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Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.

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Jamie Dimon says AI will not replace some high-paying jobs that do not require a college degree

In remarks highlighted by Yahoo Finance, JPMorgan Chase’s CEO, Jamie Dimon, argued that certain well-paid roles still rely on hands-on skills and cannot be automated in the same way as many office tasks. The comments feed a broader debate on how generative AI may reshape hiring requirements and workplace training across finance and beyond.

The Apex Times / Jul 17, 7:39 AM EDT / 1 min read

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Jamie Dimon says AI will not replace some high-paying jobs that do not require a college degree

The Apex Times / Jul 17, 7:39 AM EDT

Group 1 Automotive moves Rivertown Toyota branding under its name in Columbus

The Apex Times / Jul 17, 7:24 AM EDT

ConocoPhillips agrees with bp to support redevelopment of producing oil fields in Iraq

The Apex Times / Jul 17, 7:24 AM EDT

Sodexo wins Meta food services contract covering 130+ locations across 30+ countries

The Apex Times / Jul 17, 7:24 AM EDT

Report: Meta’s push into cloud sparks talent raid fears at AWS

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WallStreetBets chatter points to a weaker open for Netflix and other popular names, according to Yahoo Finance

The Apex Times

THE APEX TIMES

Business / The Apex Times

WallStreetBets chatter points to a weaker open for Netflix and other popular names, according to Yahoo Finance

A roundup of the stocks drawing attention on Reddit’s WallStreetBets was mostly negative going into Friday, with Netflix and SpaceX among the names flagged for declines.

Jul 17, 7:09 AM EDT

Chamath Palihapitiya argues Meta and Elon Musk’s AI push could break the “$50 barrel of intelligence” pricing model

The Apex Times

THE APEX TIMES

Business / The Apex Times

Chamath Palihapitiya argues Meta and Elon Musk’s AI push could break the “$50 barrel of intelligence” pricing model

The venture capitalist says leading AI labs are charging steep premiums, and that cheaper, high-performance models could force a rethink of pricing and competitive strategy across the industry.

Jul 17, 6:54 AM EDT

Netflix shares slide after third-quarter guidance underwhelms Wall Street

The Apex Times

THE APEX TIMES

Business / The Apex Times

Netflix shares slide after third-quarter guidance underwhelms Wall Street

Investors reacted sharply to Netflix’s outlook for the current quarter, sending the stock lower in pre-market trading after the company’s revenue and earnings guidance fell short of consensus expectations.

Jul 17, 6:54 AM EDT

Yahoo Finance revisits Buffett’s 2014 index-fund pitch with a Vanguard ETF “$5,000 then, what now” scenario

The Apex Times

THE APEX TIMES

Business / The Apex Times

Yahoo Finance revisits Buffett’s 2014 index-fund pitch with a Vanguard ETF “$5,000 then, what now” scenario

The article ties Warren Buffett’s long-running endorsement of low-cost index investing to how a hypothetical $5,000 allocation to a Vanguard exchange-traded fund could have grown over time.

Jul 17, 6:54 AM EDT

Elon Musk’s natural-gas narrative resurfaces, drawing energy investors back to an old fuel

The Apex Times

THE APEX TIMES

Business / The Apex Times

Elon Musk’s natural-gas narrative resurfaces, drawing energy investors back to an old fuel

A recent Yahoo Finance analysis argues that natural gas remains central to today’s energy system and that Musk-associated investments can influence expectations for future demand. Investors are watching whether those expectations spill over into energy stocks.

Jul 17, 6:54 AM EDT

JPMorgan’s Jamie Dimon celebrates record profits, then tells investors the mood is starting to feel like past crash eras

The Apex Times

THE APEX TIMES

Business / The Apex Times

JPMorgan’s Jamie Dimon celebrates record profits, then tells investors the mood is starting to feel like past crash eras

Speaking after JPMorgan Chase reported results described as record-setting, Chairman and CEO Jamie Dimon framed the quarter as near peak performance while warning that market stress can return faster than investors expect.

Jul 17, 6:54 AM EDT

Netflix Shares Slide, SpaceX Launch Scrub Chills Risk Appetite as Dow Futures Weaken

The Apex Times

THE APEX TIMES

Business / The Apex Times

Netflix Shares Slide, SpaceX Launch Scrub Chills Risk Appetite as Dow Futures Weaken

Market futures fell as Netflix dropped sharply and a SpaceX Starship launch was scrubbed, while some artificial-intelligence related stocks, including SanDisk, tried to stabilize after a broader selloff.

Jul 17, 6:54 AM EDT

GameStop expands delivery reach by adding products to Uber Eats

The Apex Times

THE APEX TIMES

Business / The Apex Times

GameStop expands delivery reach by adding products to Uber Eats

The retailer says its video game offerings, including consoles and accessories, will be available through Uber Eats for on-demand delivery nationwide.

Jul 17, 6:39 AM EDT