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Lucid Sales Top Estimates. The Stock Is Down.
Barrons.com9d agoneutral
Lucid Sales Top Estimates. The Stock Is Down.

Wall Street was looking for sales of $361 million and a gross loss of $311 million, according to FactSet. The company delivered 3,953 vehicles in the second quarter, up from 3,309 cars a year ago. Selling more new Gravity SUVs helped boost sales volume.

CVS’s Turnaround Faces Its Next Test
Barrons.com9d agoneutral
CVS’s Turnaround Faces Its Next Test

CVS Health reports earnings Wednesday, with analysts expecting another solid quarter and looking for potential guidance upside from its Aetna insurance and Caremark pharmacy-benefit businesses.

S&P 500 Rides Tech Stock Resurgence to Fresh High
Barrons.com9d agobullish
S&P 500 Rides Tech Stock Resurgence to Fresh High

Wall Street saw a record-setting session on Tuesday thanks to a reignited tech stock rally. The S&P 500 gained 1.8%, breaking out to a fresh closing high, its first record in over two months. Tech stocks led the rally, sending the Nasdaq up 2.6%.

What's Driving Today's Record-Setting Rally?
Barrons.com9d agobullish
What's Driving Today's Record-Setting Rally?

Take your pick between the prospect of a U.S.-Iran peace deal, strong earnings, and a reignited AI trade as reasons the market is on the rise. The Nasdaq Composite was up 2.6%. The Trump administration has been vocal about talks it says are ongoing with Iran.

3 Reasons to Avoid MLKN and 1 Stock to Buy Instead
StockStory9d agobullish
3 Reasons to Avoid MLKN and 1 Stock to Buy Instead

MillerKnoll’s 21.5% return over the past six months has outpaced the S&P 500 by 15.1%, and its stock price has climbed to $23.62 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.

This Is the Worst Stock In the S&P 500 Today
Barrons.com9d agoneutral
This Is the Worst Stock In the S&P 500 Today

On Tuesday, the provider of software and hardware for automotive safety and self-driving applications reported second-quarter earnings per share of $1.63 from sales of $3.3 billion. For the third quarter, Aptiv seeks earnings per share of about $1.30. Aptiv recently spun off its electrical hardware business, Versigent, partly to focus on those higher-growth non-automotive opportunities.

S&P 500's Rapid Rise Signals Potential Gains Ahead
Barrons.com9d agoneutral
S&P 500's Rapid Rise Signals Potential Gains Ahead

The S&P 500 saw fresh intraday highs during Tuesday's session and was on track for a new record close. The index was up 1.5% around 7715 in midday trading, above the existing closing high of 7609.78 hit on June 2. The S&P 500's climb to today's levels has been atypically swift.