Xpeng-W: Humanoid Robots Envisioned To Achieve Mass Production In 2H26

Rotation is at the forefront of the market action on Tuesday.

Eight of the eleven sectors in the S&P 500 are in the green led by Real Estate (XLRE), Consumer Staples (XLP) and Healthcare (XLV). Nearly 400 stocks in the benchmark index are higher on the day too.

But the S&P 500 is down about 0.4% as the most loved sector of the bull market — large cap technology stocks — is lagging on Tuesday. That downside action is being led by a 2% decline in Nvidia (NVDA), an almost 6% decline in Palantir (PLTR) and over 3% losses for both AMD (AMD) and Netflix (NFLX).

Rotating out of recent winners and into market laggards has been an emerging trend in August. Market strategist have pointed out that, for the long run, this could be the "healthiest path" higher for the benchmark index.

But Tuesday's action is a reminder to index investors that given its weighting in the index, if Big Tech isn't the group leading the market higher the gains in the S&P 500 won't be as an aggressive up and to the right as they have been for the past two years.

NorthWestern Energy shares jumped nearly 6% Tuesday after announcing that it is merging with fellow utility company Black Hills to create a "premier regional regulated electric and natural gas utility company."

The two companies will have a combined value of about $15.4 billion and serve over 2 million customers across eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming.

"Together, we will be better positioned to meet rising demand, accelerate investment in energy and grid infrastructure, and support customers and communities through a rapidly evolving energy landscape," said NorthWestern Energy President and CEO, Brian Bird.

Black Hills stock rose a more modest 1% on the news.

Yahoo Finance's Francisco Velasquez reports:

Read the story here.

Tether, the world's largest stablecoin company, has appointed former White House cryptocurrency adviser Bo Hines, Yahoo Finance's David Hollerith reports.

Hollerith writes:

Read the full story here.

Opendoor Technologies (OPEN) stock rallied 6% at the market open before paring gains on Tuesday morning as the company continues its executive search following CEO Carrie Wheeler's departure, Yahoo Finance's Jake Conley reports.

Conley writes:

Read the full story here.

Nexstar Media Group (NXST) is set to expand its dominance in US broadcasting with a $6.2 billion acquisition of Tegna Inc. (TGNA), a deal that will create the nation’s largest local TV station group.

The transaction, which includes Tegna’s net debt and fees, is expected to close in the second half of 2026 pending regulatory approvals. The Wall Street Journal first reported earlier this month that Nexstar was in advanced talks to acquire Tegna.

Shares of Nexstar jumped over 6% shortly after the opening bell on Tuesday, while Tegna shares rose around 4% on the news.

According to the release, the combination will create a leading local media company with 265 full-power television stations in 44 states and Washington, D.C., covering 132 of the nation’s 210 television markets and reaching about 80% of US TV households. The new entity will hold stations in nine of the top 10 designated market areas (DMAs) and 41 of the top 50.

Nexstar Chairman and CEO Perry Sook said the merger reflects both companies’ commitment to local broadcasting and builds on Nexstar’s "record of growth" through acquisitions, which includes its 2019 purchase of Tribune Media and its majority stake in The CW network in 2022.

Sook added that deregulatory initiatives from the Trump administration have created an opportunity for broadcasters "to expand reach, level the playing field, and compete more effectively with the Big Tech and legacy Big Media companies."

The companies expect about $300 million in annual net synergies and project the transaction will be more than 40% accretive to Nexstar’s free cash flow in the first 12 months post-closing.

Citi analyst Jason Bazinet said the transaction adds about $25 per share of M&A value to Nexstar’s outlook. He raised his price target on the stock to $218 from $186 as a result, while maintaining a Neutral rating.

US stocks were mixed on Tuesday.

The Dow Jones Industrial Average (^DJI) edged up 0.1%, while the S&P 500 (^GSPC) fell about 0.2%. The tech-heavy Nasdaq Composite (^IXIC) declined 0.4%, continuing Wall Street stocks' muted start to the week.

Home Depot (HD) led out this week's results from retail giants, with its earnings report on Tuesday showing a return to consistent same-store sales growth in the US amid signs that the housing market could begin to recover.

In the tech world, Intel (INTC) shares jumped after SoftBank said it's taking a $2 billion stake, and the Trump administration reportedly weighed taking its own stake worth up to 10% of the troubled chipmaker.

Wall Street is looking ahead to Fed Chair Jerome Powell's highly anticipated speech in Jackson Hole on Friday, signaling the central bank's latest views on interest rates.

