Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A broad drop in several technology names spread concerns beyond semiconductors, while UnitedHealth and other non-tech proxies drew attention for what they may announcement about market risk appetite.
THE APEX TIMES
THE APEX TIMES
A market report says Taiwan Semiconductor Manufacturing Co. plans to add another $100 billion in U.S. spending, even as it reported a 77% jump in quarterly earnings. Shares moved lower in reaction, underscoring how capex promises are being weighed against execution risk and competitive pressure in leading-edge chips.
THE APEX TIMES
UnitedHealth reported results that topped expectations in the second quarter and lifted its full-year guidance, a move that helped support shares across the broader healthcare sector.
THE APEX TIMES
A Yahoo Finance report says Anthropic, which is backed by Amazon, is in talks with banks to widen its credit lines, a move that could be aimed at bolstering liquidity before a possible public offering.
THE APEX TIMES
Shares of UnitedHealth rose before the opening bell as investors balanced concerns around Middle East developments with evidence that U.S. inflation pressures may be cooling, while chip stocks pulled back after TSMC posted record results.
THE APEX TIMES
GE Aerospace reported second-quarter EPS of $2.02 on revenue of $12.6 billion, ahead of Wall Street’s expectations of $1.86 EPS and $11.9 billion in sales.
THE APEX TIMES
A regulatory clearance connected to Tesla’s Full Self-Driving (FSD) driver-assistance system followed a fatal crash in Texas, but the news did not spark a sustained rally in TSLA shares.
THE APEX TIMES
The chipmaker said Alan Smith is joining AMD’s top technical ranks with the title of Corporate Fellow, an internal recognition tied to its GPU design work.
THE APEX TIMES
Shoppers at Foot Locker and Champs Sports can get footwear delivered either on-demand or on a scheduled basis through the Uber Eats app, with access to more than 1,000 store locations.
