Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
Starbucks (SBUX) settled at $99.82, down 1.83% from the prior close, indicating pressure on the coffee retailer’s stock even as market moves remained mixed.
THE APEX TIMES
THE APEX TIMES
Speaking with The Wall Street Journal, Apple CEO Tim Cook said price increases are coming and described them as largely unavoidable, raising questions about how the iPhone maker may respond to ongoing cost and demand dynamics.
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A recent market roundup weighs Mastercard’s high, established profitability against Remitly’s shift into profitability alongside faster revenue growth, framing the tradeoffs around risk, growth durability, and valuation assumptions.
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Investors appeared to refocus on data center build-outs, betting that demand for custom AI chips and optical networking gear could translate into firmer sales for Marvell.
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Morgan Stanley’s stock gained about 2.6% in the afternoon session after its investment management arm, working alongside partner Ridgeback Group, announced an acquisition tied to the UK market, according to a market report.
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The bank lifted its AMD price target to $575, arguing the market is underestimating demand for AI infrastructure tied to Meta and a fast-expanding category of “agentic” AI workloads running on data-center processors.
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A recent market note said GE’s stock is trading about 2% above a “fair value” estimate following a strong move, reigniting debate over whether current prices already reflect the company’s next fundamentals.
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Apple CEO Tim Cook said rising memory chip costs are making consumer price increases “unavoidable,” a announcement that product pricing could face continued pressure as the industry’s supply-demand balance for memory chips remains tight.
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A Yahoo Finance roundup of first-quarter results for air freight and logistics stocks highlighted United Parcel Service (NYSE:UPS) as one of the outperformers, pointing to how investor attention has shifted toward earnings quality, operating discipline, and demand visibility across the sector.
