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Red Cat Just Dropped 26% in a Month: Are Drone Stocks Like RCAT, Ondas, Redwire, and AeroVironment Out of Fuel?
24/7 Wall St.26d agobearish
Red Cat Just Dropped 26% in a Month: Are Drone Stocks Like RCAT, Ondas, Redwire, and AeroVironment Out of Fuel?

Red Cat Holdings (NASDAQ:RCAT) stock is down 26% over the past month and down 8% today to $7.86, putting the drone maker at the heart of a broader shakeout in defense-tech names. The question is whether the group is out of fuel or simply cooling off after a large run higher. The answer looks mixed across ... Red Cat Just Dropped 26% in a Month: Are Drone Stocks Like RCAT, Ondas, Redwire, and AeroVironment Out of Fuel?

Walmart (WMT) Partners With ReturnPro To Resell Returned Products
Simply Wall St.26d agobearish
Walmart (WMT) Partners With ReturnPro To Resell Returned Products

Walmart, ticker NasdaqGS:WMT, has partnered with ReturnPro to refurbish and resell returned products. The initiative focuses on recouping losses from online returns while reducing waste through refurbishment and resale. The move targets both operational efficiency and environmental impact in Walmart’s growing e-commerce business. Walmart enters this agreement with ReturnPro at a time when its stock price stands at $110.39 and the company has delivered a return of 16.1% over the past year...

Teen plaintiff suing Meta over mental health harms drops his claims against company days before trial
Reuters26d agobearish
Teen plaintiff suing Meta over mental health harms drops his claims against company days before trial

A Florida teen dropped his lawsuit on Wednesday against Meta Platforms, canceling a Los Angeles trial over claims the social media company's apps caused his depression and anxiety. The trial, which had been ‌slated to begin on Monday, was expected to be the second trial in thousands of lawsuits that have been ‌consolidated in California state court over claims social media companies designed their platforms to be addictive to children, spurring a youth mental health crisis. The lawsuit, brought ​by a 15-year-old boy known as R.K.C. who started using social media when he was 8, originally named four defendants: Google's YouTube, Meta's Instagram, Snap Inc's Snapchat and ByteDance's TikTok, but YouTube and TikTok settled in June.

Another crypto company to sell its Bitcoin stash
TheStreet26d agobearish
Another crypto company to sell its Bitcoin stash

As Bitcoin (BTC) has been crashing over the last few months, several cryptocurrency companies have been selling their BTC holdings. Bitdeer Technologies Group (Nasdaq: BTDR), one of the largest Bitcoin mining companies, has fully liquidated its corporate BTC holdings in February. MARA Holdings ...

Will Morgan Stanley’s Downgrade on Slower Core Growth Shift Wix.com’s (WIX) AI-Led Narrative?
Simply Wall St.26d agobearish
Will Morgan Stanley’s Downgrade on Slower Core Growth Shift Wix.com’s (WIX) AI-Led Narrative?

Morgan Stanley recently downgraded Wix.com from “Overweight” to “Equal-weight,” citing concerns about the core website-building business and softer consolidated bookings and revenue growth expectations following organizational changes and partner slowdowns. This shift in analyst stance comes even as new offerings like Base44, Wix Harmony, and the expanded Wix Headless AI integrations signal ongoing product innovation aimed at broadening the platform’s role in online business building. We’ll...

JPMorgan CEO cuts to the chase on stock market danger
TheStreet26d agobearish
JPMorgan CEO cuts to the chase on stock market danger

JPMorgan Chase just had the most profitable quarter in its history. Second-quarter net income came in at $21.2 billion, powered by a surge in trading revenue and a gain on its Visa stake. The S&P 500 is up close to 10% this year. Consumers are still spending. Inflation has moderated. By most ...

Analysts Fret About Nike's 'Strategic Misstep'
The Wall Street Journal26d agobearish
Analysts Fret About Nike's 'Strategic Misstep'

Analysts who follow Nike are expressing skepticism about its move to consolidate online sales in China. The company said Wednesday that it will cut off most of the third-party e-commerce vendors who sell its products, consolidating sales into about a dozen of the country’s top e-commerce platforms and Nike’s own Chinese-language website and app. “The decision to terminate this very important channel is a strategic misstep in our view,” said Laurent Vasilescu, an analyst at BNP Paribas.

Roblox’s Mobile AI Build Launch Amid Safety Lawsuits Might Change The Case For Investing In RBLX
Simply Wall St.26d agobearish
Roblox’s Mobile AI Build Launch Amid Safety Lawsuits Might Change The Case For Investing In RBLX

Earlier this month, Roblox Corporation introduced Build, a mobile-first creation tab with integrated AI tools that let users generate playable game prototypes from text prompts directly in the core app, while linking work seamlessly with Roblox Studio and offering both free and paid tiers. At the same time, Roblox faces expanded securities class action lawsuits alleging prior misstatements about platform safety and the financial impact of its global age-verification rollout, underscoring how...

Boston Scientific (BSX) Stock Still Looks Undervalued Following Its 58% Slump
Simply Wall St.26d agobearish
Boston Scientific (BSX) Stock Still Looks Undervalued Following Its 58% Slump

Boston Scientific stock has had a tough run over the past year, yet the valuation checks still lean supportive, setting up a clear tension between recent share price weakness and what the broader metrics suggest about value. Boston Scientific shares are down about 58.1% over the past year, which sharply resets expectations around what investors are willing to pay for the business. Upcoming earnings and progress integrating recent device acquisitions may support sentiment, while ongoing Class...

🔎 Under the Radar: GE Vernova Stock Slides on Earnings Miss
The Wall Street Journal26d agobearish
🔎 Under the Radar: GE Vernova Stock Slides on Earnings Miss

Demand for GE Vernova's equipment rose again in the second quarter of the year, but shares slid about 6% Wednesday morning. The company’s earnings per share missed analyst expectations, though its $11.1 billion in revenue for the quarter was higher than expected. It raised revenue and free cash flow guidance for the year.

Jim Cramer Defends His Dell Stance as Investors Complain About Missing Out
Insider Monkey26d agobearish
Jim Cramer Defends His Dell Stance as Investors Complain About Missing Out

Dell Technologies Inc. (NYSE:DELL) provides storage systems, servers, networking gear, and consulting services, as well as laptops, desktops, workstations, and accessories. On Tuesday’s episode of Mad Money, Jim Cramer addressed some of the complaints his viewers made regarding Dell and other companies whose stocks experienced a massive rally. He stated: Some of you have complained […]

How many employees does Walmart have? Its workforce & layoffs explained
TheStreet26d agobearish
How many employees does Walmart have? Its workforce & layoffs explained

This may come as a surprise, but one of the world’s biggest winners of the artificial intelligence (AI) revolution isn’t actually a technology firm — it’s Walmart (WMT), the big-box discount retailer. Thanks to its early and aggressive bets on AI beginning in the late 2010s, Walmart has transformed ...