Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A Yahoo Finance roundup on July 1 listed HCA Healthcare as one of 12 “best value stocks” and pointed readers to a June 29 announcement referencing research published in the New England Journal of Medicine. The post did not provide additional details about the study’s findings or how they relate to HCA’s business.
THE APEX TIMES
THE APEX TIMES
As AMD’s market value closes on $1 trillion, traders are weighing whether past remarks by Nvidia chief Jensen Huang missed where competitors would land, with attention also falling on other players Nvidia has backed, including Marvell.
THE APEX TIMES
The company said net income more than quadrupled to $1.06 billion in the quarter, citing support from a tariff refund, while performance in China continued to deteriorate.
THE APEX TIMES
A new dollar-backed token called Open USD (OUSD) is being marketed with support from major payments and asset managers. The reported structure shifts the traditional “issuer keeps the reserves” model, aiming to make reserve economics more transparent to token partners.
THE APEX TIMES
The company says a Memphis-area facility used for handling and dispatching packages will shut permanently later this summer, according to a FedEx spokesman.
THE APEX TIMES
Nike reported results that beat fiscal fourth-quarter expectations, yet its outlook pointed to a slower recovery, leaving traders to weigh how much near-term demand softness could linger.
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In what markets are framing as a statement of intent, Berkshire Hathaway’s CEO in-waiting now appears to have directed early portfolio changes that swap out Domino’s Pizza and add a technology winner whose shares have surged since its IPO.
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NN, Inc. said it is expanding liquid cooling capacity at its Wuxi, China plant, adding dozens of new machine centers dedicated to cooling NVIDIA AI data center racks. The company also indicated the new capacity is already fully pre-sold, a point investors appear to have rewarded.
THE APEX TIMES
The carmaker and eVTOL startup said the new venture will start by building an advanced, efficient manufacturing operation for air taxis.