Home Depot (HD) released its second-quarter earnings on Tuesday. The retailer's stock fell about 2% premarket before recovering.

Yahoo Finance's senior reporter Brooke DiPalma looks at the latest from the home improvement retailer and how the US housing slump has impacted its bottom line.

Here's a look at some of the top stocks trending in premarket trading:

Palo Alto Networks () shares rose 5% in premarket trading on Tuesday after the Santa Clara cybersecurity firm forecast fiscal 2026 revenue and profit above analysts' estimates, citing growing demand for its AI powered cybersecurity solutions.

Digital banking group Nu holdings () stock rose 2% before the bell after Morgan Stanley (MS) analyst Jorge Kuri reiterated a Buy rating on the company and set a price target of $18.00.

Intel () stock rose premarket more than 6% after Softbank Group (9984.T) announced a $2 billion capital injection into the US chipmaker that is currently in the middle of a turnaround effort.

Economic data: Housing starts (July); Building permits (July)

Earnings: Home Depot (HD), XPeng (XPEV), Medtronic (MDT), Amer Sports (AS), Toll Brothers (TOL), La-Z-Boy (LZB)

Here are some of the biggest stories you may have missed overnight and early this morning:

Signs of a healthier path to new records emerge for stocks

Nvidia is working on an H20-beating AI chip for China

Trump tariffs get S&P seal of approval

Why stocks are looking ripe for a regime shift

Intel gets a $2 billion lifeline from SoftBank

Trump pushes Putin-Zelensky meeting after talks with both

Home Depot to report earnings as Wall Street eyes US sales growth

Why Google just boosted its stake in a bitcoin miner

With chatter today that the government is nearing taking a 10% stake in Intel, I guess I shouldn't be shocked that the bruised tech giant is hoping to gain some Street cred on its future product roadmap by tapping SoftBank and Masa for cash. Embattled Intel CEO Lip-Bu Tan also gains a Trump friend in Masa.

SoftBank will invest $2 billion in Intel at $23 a share.

“Semiconductors are the foundation of every industry. For more than 50 years, Intel has been a trusted leader in innovation. This strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role," SoftBank chair and CEO Masayoshi Son said in a statement.

Intel CEO Lip-Bu Tan added, "We are very pleased to deepen our relationship with SoftBank, a company that’s at the forefront of so many areas of emerging technology and innovation and shares our commitment to advancing U.S. technology and manufacturing leadership. Masa and I have worked closely together for decades, and I appreciate the confidence he has placed in Intel with this investment.”

It's still something to see this unfolding at Intel, which has billions in cash and is by no means in a financial death spiral. Given Masa's close ties to the Trump administration, I suspect the government stake announcement could come next. None of this is a good signal on Intel's turnaround, bottom line.

A Trump administration spokesperson didn't return my request for comment.

US stocks were mixed on Tuesday.

The Dow Jones Industrial Average (^DJI) edged up 0.1%, while the S&P 500 (^GSPC) fell about 0.2%. The tech-heavy Nasdaq Composite (^IXIC) declined 0.4%, continuing Wall Street stocks' muted start to the week.

Home Depot (HD) led out this week's results from retail giants, with its earnings report Tuesday showing a return to consistent same-store sales growth in the US amid signs that the housing market could begin to recover.

In the tech world, Intel (INTC) shares jumped after SoftBank said it's taking a $2 billion stake and the Trump administration reportedly weighed taking its own stake worth up to 10% of the troubled chipmaker.

Wall Street is looking ahead to to Fed chair Jerome Powell's highly anticipated speech in Jackson Hole on Friday signaling the central bank's latest views on interest rates,

Home Depot (HD) released its second-quarter earnings on Tuesday. The retailer's stock fell about 2% premarket before recovering.

Yahoo Finance's senior reporter Brooke DiPalma looks at the latest from the home improvement retailer and how the US housing slump has impacted its bottom line.

Here's a look at some of the top stocks trending in premarket trading:

Palo Alto Networks () shares rose 5% in premarket trading on Tuesday after the Santa Clara cybersecurity firm forecast fiscal 2026 revenue and profit above analysts' estimates, citing growing demand for its AI powered cybersecurity solutions.

Digital banking group Nu holdings () stock rose 2% before the bell after Morgan Stanley (MS) analyst Jorge Kuri reiterated a Buy rating on the company and set a price target of $18.00.

Intel () stock rose premarket more than 6% after Softbank Group (9984.T) announced a $2 billion capital injection into the US chipmaker that is currently in the middle of a turnaround effort.

