Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A Yahoo Finance roundup of billionaire Ken Griffin’s best stock ideas placed Broadcom (AVGO) among its AI-leaning picks, underscoring how investors are looking at infrastructure suppliers as artificial intelligence spending deepens.
THE APEX TIMES
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Tesla stock rose early Thursday following news that the order book for SpaceX’s anticipated IPO closed, renewing investor attention on how closely Tesla’s trading can track Elon Musk’s other assets.
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The food and beverage company says the agreement is aimed at adding transportation capacity in locations that are “hard to staff,” while leveraging autonomous trucking technology.
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Caterpillar raised its quarterly payout by about 8% to $1.63 per share and reported stronger first-quarter results, including a 22% revenue increase and $62.7 billion in backlog.
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Intel has received a double upgrade from Bank of America, moving from Underperform to Buy, with the firm also increasing its price objective to $135 from $96.
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In a segment on Yahoo Finance, Visa discussed a payment-integration effort with OpenAI framed as support for “next gen commerce,” without offering detailed technical or financial terms.
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A recent market discussion frames Leonardo DRS as a more mature defense contractor with profits tied to government programs, while Firefly Aerospace is portrayed as chasing faster expansion in commercial launch services, with different risk profiles.
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The e-commerce and cloud giant is broadening its logistics offerings by introducing a less-than-truckload (LTL) option inside Amazon Supply Chain Services, aimed at helping business customers move goods without arranging full truck shipments.
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The company reported strong quarterly results, but executives pointed to rising costs tied to AI data centers and cloud capacity, outlining plans that could require additional funding.
