Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
Oracle will report fiscal fourth-quarter 2026 results after the market close on June 10, with analysts and investors looking for confirmation that AI-driven cloud infrastructure growth can keep accelerating.
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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.
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Analysts tracking Huntington Ingalls Industries, whose ships and defense technologies face execution risk tied to shipyard throughput, show an average one-year price target of about $376, with the most optimistic call reaching $441.
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Apple’s WWDC preview of Siri AI and an expanded Apple Intelligence stack, built in collaboration with Google’s Gemini models and designed around on-device and “Private Cloud Compute” processing, met lukewarm market sentiment on June 8.
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At WWDC on June 8, 2026, Apple announced Siri AI, a redesigned Siri with deeper messaging and on-screen awareness, alongside broader “Apple Intelligence” features across iOS, iPadOS, macOS, watchOS, visionOS and tvOS.
