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

Oracle shares tumble after upbeat earnings, raising fresh questions about Wall Street’s expectations
The Apex Times

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Ford gets a boost as Novelis restarts aluminum output tied to F-150 supply
The Apex Times

THE APEX TIMES

Business / The Apex Times

Ford gets a boost as Novelis restarts aluminum output tied to F-150 supply

Novelis has reportedly restarted operations at its Oswego, New York aluminum plant after last year’s extended outages linked to two fires, a development that could help stabilize aluminum availability for Ford’s F-150 pickups.

Jun 13, 7:40 PM EDT
Lockheed Martin points to fresh defense awards, keeping “undervaluation” narrative intact for investors
The Apex Times

THE APEX TIMES

Business / The Apex Times

Lockheed Martin points to fresh defense awards, keeping “undervaluation” narrative intact for investors

Lockheed Martin secured nearly $10 billion in new defense awards, including additional F-35 and helicopter support and the opening of a missile assembly facility, according to market coverage. The development reinforces the idea that demand for military platforms and sustainment work remains resilient, even as investors watch program execution and costs.

Jun 13, 5:40 PM EDT
Cadence-Intel link highlights growing interest in agentic AI for chip design
The Apex Times

THE APEX TIMES

Business / The Apex Times

Cadence-Intel link highlights growing interest in agentic AI for chip design

A market report points to Intel’s involvement with Cadence as support for the software company’s push into agentic artificial intelligence, a shift investors are watching closely for productivity gains in semiconductor engineering workflows.

Jun 13, 5:24 PM EDT