Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A model-based fair value update for Walt Disney moves slightly higher, reflecting small changes in forecast assumptions, even as some sell-side desks cut price targets by as much as $25.
THE APEX TIMES
THE APEX TIMES
The insurer’s quarterly cash dividend rises from $2.21 to $2.32, payable June 23 to shareholders of record June 15, continuing a long-running payout schedule.
THE APEX TIMES
The retailer said customer complaints of discoloration prompted testing that detected Burkholderia cepacia complex and Burkholderia gladioli in select fragrance-free and cucumber-scented baby wipe products. Target urged shoppers to stop using the wipes and return them for a full refund.
THE APEX TIMES
The payments network said it will test Brale’s U.S.-dollar-backed stablecoin, SBC, using the Canton Network in a proof-of-concept aimed at speeding up settlement while limiting visibility of sensitive transaction data.
THE APEX TIMES
After a $19.5 billion noncash EV-related charge, Ford is trying to monetize retired EV know-how through a new battery energy storage business. A fresh framework deal with EDF has fueled optimism, even as Ford’s core vehicle sales remain under pressure.
THE APEX TIMES
A recent pullback in Coca-Cola’s stock reignited a fair-value argument, pitting an “earnings-based” view that suggests shares trade above value against a discounted-cash-flow model that implies they could be undervalued. The dispute comes as the company posts solid first-quarter momentum and reiterates 2026 growth guidance, while factoring in the expected sale of Coca-Cola Beverages Africa.
THE APEX TIMES
Moderna’s stock rose in the afternoon after the company and Merck presented long-term results for intismeran autogene, a personalized mRNA-based cancer vaccine, in high-risk melanoma.
THE APEX TIMES
Costco reported a “blowout” quarter and posted fresh records at the gas pump, but the stock fell anyway, underscoring how much investors are focused on forward outlines rather than past performance.
THE APEX TIMES
The rideshare company says it is running into a common enterprise AI problem, useful tools with costs that are hard to predict and even harder to tie to measurable business outcomes.
