Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A market note from RBC pointed to strong rail volumes as the likely driver of better-than-expected earnings outcomes for Canadian National Railway, CSX and Union Pacific.
THE APEX TIMES
THE APEX TIMES
The home solar and storage installer said it would work with Tesla and Renew Home to provide power targeting data centers and utilities across the United States, sending its shares up as much as 31% on the news.
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The companies unveiled what OpenAI says is its first purpose-built artificial intelligence chip, developed with Broadcom, as the race to tailor hardware to AI workloads intensifies.
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Pfizer said the U.S. Food and Drug Administration has approved an IBRANCE-based regimen as a maintenance option for people with hormone receptor-positive, HER2-positive metastatic breast cancer, paired with trastuzumab and optionally pertuzumab.
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A June 24 market report pointed to Nvidia indicating a more favorable earnings trajectory, a read-through that could lift expectations across holdings in the VanEck Semiconductor ETF, SMH.
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The carrier is bringing part of its MD-11 fleet back into service after a multi-month pause, while also reducing capacity by removing 10 aging aircraft from operations.
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A framework described by Yahoo Finance would combine residential batteries and smart thermostats to bid dispatchable capacity for hyperscalers, positioning customer-installed devices as grid resources.
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A report citing Bloomberg says Goldman Sachs’ stock-trading business is on track for more than $5 billion in revenue in the second quarter, raising the odds of a third consecutive record quarter.
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A new discussion reviewed by 247wallst argues that even the most famous long-term investor, Warren Buffett, may not have matched broader market gains during his most recent 24-year stretch at Berkshire Hathaway.
