Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A new report citing Nvidia’s outlook says global data-center capital spending driven by artificial intelligence could reach $3 trillion to $4 trillion annually by 2030, with hyperscalers’ spending already on a steep incline.
THE APEX TIMES
THE APEX TIMES
A widely shared market recap argues Tesla’s stock delivered a roughly 2,900% total return since 2016, driven by rapid increases in vehicle sales and an increasingly tech-forward growth story.
THE APEX TIMES
The electric-vehicle maker reported record second-quarter deliveries, a result framed by analysts as evidence of demand stabilization, especially outside the United States.
THE APEX TIMES
GM says it has secured a multi-year stream of key semiconductor components from Micron as automakers increasingly rely on compute, memory and storage for connected and software-defined platforms.
THE APEX TIMES
Nike shares have fallen sharply since the company’s late-2021 peak, and recent commentary on Wall Street is once again tying the question of “does it matter?” to whether the brand can reclaim momentum amid intensifying competition.
THE APEX TIMES
A fresh valuation update for BlackRock points to a slightly higher fair value, highlighting how small changes in assumptions around earnings and market flows can move expected outcomes for the sector’s biggest money manager.
THE APEX TIMES
Warren Buffett has stopped his usual midyear transfer of Berkshire Hathaway shares to the Bill & Melinda Gates Foundation, breaking a long-running giving pattern as outside scrutiny of the foundation’s historical connections intensifies.
THE APEX TIMES
In a segment on CNBC’s Mad Money, Jim Cramer discussed Tesla (TSLA) amid what he described as a broader, fast-moving wave of potential takeovers, adding a specific prediction that SpaceX could buy Tesla. The remarks did not come with any new deal details.
THE APEX TIMES
On CNBC’s Mad Money, Jim Cramer linked Marvell’s prospects to remarks from NVIDIA CEO Jensen Huang, arguing that if Huang is right, Marvell could benefit from a broader momentum in AI infrastructure and networking.
