Luckin Coffee (OTCPK:LKNC.Y) Adds NYC Stores as Valuation Questions Linger
July 7, 2026, 5:05 AM EDT. Luckin Coffee (OTCPK:LKNC.Y) is growing its New York City footprint with more shops and self-order kiosks, plus it opened a smart roasting center in Qingdao. Shares are at $31.21, up 11.07% in seven days but still off more than 19% over the past year. The five-year gain stands at 102.53%. Analysts see fair value at $45.70, which would put the current price about 31.7% below this mark. Margin pressure from fast store growth and higher delivery costs are flagged as risks. How much the price gap closes will depend on revenue gains, margins picking up, and whether the expansion works out in the context of China’s urbanization and a growing middle class. Investors have to balance the company’s growth moves against ongoing profit doubts.
Luckin Coffee (OTCPK:LKNC.Y) Expands In Ne…
Nasdaq Futures Slip as Traders Worry About AI Stock Values
July 7, 2026, 5:04 AM EDT. Stock futures were uneven Tuesday, with Nasdaq futures down as traders questioned how much AI companies are worth. The Dow and S&P 500 futures traded cautiously, and Treasury yields got some attention. Investors kept a close eye on AI stock prices and future profit outlooks, making the tech sector the focus as the Nasdaq slid.
Stock futures mixed as Nasdaq futures slid…
Rivian Shares Drop 12.2% in First Half; $1,000 Now $877
July 7, 2026, 5:03 AM EDT. Rivian Automotive shares slid 12.2% in the first half of 2026, ending June at $17.35, down from $19.78 back on January 2. A $1,000 stake at the start of the year is now worth around $877. The stock has slumped as Rivian continues to burn cash while pouring money into production. Capex hit $372 million in Q1, up from $338 million last year, with a net loss of $416 million, less than the $541 million booked in Q1 2025. CEO RJ Scaringe pointed to the new Georgia plant, which won’t begin producing cars until 2028 and won’t be fully ramped up before 2030. Bigger moves for the stock could be a long way off.
If You Invested $1,000 in Rivian Stock to …
DAIHEN Board to Review Treasury Stock Awards, More Pressure on Valuation
July 7, 2026, 4:50 AM EDT. DAIHEN (TSE:6622) has put a board meeting on the calendar for June 24, 2026, to look at a plan using treasury shares for executive restricted stock awards that would link pay to share price. The stock last traded at ¥17,160, giving it a 28.7x P/E-well above an industry average of 14.5x and peers at 20.8x. Earnings are growing at 6.3% a year, with the latest period showing an 18% jump, but return on equity is only 9.2%. Investors are paying up on hopes for growth, but discounted cash flow estimates say the stock might be expensive. The board’s review is drawing more attention to dilution risk and how DAIHEN is handling capital after a strong run for the shares.
DAIHEN (TSE:6622) Board Review Of Stock Aw…
Big Tech, Chips Push Indexes Higher; S&P 500 at 2.5-Week Peak
July 7, 2026, 4:49 AM EDT.U.S. stock indexes climbed Monday, boosted by gains in big tech, chipmakers, and AI infrastructure stocks. The S&P 500 rose 0.72% to hit a 2.5-week high. The Dow Jones Industrial Average added 0.29%, setting a new record, and the Nasdaq 100 outpaced the rest with a 1.26% jump. June ISM services data pointed to ongoing growth and softer price pressures, giving the market more fuel. Expectations for solid Q2 earnings growth-much of it from AI spending, projected to drive about 60% of S&P 500 EPS gains-helped lift sentiment. Oil prices moved down as OPEC+ pumped more output, and U.S. 10-year Treasury yields slipped as traders saw the Fed on hold for July.
