Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A recent Yahoo Finance market report looked at whether Leonardo DRS (DRS) has been outperforming aerospace and defense peers, including Elbit Systems (ESLT), over the year-to-date period.
THE APEX TIMES
THE APEX TIMES
Shares tied to semiconductors and AI infrastructure moved higher after renewed enthusiasm for “agentic” AI, a shift toward systems that can plan and take actions toward goals rather than only generate responses.
THE APEX TIMES
The U.S. Department of Justice has issued subpoenas to Bank of America as part of an investigation examining whether certain customer account closures may have been influenced by political considerations, raising questions about regulatory compliance and valuation-related disclosures.
THE APEX TIMES
Wall Street analysts are moving to the sidelines on Adobe following the company’s latest earnings and a report that its CFO is stepping down, a combination that has renewed scrutiny of the software maker’s near-term outlook.
THE APEX TIMES
Coinbase says it has introduced a new artificial intelligence feature aimed at trading. What it does, how widely it is available, and what it may mean for revenue remain unclear, but the move highlights the exchange’s push to deepen engagement as competition for retail volumes intensifies.
THE APEX TIMES
A new market report argues that Oracle, long viewed as a legacy enterprise software powerhouse, is positioning itself more effectively for the AI era than IBM.
THE APEX TIMES
A market report says Oracle is looking at up to $95 billion in capital spending, while remaining performance obligation continues to build, feeding debate over how fast the company can convert cloud and services demand into future revenue.
THE APEX TIMES
The U.S. Justice Department has cleared Paramount’s proposed takeover involving Warner Bros. Discovery’s studios, networks and streaming assets, but market participants are still pressing for answers on how the combined business will be structured and financed.
THE APEX TIMES
Leonardo DRS shares closed at $48.53 as trading showed mixed near-term momentum, renewing investor focus on how the defense contractor is valued after several years of strong performance.
