Copart has announced a leadership change effective July 31, 2026, with CEO Jeff Liaw stepping down. Executive Chairman and former CEO Jay Adair will return to the chief executive role. Liaw, who led the company to achieve all-time high transaction values and auction liquidity, will support the transition as a Special Advisor.

Moody's Ratings has revised its outlook for Wynn Resorts (WYNN) from Positive to Stable due to the casino operator's persistently high leverage ratio. The ratings agency noted that despite improved performance since 2025, Wynn has not adequately reduced its deleveraging ratio to significantly below 6X.

Bank of America (BAC) is advising investors to hedge their portfolios in anticipation of a potential S&P 500 pullback in Q3 2026, driven by stretched valuations and weakening indicators signaling a "three-wave correction." While some experts like Fundstrat's Tom Lee and JPMorgan remain bullish with higher year-end targets, BofA suggests maintaining a "defensive stance" from July through September, with potential drops to 7,122 and 6,850 points, before a possible year-end rally. The S&P 500 (SPY), Nasdaq Composite, and Dow Jones (DIA) have all shown year-to-date gains, but BofA strategists highlight "too many red flags."

FirstEnergy is providing essential energy-saving and safety tips to New Jersey residents as the state faces an extended period of extreme heat. The utility company advises customers on managing energy consumption to keep bills low and outlines critical safety measures like staying hydrated and seeking air-conditioned locations to prevent heat-related illnesses. FirstEnergy also shares information on bill assistance programs and methods for reporting power outages.

BTIG has raised its price target for Edwards Lifesciences (NYSE: EW) from $100 to $110, while reiterating a "Buy" rating on the stock. This adjustment comes shortly after Edwards Lifesciences secured US FDA approval for its Ecliptis System and was added to the Russell Midcap Value Benchmark. Other recent news includes the company's strong revenue growth potential due to technological leadership, according to RBC, and several insider share sales.

AT&T is expanding its Build-A-Plan offering, allowing customers to customize their unlimited wireless plan and easily add AT&T Fiber or AT&T Internet Air. This enhancement provides more choice, control, and value by enabling customers to adjust their wireless services monthly and bundle with home internet for an improved price. The initiative aims to simplify connectivity and reinforce AT&T's leadership in providing converged wireless and home internet solutions.

AT&T is expanding its "Build-A-Plan" on July 7, 2026, allowing customers to customize unlimited wireless plans and easily add AT&T Fiber or AT&T Internet Air home internet, starting at $70/month for bundles. This initiative aims to provide more choice, control, and value, reinforcing AT&T's converged connectivity strategy by simplifying the process of combining wireless and home internet services. The plan offers month-to-month flexibility for adjusting wireless services and targets customer demand for personalized and bundled connectivity solutions.

Otis has launched its Gen3 MOD elevator modernization solutions in Europe, the Middle East, and Africa, building on its availability in the U.S., Canada, and Asia. These solutions upgrade existing elevators to the digitally native Gen3 platform, supporting belt-driven systems and conversion from rope to coated steel belts. The offering includes three flexible packages—Plus, Pro, and Full Replacement—allowing building owners to tailor upgrades to their specific needs.

BTIG has maintained a 'Buy' rating for Enova International (ENVA) and increased its price target to $270 from $199. Despite this, GuruFocus indicates that ENVA is currently 80.4% overvalued, with a GF Value™ of $130.61 versus its current price of $235.67. The company boasts strong growth and profitability scores but a very low valuation rank, alongside significant insider selling activity totaling $20 million in the last three months.

Moody's has downgraded Wynn Resorts' (WYNN) outlook from Positive to Stable due to high leverage and an inability to maintain a deleverage ratio significantly below 6x, despite improved performance since 2025. The agency reaffirmed Wynn's B1 corporate family rating, citing strong liquidity and recovery in Macau, and acknowledged the potential positive impact of its upcoming UAE project. Investors are advised to approach Wynn with caution due to its high leverage and low financial strength, counterbalanced by strong profitability and growth prospects.