Market Overview - U.S. stocks showed mixed performance with the Dow Jones index falling approximately 0.2% to 43,011.70, while the NASDAQ rose by 0.20% to 19,953.27 and the S&P 500 increased by 0.02% to 6,093.14 [1] - Information technology shares experienced a notable increase of 0.8%, while real estate stocks declined by 1.3% [1] Commodities - Crude oil prices rose by 2.5% to $65.99, gold increased by 0.3% to $3,343.80, silver was up 1% to $36.070, and copper rose by 0.7% to $4.9605 [5] European Markets - European shares were generally lower, with the eurozone's STOXX 600 falling by 0.74%, Spain's IBEX 35 Index down 1.59%, London's FTSE 100 down 0.46%, Germany's DAX 40 down 0.61%, and France's CAC 40 slipping by 0.76% [6] Asian Markets - Asian markets closed higher, with Japan's Nikkei gaining 0.39%, Hong Kong's Hang Seng Index up 1.23%, China's Shanghai Composite rising 1.04%, and India's BSE Sensex increasing by 0.85% [7] Company News - Plus Therapeutics, Inc. saw its shares surge by 59% to $0.2968 following FDA clearance for its investigational new drug application for REYOBIQ [9] - QuantumScape Corporation's shares rose by 36% to $5.88 after achieving a key milestone in integrating its advanced Cobra separator process [9] - SeaStar Medical Holding Corporation's shares increased by 49% to $0.5362 due to strategic actions for Nasdaq compliance [9] - Lifeward Ltd. experienced a drop of 38% to $0.6015 after announcing a public offering of 4 million shares at $0.65 per share [9] - Torrid Holdings Inc. shares fell by 37% to $3.1900 following the pricing of a secondary offering of 10 million shares at $3.50 per share [9] - Allot Ltd. shares decreased by 17% to $8.01 after announcing a public offering of 5 million shares at $8.00 per share [9] Economic Indicators - Sales of new single-family homes in the U.S. decreased by 13.7% to an annualized rate of 623,000 units in May [11] - U.S. building permits fell by 2% to an annualized rate of 1.394 million in May [11] - The volume of mortgage applications in the U.S. increased by 1.1% from the previous week [11] - U.S. crude oil inventories declined by 5.836 million barrels, significantly exceeding market estimates of a 0.75 million barrel decrease [11]

Core Insights - Walmart Inc. is facing macroeconomic challenges and tariffs while aiming for continued revenue growth, with a new strategy involving "dark stores" to enhance delivery and e-commerce capabilities in competition with Amazon [1][4]. Group 1: Dark Stores Strategy - Walmart has opened its first dark store in Dallas and plans another in Bentonville, Arkansas, which are closed to the public and stock popular consumer items [2]. - These dark stores function as large warehouses to complement existing facilities, increasing the speed and range of Walmart's delivery services [2][3]. - The company may expand the number of dark stores in the future, emphasizing faster delivery as a key priority [3]. Group 2: E-commerce and Competition - Walmart's strategy to enhance e-commerce is not new, as it previously operated similar warehouses in the mid-2010s, which were mostly closed post-COVID-19 [4]. - To compete with Amazon and other digital retailers, Walmart has introduced services like pharmacy delivery and expanded its third-party marketplace offerings [5]. - Walmart anticipates achieving profitability in its online segment this year after significant investments, despite Amazon's higher revenue totals in recent quarters [5]. Group 3: Financial Performance - In fiscal year 2024, Walmart reported revenue of $681.0 billion, while Amazon's revenue was $638.0 billion, including $107.6 billion from AWS [7]. - Walmart's focus on e-commerce is expected to bolster its growth and help counter Amazon's competition [7]. - Walmart's stock is currently trading at $97.78, reflecting an 8.5% increase year-to-date in 2025 and a 44.8% rise over the past year [7].

