Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
The bank’s program is part of a growing list of large employers backing the newly launched, tax-deferred savings and investing accounts for minors.
THE APEX TIMES
THE APEX TIMES
A retired Knox County Sheriff’s Office assistant chief deputy was ordered to repay $339,015 to the Knox County Retirement System within 60 days after a ruling tied to the handling of seized funds.
THE APEX TIMES
A growing portion of Berkshire Hathaway’s balance sheet can generate returns without taking market risk, according to commentary on the company’s large liquidity position and how it interacts with today’s yield environment.
THE APEX TIMES
In a segment tied to Wednesday’s market rotation, CNBC host Jim Cramer said Palantir has been “crushed,” arguing its underlying growth story has not slowed even as the stock moved lower.
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In commentary tied to JPMorgan’s risk view, the bank is warning that cybersecurity threats could prove more destabilizing than traditional credit losses, especially as artificial intelligence changes how attacks are carried out.
THE APEX TIMES
Microsoft plans higher prices for Xbox Series S storage models starting Aug. 1, tying the move to a broader squeeze on memory supplies driven by demand from AI infrastructure.
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The company says its new robotics safety system ties together AI compute, sensors, and safety applications under a standardized architecture. Agility, maker of humanoid robots used in warehouses and logistics, is among the early users cited.
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The analyst firm said Alphabet’s spending on compute infrastructure and generative AI is translating into results, even as it acknowledged the company’s continued reliance on digital advertising.
THE APEX TIMES
The broker maintained its Overweight rating on Meta Platforms and reiterated a price target of $800, pointing to the company’s push into AI-powered business messaging, including WhatsApp.
