Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
Adobe says it is rolling out a wider set of AI features across its creative and experience products, while benchmark index changes may alter how value- and defense-minded funds express exposure to ADBE.
THE APEX TIMES
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Intel’s shares have surged over the past year, but a renewed focus on profitability risks is testing how durable the rebound narrative may be.
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Amazon climbed Monday after a difficult stretch for the e-commerce and cloud giant, as investors pushed back into high-profile megacap names.
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ORCL fell about 19% over the week ended June 27, the biggest weekly decline since the 2001 dot-com era, underscoring how quickly sentiment can shift for large software and cloud names.
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A TechCrunch report relayed by Yahoo Finance says Waymo vehicles are no longer listed for riders in the Phoenix area through Uber, a change that appears to close out a pilot launched in late 2023.
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Investors who held Honeywell stock into the separation now hold two Honeywell-linked equities, following the start of trading for Honeywell Aerospace.
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A market-flow analysis published by Yahoo Finance says institutional positioning around AI hardware is shifting away from Nvidia shares, pushing some investors toward memory specialist Micron and companies building custom chips for data centers. Nvidia did not comment in the report.
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A drop tied to investor anxiety about artificial intelligence is prompting some investors to view Microsoft as unusually inexpensive, even as the company has yet to announcement any immediate change to its AI roadmap.
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Two major Wall Street banks trimmed their outlooks for Lennar, pointing to a cooling in housing demand and changes to the company’s forward guidance, while investors also weigh the homebuilder’s upcoming dividend timeline.