Core Viewpoint - Carnival Corp reported strong fiscal second-quarter results, exceeding expectations, but shares traded lower amid a challenging market environment [1][2]. Group 1: Analyst Ratings and Price Targets - Goldman Sachs analyst Lizzie Dove maintained a Buy rating and raised the price target from $31 to $33, citing significantly better-than-expected results and conservative guidance [2]. - Stifel analyst Steven M. Wieczynski reaffirmed a Buy rating and increased the price target from $33 to $34, noting gross and net revenues of $6.3 billion and $4.9 billion, respectively, which surpassed consensus estimates [4]. Group 2: Financial Performance and Guidance - Carnival's management raised full-year guidance for adjusted earnings from $1.83 per share to $1.97 per share and for adjusted EBITDA from $6.7 billion to $6.9 billion [4]. - The company indicated that 2026 bookings are approaching record levels, which may alleviate investor concerns regarding cruise demand [5]. Group 3: Market Context and Strategic Positioning - Despite a murky macro and geopolitical environment, Carnival's local European exposure and focus on drive-to/shorter itineraries from the U.S. provide a buffer against potential headwinds [3]. - Analysts highlighted the significant free cash flow generation currently being produced, which will assist in deleveraging Carnival's balance sheet [5].

Group 1: Tesla - Tesla's robotaxi model is characterized by vertical integration, controlling all aspects of production from battery manufacturing to software development [1][2] - The company launched its Robotaxi service in Austin, TX, with a limited debut featuring over 10 Model Ys during an invite-only event [2] Group 2: Uber - Uber operates primarily as a platform connecting riders with drivers or autonomous vehicles, without manufacturing vehicles or developing autonomous technology at scale [3] - The platform's model allows for rapid scaling but presents risks related to driver retention and profit margins, especially if autonomous rides become cheaper than human-driven ones [4] Group 3: Waymo - Waymo, a subsidiary of Alphabet, operates its own fleet of high-end robotaxis equipped with advanced LiDAR and sensor technology, focusing on safety and technological sophistication [4][5] - The high cost of Waymo's vehicles complicates scaling, leading the company to partner with platforms like Uber to expand its customer base [5] - Waymo's robotaxis are integrated into Uber's platform in cities like Austin and Atlanta, with plans for further expansion, while also being available through its own Waymo One app in other markets [5][6]

Another analyst is staying on the sidelines of CoreWeave Inc CRWV after the rally in shares since the March IPO.The CoreWeave Analyst: H.C. Wainwright analyst Kevin Dede initiates coverage on CoreWeave with a Neutral rating with no price target.Read Also: CoreWeave’s 290% Rally Raises Valuation Fears, Analyst Says ‘Upside Has Been Priced In’The Analyst Takeaways: CoreWeave is taking the AI sector by storm with both speed and excellence, Dede said in a new investor note."A tangled web, carefully woven, deliv ...

Cathie Wood's two favorite Elon Musk ventures—Tesla Inc TSLA and SpaceX – are heading for the stratosphere, but not at the same speed.According to Wood's latest projections, Tesla stock could hit $2,600 by 2030 – that’s a jaw-dropping $8.19 trillion market cap (assuming no change in shares outstanding). On the other hand, she sees SpaceX at a lofty $2.5 trillion by 2030.That means SpaceX, even after launching thousands of satellites and pioneering global broadband via Starlink, would be valued at just 30.5% ...

Core Viewpoint - The Invesco QQQ ETF has recently experienced a Golden Cross, indicating a potential long-term uptrend supported by strong price momentum and a robust technology sector backbone [1]. Technical Indicators - The QQQ ETF closed at $539.78, trading above all key simple moving averages (SMA), including the eight-day SMA at $531.40, the 20-day at $528.09, and the 50-day at $501.48, confirming strong upward momentum [2]. - The MACD is at 7.87, and the RSI is at 66.09, suggesting that while QQQ is heating up, it is not yet overbought [3]. Performance of Holdings - Key holdings such as Netflix, Meta, and Microsoft have shown significant year-to-date gains of 44.25%, 18.85%, and 17.09% respectively, contributing to the overall strength of the QQQ ETF [3]. - Despite some underperformance from major players like Apple, Tesla, and Alphabet, the overall market-cap heavyweights are still driving growth, with Meta benefiting from AI monetization, Netflix leveraging its content strategy and ad tiers, and Microsoft excelling in cloud and enterprise services [4]. Market Sentiment - The QQQ ETF serves as a sentiment proxy for the Nasdaq 100, and with a confirmed technical breakout and strong performance from tech bellwethers, the focus is on whether investors are already positioned in this growth opportunity [5].

