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AbbVie (ABBV) Faces Congressional Probe Over China Clinical Trials
Simply Wall St.47d agobearish
AbbVie (ABBV) Faces Congressional Probe Over China Clinical Trials

U.S. lawmakers have opened a bipartisan national security investigation into AbbVie (NYSE:ABBV) and other pharmaceutical companies. The inquiry focuses on AbbVie’s clinical trials in China, including work at facilities reportedly linked to the Chinese military and sites in the Xinjiang region. Congress has requested detailed information on research practices, data protection, and site vetting, with responses due by mid-July. AbbVie is a large U.S. pharmaceutical company with a portfolio...

Unity Software (U) Stock Loses Its Place In Major Russell Growth Indexes
Simply Wall St.47d agobearish
Unity Software (U) Stock Loses Its Place In Major Russell Growth Indexes

Unity Software (NYSE:U) has been removed as a constituent from several major Russell growth indexes. The changes affect the Russell 1000 Growth, 2500 Growth, 3000 Growth, 3000E Growth, Small Cap Comp Growth, and Midcap Growth benchmarks. This index exclusion may influence Unity Software's visibility with institutional investors and index-tracking funds. Unity Software now sits outside some of the largest growth benchmarks while its stock trades around $29.32. The shares are down 33.7% year...

Western Digital (WDC) Stock Falls As Apple CXMT Talk Adds Memory Pressure
Simply Wall St.47d agobearish
Western Digital (WDC) Stock Falls As Apple CXMT Talk Adds Memory Pressure

Western Digital (NasdaqGS:WDC) shares declined nearly 10% in a sector-wide selloff affecting semiconductor and memory stocks. Concerns include a pause in AI-related chip spending and macro headwinds weighing on sentiment across the group. Apple is reportedly exploring a partnership with Chinese memory supplier CXMT, raising the risk of lower-cost supply entering Western Digital's markets. The potential Apple and CXMT tie-up could pressure pricing and terms on high-margin mobile and data...

How Credo’s Shift Into Larger Russell Indices and AI Connectivity Focus Will Impact CRDO Investors
Simply Wall St.48d agobearish
How Credo’s Shift Into Larger Russell Indices and AI Connectivity Focus Will Impact CRDO Investors

In late June 2026, Credo Technology Group Holding was added to several larger Russell benchmarks, including the Russell 1000, Russell Midcap, and Russell 1000 Growth and Dynamic indices, while being removed from smaller-cap indices such as the Russell 2000 and Russell 2500. This shift into larger-cap and growth-oriented indices coincided with strong AI-driven connectivity demand, positive fiscal 2026 results, and an ambitious outlook for its copper and optical portfolios. We’ll now examine...

CRISPR Therapeutics (CRSP) Is Up 11.3% After Broad Russell Growth Index Inclusion Has The Bull Case Changed?
Simply Wall St.48d agobearish
CRISPR Therapeutics (CRSP) Is Up 11.3% After Broad Russell Growth Index Inclusion Has The Bull Case Changed?

In late June 2026, CRISPR Therapeutics AG was added to several Russell growth indexes, including the Russell 2000 Growth, 2500 Growth, 3000 Growth, 3000E Growth, and Small Cap Comp Growth benchmarks. This broad index inclusion increases the company’s visibility to benchmarked funds and could meaningfully influence how investors view its role in growth-oriented portfolios. We’ll now examine how this broad Russell growth index inclusion shapes CRISPR Therapeutics’ investment narrative and...

JEPI Investors Missed 13.21% in Gains While Paying Hidden Taxes on ‘Monthly’ Income
24/7 Wall St.48d agobearish
JEPI Investors Missed 13.21% in Gains While Paying Hidden Taxes on ‘Monthly’ Income

The pitch is simple: monthly checks from blue-chip stocks. The reality is quieter. Holders of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) have watched a raging bull market pass them by while an options overlay clipped the upside and the IRS took a bigger bite than the fact sheet lets on. What You’re Actually Paying JEPI’s ... JEPI Investors Missed 13.21% in Gains While Paying Hidden Taxes on ‘Monthly’ Income

Valero Energy (VLO) Joins Five Russell Indexes As Its Investor Base Shifts
Simply Wall St.48d agobearish
Valero Energy (VLO) Joins Five Russell Indexes As Its Investor Base Shifts

Valero Energy (NYSE:VLO) has been added to multiple major Russell indexes, including the Top 200 Value, Top 200 Growth, 3000 Growth, 1000 Growth, and 3000E Growth benchmarks. At the same time, Valero Energy has been removed from the Russell Midcap indexes, shifting its index exposure toward larger cap and growth oriented benchmarks. Valero Energy is one of the largest independent refiners in the United States, with a core business focused on turning crude oil into transportation fuels and...

FedEx (FDX) Is Selling FedEx Supply Chain To CMA CGM For $1.4 Billion
Simply Wall St.48d agobearish
FedEx (FDX) Is Selling FedEx Supply Chain To CMA CGM For $1.4 Billion

FedEx (NYSE:FDX) is selling its FedEx Supply Chain unit to French shipping group CMA CGM in a US$1.4b transaction. The deal will see CMA CGM’s CEVA Logistics nearly triple its North American contract logistics scale, according to company disclosures. As part of the sale, FedEx and CMA CGM plan multi year commercial agreements covering air and ocean freight services. This move marks a clear shift for FedEx toward its core express and ground parcel operations, while stepping away from large...

