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Stock Market Selloff: The Unanswered Questions Driving the Drop

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Stock Market Selloff: The Unanswered Questions Driving the Drop

The biggest problems aren’t caused by what you don’t know, but what, as Mark Twain put it, “you know for sure that just ain’t so.” And that’s a massive problem for the stock market right now.

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GameStop’s eBay Deal Is Less An Acquisition Than An Activist Play (NYSE:GME)

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GameStop's eBay Deal Is Less An Acquisition Than An Activist Play (NYSE:GME)

This article was written by

I’ve been contributing to Seeking Alpha and other investment websites since 2011, with a general (though far from rigid) focus on value over growth. I got my Series 7 and 63 back in 1999, and watched the dot-com bubble peak and then burst in real time at a small, tech-focused retail brokerage in NYC. Now co-host of The Atlantic Current podcast, with twice-weekly cross-border conversations on politics, finance, and culture.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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AMC Entertainment’s Strong Showing Was Well-Deserved (Upgrade) (NYSE:AMC)

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AMC Entertainment's Strong Showing Was Well-Deserved (Upgrade) (NYSE:AMC)

This article was written by

Daniel is an avid and active professional investor.
He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham’s investment philosophy and a contrarian approach to the market and the securities therein. Learn more.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Raytheon wins $1.8B Navy radar contract modification

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Raytheon wins $1.8B Navy radar contract modification

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Barclays partners with Samsung on new US credit card launch

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Barclays partners with Samsung on new US credit card launch

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Rubrik: Great Investments Are Never Easy In Real Time (NYSE:RBRK)

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Rubrik: Great Investments Are Never Easy In Real Time (NYSE:RBRK)

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Michael Wiggins De Oliveira is an Inflection investor. As an Inflection investor, I believe that simplicity is key to outperformance. Since 2024, Deep Value Returns is up 220% vs 75% for the Nasdaq (*as of 2 July 2026).This means buying a stock at the moment when the outlook is expected to improve over the next year. This allows one to minimize the downside, while positioning yourself at the moment when the stock is primed to perform strongly.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outstanding professional experience in tech and energy and a following of over 40K on Seeking Alpha.Michael is the leader of the Investing Group Deep Value Returns.Features of the group include: Insights through his concentrated portfolio of Inflection stocks, timely updates on stock picks, and “hand-holding” as-needed for new and experienced investors alike. Deep Value Returns also has an active, vibrant, and kind community easily accessible via chat. Learn more

Analyst’s Disclosure: I/we have a beneficial long position in the shares of RBRK either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Doomsday Trailer as Premium Infinity Vision Tickets Go on Sale

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Brenda Fricker

Marvel Studios released a new trailer for its upcoming blockbuster “Avengers: Doomsday” on Monday, alongside the launch of ticket sales for a new premium theatrical format called Infinity Vision, ahead of the film’s December 18 theatrical release.

The trailer offers the latest look at one of Marvel’s most highly anticipated films in years, arriving as the studio continues building anticipation for a project that brings together heroes from multiple corners of its cinematic universe. Alongside the trailer’s release, Marvel also unveiled a new promotional poster for the film.

A new premium format for the film’s theatrical run

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Tickets for “Avengers: Doomsday” went on sale Monday specifically for screenings certified under Marvel’s new Infinity Vision designation, a certification created for Premium Large Format theaters. According to Marvel, the Infinity Vision certification is designed to guarantee moviegoers an especially strong theatrical presentation, featuring large screens, bright imagery and enhanced sound quality. Tickets for these certified screenings are available now through Fandango ahead of the film’s wide theatrical debut in December.

A story spanning multiple cinematic universes

“Avengers: Doomsday” is directed by Anthony and Joe Russo, the filmmaking duo behind several of the Marvel Cinematic Universe’s most successful and highest-grossing entries to date. According to Marvel’s official description, the film follows a wide array of beloved heroes drawn from three distinct universes as they find themselves set on a collision course, ultimately confronting an existential threat unlike anything the characters have previously encountered within the franchise.

