Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
Prediction market traders on Kalshi and Polymarket have pushed estimated probabilities for Elon Musk combining SpaceX and Tesla, citing new language in SpaceX’s IPO paperwork. The odds may be rising, but the companies have not announced a transaction.
THE APEX TIMES
THE APEX TIMES
A market roundup tied the move in Eli Lilly’s stock to breakthrough technology headlines and expectations that additional clinical data could further de-risk parts of its pipeline, alongside a broader tone of optimism in U.S. equities.
THE APEX TIMES
Apple is set to open WWDC on June 8 with AI-focused software updates, as Cook prepares to transition out of the CEO role on September 1 and into executive chairman.
THE APEX TIMES
Speaking in South Korea after a broad chip pullback, Huang linked the ongoing AI buildout to multi-year supply constraints, and pointed to Nvidia’s memory roadmap work with SK hynix.
THE APEX TIMES
The Nashville-based hospital operator agreed to acquire ownership of The College of Health Care Professions (CHCP), a Texas allied-health training provider, as it looks to strengthen programs that prepare nurses and other non-physician clinicians.
THE APEX TIMES
The Surface Transportation Board said it accepted a revised merger application for consideration but paused the procedural schedule, including the environmental review, pending additional information due July 27.
THE APEX TIMES
The new Department of State Evolve contract awards place Leidos (LDOS) inside a $10 billion, multi-award IT modernization vehicle covering cloud, applications, networks, and end-user support.
THE APEX TIMES
The US chipmaker said it will back a large-scale data center construction effort in South Korea alongside SK Telecom, as it deepens partnerships to supply AI computing capacity.
THE APEX TIMES
A market report argues that Google’s evolving approach to AI-assisted search is making user-generated discussion platforms such as Reddit more valuable, reinforcing Reddit’s role as an alternative source of training and answers.
