Business

The Apex Times

THE APEX TIMES

Nevada regulators approve Las Vegas robotaxi permits for Tesla, Uber and Waymo

A Nevada vote cleared the way for Tesla, Uber and Google’s Waymo to begin operating robotaxi services in Las Vegas under newly approved permits, adding another player to a fast-growing autonomous vehicle market that already includes Amazon’s Zoox.

The Apex Times

THE APEX TIMES

Meta and peers weigh on market chatter as Snap prepares for an October trial tied to a teen safety lawsuit

Market coverage on Aug. 21 highlighted ongoing legal uncertainty involving major social and advertising platforms, with attention focused on Snap and an October trial date. Meta and Google were mentioned in the same discussion as investors sought clues on how courts may treat claims about teen safety and product design.

The Apex Times

THE APEX TIMES

UPS, FedEx and DHL point to tariff relief, but customer eligibility may hinge on how shipments were billed and what documentation was provided

A recent report says U.S. logistics carriers are returning billions tied to Trump-era tariff changes. Whether an individual customer qualifies for a refund could depend on payment method and whether required information is on file.

The Apex Times

THE APEX TIMES

JPMorgan cautions that Treasury buybacks may postpone, not solve, the U.S. debt problem

A JPMorgan research chief likened government debt buybacks to paying a mortgage with a credit card, arguing the strategy can shift costs without reducing the underlying burden.

The Apex Times

THE APEX TIMES

FedEx board declares quarterly cash dividend of $1.22 per share

FedEx Corp. said its board has approved a quarterly cash dividend, continuing the company’s pattern of returning cash to shareholders alongside its broader operational and financial priorities.

The Apex Times

THE APEX TIMES

Moderna rebounds as traders weigh a week of swings, while Robinhood and Ross Stores draw attention in market wrap

In a market roundup, Moderna shares ended a volatile week higher, and investors also watched Robinhood and Ross Stores alongside firms tied to crypto’s latest push higher.

The Apex Times

THE APEX TIMES

Tesla shares rise as company readies EV Semi launch event

Tesla stock climbed in early trading on Friday as investors awaited details around a new launch event tied to its electric semi-truck. The move helped lift sentiment as the week neared its end.

The Apex Times

THE APEX TIMES

Eli Lilly’s stock hits record highs as Mounjaro sales surge, intensifying the push against Novo Nordisk

Shares of Eli Lilly (LLY) rose to a record level after reporting a sharp jump in Mounjaro revenue, underscoring how the diabetes and weight-loss market is tightening between Lilly and Novo Nordisk.