The film is being produced by Kevin Feige, Louis D’Esposito and Jonathan Schwartz, three of the most senior and consistent creative leaders behind Marvel Studios’ film slate over the past decade and a half.

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An extensive ensemble cast

“Avengers: Doomsday” features an unusually expansive ensemble cast even by the standards of prior Avengers films. According to Marvel, the film’s roster includes Robert Downey Jr., Chris Evans, Chris Hemsworth, Pedro Pascal, Paul Rudd, Anthony Mackie, Florence Pugh, Vanessa Kirby, Ebon Moss-Bachrach, Wyatt Russell, Channing Tatum, Simu Liu, Ian McKellen, Tom Hiddleston, James Marsden, Patrick Stewart, Joseph Quinn, Sebastian Stan, David Harbour, Letitia Wright, Lewis Pullman, Kelsey Grammer, Kathryn Newton, Danny Ramirez, Winston Duke, Alan Cumming, Hannah John-Kamen, Rebecca Romijn, Mabel Cadena and Tenoch Huerta Mejia.

The sheer scale of that cast list reflects the film’s ambition to weave together storylines and characters spanning several previously separate franchises and eras within Marvel’s broader cinematic output, including figures associated with earlier X-Men film continuity alongside more recent additions to the core Marvel Cinematic Universe roster.

Part of a broader slate of Marvel news this week

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Monday’s trailer release arrived alongside a busy stretch of other Marvel Studios and Marvel Comics announcements. The company also recently revealed its lineup of panels, booths and programming planned for San Diego Comic-Con 2026, one of the entertainment industry’s largest annual fan conventions, where Marvel typically unveils additional details about its upcoming film and television slate.

On the publishing side, Marvel Comics separately announced the appointment of Stephen Wacker as its new editor-in-chief, a significant leadership change for the company’s comic book publishing division. Marvel also confirmed that “X-Men ’97” will return for a second season, with the show’s executive producers indicating that the storyline will introduce the return of the villain Apocalypse, a major figure within the broader X-Men mythology.

Anticipation builds for December release

With the trailer now released and Infinity Vision tickets available for purchase, Marvel appears to be ramping up its marketing campaign for “Avengers: Doomsday” well ahead of the film’s theatrical debut later this year. The film’s title and marketing materials have consistently centered on the character Doctor Doom, also known as Victor von Doom, suggesting the classic Marvel villain will play a central role in the film’s plot as the studio’s flagship Avengers franchise continues to evolve.

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Given the scale of the ensemble cast and the direct involvement of the Russo brothers, whose prior Avengers installments, “Avengers: Infinity War” and “Avengers: Endgame,” rank among the highest-grossing films in cinema history, “Avengers: Doomsday” enters its marketing rollout carrying substantial expectations from both longtime Marvel fans and the broader box office industry.

With several months remaining before its December 18 release, Marvel is expected to continue releasing additional promotional material for “Avengers: Doomsday” in the lead-up to the film’s debut, potentially including further trailers, character-specific promotional content, and additional details revealed during Marvel’s panels at San Diego Comic-Con later this month. For now, fans eager to secure premium viewing experiences can begin purchasing tickets for Infinity Vision-certified screenings, positioning the format as a notable new option for moviegoers seeking an elevated theatrical experience for one of the year’s most anticipated blockbuster releases.

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US stocks today: S&P 500 edges down with Iran and earnings season in focus

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US stocks today: S&P 500 edges down with Iran and earnings season in focus
The S&P 500 finished slightly lower on Monday as investors looked for signs of Middle East de-escalation while awaiting earnings reports from major technology companies later this week.

The second-quarter earnings season is set to gather pace, with results due from companies such as Alphabet, Tesla and Intel. These will provide a broader view of corporate health after an initial wave of reports largely from the financial sector. Peter Tuz of Chase Investment Counsel said investors appear to be holding back ahead of key updates from technology, energy and consumer-focused firms.

