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Space Exploration Technologies (SPCX) Joins Russell Indexes, Is It Still 19% Overvalued?
Simply Wall St.86d agobearish
Space Exploration Technologies (SPCX) Joins Russell Indexes, Is It Still 19% Overvalued?

Space Exploration Technologies (SPCX) has just been added to a wide range of Russell indexes, including the Russell 1000, 3000, and Top 200 families. For investors, this broad index inclusion matters mainly because it can influence how much passive capital tracks the stock over time. See our latest analysis for Space Exploration Technologies. Over the past week, Space Exploration Technologies’ 7 day share price return declined 6.11% and its year to date share price return is slightly...

📉Global AI Stocks Tumble
The Wall Street Journal86d agobearish
📉Global AI Stocks Tumble

U.S. chip shares trade sharply lower premarket, extending the reach of a global wobble in artificial intelligence-related stocks following Samsung's quarterly update. Micron Technology and Intel fell around 6% and 4%, respectively Applied Materials and Lam Research, both major suppliers to Samsung--each lost around 5%.

Tech Stocks Drop as Investors Lock in Profit Amid AI Jitters
Barrons.com86d agobearish
Tech Stocks Drop as Investors Lock in Profit Amid AI Jitters

Tech looked set to struggle on Monday as investors dumped chip makers and a host of other stocks that have benefited from the AI boom. Futures tracking the Nasdaq 100 were 0.9% lower, dragged down by heavyweights including memory-chip maker Micron and semiconductor manufacturer Intel.

Bloomberg86d agobearish
China Watchdog Monitoring US Lawsuit Over Insider Trading Claims

(Bloomberg) -- China’s securities regulator said it was monitoring developments in a US lawsuit after Susquehanna International Group alleged insider traders made at least $100 million from well-timed options bets before Beijing’s recent crackdown on illegal cross-border trading. Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last M

Blackstone (BX) Could Be 14% Undervalued After Russell Value Index Additions
Simply Wall St.86d agobearish
Blackstone (BX) Could Be 14% Undervalued After Russell Value Index Additions

Blackstone stock reacts to multi-index value benchmark additions Blackstone (BX) has been added to several Russell value benchmarks, including the Russell 1000 Value and Russell Top 200 Value indices. This development is drawing fresh attention to how investors may view the stock within the value segment. See our latest analysis for Blackstone. Blackstone’s recent inclusion across Russell value benchmarks comes after a mixed price pattern, with the share price up 7.4% over the past week but...

Trump claims credit as Walmart drops prices on barbecue staples
Reuters Videos86d agobearishVIDEO
Trump claims credit as Walmart drops prices on barbecue staples

<body><p>STORY: Walmart said Monday it would cut prices on many summer barbecue favorites, including meat, chips and soda.</p><p>The move comes after U.S. President Donald Trump said the retailer was acting at his administration's request.</p><p>In a Truth Social post, he said Walmart would be lowering prices significantly, "to celebrate our great Country's 250th birthday."</p><p>Trump said the firm would, “be dropping the price for a pound of ground beef by almost 15%.”</p><p>Walmart said in a statement that the price of one pound of 73% ground beef roll would drop to $5.94 from $6.74 in its stores, a decline of about 12%.</p><p>The retailer also said it lowered prices on items including Coca-Cola and PepsiCo sodas and chips.</p><p>Prices for steaks and hamburger meat soared after a persistent drought burned pasture lands and hiked costs of cattle feed, forcing U.S. ranchers to slash their herds.</p><p>Now the price cuts mark a notable shift from last year, when Walmart warned that tariffs would push some prices higher, a move Trump had rebuked.</p><p>The president had previously encouraged low-tariff imports of Argentine beef to cool U.S. prices, which angered American ranchers.</p><p>He had also directed the Department of Justice to investigate whether U.S. meatpackers were colluding to raise prices.</p><p>Walmart is widely viewed by economists and investors as a gauge of U.S. consumer health because of its size and broad customer base.</p></body>

Trump Touts Walmart Price Cuts on White House Request to Mark America 250, Pushes Other Retailers to Follow 'Absolute Patriots'
Benzinga86d agobearish
Trump Touts Walmart Price Cuts on White House Request to Mark America 250, Pushes Other Retailers to Follow 'Absolute Patriots'

