Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A Bank of America note, cited by Investing.com, points to systematic equity positioning unwind triggers that could broaden if the Nasdaq-100 extends its selloff.
THE APEX TIMES
THE APEX TIMES
In comments during its May 28 fiscal third-quarter update, Costco cited markdown examples on four Kirkland Signature private-label products, with the largest cut reaching $10.
THE APEX TIMES
The new Shockwave C2 Aero Coronary IVL device is designed to improve deliverability, lesion crossing, and balloon repositioning for procedures addressing hard, calcium-blocked arteries.
THE APEX TIMES
Mark Zuckerberg says Meta’s next era of AI products, built around autonomous “agents” that act on users’ goals, will require new revenue streams to fund decades-scale compute and data center spending.
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A fresh Zacks Investment Ideas feature pointed to Caterpillar’s surge in data-center power demand, record order backlog, and aggressive cash returns, while noting that Vertiv and Eaton are also gaining from the buildout of electricity and thermal infrastructure for AI workloads.
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A Zacks Investment Ideas feature argues the late-spring to fall period could favor health care, highlighting Eli Lilly’s rapid growth momentum and Merck’s pipeline progress and Keytruda franchise strength.
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In a retrospective claims study presented ahead of the ADA’s 2026 meeting, Novo Nordisk reported similar HbA1c results for semaglutide dose escalation versus switching to tirzepatide, with a statistically higher chance of at least 5% weight loss on the higher semaglutide dose.
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U.S. markets clawed back some losses Monday as the chip names most punished in the Friday AI-driven pullback posted sharp gains, while investors also looked ahead to Apple’s Worldwide Developers Conference and expected Siri upgrades.
THE APEX TIMES
A fresh market comparison frames Intel’s push into AI PCs and data-center silicon against Lattice Semiconductor’s low-power FPGA strategy, with both companies pointing to different routes for benefiting from AI buildouts.
