Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
Speaking on recession fears tied to the Federal Reserve’s outlook, Bank of America CEO Brian Moynihan said he does not expect a downturn, even as the bank’s own forecast points to additional rate increases and persistent inflation.
THE APEX TIMES
THE APEX TIMES
The Argentine state-linked energy company said it will collaborate with Tesla on projects aimed at energy storage systems and faster vehicle charging networks, without outlining timelines or capacity in the initial announcement.
THE APEX TIMES
The Facebook-parent said Chief Marketing Officer Alex Schultz will take on a new role focused on managing data and AI analytics across the company.
THE APEX TIMES
The notice cites Belgium’s major holdings disclosure law and indicates Bank of America Corporation has informed the market about its position in Umicore.
THE APEX TIMES
In a broader look at consumer discretionary earnings, the Yahoo Finance market wrap included Apple and framed its quarter within the sector’s shifting demand and pricing backdrop.
THE APEX TIMES
Market coverage pointed to broad weakness across chip stocks, with Intel down about 7% and Advanced Micro Devices down about 5% as Taiwan Semiconductor also slid and a Bank of America note raised “bubble risk” concerns.
THE APEX TIMES
A new market note points to Pentagon spending plans for drone dominance and counter-drone systems, arguing that the demand for advanced computing will keep shaping how investors think about chipmakers like AMD and their AI rivals.
THE APEX TIMES
Intel (NASDAQ: INTC) traded near $139.63, a level described as a 52-week high after a roughly 278% year-to-date run, with one market note positioning the stock around a $140 “hold” point.
THE APEX TIMES
A recent market commentary argues that Microsoft’s shares look cheaper than Apple’s, pointing to valuation rather than product momentum as the main reason investors may be looking past Apple today.
