Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
Shares of Aurora Innovation moved lower after market coverage linked the day’s pressure on autonomous-trucking names to a large block trade from Uber, a rideshare-to-logistics peer increasingly tied to mobility partnerships.
THE APEX TIMES
THE APEX TIMES
Shares of AMD and other technology-related equities traded down in the afternoon after a midday incident near the Strait of Hormuz disrupted what had been a calmer macro backdrop for the sector’s recent rebound.
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NielsenIQ said it will roll out its Full View of Beauty Channel and introduce a way to measure performance tied to Amazon third-party (3P) seller marketplace activity, a move aimed at giving brands and retailers a more complete picture of beauty demand across channels.
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A brief meeting at Deauville–Normandie Airport last week led to a carefully coordinated search and a reunion on June 8 in Normandy, where 101-year-old Ed Sandy and a French woman shared gifts and tears despite a language barrier.
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GM will develop sodium-ion battery cells in Michigan and keep exclusive manufacturing rights, while Peak Energy will integrate the cells into its passively cooled stationary storage systems.
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U.S. District Judge Brian Cogan said the pact offers “more extensive relief” than an earlier deal the court rejected, clearing a major step in a long-running class action involving roughly 12 million merchants.
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The chipmaker says it will expand UK AI infrastructure over the next five years through new supercomputing deployments and partnerships spanning universities and enterprise hardware providers.
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A Kiplinger retirement column revisits Warren Buffett’s guidance through the lens of getting older and staying financially steady, underscoring how the “Oracle of Omaha’s” investing principles have become broader life counsel.
THE APEX TIMES
Even after a major rally tied to artificial intelligence demand, JPMorgan is indicating that Broadcom’s valuation remains too low, while acknowledging that results and expectations are moving quickly.
