Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A report cited by Yahoo Finance says Microsoft’s next round of layoffs, if announced, would likely be limited in size but targeted across multiple business groups, including Xbox.
THE APEX TIMES
THE APEX TIMES
The bank said it has received a conditional green light from the Office of the Comptroller of the Currency (OCC) for a proposed trust charter, an incremental step in its long-running push into regulated crypto custody.
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A new market snapshot from Yahoo Finance weighs Amazon (AMZN) against sector peers using year-to-date stock performance, a method that can highlight momentum while leaving operating details unanswered.
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A report says Meta is considering a SpaceX-style approach to monetizing AI infrastructure, potentially offering customers access to AI computing power and challenging the dominant cloud model held by Amazon and Microsoft. Meta shares rose sharply on the news.
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A market open shaped by fresh employment data and comments from Federal Reserve-related leader Kevin Warsh lifted major averages while investors watched early trading moves in names including Meta, SpaceX-linked companies, and Bloom Energy.
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A June 30 note from Wells Fargo raised its price target on Delta Air Lines to $105, from $75, placing the carrier in a Yahoo Finance list of 10 “most undervalued” U.S. stocks.
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A Morgan Stanley analyst increased Bank of America’s price target on June 29, 2026, renewing a valuation-driven debate around the country’s largest banks after the stock was highlighted in a list of “most undervalued” U.S. companies.
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Verizon said its ongoing transformation initiatives are expected to result in a severance charge connected to headcount reductions, according to a report published July 1, 2026.
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A widely followed “average brokerage recommendation” metric for McDonald's is indicating a Buy-equivalent view, according to a Yahoo Finance market note. The article also cautions that how analysts rate stocks can skew overly positive, limiting how much investors should read into the number alone.
