{"id":17818,"date":"2025-07-08T02:34:00","date_gmt":"2025-07-08T02:34:00","guid":{"rendered":"https:\/\/finderica.com\/?p=17818"},"modified":"2025-07-08T02:34:00","modified_gmt":"2025-07-08T02:34:00","slug":"tesla-uber-stellantis-wns-and-more","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=17818","title":{"rendered":"Tesla, Uber, Stellantis, WNS and more"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Tesla \u2014 The EV-maker tumbled almost 8% after CEO Elon Musk said he would form a new political party called &#8220;America Party.&#8221; Musk has been feuding with President Donald Trump, who called the new party &#8220;ridiculous.&#8221; Uber Technologies \u2014 Shares of the ride-hailing company hit an all-time high of $97.12 and recently were up by 3% on the day. Monday&#8217;s gains put Uber up nearly 60% for the year. Royal Gold &#8211; The precious metal management company dropped more than 8% after agreeing to acquire Sandstorm Gold and Horizon Copper . Royal Gold is buying Sandstorm in an all-share transaction valued at approximately $3.5 billion, while the Horizon Copper all-cash deal is valued at $196 million. MP Materials \u2014 The rare earth miner dropped nearly 4% after Jefferies downgraded to hold from buy while lifting its price target to $33 from $32, saying &#8220;China&#8217;s shift to short-term export licenses for rare earth magnets reduces the risk of near-term shortages,&#8221; at the same time as &#8220;the demand outlook remains mixed for key markets (electronics, windmills, EVs, robots).&#8221; Stellantis &#8212; The Chrysler and Jeep maker dropped 4% after Bank of America downgraded Stellantis to neutral from buy. The investment bank said Stellantis&#8217; electric vehicle business is poorly positioned in Europe and the company is in a &#8220;year of transition&#8221; under new CEO Antonio Filosa. WNS Holdings \u2014 Shares jumped 14% after French multinational Capgemini agreed to acquire WNS for $3.3 billion in cash, or $76.50 per share, a 17% premium to the WNS closing price on July 3. Geo Group , CoreCivic \u2014 The private prison companies each gained about 3%. Trump&#8217;s spending and tax cut bill, signed into law on July 4, includes a significant increase in funding for immigration detention centers. Apogee Therapeutics \u2013 Shares fell about 15% after the biotech company released clinical trial results for an antibody to treat eczema. The antibody reduced eczema severity by 71% over 16 weeks, compared to about 34% in the placebo group. Apogee has climbed 23% in the past three months. Phibro Animal Health \u2014 The animal health and nutrition stock popped 8% after an upgrade to overweight at JPMorgan. The bank said, &#8220;Execution across the Animal Health portfolio has been solid over the past few quarters and we expect these trends to continue supported by strong customer demand and healthy industry fundamentals.&#8221; Fortrea Holdings &#8212; Shares of the global contract research organization fell 8.3%. Fortrea, which was spun out of Labcorp in 2023, has lost more than 74% year to date. SolarEdge Technologies \u2014 The solar company fell about 3%. The stock jumped 39% last week after a tax on solar and wind projects was removed from Trump&#8217;s spending bill. But the law also removed federal support for solar and wind power. CrowdStrike \u2014 Shares dropped more than 2% after Piper Sandler downgraded the cybersecurity company to neutral from overweight, making a &#8220;valuation call&#8221; after the stock&#8217;s recent runup. CrowdStrike shares are up more than 46% year to date. Shell \u2014 U.S.-listed shares of the oil and gas company dropped nearly 3% after Shell said it expects weaker gas trading will hurt quarterly earnings. The company is due to report second-quarter results on July 31. MGM Resorts International \u2014 The casino stock lost nearly 2% after Goldman Sachs initiated research coverage with a sell rating. The investment bank said it expects pressure on MGM&#8217;s free-cash-flow generation to weigh on capital returns and valuation. \u2014CNBC&#8217;s Fred Imbert, Michelle Fox, Jesse Pound, Sarah Min, Spencer Kimball and Yun Li contributed reporting.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/07\/07\/stocks-making-big-midday-moves-tesla-uber-stellantis-wns-and-more.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla \u2014 The EV-maker tumbled almost 8% after CEO Elon Musk said he would form a new political party called &#8220;America Party.&#8221; Musk has been feuding with President Donald Trump, who called the new party &#8220;ridiculous.&#8221; Uber Technologies \u2014 Shares of the ride-hailing company hit an all-time high of $97.12 and recently were up by<\/p>\n","protected":false},"author":1,"featured_media":17819,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[4233,2396,2018,7209],"class_list":{"0":"post-17818","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-stellantis","9":"tag-tesla","10":"tag-uber","11":"tag-wns"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/17818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17818"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/17818\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/17819"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}