Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
The U.S. telecom operator says it will pay BT 625 million as the two companies combine their international telecom operations into a new venture valued at about 4 billion, according to a report.
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Bank of America said it has renewed a multi-year partnership with the Kansas City Current, while market coverage also reported that Citi raised its price target on Bank of America shares.
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A recent note highlighted The Coca-Cola Company (KO) as Morgan Stanley’s preferred idea in the U.S. beverage sector, positioning the shares as a standout amid steady demand for packaged drinks.
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Moody’s said it has expanded the way it delivers data services by integrating with Amazon Quick, an “agentic” artificial intelligence assistant. The move highlights how analytics and ratings firms are using cloud AI to turn long-held datasets into more interactive products.
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Chevron Corporation said it chose Texas Pacific Land Corporation to secure land access and brackish-water resources for a development described as supporting Microsoft’s Project Kilby. The companies provided limited detail on the scope, timing, and commercial terms.
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A fresh market note ties Meta’s stock story to billionaire Dan Loeb’s longer-term view of growth, even as recent reporting says the Trump administration has been pressing Meta over artificial intelligence.
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NiSource said the Indiana Utility Regulatory Commission has approved the full legal and regulatory framework tied to an Amazon data center buildout, a step that could remove a major procedural hurdle for the expansion.
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Alphabet priced and upsized a massive equity capital raise on June 2, according to Yahoo Finance, reaching $84.75 billion and positioning it as the largest US corporate equity offering on record.
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A Financial Times report cited by Yahoo Finance says NVIDIA AI chips that are banned for sale in China have roughly doubled in price on the underground market, underscoring the enforcement pressure around advanced semiconductor exports.
