Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
Microsoft’s stock, which is down about 25% for the year, rose roughly 5% to around $371 on Friday afternoon, a bounce tied in part to signs of stabilization in the broader memory and semiconductor complex.
THE APEX TIMES
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A new player, Slate Auto, backed by Amazon founder Jeff Bezos, is drawing attention with talk of a low-price electric pickup that would directly challenge higher-priced offerings from Tesla, Rivian, General Motors and Ford.
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Netflix is scheduled to announce its second-quarter earnings next month. Analysts are expecting profits to rise by a single-digit percentage, setting up a close read of subscriber and margin trends when the company reports.
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The settlement, reported by Yahoo Finance, is aimed at resolving claims involving distribution of Disney programming on YouTube TV and DirecTV Stream. The report outlines how payouts may be determined for some subscribers, though the underlying details of eligibility were not fully specified in the available coverage.
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A change in Nike’s top finance leadership is prompting some analysts to revisit their forecasts, with at least one Wall Street view pointing toward more conservative earnings per share guidance.
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A new market analysis argues that AMD’s apparent sticker shock looks different when investors extend the forecast window, but the core issue remains whether the company can reliably produce the growth that a higher valuation assumes.
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The FCC said Verizon won wireless licenses valued at about $3.2 billion in a recent auction focused on mid-band spectrum, with AT&T, T-Mobile and SpaceX also participating, according to a report.
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The bank alleges that a private client advisor based in Florida improperly used information from his JPMorgan role to solicit clients for Morgan Stanley.
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The company has increased prices across multiple iPad and MacBook configurations, along with select home and entertainment products, as the cost of memory and storage components rises alongside demand tied to AI hardware.
