Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
Shares of memory and storage suppliers rose sharply in Thursday trading after Apple indicated that higher memory costs are difficult to avoid, reviving investor focus on pricing power and supply constraints in the storage supply chain.
THE APEX TIMES
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Analyst notes suggest Apple’s production plan involving Intel may open a large new revenue opportunity, though details of volumes and timelines were not confirmed in the cited report.
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The automaker says the effort is aimed at improving production readiness and tightening supply chains that support U.S. defense manufacturing.
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Market momentum in the latest trading session was driven by shifting expectations tied to a potential U.S.-Iran agreement, while investors rotated into and out of high-profile healthcare and AI-linked names. Moderna’s shares moved higher, while the AI crowded trade appeared under strain.
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A report citing Amazon’s AI chief says the company is discussing ways to market Trainium, its custom AI training hardware, to third parties. The move could intensify competition for Nvidia’s dominance in AI chip demand.
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A new consumer test suggests riders checking identical trips at the same moment can see meaningfully different fares on both Uber and Lyft, with results that in some cases diverged by as much as 160%. The ride-hailing companies disputed the idea that pricing is based on surveillance.
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A pricing model recalibration is rippling through the AI market, with OpenAI, Anthropic and Microsoft facing scrutiny as customers move toward higher charges tied to how much AI compute they consume.
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The networking and custom silicon firm’s jump highlights how investor attention continues to concentrate on the supply chain behind AI data centers, even as valuations and disclosure gaps leave analysts guessing.
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A market report pointed to a potential agreement as a catalyst for Intel’s sharp move higher, but the underlying terms were not included in the available coverage.