Stock Indexes Settle Higher as Big Tech an…
Goldman, Morgan Stanley Split by $1 Trillion on SpaceX IPO Value
July 7, 2026, 4:48 AM EDT. Goldman Sachs and Morgan Stanley, SpaceX’s main IPO underwriters, both started coverage with buy ratings but are more than $1 trillion apart in their valuation calls. The gap shows big banks are divided on what the space company is worth as its IPO quiet period wraps up.
SpaceX’s two lead underwriters have a $1 t…
Samsung Posts Record Q2 Profit as Shares Drop with Kospi, AI Chip Stocks Hit

July 7, 2026, 4:47 AM EDT. Samsung Electronics guided for a record Q2 operating profit at 89.4 trillion won, from 57.23 trillion won last quarter, with sales seen at 171 trillion won. Still, Samsung shares fell 6.9% and the Kospi dropped 4.9% to 7,656.31 after a rough session that triggered this year’s sixth circuit breaker. SK Hynix slid 6.1% as a wave of selling hit AI chip stocks and foreign investors pulled 2.9 trillion won. Retail buyers picked up 3.2 trillion won, with margin debt staying close to record highs, hinting at steady dip buying. Analysts said the market faced high expectations and profit-taking, with DRAM pricing and chip volatility still in play.
Samsung Electronics (KRX:005930) sets prof…
Tech Shares Drag Stock Futures Lower Even as Samsung Forecasts Profit Jump
July 7, 2026, 4:35 AM EDT. S&P 500 futures dropped 0.2% and Nasdaq 100 futures were off 0.8% before Tuesday’s open, with investors pulling back from tech stocks. Dow futures showed a small gain, up 0.1% or 48 points. Samsung Electronics said it expects a strong profit increase, but U.S. tech names didn’t move higher. Traders kept an eye on Micron, Nvidia, and SpaceX with sentiment still mixed.
Stock Market Today: S&P 500, Nasdaq Set to…
Australian shares lose half their value in four-year slump
July 7, 2026, 4:34 AM EDT. Australia’s share market has shed half its wealth over the past four years, according to an end-of-financial-year note from JPMorgan strategist Jason Steed. The persistent run of losses stands out from earlier market patterns and has put pressure on investors and the financial services industry. Steed noted the trouble stretches well beyond a single tough year, instead pointing to a long period of weak returns that’s hitting both market confidence and equity investment performance.
Half the wealth, four years of pain: Austr…
SBI Funds Management Taps ADIA, GIC for $1.2 Billion IPO
July 7, 2026, 4:33 AM EDT. SBI Funds Management plans to raise $1.2 billion in an IPO, sources said, with Abu Dhabi Investment Authority (ADIA) and Singapore’s GIC among the anchor investors. India’s biggest asset manager is drawing in big sovereign money as global funds show rising interest in the country’s asset management space.
India's largest asset manager draws top so…
SBI Funds IPO Draws ADIA, GIC Ahead of India’s Largest $1.2B Listing Since Early 2026
July 7, 2026, 4:32 AM EDT. SBI Funds Management is launching a $1.2 billion IPO next week, and big sovereign wealth funds like Abu Dhabi Investment Authority and Singapore’s GIC are among the large players keen to invest. The State Bank of India and Amundi joint venture oversees $131.1 billion in assets and aims for a valuation near $12.3 billion. It’s set to be the largest Indian IPO since early 2026, with other big names like Reliance Jio and National Stock Exchange lined up for later this year. Institutions are piling in, while half the issue is set aside for individual buyers. That’s despite some recent worries around market sentiment tied to geopolitical risks.
India's largest asset manager draws top so…
Keller Group jumps 16% after upbeat trading update, brokers lift targets
July 7, 2026, 4:31 AM EDT. Keller Group PLC shares shot up 16% to 3,108 pence after the company said profits will beat forecasts. The ground engineering firm’s outlook put a charge under the stock, and several brokers raised their price targets. Keller’s update got a strong response from investors after it flagged resilience and cost control in a shaky market. The firm pointed to solid demand for its services and said earnings are running ahead of previous estimates.