How Investors May Respond To Fortinet (FTNT) Losing Russell Defensive Status Amid AI Security Spotlight
Simply Wall St.48d agobearish
How Investors May Respond To Fortinet (FTNT) Losing Russell Defensive Status Amid AI Security Spotlight

In late June, Fortinet, Inc. was removed from both the Russell 1000 Growth-Defensive Index and the Russell 1000 Defensive Index, even as it prepared to report second-quarter 2026 results on July 29. This index exclusion contrasts with growing investor attention around Fortinet’s role in AI-enabled cybersecurity and its expanding ecosystem of cloud marketplace and services partners. We’ll now examine how Fortinet’s index removal, against a backdrop of AI-focused enthusiasm, could influence...

The Truth Behind Rivian’s Insider Selling
24/7 Wall St.48d agobearish
The Truth Behind Rivian’s Insider Selling

Rivian executives sold millions in shares last month, and Reddit is convinced the stock is cooked. But the actual SEC filings point to a very different conclusion about who is truly betting on RIVN right now.

3 Value Stocks That Fall Short
StockStory48d agobearish
3 Value Stocks That Fall Short

The low valuation multiples for value stocks provide a margin of safety that growth stocks rarely offer. However, the challenge lies in determining whether these cheap assets are genuinely undervalued or simply on sale due to their potentially deteriorating business models.

Sterling Infrastructure (STRL) Joins Russell 1000 As Its Investor Base Starts To Shift
Simply Wall St.48d agobearish
Sterling Infrastructure (STRL) Joins Russell 1000 As Its Investor Base Starts To Shift

Sterling Infrastructure (NasdaqGS:STRL) has been added to the Russell 1000, Russell Midcap, and related growth and dynamic indices. The company has been removed from smaller cap benchmarks, including the Russell 2000 and its associated indices. This index migration highlights a shift in Sterling Infrastructure’s market profile and potential investor base. Sterling Infrastructure enters this index reshuffle with a share price of $700.75 and very strong recent stock performance, including a...

Oatly (OTLY) Stock Fair Value Falls As Analysts Cut Targets On Growth Risks
Simply Wall St.48d agobearish
Oatly (OTLY) Stock Fair Value Falls As Analysts Cut Targets On Growth Risks

Oatly Group is back in focus after analysts reset their price targets, with fair value in one key model moving from US$20.33 to US$17.75, a shift that trims about 12.7% from the implied valuation level. The latest revisions come with mixed commentary, where some analysts still see valuation support while others highlight execution risks around growth and profitability. Read on to see what is driving the changing targets for Oatly Group and how you can track this evolving story over...

Lexicon Pharmaceuticals (LXRX) Gains on Russell 3000 Inclusion
Insider Monkey48d agobearish
Lexicon Pharmaceuticals (LXRX) Gains on Russell 3000 Inclusion

Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) has gained more than 15% over the past month, mainly driven by the stock’s inclusion in the Russell 3000 index and strong Q1 2026 earnings. Wall Street expects more than 21% upside over the next 12-months making Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) one of the Best Rising Penny Stocks to Buy According […]

The Contracted Revenue Backlog Microsoft Stock Bears Keep Missing
Trefis48d agobearish
The Contracted Revenue Backlog Microsoft Stock Bears Keep Missing

Microsoft (MSFT) stock has had a tough run, down 20% over the last year and trailing the market significantly. The conversation is dominated by one large number: a plan to invest roughly $190 billion in capital expenditures in calendar year 2026. The question for skeptics is whether the demand for artificial intelligence is real enough to pay for it all.

Seagate (STX) Stock Falls As AI Storage Oversupply Fears Rattle Sentiment
Simply Wall St.48d agobearish
Seagate (STX) Stock Falls As AI Storage Oversupply Fears Rattle Sentiment

Seagate Technology Holdings (NasdaqGS:STX) shares dropped sharply as concerns grow about a potential oversupply in AI focused memory and data storage. Sector wide worries center on increased capacity from major storage competitors and signs that AI capital spending may be leveling off. Investors are reassessing demand expectations and pricing power across the storage supply chain as risk of a supply glut builds. For Seagate Technology Holdings, the pullback comes after a period of very...

Does AEIS’s Russell Index Shift Quietly Recast Its AI and Semiconductor Investment Story?
Simply Wall St.48d agobearish
Does AEIS’s Russell Index Shift Quietly Recast Its AI and Semiconductor Investment Story?

In late June 2026, Advanced Energy Industries, Inc. was rebalanced across the Russell index family, moving out of several small-cap indices and into multiple large- and mid-cap benchmarks, including the Russell 1000 and Russell Midcap Index. This shift signals that Advanced Energy is now being classified more as a larger, value- and growth-oriented company, potentially broadening its exposure to institutional investors who track these indices. Next, we’ll examine how Advanced Energy’s...

Did Broad Russell Index Removal Just Reshape Wayfair's (W) Investment Narrative?
Simply Wall St.48d agobearish
Did Broad Russell Index Removal Just Reshape Wayfair's (W) Investment Narrative?

Wayfair Inc. was removed on June 27, 2026 from several Russell growth benchmarks, including the Russell 1000, 2500, Small Cap Comp, Midcap, 3000, and 3000E Growth indices, following the annual index reconstitution. This broad index removal can matter for investors because it may prompt forced trading by index-tracking funds and alter Wayfair’s shareholder base and liquidity profile. With Wayfair’s broad removal from multiple Russell growth indices, we’ll examine how this change in index...