

Business / The Apex Times

Meta jumps after report it plans to sell excess computing power, while NVIDIA slides

Shares of Meta Platforms surged more than 11% on a report tied to the company’s plan to monetize unused computing capacity, a move that helped lift parts of the so-called “Magnificent Seven.” NVIDIA, a major supplier of AI chips and data center systems, fell in the same session.

Jul 1, 1:16 PM EDT
AMD and Marvell both pitch AI hardware leadership as quarterly results put chips at the center of the story
The Apex Times

THE APEX TIMES

Business / The Apex Times

AMD and Marvell both pitch AI hardware leadership as quarterly results put chips at the center of the story

Advanced Micro Devices reported Q1 revenue of $10.25 billion, while Marvell Technology’s latest quarter reinforced how much data-center demand and AI compute are driving the semiconductor race. With both companies tying performance to AI infrastructure, investors are left weighing execution across processors, accelerators, and networking.

Jul 1, 1:16 PM EDT