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Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.

Starbucks posts its strongest weekend sales period in company history for North America stores, driven by “Unicorn” drinks
The Apex Times

THE APEX TIMES

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SpaceX’s IPO-era earnings pop, but Wall Street shrugs as AI spending concerns loom
The Apex Times

THE APEX TIMES

Business / The Apex Times

SpaceX’s IPO-era earnings pop, but Wall Street shrugs as AI spending concerns loom

Space Exploration Technologies, newly public as SPCX, reported results that beat revenue expectations in its first earnings report since a record June IPO. Even so, the stock reportedly dropped as much as 8% in extended trading, as investors weighed how capital spending priorities shift in an AI-driven market.

Aug 21, 3:23 PM EDT
Amazon shares swing toward AWS narrative, as delivery-cost discussion gets reframed
The Apex Times

THE APEX TIMES

Business / The Apex Times

Amazon shares swing toward AWS narrative, as delivery-cost discussion gets reframed

A market-focused read-through of Amazon’s latest quarter highlights how the “per-unit delivery cost” metric once emphasized by management is now being used more prominently as part of the CFO’s explanation, while the comparison being drawn in the analysis hinges on exclusions for fuel and line-haul costs.

Aug 21, 2:54 PM EDT