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Howmet Aerospace (HWM) Joins Major Russell Indexes As It Leaves Midcap Benchmarks
Simply Wall St.91d agobearish
Howmet Aerospace (HWM) Joins Major Russell Indexes As It Leaves Midcap Benchmarks

Howmet Aerospace (NYSE:HWM) has been added to several major Russell indexes, including the Russell 1000 Defensive Index, Russell Top 200 Growth Benchmark, Russell 1000 Growth-Defensive Index, and Russell Top 200 Index. The company has been removed from the Russell Midcap benchmarks as part of the latest index reconstitution. These changes reflect a shift in Howmet Aerospace's market classification toward the large cap growth segment. Howmet Aerospace, which focuses on engineered products...

Driver Charged With Manslaughter After Tesla Crashed Into Texas Home, Killing Woman Inside
The Wall Street Journal91d agobearish
Driver Charged With Manslaughter After Tesla Crashed Into Texas Home, Killing Woman Inside

A Texas man faces manslaughter charges after the Tesla he was driving crashed into a Houston-area home in June, killing a woman inside. Michael David Butler, 44, claimed to law-enforcement officials that his 2025 Tesla Model 3 was operating with its semiautonomous Full Self-Driving (Supervised) driver-assistance feature when it collided with the home in suburban Katy, Texas, on June 19. A woman inside the home, 76-year-old Martha Avila, died at an area hospital following the crash, according to court documents.

Applied Optoelectronics Plunges 17%, Coherent and Lumentum Sink 10% as Photonics Stocks Reset
24/7 Wall St.91d agobearish
Applied Optoelectronics Plunges 17%, Coherent and Lumentum Sink 10% as Photonics Stocks Reset

Shares of high-flying photonics names are sliding at midday Thursday. Applied Optoelectronics (NASDAQ:AAOI) stock is down 17% to $114.93, the biggest decliner in the group and easily the sharpest single-session drop of the three. Coherent (NYSE:COHR) stock is off 10% to $331.57, while Lumentum (NASDAQ:LITE) stock is down 10% to $720.91. The moves interrupt some ... Applied Optoelectronics Plunges 17%, Coherent and Lumentum Sink 10% as Photonics Stocks Reset

Meta Wants to Sell You Its AI Compute. AWS, Azure, and Google Just Got a New Rival
24/7 Wall St.91d agobearish
Meta Wants to Sell You Its AI Compute. AWS, Azure, and Google Just Got a New Rival

The most expensive infrastructure buildout in corporate history just found a possible second act. On Wednesday, CNBC’s Julia Boorstin reported that “Sources close to the situation do confirm that META is working on building a cloud infrastructure business to sell AI compute.” The stock responded, jumping 7.56% on July 1 as investors digested the idea ... Meta Wants to Sell You Its AI Compute. AWS, Azure, and Google Just Got a New Rival

Pinterest (PINS) Stock Just Lost Russell Growth Slots And Joined Value Indexes
Simply Wall St.91d agobearish
Pinterest (PINS) Stock Just Lost Russell Growth Slots And Joined Value Indexes

Pinterest (NYSE:PINS) has been removed from several Russell growth indices as part of a recent index rebalancing. The company has been added to value focused and broader Russell indices, changing how it is classified in index products. These changes may influence which institutional investors hold Pinterest stock and how it fits into growth and value strategies. Pinterest now trades at a share price of $21.89, with the stock down 17.6% year to date and down 38.8% over the past year. Over...

SanDisk Sinks 11%, Seagate Falls 7%, Micron Slides 4% on Memory Supply-Glut Fears
24/7 Wall St.91d agobearish
SanDisk Sinks 11%, Seagate Falls 7%, Micron Slides 4% on Memory Supply-Glut Fears

Memory and storage stocks are sliding again Thursday morning, extending a rare pullback for a group that has posted extraordinary gains through 2026. SanDisk (NASDAQ:SNDK) stock is leading the declines, down 11% to $1,802 in midday trading. Seagate Technology (NASDAQ:STX) shares are off 7% to $852, Western Digital (NASDAQ:WDC) shares are down 7% to $556 ... SanDisk Sinks 11%, Seagate Falls 7%, Micron Slides 4% on Memory Supply-Glut Fears

Ford Q2 US sales fall on EV weakness, supply constraints
Proactive91d agobearish
Ford Q2 US sales fall on EV weakness, supply constraints

Ford Motor Company (NYSE:F) reported a 10.3% year-over-year decline in US second-quarter sales on Thursday, as supply constraints affecting its F-Series pickup trucks and a sharp drop in electric vehicle demand weighed on results. The automaker sold 549,200 vehicles in the quarter, down from...

