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Has Coupang (NYSE:CPNG) Fallen Far Enough To Look Undervalued?
Simply Wall St.49d agobearish
Has Coupang (NYSE:CPNG) Fallen Far Enough To Look Undervalued?

Coupang stock has quietly fallen out of favor over the past few years, yet the current valuation checks now lean on the cheap side. This raises the question of whether the share price is pricing in too much pessimism after a long drawdown. Coupang shares have declined 54.7% over the past 5 years, which suggests long term holders have taken a meaningful hit and may be anchored to past losses when judging the current valuation. On the one hand, the latest U.S. House report highlighting...

Tesla blows past Q2 delivery forecasts, but the stock is falling
Yahoo Finance Video49d agobearishVIDEO
Tesla blows past Q2 delivery forecasts, but the stock is falling

Tesla's (TSLA) EV deliveries for its second quarter blew the doors off Wall Street expectations, reporting 480,126 deliveries compared to the Bloomberg consensus of 397,466. Despite showing 34% quarter-over-quarter growth, the stock is moving lower ahead of Thursday's market close. Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down these figures out from Tesla and why the stock is reacting this way.

Did the World’s Best AI Lab Really Sell to Google for Just $5 Million?
24/7 Wall St.49d agobearish
Did the World’s Best AI Lab Really Sell to Google for Just $5 Million?

On a recent Diet TBPN segment, Jordi Hays and his co-host wandered back to December 2010, when a young neuroscientist named Demis Hassabis raised a small amount of funding for a research outfit called DeepMind. The number Jordi surfaced is the kind that makes you spit out your coffee. He said DeepMind “sold half the ... Did the World’s Best AI Lab Really Sell to Google for Just $5 Million?

U.S. Refiners Are Running “Incredibly Hard.” Here’s Why Gas Prices Aren’t Falling
24/7 Wall St.49d agobearish
U.S. Refiners Are Running “Incredibly Hard.” Here’s Why Gas Prices Aren’t Falling

Crude oil has fallen sharply from its spring highs, yet many drivers are still paying far more at the pump than they were expecting. In a recent CNBC segment, Helima Croft, Head of Global Commodity Strategy at RBC Capital Markets, argued that tight gasoline supplies, U.S. refiners already running “incredibly hard,” and a potentially pivotal ... U.S. Refiners Are Running “Incredibly Hard.” Here’s Why Gas Prices Aren’t Falling

Howmet Aerospace (HWM) Joins Major Russell Indexes As It Leaves Midcap Benchmarks
Simply Wall St.49d 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 Journal49d 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.49d 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.49d 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.49d 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.49d 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
Proactive49d 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...

Bloomberg49d 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