Joby Aviation's stock has fallen to a 52-week low of $6.61, marking a challenging year with a 49.89% decline and high volatility. Despite this, InvestingPro analysis suggests the company may be undervalued, and recent reports show strong Q2 revenue of $38.6 million, exceeding estimates, driven by its Blade passenger business. Joby also acquired Resonant Sciences for $500 million to expand its defense sector, with analysts maintaining mostly positive ratings.

Covington city commissioners approved a 10-year contract with Axon Enterprise for technology including AI, tasers, and a drone, despite resident concerns about the contract length and dependence on a single vendor. While the contract includes new AI tools and a first-responder drone, it specifically excludes automated license plate readers. Residents voiced opposition, citing worries about civil liberties, potential misuse of technology during protests, and a desire for funds to be reallocated to community infrastructure.

Following a sharp market plunge fueled by fears of an impending interest rate hike due to a strong jobs report, this article recommends five high Return on Equity (ROE) stocks for investors. The featured companies—The Allstate Corp., Arista Networks, Inc., Ross Stores, Inc., Gartner, Inc., and Micron Technology, Inc.—are highlighted for their ability to generate high returns despite market uncertainty. The article explains ROE as a key metric for identifying financially healthy companies that efficiently reinvest cash for higher returns.

Apple is holding its "Surprise and shine" launch event, where new iPhone models, including its first folding phone, and new Apple Watches are expected. This marks the debut event for new CEO John Ternus, and investors are watching for potential price increases and new AI software like Siri AI and Apple Intelligence. Rivals like Huawei and Xiaomi have already launched new foldable phones, intensifying competition in the market.

Janus International discussed its performance and outlook at the Jefferies Global Industrials Conference 2026, highlighting a challenging self-storage market but also new growth opportunities. The company is focusing on technology, international expansion, and building capabilities like multi-story structures through its Kiwi II Construction acquisition. Janus also noted the Nokē access-control platform reached 500,000 connected devices, achieving break-even, and is set to drive future EBITDA growth.

Las Vegas Sands Corporation (LVS) stock has fallen to a 52-week low of $43.35, marking a 38% decrease from its high and a 31% year-to-date decline. Despite strong gross profit margins and a low PEG ratio suggesting undervaluation, the company recently missed second-quarter earnings expectations, leading to analyst downgrades and reduced price targets from Argus, Mizuho, and Stifel, citing economic challenges in China and a slow recovery in Singapore.

Carrhae Capital LLP significantly reduced its stake in Itau Unibanco Holding S.A. (NYSE:ITUB) by 52.8% in the second quarter, selling over 10.8 million shares. Despite the reduction, the firm still holds 9.64 million shares valued at approximately $78.8 million, making it the 11th largest holding and 2.1% of its portfolio. Itau Unibanco reported quarterly EPS of $0.21, missing the consensus, but analysts maintain a "Moderate Buy" rating with an average price target of $10.00.

Troy Ruhanen, President and CEO of Omnicom Advertising, is retiring after more than two decades with the company. Andrew Robertson, currently Chairman of BBDO Worldwide, has been appointed as his successor, effective immediately. Robertson plans to focus on talent acquisition and leveraging AI and data to serve clients.

CASCADE INVESTMENT LLC, a 10% owner of Republic Services (NYSE: RSG), recently purchased 735,303 shares for $164.70 million, signaling confidence in the company. Republic Services, the second-largest waste management company, reported a 4.6% revenue growth, a 42.14% gross margin, and an EPS of 1.84, though it has a higher debt-to-equity ratio and its P/S ratio indicates potential overvaluation. This insider transaction highlights a belief in the stock's future rise, despite mixed financial metrics.

AutoZone (NYSE:AZO) stock recently dropped to a new 52-week low of $2,899.88, closing at $2,912.1630, despite a consensus "Moderate Buy" rating from analysts and an average price target of $3,999.04. The company has authorized a $1.5 billion stock repurchase program, indicating management believes shares are undervalued, though a vice president recently sold a significant portion of his holdings. Institutional investors hold a large majority of the shares.