Stocks

Tesla smashed Q2 delivery expectations with 480,126 vehicles, yet shares plunged 7.5% in a textbook "sell-the-news" profit-taking rout. This analytical report breaks down Tesla's fundamental CapEx shift, regulatory hurdles, and critical chart thresholds to watch.

Tata Motors Passenger Vehicles said Jaguar Land Rover’s Q1 FY27 retail sales fell 15.3% year on year to 80,000 units, citing temporary supply disruptions tied to Middle East conflict-related market disruption and a fire at a key component supplier. Wholesale volumes declined 9.2%, with sharper drops in China, Europe and overseas markets. The company said the impact was temporary and that it will report April–June quarter financial results in August. Tata Motors PV shares have fallen 13% over the past month and have struggled to rebound after hitting a 52-week low.

Xun Ce Technology (3317.HK) said it has priced a placement of new H shares at HK$107.7 per share. The company also announced the issuance of a RMB1.36 billion zero-coupon convertible bond that is denominated in renminbi, settled in U.S. dollars and due 2027. It did not disclose specific uses of proceeds or any major strategic changes, and said there were no adjustments to guidance or regulatory events triggering the move.

The U.S. Food and Drug Administration has upgraded a recall of certain Utz Quality Foods potato chips under its Zapp’s and Dirty brands to a Class I event, citing a seasoning ingredient that may contain salmonella-contaminated dry milk powder. The affected products were sold nationwide and include multiple flavors with “Best By” dates running through Aug. 31, 2026. Utz said it initiated the recall voluntarily out of an abundance of caution and has not received any illness reports. The company said it is working with the FDA as part of an ongoing investigation.

MacRitchie Investments, an investment arm of Temasek, plans to sell a 2.6% stake in PB Fintech, the parent of Policybazaar, through a block deal. The offering involves 1.19 crore shares valued at about ₹1,908 crore. The floor price is set at ₹1,604 per share, a 4.6% discount to the previous close. The transaction has launched, with buyer identities expected to be disclosed later via stock exchange filings.

Nvidia reported results for the first quarter of fiscal 2027, with revenue rising 85% year over year to $22.1 billion and data center revenue up 92%. The company said visible orders for its Blackwell architecture increased to $1 trillion, alongside $119 billion in supply-chain commitments. It also announced a new $80 billion share repurchase program and raised its dividend.

On June 26, 2026, Micron Technology CEO Sanjay Mehrotra sold about 40,000 shares, cashing out $46.13 million in transactions disclosed across two SEC Form 4 filings. The sale was larger than all of his earlier trades in 2026, after he sold about $59.50 million worth of stock in May. Micron shares have risen 227% this year to $1,032, a move tied to AI server memory demand, but Meta and SpaceX opening AI compute capacity has added to worries about overheating demand and potential oversupply.

Apple (AAPL) advances 1.73% on July 1, 2026, reaching $294.38 as expanded Creator Studio AI functionalities and strategic MacBook hardware pricing re-rate revenue estimates.

Microsoft (MSFT) surged 3.02% to $384.28 on July 1, 2026, outperforming high-beta hardware trackers as big-tech fund flows pivot back into software monetization plays.

PepsiCo (PEP) jumped 4.25% to close at $141.16 on July 1, 2026, as defensive portfolio allocations and key agricultural sustainability data trigger a high-volume value rebound.