Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
The automaker said it produced over 450,000 vehicles and delivered over 480,000 in the second quarter, while energy storage deployments totaled 13.5 gigawatt-hours.
THE APEX TIMES
THE APEX TIMES
Deliveries rose to 480,126 vehicles in April-June, topping analysts’ forecasts as Tesla said improving demand in Europe offset softer conditions in the United States and mounting competition from Chinese automakers.
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The fast-food chain said the hire will support its NEXT strategy, which focuses on restaurant redesigns and a stronger hospitality and employee experience.
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After a sharp move in CoreWeave (CRWV), Rosenblatt told investors that its checks did not indicate a shift in hyperscalers’ demand for GPU computing capacity, pushing some buyers back into the AI-infrastructure trade.
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A report that Meta is developing a cloud business for outside customers helped spark a sharp selloff for CoreWeave, highlighting how quickly competition in AI infrastructure can reprice when a mega-cap outlines entry.
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The broker upgraded Salesforce, ServiceNow and Check Point after a software selloff tied to fears that artificial intelligence could permanently weaken demand for enterprise software, setting Salesforce’s target at $228.
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A market report says Meta is developing a unit to sell access to AI computing power and hosted models, potentially positioning the company closer to AWS, Azure and Google Cloud.
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The parcel carrier is exiting supply-chain services as the French shipping group expands its North American logistics footprint through its Ceva business.
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The company began moving its corporate identity to a Texas holding structure, while shareholders approved the change and the stock continued to trade under the existing XOM symbol.
