Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
Ahead of Oracle’s fiscal results, attention is shifting from whether demand exists for cloud and AI workloads to whether Oracle can profitably deliver what it has already sold, based on the size of its remaining obligations.
THE APEX TIMES
THE APEX TIMES
A June 3 note from Oppenheimer lowered AT&T to Perform, citing uncertainty around long-term broadband growth tied to the carrier’s fiber expansion plans and the potential for new competition from low Earth orbit satellite services.
THE APEX TIMES
Speaking during the retailer’s annual shareholders’ week, Walmart’s CEO said higher-income customers are showing up more often and spending more as fuel and food costs strain household budgets across the income spectrum.
THE APEX TIMES
A California employee was seriously injured in a workplace violence incident involving a coworker, prompting fresh questions about safety practices and workplace culture as investors increasingly weigh operational and ESG risks.
THE APEX TIMES
The US chipmaker is lining up next-generation memory supply with SK hynix while working with partners across telecom and cloud services as South Korea competes to scale data-center and AI infrastructure.
THE APEX TIMES
Investors pushed Eli Lilly (LLY) higher after the company’s retatrutide program showed positive Phase 3 readouts presented at the American Diabetes Association meeting and published in The Lancet.
THE APEX TIMES
While investors have largely focused on the biggest AI chipmakers, a long-established glass-and-fiber business saw a sharp stock surge and drew attention for landing deals or endorsements connected to Nvidia’s and Amazon’s AI expansion.
THE APEX TIMES
In the week leading up to WWDC, Apple said it is expanding Apple Intelligence and upgrading Siri, responding to investor doubts about whether the company is keeping pace in generative AI.
THE APEX TIMES
Broadcom Inc. (NASDAQ:AVGO) has been named among billionaire investor Ken Fisher’s top dividend-focused stock picks, and a separate analyst update this week raised a price recommendation for the company.