Geopolitical tensions remained in focus. Yemen’s Iran-aligned Houthis announced a naval blockade on Saudi Arabia, opening a new front in the U.S.-Iran conflict and raising risks to global energy supply and trade. However, a senior Iranian official indicated that mediators have proposed a 10-day ceasefire to de-escalate tensions and revive a recent interim agreement.

Market participants are increasingly sensitive to developments in the region. Joe Quinlan of Merrill and BofA Private Bank noted that any move toward reduced conflict could help stabilise oil and gasoline prices, easing pressure on consumers. At the same time, investors are positioning ahead of earnings, with S&P 500 profit growth expected at 26% year-on-year for the second quarter, according to LSEG data.

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Focus will also be on semiconductor companies such as Intel and Texas Instruments, especially after the Philadelphia Semiconductor Index confirmed a bear-market decline, falling over 20% from its late-June peak. Encouraging results from chipmakers could help restore confidence in the sector.


In market performance, the S&P 500 fell 0.18% to 7,444.19, while the Nasdaq Composite edged down 0.04% to 25,510.27. The Dow Jones Industrial Average declined 0.57% to 51,848.96.
Among individual stocks, Alphabet gained after reports that its Google unit is developing a Gemini-integrated server chip to improve AI efficiency. Domino’s Pizza also rose after its quarterly revenue slightly exceeded Wall Street expectations.

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Laurel Lee from Florida’s 15th District Trades Stocks in Nokia, GE Aerospace, and Bank of America

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Laurel Lee from Florida’s 15th District Trades Stocks in Nokia, GE Aerospace, and Bank of America

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PNC Bank Down? Customers Report Widespread Service Outage Monday Morning as Complaints Spike Across the US

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PNC Bank

PNC Bank customers began reporting widespread problems accessing the bank’s services starting around 9:32 a.m. Eastern time Monday, according to outage-tracking service Downdetector, sparking a wave of complaints on social media under the hashtag #PncDown as users sought answers about the disruption.

Downdetector, which aggregates user-submitted reports to identify potential service outages across major companies and platforms, flagged the spike in PNC-related complaints in a post on X shortly after 9:32 a.m., asking affected customers to share how the disruption was impacting them. The post had drawn thousands of views within a short period, reflecting the scale of user concern surrounding the reported issues.

What is known about the outage so far

As of publication, PNC had not issued a public statement addressing the specific cause or scope of Monday’s reported service disruption. Outage reports of this nature typically stem from issues affecting online banking platforms, mobile banking applications, or underlying processing systems that support customer transactions, though the precise nature of Monday’s problems had not been confirmed by the bank.

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Downdetector-style outage trackers rely primarily on real-time, crowdsourced reports from affected users rather than direct confirmation from the companies involved, meaning the scale and specific nature of an issue can sometimes take time to become fully clear. Typical categories of complaints tracked by such services for banking institutions include problems with mobile app functionality, difficulty logging into online accounts, failed or delayed transactions, and general connectivity issues affecting a bank’s digital platforms.

PNC’s footprint and role in the banking sector

PNC Bank, formally PNC Financial Services Group, is one of the largest financial institutions in the United States, operating retail branches across 22 states and the District of Columbia. The bank provides a broad range of consumer and commercial banking services, including checking and savings accounts, mortgages, credit cards, and business banking products, serving millions of customers nationwide.

Given PNC’s scale and the extent of its digital banking infrastructure, any disruption affecting its online or mobile platforms has the potential to impact a large number of customers simultaneously, particularly during business hours when demand for banking services, including bill payments, transfers and balance checks, tends to be highest.

