Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A new Intel holding disclosed by Nancy Pelosi is putting a spotlight on the chipmaker, but recent price action appears to be driven more by investors’ growing confidence in Intel’s long-running effort to regain momentum in chips used for data centers and AI.
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Traders navigated a mixed tape with the Dow off recent highs, while the Nasdaq reversed lower again. In tech, gains at memory chipmaker Micron contrasted with weakness tied to Apple, dragging on the broader mega-cap complex.
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United Parcel Service stock closed at $109.31 on June 25, up 2.99% from the prior session, according to Yahoo Finance. The move stood out on a day when markets were generally weaker.
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What started as a social media trend is getting more retail shelf space and menu real estate, with Target adding a dirty soda option alongside what the report describes as a hidden drinks list for shoppers.
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A market report points to June 29 as the date Verizon’s shares leave the Dow Jones Industrial Average, a change that can ripple through passive investment products and broader trading expectations.
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Amazon (AMZN) closed at $227.01, down 3.1% on the day, in a move described as a steeper decline than the overall market.
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BRK.B ended the day down 1.41%, underscoring how even defensive, buy-and-hold reputations can wobble with market-wide sentiment.
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Apple’s stock ended the latest session at $275.15, a drop of 6.12% versus its prior close, according to market tracking cited by Yahoo Finance.
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The snack and beverage maker’s stock slipped 1.93% in the most recent trading day, according to the latest market recap.
