Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A weak streak in Palantir Technologies stock intensified after the shares slipped below a widely watched technical level, setting up what traders could see as its worst monthly decline in five years.
THE APEX TIMES
THE APEX TIMES
The company tapped Pfizer’s former finance chief David Denton to lead its financial organization, while reiterating that investors should not expect a faster turnaround timeline based on the leadership change alone.
THE APEX TIMES
Verizon Communications is set to exit the Dow Jones Industrial Average, a shift that would leave the blue-chip index without “traditional telecom” representation. Even as the name moves out, Verizon’s dividend yield is again in focus for shareholders seeking cash returns.
THE APEX TIMES
Intel stock has jumped about 570% over the past year, after a partnership involving Apple drew attention from markets. Still, the question for traders and long-term investors is whether the recent run reflects durable operating change or near-term enthusiasm.
THE APEX TIMES
The companies announced a multi-year, multi-generation agreement covering future generations of Qualcomm Technologies’ data center processors, as both sides continue expanding compute infrastructure for AI and other workloads.
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The chipmaker says it is expanding its portfolio for AI workloads in data centers as rivals push deeper into high-performance accelerators, raising the stakes for Nvidia’s dominance in the sector.
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Uber says it is bringing additional retail merchants onto its Uber Eats platform, a shift that appears to be resonating with investors.
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A family is suing Tesla, arguing that features marketed for assisted driving played a role in a fatal crash in Texas.
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Yahoo Finance reports Wedbush is calling for a potential doubling of Palantir’s stock over the next year, tying the outlook to a broader AI-driven market narrative around the data-and-analytics firm.
