Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
Analyst John DiFucci raised Salesforce to Buy from Hold, arguing the company faces competitive pressure as customers shift spending toward AI-enabled business software.
THE APEX TIMES
THE APEX TIMES
As Meta expands the infrastructure behind its AI systems, it is also exploring a way to turn excess computing power into a business line, according to a report cited by Yahoo Finance.
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The Walt Disney Company says the Toy Story franchise is its most-watched film series on Disney+, and that Disney+ helped build momentum ahead of Toy Story 5 through what it describes as targeted pacing and promotion across the streamer.
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The planned reductions would affect less than 2.5% of Microsoft’s workforce and are reported to target sales, consulting and Xbox.
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A Yahoo Finance report says Microsoft may be planning further layoffs that could affect thousands of employees, raising fresh questions about cost controls and headcount in the technology sector.
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Bloomberg News, citing people familiar with the matter, says Meta is building a business aimed at selling surplus AI-related computing capacity, a move that could diversify revenue beyond advertising.
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In a company newsroom piece published July 1, CVS Health highlighted menopause as an issue it says has been “long overdue,” with leadership emphasizing women’s health and genomics.
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The defense contractor said its quarterly results conference call for the three months ended in the second quarter will be streamed in listen-only mode.
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The Kyivstar Group unit Uklon said it launched a Visa acceptance platform designed to accelerate the rollout of new features and deliver a more seamless payment experience for users in Ukraine.
