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• Amazon's Leo satellite constellation has surpassed 390 satellites following its 14th launch, with 394 currently in orbit of 398 launched since April 2025.
• Super Micro Computer said two employees at its Taiwan unit have been detained pending a court hearing, while two others were released on bail.
• A securities research firm lifted its price target to $100 while maintaining Outperform.
• The pullback extends a nearly 69% year-to-date rally in the stock.
• WMT shares closed up 2.78% today at $111.84, significantly outperforming the consumer staples sector.
• The decline came on notable volume, significantly underperforming the industrials sector.
• HD shares closed up 2.01% today at $357.90, outperforming the broader consumer discretionary sector.
• The Dow Jones Industrial Average closed at a record 52,900.07 points, up 1.14 percent, while the Nasdaq Composite fell 0.8 percent to 25,832.67.
• The stock trades at a forward P/E near 8x, close to decade lows.
• A securities research firm highlighted supply constraints and resilient energy-transition copper demand.
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