Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
The company said its Dual Energy THERMOCOOL SMARTTOUCH SF platform is now available in Europe, aiming to broaden access to advanced catheter-based treatment for certain cardiac rhythm disorders.
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A Reuters report carried by Yahoo Finance, citing Bloomberg, framed Meta Platforms as one of the more promising equities tied to artificial intelligence over the next two years, without detailing new company fundamentals in the excerpted coverage.
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A Yahoo Finance industry roundup assessed how wireless, cable and satellite companies fared during the first-quarter earnings season, including AT&T, as investors look for direction in consumer-focused telecommunications demand and spending.
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In a June note covered by Yahoo Finance, UBS analyst Timothy Arcuri reiterated a “Buy” view on Broadcom’s AVGO shares, arguing the semiconductor and infrastructure company remains well positioned as AI-related demand broadens.
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Advanced Micro Devices said it has reached a definitive agreement with Rackspace Technology, a move that could broaden how AMD processors are deployed in enterprise and cloud environments. Terms and technical scope were not fully detailed in the initial reporting.
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The company says the new investment is on top of its previously announced $35 billion plan and is aimed at expanding cloud and artificial intelligence infrastructure in India.
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In a June 18 note summarized by Yahoo Finance, analyst Brian Pitz reaffirmed a Buy rating for Amazon.com (AMZN), framing the stock as a potential AI-led opportunity over the next two years.
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The company says the planned spending builds on earlier India commitments and will expand cloud and artificial intelligence infrastructure, alongside new fulfillment and delivery sites.
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A widely watched bull and bear question for Oracle is whether a single, pivotal contract can provide the growth momentum investors are looking for.
