🚙 Renault is in trouble

Good evening. Trump floated the idea of firing Fed Chair Jerome Powell, then quickly walked it back, calling it “highly unlikely.” Dramatic, right? Now, let’s dive into the day’s biggest stock movers.

⬆︎⬇︎ 1-day change
Market data: today’s market close

WINNERS

⬆︎17.03% Joby Aviation

Ahead of schedule. The flying car startup announced it’s doubling production at its California facility as it gears up for a planned 2026 launch. The expanded site will handle manufacturing, pilot training, and maintenance. Toyota engineers are working closely with Joby to streamline the process too. [Read more]

⬆︎14.38% Unity

On another level. Jefferies first upgraded Unity from Hold to Buy back in May, citing strong momentum from its Vector ad platform. Now, the firm is doubling down, raising its price target from $29 to $35 after seeing continued gains in Vector’s performance, with ad returns and app installs still trending up. [Read more]

⬆︎6.23% Brighthouse

The insurance and annuity provider is reportedly in talks to be acquired by Aquarian Holdings, a private investment firm. Brighthouse has been exploring a sale for months, and private equity buyers have shown growing interest in insurers for the large asset pools they manage. [Read more]

⬆︎6.19% Johnson & Johnson

🛎️ Earnings report - So good they named it twice. Not only did the healthcare powerhouse post strong Q2 results, it also raised its full-year forecast. Because what are tariffs, right? Cancer drug Darzalex led the way, autoimmune drug Stelara lagged a bit, and the medical device business outperformed. [Read more]

⬆︎3.50% Tesla

Tesla’s best-seller is getting a family-friendly twist. The EV maker just filed plans in China for a new 6-seat version of its Model Y Long Range, featuring a longer wheelbase to give passengers (especially in the third row) more space. The new variant is built specifically for the Chinese market. [Read more]

⬆︎⬇︎ 1-day change
Market data: today’s market close

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LOSERS

⬇︎8.33% ASML

🛎️ Earnings report - The Dutch chipmaking toolmaker actually posted solid Q2 results, but its outlook is murky. The company couldn’t reaffirm its 2026 targets because of tariffs. Its Q3 sales forecast also came in below what analysts were hoping for. Some think chip industry slowdowns (like weaker spending from Intel and Samsung) may be doing more damage than tariffs. [Read more]

⬇︎18.47% Renault

Rough patch. Renault’s CFO has stepped in as interim CEO and warned that the French automaker’s profits will be slow this year as June sales. Slower retail sales, struggles in its commercial vehicle unit, and billing delays all impacted results. [Read more]

⬆︎⬇︎ 1-day change
Market data: today’s market close

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