Morgan Stanley Upgrades Winbond and Nanya to Overweight on Strong Memory Chip Market Outlook 
Nvidia Unveils RTX Spark AI PC Chips, Expands Challenge to Intel, AMD, and Apple 
HPE Raises 2026 Outlook After Record Q2 Revenue Fueled by AI Server Demand 
US Quantum Stocks Surge After $2 Billion Government Investment 
Anthropic Files for IPO, Signaling a New Era for Public AI Investments in 2026 
Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements 
US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns 
Berkshire Hathaway to Acquire Taylor Morrison in $6.8 Billion Homebuilding Deal 
Gold Prices Fall as Stronger Dollar and Iran Tensions Weigh on Market Sentiment 
Japan Weighs Two-Year Food Tax Cut Starting in 2027 to Ease Cost-of-Living Pressure 
UK House Prices Record First Monthly Decline Since December as Iran Conflict Dampens Market Confidence 
Kevin Warsh Faces Early Fed Test as Inflation Risks Challenge Rate-Cut Expectations 
Oil Prices Rebound Above $92 as Israel-Hezbollah Conflict Fuels Middle East Supply Concerns 
India Manufacturing Growth Accelerates in May Despite Rising Costs 
Rising Airfares May Challenge Cruise Industry Growth Ahead of 2027 Booking Season 
LG Electronics Stock Hits Record High on Nvidia AI Partnership Speculation 
Gold Prices Hold Steady as Fed Rate Hike Expectations Offset Middle East Tensions 
Tesla sold 8,621 cars in China in July, accounting for just 3.9 percent sales of battery electric vehicles in the country, down nearly 70 percent from its 12.6 percent share in June, according to the China Passenger Car Association.
Analyst Gordon Johnson said that Tesla overbuilt Chinese capacity when compared to domestic demand, which will result in further price cuts and margin pressure.
But Tesla investors seemed unfazed by the sales decline, with shares dropping less than 2 percent in early trading Tuesday.
Last month, Tesla exhibited that its declining numbers in China didn't stop it from posting better than expected global sales for the full quarter, according to Wedbush Securities tech analyst Dan Ives. He noted that its numbers in China had not been the best indicator of Tesla's success.
Nonetheless, Ives warned that if Tesla's sales in China don't improve, it could eventually face serious problems.
Meanwhile, the export of Tesla cars built at its Shanghai plant soared to 24,347 for July, compared with 5,017 in June.