Earnings Report - Micron Technology is set to release its third-quarter earnings results, with analysts expecting earnings of $1.61 per share, a significant increase from $0.62 per share in the same period last year [1] - Projected quarterly revenue is anticipated to be $8.85 billion, compared to $6.81 billion a year earlier [1] Analyst Ratings - Rosenblatt analyst Kevin Cassidy has maintained a Buy rating for Micron Technology with a price target of $172 [2] - The company currently offers an annual dividend yield of 0.36%, translating to a quarterly dividend of $0.12 per share, or $0.46 annually [2] Dividend Income Calculations - To achieve a monthly income of $500 from dividends, an investor would need to own approximately 13,043 shares, equating to a total investment of about $1,668,330 [3] - For a more conservative monthly income goal of $100, an investor would need around 2,609 shares, requiring an investment of approximately $333,717 [4] Dividend Yield Dynamics - The dividend yield can fluctuate based on changes in the stock price and dividend payments, illustrating the relationship between stock price and yield [5][6] - For instance, if a stock's price increases, the dividend yield decreases, and vice versa [5] Stock Performance - Shares of Micron Technology increased by 4.8%, closing at $127.91 on Tuesday [6]

Group 1 - Two stocks in the utilities sector are signaling potential warnings for momentum-focused investors [1] - The Relative Strength Index (RSI) is a key momentum indicator, with values above 70 indicating overbought conditions [2] - Major overbought stocks identified in the sector include Korea Electric Power Corp and Genie Energy Ltd [3] Group 2 - Korea Electric Power Corp has frozen electricity rates for Q3, resulting in a 20% stock increase over the past five days, with a 52-week high of $12.68 and an RSI value of 82.7 [6] - Genie Energy reported a first-quarter adjusted EPS of 42 cents, up from 33 cents a year ago, with a stock gain of around 30% over the past month and a 52-week high of $28.00, having an RSI value of 91.2 [6]

Group 1: FedEx Corporation - FedEx reported fourth-quarter revenue of $22.2 billion, exceeding analyst estimates of $21.84 billion [1] - The company achieved fourth-quarter adjusted earnings of $6.07 per share, surpassing analyst expectations of $5.87 per share [1] - For the first quarter, FedEx expects adjusted earnings to be between $3.40 and $4 per share, lower than the estimates of $4.15 per share [2] - FedEx anticipates revenue to be flat to up 2% year-over-year in the first quarter [2] - FedEx shares fell 5.4% to $216.85 in pre-market trading following the soft first-quarter guidance [2] Group 2: Other Companies - Torrid Holdings Inc. saw a significant drop of 29.4% to $3.59 in pre-market trading due to the announcement of a secondary offering of common stock [4] - Allot Ltd. experienced a 9% decline to $8.75 in pre-market trading after announcing the pricing of an underwritten public offering of ordinary shares [4] - QXO, Inc. fell 6.9% to $21.87 in pre-market trading following the announcement of a common stock offering [4] - Cidara Therapeutics, Inc. dropped 6.6% to $43.75 in pre-market trading after announcing an upsized public offering of common stock [4] - Standard BioTools Inc. decreased by 4.9% to $1.1604 in pre-market trading after announcing a strategic sale of SomaLogic to Illumina [4] - AST SpaceMobile, Inc. dipped 4.6% to $50.76 in pre-market trading due to the pricing of a repurchase of convertible notes and a registered direct offering of Class A common stock [4] - Daktronics, Inc. fell 3.4% to $14.68 in pre-market trading following disappointing quarterly sales [4]