Economic data: Housing starts (July); Building permits (July)

Earnings: Home Depot (HD), XPeng (XPEV), Medtronic (MDT), Amer Sports (AS), Toll Brothers (TOL), La-Z-Boy (LZB)

Here are some of the biggest stories you may have missed overnight and early this morning:

Signs of a healthier path to new records emerge for stocks

Nvidia is working on an H20-beating AI chip for China

Trump tariffs get S&P seal of approval

Why stocks are looking ripe for a regime shift

Intel gets a $2 billion lifeline from SoftBank

Trump pushes Putin-Zelensky meeting after talks with both

Home Depot to report earnings as Wall Street eyes US sales growth

Why Google just boosted its stake in a bitcoin miner

With chatter today that the government is nearing taking a 10% stake in Intel, I guess I shouldn't be shocked that the bruised tech giant is hoping to gain some Street cred on its future product roadmap by tapping SoftBank and Masa for cash. Embattled Intel CEO Lip-Bu Tan also gains a Trump friend in Masa.

SoftBank will invest $2 billion in Intel at $23 a share.

“Semiconductors are the foundation of every industry. For more than 50 years, Intel has been a trusted leader in innovation. This strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role," SoftBank chair and CEO Masayoshi Son said in a statement.

Intel CEO Lip-Bu Tan added, "We are very pleased to deepen our relationship with SoftBank, a company that’s at the forefront of so many areas of emerging technology and innovation and shares our commitment to advancing U.S. technology and manufacturing leadership. Masa and I have worked closely together for decades, and I appreciate the confidence he has placed in Intel with this investment.”

It's still something to see this unfolding at Intel, which has billions in cash and is by no means in a financial death spiral. Given Masa's close ties to the Trump administration, I suspect the government stake announcement could come next. None of this is a good signal on Intel's turnaround, bottom line.

A Trump administration spokesperson didn't return my request for comment.

Here's a look at some of the top stocks trending in premarket trading:

Palo Alto Networks () shares rose 5% in premarket trading on Tuesday after the Santa Clara cybersecurity firm forecast fiscal 2026 revenue and profit above analysts' estimates, citing growing demand for its AI powered cybersecurity solutions.

Digital banking group Nu holdings () stock rose 2% before the bell after Morgan Stanley (MS) analyst Jorge Kuri reiterated a Buy rating on the company and set a price target of $18.00.

Intel () stock rose premarket more than 6% after Softbank Group (9984.T) announced a $2 billion capital injection into the US chipmaker that is currently in the middle of a turnaround effort.

Economic data: Housing starts (July); Building permits (July)

Earnings: Home Depot (HD), XPeng (XPEV), Medtronic (MDT), Amer Sports (AS), Toll Brothers (TOL), La-Z-Boy (LZB)

Here are some of the biggest stories you may have missed overnight and early this morning:

Signs of a healthier path to new records emerge for stocks

Nvidia is working on an H20-beating AI chip for China

Trump tariffs get S&P seal of approval

Why stocks are looking ripe for a regime shift

Intel gets a $2 billion lifeline from SoftBank

Trump pushes Putin-Zelensky meeting after talks with both

Home Depot to report earnings as Wall Street eyes US sales growth

Why Google just boosted its stake in a bitcoin miner

With chatter today that the government is nearing taking a 10% stake in Intel, I guess I shouldn't be shocked the bruised tech giant is hoping to gain some Street cred on its future product roadmap by tapping Softbank and Masa for cash. Embattled Intel CEO Lip Bu Tan also gains a Trump friend in Masa.

Softbank will invest $2 billion in Intel at $23 a share.

“Semiconductors are the foundation of every industry. For more than 50 years, Intel has been a trusted leader in innovation. This strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role," Softbank chair and CEO Masayoshi Son said in a statement.

Added Intel CEO Lip Bu Tan, "We are very pleased to deepen our relationship with SoftBank, a company that’s at the forefront of so many areas of emerging technology and innovation and shares our commitment to advancing U.S. technology and manufacturing leadership. Masa and I have worked closely together for decades, and I appreciate the confidence he has placed in Intel with this investment.”

It's still something to see this unfolding at Intel, which has billions in cash and is in no means in a financial death spiral. Given Masa's close ties to the Trump administration, I suspect the government stake announcement could next. None of this is a good signal on Intel's turnaround, bottom line.

A Trump administration spokesperson didn't return my request for comment.