Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
In unusually direct remarks to Bloomberg, Verizon’s chief executive described a hybrid future where AI handles routine requests while humans take on more complex cases - while acknowledging the workforce implications.
THE APEX TIMES
THE APEX TIMES
The broker also kept an “Overweight” view on Alphabet’s stock after a review of how citations are showing up in Google’s AI-assisted search experiences.
THE APEX TIMES
The analyst’s latest note points to Meta’s planned monetization expansion under the “Meta One” umbrella, even as the company continues to fund large-scale infrastructure spending.
THE APEX TIMES
The Wall Street firm increased its valuation view on Advanced Micro Devices after a June 1 management meeting, arguing agentic AI is expanding demand for high-performance, low-latency CPUs.
THE APEX TIMES
Analyst Simeon Gutman pointed to Costco’s scale, supply-chain efficiency, and value-focused strategy, even as he flagged slower paid membership additions.
THE APEX TIMES
Analyst Steven Fisher raised his Caterpillar (CAT) target sharply after what he described as a strong first-quarter beat and improved guidance, but said much of the upside may already be reflected in the stock.
THE APEX TIMES
The Coca-Cola Company said it is exploring a potential public listing in India of Hindustan Coca-Cola Holdings, the parent of its largest local bottler, and is considering a partial sale of its stake tied to that listing.
THE APEX TIMES
A new licensing and collaboration deal with Innovent Biologics is designed to build a pipeline that could help replace revenue as key franchises near loss of patent protection.
THE APEX TIMES
A reported strategy shift centers on reducing reliance on traditional stand-alone cafés, leaning more on lower-cost locations and customer-engagement tools as competition in specialty coffee remains intense.
