Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
Alphabet’s shares rose after the company’s move into the Dow, helping stabilize a broader stretch of weakness for technology stocks as investors position for the end of the quarter.
THE APEX TIMES
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A fresh market report said investors are bracing for Nike’s upcoming earnings and reacting to an abrupt management-development headline tied to CFO Matthew Friend stepping down.
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Tesla rose more than 3% on Monday after a weak prior week, with investors looking ahead to the company’s second-quarter deliveries report this week.
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A new report says Costco has been adjusting how it sells and markets to encourage members to come back more often, even though the club’s bulk format can reduce the need for frequent trips.
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The cable and media giant said it wants to reorganize into a pair of publicly traded businesses, a move analysts say could change the balance of power in media transactions.
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Alphabet’s shares traded higher alongside other technology and software names as investors weighed fresh comments tied to Iran, according to Yahoo Finance’s market wrap.
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The automaker said it hired experienced specialists over three years after automated, AI-based quality control systems were unable to resolve certain production issues.
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Micron Technology’s latest results, headlined by a record fiscal quarter and very high gross margin, put renewed focus on where supply-chain leverage sits in the AI hardware stack. The backlash burden, however, can fall on the consumer-facing brands like Apple even when component makers set the economics.
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The reported acquisition of the small-business video and advertising platform outlines how major retailers are trying to expand their “retail media” networks beyond e-commerce and into streaming TV.
