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Tesla Robotaxi Stumbles In Texas As Autonomy Hype Meets Rich Valuation
Simply Wall St.88d agobearish
Tesla Robotaxi Stumbles In Texas As Autonomy Hype Meets Rich Valuation

Tesla has begun rolling out its robotaxi service in Texas, tying a key part of its future to autonomous ride hailing. Early riders and local reports point to basic routing errors and minor low speed collisions during these first weeks of operation. These on the ground issues are emerging as Tesla positions autonomy and AI driven transport as central to its business story. Tesla (NasdaqGS:TSLA) enters this phase of its robotaxi push with the stock trading at $426.01 and up 5.4% over the past...

Starbucks Stumbles With Botched South Korean Promotion
The Wall Street Journal88d agobearish
Starbucks Stumbles With Botched South Korean Promotion

Starbucks shares fell 2% Tuesday after a promotion misfire and threatened boycotts in South Korea, one of the chain’s biggest markets. The company’s South Korean licensee recently ran a “Tank Day” marketing campaign, offering discounts on the company’s “Tank” tumbler series. The promotion’s last week coincided with the anniversary of a 1980 massacre in South Korea, when the country’s military deployed soldiers in tanks to crush a demonstration, killing protesters.

Walmart Joins Russell 3000 Elite As Investors Weigh Q1 Shakeup
Simply Wall St.88d agobearish
Walmart Joins Russell 3000 Elite As Investors Weigh Q1 Shakeup

Walmart (NasdaqGS:WMT) is set to enter the top 10 of the Russell 3000 Index during the June 2026 reconstitution, replacing Eli Lilly. The index change follows Q1 results where Walmart reported record sales alongside a cautious earnings outlook that triggered a sharp stock pullback. Two senior executives are leaving the company as Walmart reshapes its leadership team and refines its long term priorities. For you as an investor, Walmart sits at the crossroads of big box retail, grocery, and e...

Ferrari shares drop as Jony Ive-designed EV faces backlash
Proactive88d agobearish
Ferrari shares drop as Jony Ive-designed EV faces backlash

Ferrari (NYSE:RACE) shares fell 4.6% on Tuesday after the Italian automaker unveiled its first fully electric vehicle, the Luce, drawing criticism over its design and questions about the model's departure from the brand's identity. The four-door Luce, whose name is Italian for "light," was...

Investing.com88d agobearish
Is the current market backdrop really different from 2022? JPM weighs in

Investing.com -- JPMorgan told investors in a note on Tuesday that it "fundamentally believes that the current backdrop is different to 2022" and that central banks are unlikely to hike as aggressively as markets are pricing, using that view to build a case for adding to low-volatility stocks at current levels.

Oil Prices Fall on Iran War Deal Optimism: Pivot to This Stock Under $30 if The Deal Holds
24/7 Wall St.88d agobearish
Oil Prices Fall on Iran War Deal Optimism: Pivot to This Stock Under $30 if The Deal Holds

Crude oil has been one of 2026’s wildest trades. WTI ran from ~$56 in January to a $114.58 peak on April 7, before settling at $112.25 on May 18. With Washington and Tehran reportedly inching toward a deal to end the Iran conflict, every dollar shaved off a barrel of oil flows almost directly into ... Oil Prices Fall on Iran War Deal Optimism: Pivot to This Stock Under $30 if The Deal Holds

Intuit (INTU) Is Down 20.0% After Deep Job Cuts And Bigger AI Bet - What's Changed
Simply Wall St.88d agobearish
Intuit (INTU) Is Down 20.0% After Deep Job Cuts And Bigger AI Bet - What's Changed

In May 2026, Intuit reported higher third-quarter and nine‑month revenue and earnings, raised full‑year guidance, announced a 17% workforce reduction with an estimated US$300–US$340 million restructuring charge, affirmed a US$1.20 quarterly dividend, and completed US$12.57 billion of share repurchases under its long‑running buyback program. At the same time, Intuit accelerated its push into AI-powered financial software for mid‑market businesses with new Enterprise Suite enhancements and a...

Treasury Yields Fall Amid Hopes of Imminent Reopening of Hormuz
Barrons.com88d agobearish
Treasury Yields Fall Amid Hopes of Imminent Reopening of Hormuz

Treasury yields decline as U.S. and Iran negotiate the reopening of the Strait of Hormuz. Oil trades below $100 a barrel, although a final deal remains uncertain. The WSJ Dollar Index rises 0.1%. The Conference Board consumer confidence index is expected to edge lower to 92, in data due at 10 a.