Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
Verizon’s 22-year stretch in the Dow Jones Industrial Average is set to end on June 29, according to a Yahoo Finance report, as the 30-stock benchmark makes room for a new member linked to the AI application boom.
THE APEX TIMES
THE APEX TIMES
A Yahoo Finance report says Amazon could soon offer its own custom AI chips to customers. If true, the change would broaden the competitive set facing Google in cloud and AI infrastructure, where chip access and performance are increasingly central.
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A report says the company is developing a new app that would let users trade on the outcomes of events, an idea that would put Meta closer to the fast-growing prediction-market space dominated by firms like Polymarket and Kalshi.
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A market report on Apple’s latest results points to an unusual driver of potential upside, suggesting the most important story may be sales that were constrained rather than strictly sales that were achieved.
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In its quarter ended May 2026, FedEx reported top- and bottom-line results that set the tone for its outlook, but market attention is turning to how specific operating metrics lined up with Wall Street expectations.
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The delivery and logistics company reported results attributed to growth in package volumes and “yields,” as it continues to emphasize higher-margin services tied to premium parcel and freight.
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A recent market column framed AST SpaceMobile’s satellite broadband ambitions against GE Aerospace’s legacy jet-engine and services business as two very different bets, one tied to building out a communications network and the other tied to long-running aircraft power demand and aftermarket revenue.
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The automaker is reportedly seeking rights for a product called “Megapod,” a move that, if it materializes, could expand Tesla’s role from vehicle maker to provider of compute infrastructure for artificial intelligence workloads.
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The company says the new company-wide program aims to rework restaurant operations around automated food preparation and smoother ordering, while also emphasizing customer-facing enhancements.