Bloomberg91d agobearish
DOJ Probes Alleged Insider Trading Scheme That Stung Susquehanna

(Bloomberg) -- The Justice Department is looking into Susquehanna International Group’s allegations that unknown insider traders made $100 million on options bets placed ahead of a recent Chinese regulatory crackdown on cross-border brokerages, according to people familiar with the matter.Most Read from BloombergExxon to Change Name for First Time in Decades After RedomicileMeta Is Planning a Cloud Business to Sell AI Computing PowerKrafton Agrees to Pay ‘Subnautica 2’ Bonuses as Developer’s CEO

AeroVironment (AVAV) Stock Fair Value Falls As Analysts Cut Targets On Program Risks
Simply Wall St.91d agobearish
AeroVironment (AVAV) Stock Fair Value Falls As Analysts Cut Targets On Program Risks

AeroVironment’s fair value estimate has been reset from US$311.47 to US$251.93, a cut of roughly 19% that reflects a more cautious stance on the stock. Analysts are trimming targets while still pointing to contract visibility, long term growth initiatives, and a growing backlog, and the debate is shifting toward how reinvestment, program risks, and award timing compare with this new valuation range. Read on to see what is driving these revisions, how the narrative is evolving, and what to...

Chipotle (CMG) Leaves Russell Top 200 And Joins Midcap Growth Indices
Simply Wall St.91d agobearish
Chipotle (CMG) Leaves Russell Top 200 And Joins Midcap Growth Indices

Chipotle Mexican Grill (NYSE:CMG) has been removed from certain Russell Top 200 indices following the latest Russell index rebalancing. At the same time, the company has been added to the Russell 1000 Dynamic, Midcap, and Midcap Growth indices. These changes alter how some index funds and other benchmark-aware investors may gain exposure to Chipotle. Chipotle Mexican Grill sits at an interesting point in its market story, with the stock at $35.0 and showing mixed return patterns. Shares are...

Tesla Drops 7% Despite Blowout Q2 Delivery Beat, Nio Slips After Its Own Delivery Update
24/7 Wall St.91d agobearish
Tesla Drops 7% Despite Blowout Q2 Delivery Beat, Nio Slips After Its Own Delivery Update

Shares of Tesla (NASDAQ:TSLA) are down 7% in morning trading to $395.86, even after the electric vehicle (EV) maker posted a blowout Q2 2026 delivery report that easily cleared Wall Street expectations. It’s a textbook sell-the-news reaction after a hot pre-report run. Nio (NYSE:NIO) stock is slipping alongside it, down 2% to $4.87 after Nio’s ... Tesla Drops 7% Despite Blowout Q2 Delivery Beat, Nio Slips After Its Own Delivery Update

Price Prediction: Nvidia Could Hit $250 in 12 Months Despite AI Selloff
24/7 Wall St.91d agobearish
Price Prediction: Nvidia Could Hit $250 in 12 Months Despite AI Selloff

Our NVIDIA (NASDAQ:NVDA) 24/7 Wall St. price target for the next 12 months is $252.14, implying 27.62% upside from the current price of $197.58. NVIDIA has slipped hard in the recent AI-compute selloff, but the fundamentals under the hood have not cracked. Our recommendation is buy, with a high confidence level of 90%. Metric Value ... Price Prediction: Nvidia Could Hit $250 in 12 Months Despite AI Selloff

Brown Advisory Large-Cap Growth Strategy Picked Axon Enterprises (AXON) Amid Broader Sell-Off
Insider Monkey91d agobearish
Brown Advisory Large-Cap Growth Strategy Picked Axon Enterprises (AXON) Amid Broader Sell-Off

Brown Advisory, an investment management company, released its “Brown Large-Cap Growth Strategy” for the first-quarter 2026 investor letter. A copy of the letter is available to download here. The Brown Advisory Large-Cap Growth Strategy experienced a decline in the first quarter of 2026, modestly trailing the Russell 1000 Growth Index. Despite negative absolute returns amidst volatility, […]