President Donald Trump announced that Walmart Inc. (NASDAQ:WMT) will be significantly reducing prices at the request of his administration. In a Truth Social post on Monday, Trump announced the move to commemorate the 250th anniversary of the United States. The initiative includes price reductions on several products, including a nearly 15% cut in the price of a pound of ground beef. “Walmart is stepping up in a big and bold way, and other Retailers should follow the lead of these absolute Patri

Vistry Group (LSE:VTY) Stock Fair Value Moves Lower After Analyst Target Cuts
Simply Wall St.86d agobearish
Vistry Group (LSE:VTY) Stock Fair Value Moves Lower After Analyst Target Cuts

Vistry Group is back in focus after fair value estimates were cut from £5.18 to about £3.15 and several analyst price targets reset into a tighter range between roughly £2.10 and £3.40. Those revised targets, including more upbeat views clustered around £2.63 to £2.70, reflect fresh debate on how current margins, incentive use and cash generation compare with what the share price already prices in. Read on to see what is driving this shifting narrative and how to keep track as new data and...

Asia Stocks Drop on Chip Selloff, Nasdaq Futures Down
Bloomberg86d agobearishVIDEO
Asia Stocks Drop on Chip Selloff, Nasdaq Futures Down

Asian equities fell as renewed selling in technology stocks, including Samsung Electronics Co. and SK Hynix Inc.,&nbsp;deepened concerns that the AI-driven rally may have run ahead of itself. Futures&nbsp;for the tech-heavy Nasdaq 100 Index retreated 1.1%, suggesting Monday's rebound on Wall Street was losing momentum. European shares were also set for losses. Bloomberg's Avril Hong and Mark Cranfield report.

Michael Saylor's Strategy's Situation Feels 'Eerily Similar' to FTX Collapse, Says Crypto Analyst: 'Rumors Create Doubt, Doubt Creates Selling…'
Benzinga86d agobearish
Michael Saylor's Strategy's Situation Feels 'Eerily Similar' to FTX Collapse, Says Crypto Analyst: 'Rumors Create Doubt, Doubt Creates Selling…'

Cryptocurrency analyst Ali Martinez drew a parallel on Monday between the recent events surrounding Michael Saylor’s Strategy Inc. (NASDAQ:MSTR) and the 2022 collapse of cryptocurrency exchange FTX. Strategy And FTX: Similarities? In an X post, Martinez noted the sequence of events that led to the downfall of FTX in 2022, starting with Binance’s (CRYPTO: BNB) announcement to liquidate its remaining FTT holdings, the exchange’s native token. This was followed by a surge in withdrawals, an $8 bill

Uber Technologies (UBER) Could Be 13% Undervalued On Russell Value Index Reshuffle
Simply Wall St.86d agobearish
Uber Technologies (UBER) Could Be 13% Undervalued On Russell Value Index Reshuffle

Uber Technologies stock reacts to index reshuffle Uber Technologies (UBER) has just been added to several Russell value benchmarks, including the Russell 1000 Value and Russell Top 200 Value, while being removed from the Russell Top 50 Index. This reshuffle links Uber more directly to value oriented index funds and ETFs. For investors, the key questions are how this changes potential flows around the stock and what it suggests about how the market is classifying Uber today. See our latest...

Bitcoin, Ethereum, XRP Flat, Dogecoin Falls Amid Strategic Bitcoin Reserve Push: Analyst Says 'a Lot of' Upside to Come If BTC Does This
Benzinga86d agobearish
Bitcoin, Ethereum, XRP Flat, Dogecoin Falls Amid Strategic Bitcoin Reserve Push: Analyst Says 'a Lot of' Upside to Come If BTC Does This

Leading cryptocurrencies moved sideways on Monday as high-profile Bitcoin sell-offs were offset by growing optimism for a Strategic Bitcoin Reserve. Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:50 p.m. EDT)Bitcoin (CRYPTO: BTC)+0.63%$63,925.65Ethereum (CRYPTO: ETH) +0.52%$1,794.35XRP (CRYPTO: XRP) -0.88%$1.14Solana (CRYPTO: SOL) +0.44%$81.97Dogecoin (CRYPTO: DOGE) -1.95%$0.07618 Bitcoin Dips And Then Rips Bitcoin dipped to the mid-$61,000 range in early trading after Strategy Inc. (NASDAQ