Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
The dealership group Tameron Automotive is transferring ownership of its Toyota of Newnan location to AutoNation, in a deal brokered by Kerrigan Advisors, according to a report published June 9.
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Ahead of its fiscal fourth-quarter report, Oracle is counting on continued growth in its cloud infrastructure business as investors weigh whether rising demand can offset heavy spending.
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A recent market commentary points to how Berkshire Hathaway’s mega-cap portfolio, dominated by a handful of stocks and dividend payers, could be mirrored by retail investors seeking steady income even as the conglomerate continues to sell equities and pile up Treasury bills.
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A new report says Alphabet’s Google is considering Intel Foundry for millions of future tensor processing units, a move that would broaden the AI chip supply chain beyond Taiwan Semiconductor Manufacturing Co.
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The investment bank projects Asia’s liquefied natural gas benchmark could move toward $25 per million British thermal units in late 2026, citing hotter-than-usual electricity demand and Europe’s need to refill gas storage.
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The company said it will expand how it prices Agentforce, shifting toward a model that bills customers based on usage of AI capabilities rather than treating them as a fixed subscription feature.
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Apple has delayed launching its redesigned, AI-enhanced Siri experience on iPhone and other devices in the EU, citing unresolved regulatory requirements. EU officials, in turn, are disputing parts of Apple’s explanation.
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McGraw Hill, Inc. (NYSE: MH) said its CEO Philip Moyer will participate in an investor call hosted by Goldman Sachs, a move that typically outlines heightened attention from sell-side analysts ahead of upcoming updates.
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A market report says Costco has set a record for U.S. gas sales while consumers contend with higher costs. The retailer did not publicly break out the underlying drivers or figures in the cited post.