Keller shares jump 16% after upbeat tradin…
Blackstone (BX) Seen Trading Below Fair Value After Russell Value Index Moves
July 7, 2026, 4:20 AM EDT. Blackstone (BX) picked up investor attention after it landed in both the Russell 1000 Value and Russell Top 200 Value indices. Shares are still down 22.3% for the year, but jumped 7.4% last week. Consensus puts Blackstone’s fair value at $143.45, about 14% higher than Monday’s close at $123.42. Blackstone is sitting on $177 billion in dry powder for new investments as markets stay choppy. The group has deals with Wellington and Vanguard to expand public-private channels. Some risks in focus: higher construction costs if tariffs go up and weak spots in real estate markets. The P/E is 31.7 – under the US Capital Markets average, but still above peers, showing caution among investors.
Blackstone (BX) Could Be 14% Undervalued A…
Intel (INTC) Splits Wall Street on Valuation as Shares Ride AI Hype, 18A Progress
July 7, 2026, 4:19 AM EDT. Intel (INTC) is up more than 210% this year with bulls citing AI infrastructure, foundry growth, and headway on 18A manufacturing. Some analysts are calling the stock undervalued, putting fair value at $500.93 thanks to margin and growth targets. But a DCF model from Simply Wall St lands much lower-$64.12-pointing to possible overvaluation. The split shows how hopes for Intel’s AI and foundry story clash with risks on competition and profits. Shares at $122.20 show strong optimism but also stir doubts that AI upside is already baked in.
Intel (INTC) Following 18A Progress And AI…
BSE, MCX trade lower after Jefferies warns on NSE listing risk
July 7, 2026, 4:18 AM EDT. BSE and MCX shares were down as much as 5% after Jefferies said in a note that a potential NSE listing could hurt their market position. The broker pointed to NSE’s big piece of market share, several revenue streams, and push into commodities trading. Pressure is building for BSE and MCX as competition heats up in Indian exchanges.
BSE, MCX Shares Tumble Up To 5% As Jefferi…
Jefferies: NSE IPO to Complete Exchange Listings, Signals Shift in India Market

July 7, 2026, 4:16 AM EDT. Jefferies said the National Stock Exchange’s planned IPO would round out listings for India’s main exchanges. NSE controls more than 90% share in equity cash, options, futures, bonds, and currency derivatives, which shows India’s options-heavy market structure. The firm kept an EBITDA margin of 76-77% for FY25 and FY26 even with regulatory headwinds. NSE also posts solid cash flow, low capex, and steady dividend payouts. Jefferies pointed to a strong balance sheet and stable core earnings, calling the IPO a key event for the country’s exchanges.
Stock Market Today: Live Updates 07.07.202…
S&P 500, Nasdaq Slip in Premarket While Dow Futures Tick Up
July 7, 2026, 4:15 AM EDT. The S&P 500 and Nasdaq traded lower before the bell, putting a halt to the latest chip stock run. Dow futures moved higher, pointing to a stronger open. Big chip names like Micron, Nvidia, Broadcom, and Intel are moving sentiment as traders look again at where the sector stands.
Stock Market Today: S&P 500, Nasdaq Set to…
NSE IPO Would Round Out India's Listed Exchange Trio, Jefferies Says
July 7, 2026, 4:00 AM EDT. Jefferies says the National Stock Exchange’s (NSE) planned IPO would complete the trio of listed Indian exchanges. NSE has a market share of more than 90% in several areas and brings in revenue from technology products and commodities. The exchange saw its operating EBITDA margin hold at 76-77%, even with some regulatory effects in FY25 and FY26. NSE leads in equity cash, options, futures, bonds, and currency derivatives, as India moves toward an options-driven market. The company generates strong cash flow, keeps capex down, and pays high dividends. Jefferies points to a strong balance sheet and consistent core earnings even as regulation weighs, calling the IPO a key event for India’s market structure.