Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
The jet-engine maker reported a stronger-than-expected quarter and raised its full-year outlook, forecasting higher adjusted earnings per share after revenue grew sharply.
THE APEX TIMES
THE APEX TIMES
Futures weakened as investors reacted to sharp losses in memory-related stocks and a selloff tied to TSMC’s earnings, a mix that helped pressure the broader semiconductor complex including NVIDIA’s supply chain exposure.
THE APEX TIMES
The Wall Street firm’s updated view points to a more optimistic long-term valuation path for Tesla, even as it did not change its underlying stock rating.
THE APEX TIMES
The investor said he initiated the Alphabet investment and remains supportive even as Alphabet increases spending tied to artificial intelligence, despite Buffett’s broader preference for other businesses within Berkshire’s portfolio.
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The streamer says the series drew thousands of workers and a large pool of local suppliers across multiple cities in Brazil as it filmed the show.
THE APEX TIMES
The Toronto-based packaged-food company expands distribution of its refrigerated vegetable blend line into Kroger banners and additional Target locations, citing a new retail footprint milestone.
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The acquisition would expand Lilly’s mental-health footprint as the drugmaker continues to pursue external growth.
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In a fresh comment, BlackRock’s chief executive said the cryptocurrency market has improved as excess leverage is being unwound.
THE APEX TIMES
Uber has agreed to acquire Delivery Hero in a deal valued at €41.50 per share, aiming to expand its combined marketplace to 99 markets and more than $236 billion in gross bookings.
