Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
A report says Google placed a multi-year foundry-style order with Intel for more than three million Tensor Processing Units in 2028, as AI-driven capacity constraints at other manufacturers intensify competition for next-generation chip production.
THE APEX TIMES
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Eli Lilly announced agreements to buy Curevo, LimmaTech Biologics, and Vaccine Company, assembling a pipeline focused on shingles, bacterial pathogens, and Epstein-Barr virus using multiple vaccine platforms.
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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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In its fiscal 2026 fourth-quarter call, Booz Allen Hamilton said it is initiating FY27 guidance for modest top-line growth while expecting another year of uneven demand, with national security and cyber, defense technology, and AI-enabled offerings intended to offset continued pressure in the Civil market.
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The shift comes amid a steady stream of coverage changes across Wall Street’s defense and government-services complex.
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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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After a sharp selloff in chip stocks, Intel moved to the front of the S&P 500 gainers list Monday, buoyed by renewed momentum in artificial-intelligence trades and by market attention on Intel’s data-center road map and near-term guidance.
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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.
