Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
Cook will step down as Apple’s chief executive on Sept. 1, handing the role to hardware chief John Ternus as WWDC kicks off June 8 with AI and platform updates.
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Waymo’s reported acquisition of a roughly 5,500-acre testing property in Arizona highlights how the race for autonomous driving increasingly depends on physical infrastructure, not just software.
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The Facebook parent says its America’s Workforce Academy will fund no-cost training, credentials, and contractor placements for roles that support the physical buildout of AI infrastructure, including fiber technician work.
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U.S. stock index futures and chip shares rebounded after Iran indicated a pause in military operations against Israel, with markets watching for follow-through on President Donald Trump’s call for an immediate ceasefire. Apple, however, was a notable laggard after reactions to its Worldwide Developers Conference products and updates.
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Shares of Galaxy Digital rose about 22% on Saturday amid unconfirmed chatter about a potential additional tenant at its West Texas Helios data center campus, and following remarks from Morgan Stanley’s Stephen Byrd on CNBC about strong AI-related power and computing economics.
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U.S. stocks steadied Monday after a sharp AI-chip sell-off, with semiconductors leading the recovery. Marvell jumped on its scheduled move into the S&P 500, while Intel and Micron gained on renewed momentum around AI hardware demand.
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Shares jumped Monday as a Reuters-linked report said Alphabet’s Google ordered more than 3 million tensor processing units to be manufactured at Intel in 2028, while Nvidia was also described as evaluating Intel’s advanced 18A process.
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On June 8, 2026, investors digested Apple’s WWDC26 software announcements, where a redesigned Siri is positioned as the front end of Apple Intelligence, even as regulators delay key parts of the launch in Europe.
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The new program, backed by a reported $115 million initial first-year investment, will pilot in Louisiana, Ohio, Indiana and Texas and is designed to turn trainees into industry-certified construction and fiber technicians.
