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Explore Apex Folio’s growing collection of financial articles covering personal finance, investing, markets, business, and economic developments. Browse the topics below and continue through the page to discover published financial content.
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10 Weekend Reads
The weekend is here! Pour yourself a mug of Danish Blend coffee, grab a seat outside, and get ready for our longer-form weekend reads: • The Clocks on One Building: Four-Year Leases. Sixteen-Year Guarantees. Debt to 2049: Shanaka Anslem Perera’s essay on the clocks of a single building — a small meditation on time, architecture, and attention……
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Applied Materials Beat Everything but Wall Street’s Expectations for Margins
Applied Materials beat Q3 estimates and raised guidance, but shares fell 6% as sequential growth slowed and gross margin guidance stalled at 50.4% for Q4.
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Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
Intuitive Machines missed Q2 revenue and EPS estimates, but its $1.8 billion backlog, analyst Buy ratings, and institutional buying point to a path toward profitability.
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Italy’s Cheese Bank Finds Climate Risk Has a Rind
On Wall Street, “cheese” is slang for money. In Italy, they decided the metaphor needed collateral. Deep inside climate-controlled warehouses in Emilia-Romagna, hundreds of thousands of wheels of Parmigiano-Reggiano sit on shelves while securing loans from Credito Emiliano, Fortune reported Monday (Aug. 10). It’s banking with notes of hazelnut, salt and a surprisingly complicated risk…
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A Conservative Case for Liberal Immigration
That is the title of my latest Free Press piece, here is one excerpt: Or look at the AI revolution, another area where America is leading the world and also using its AI models to exert soft power. Dario Amodei of Anthropic has an Italian father, neural-network pioneer Geoffrey Hinton is originally from the U.K.,…
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That was then, this is now
I very much like the new Michael Khodarkovsky book The Steppe and its Empires: The Russian Empire & its Eurasian Counterparts. Excerpt: Russia presented the most remarkable contrast to both Eurasian and Western empires. The oower of Moscovite tsars and Russian emperors seemed to be completely unconstrained by moral or ethical boundaries. Whereas religious authorities…
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China poised to lift travel ban on Manus founders
Chief executive Xiao Hong plans to return to Singapore as AI company nears resolution of Meta separation
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OpenAI upheaval mounts as Sam Altman readies IPO push
Executive exits and safety team changes unsettle staff as the ChatGPT maker prepares for a blockbuster listing
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Mastercard Offers Brazilian Acquirers 50% Payout and Services in Will Bank Dispute
Mastercard is proposing to pay half the amount demanded by Brazilian merchant acquirers that were impacted by the collapse of Will Financeira, also known as Will Bank, a FinTech tied to the failed Banco Master, Bloomberg reported Friday (Aug. 14), citing unnamed sources. In addition, Mastercard is proposing to provide the firms with services such…
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Talks to sell PayPal to Stripe and Advent are heating up
PayPal is still reportedly negotiating a potential sale to Stripe and private equity firm Advent, as the fintech firm’s new CEO attempts to turn the company around.
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