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A pattern of occasional, typically brief disruptions

Outage-tracking services that monitor PNC’s service history show that the bank has experienced isolated incidents in the past, though such disruptions have generally been resolved relatively quickly. Previous incidents tracked by monitoring services have included brief login difficulties within PNC’s mobile application, in some cases lasting under half an hour before service was restored. Historical data from these tracking platforms generally shows PNC operating within normal parameters on most days, with occasional spikes in user reports corresponding to specific, usually short-lived, technical issues.

What affected customers should do

In the event of a confirmed service disruption, banking customers are typically advised to avoid making repeated attempts to log in or complete transactions, as doing so can sometimes exacerbate system strain during an active outage. Customers experiencing urgent banking needs during a reported outage are generally encouraged to try alternative access channels, such as visiting a physical branch location or contacting customer service by phone, if those channels remain unaffected by the underlying issue.

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For account-specific concerns, including questions about whether a specific transaction was processed successfully during the disruption, customers are typically directed to monitor their accounts once service is restored and to contact PNC directly for confirmation, rather than relying solely on outage-tracking services, which reflect broad user sentiment rather than institution-specific technical diagnostics.

A reminder of banking’s growing reliance on digital infrastructure

Monday’s reported disruption, regardless of its ultimate cause or duration, underscores the broader dependence modern banking customers now have on continuous digital access to their financial accounts. As more day-to-day banking activity has shifted toward mobile apps and online portals over the past decade, even relatively brief outages at major financial institutions can generate significant customer concern and public attention, particularly when they occur during peak business hours on a weekday morning.

What comes next

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As of this report, further details about the specific cause, scope and expected resolution timeline for Monday’s reported PNC outage remained unavailable. Customers seeking updates are encouraged to monitor PNC’s official channels, including its website and customer service lines, for confirmation of the issue’s status. This story may be updated as additional information becomes available regarding the outage’s cause and resolution.

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What FDA Taylor Farms lettuce false positive means

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What FDA Taylor Farms lettuce false positive means

Packages of Taylor Farms salad greens are displayed at a Safeway store on July 16, 2026 in Kings Beach, California.

Justin Sullivan | Getty Images

The Food and Drug Administration’s reversal on a key piece of its cyclosporiasis investigation has sparked confusion in the U.S., but the agency said Monday that it has not changed its main conclusions about the outbreak.

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The agency said Sunday a test that indicated a sample of iceberg lettuce supplied by Taylor Farms de Mexico carried the cyclospora parasite was a false positive. However, that only applies to one specific shipment of lettuce supplied by the company, which the agency does not believe was the vehicle that sickened more than 1,600 people and potentially thousands of others.

In a Monday clarification, the agency said its false positive does not change its prior conclusion that the outbreak is linked to shredded iceberg lettuce from central Mexico supplied by Taylor Farms, which was also served at some Taco Bell locations. The agency is still advising Americans not to eat recalled iceberg lettuce.

“FDA’s traceback investigation and outbreak data continue to converge on shredded iceberg lettuce from Taylor Farms locations in central Mexico,” it said in a statement. “FDA will continue to work with federal and state partners to investigate this multistate outbreak and ensure products implicated in this outbreak have been removed from the market.”

Investigators are continuing to examine what exactly caused the outbreak, which can lead to symptoms similar to a bad stomach bug for days or even weeks. CNBC has reached out to the FDA for details on the next phase of the investigation, including whether additional ingredients or suppliers are under scrutiny and whether the agency expects to issue further guidance. The agency has not yet responded.

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The false positive test comes as the developing investigation creates uncertainty for both consumers and the food industry. While the FDA has said not to eat iceberg lettuce from Taylor Farms, some diners have stayed away from salads altogether as the number of cases rises.

“Unfortunately, this latest development may add further confusion to what has already been a complex situation for consumers,” said Frank Yiannas, former deputy commissioner of food policy and response at the FDA.

Though industry analysts do not expect the outbreak to have a long-term impact on Taco Bell or other restaurant chains, it could at least temporarily hit sales, based on foot traffic data, and cause a one-to-two quarter hit for companies linked to it. Foot traffic at Taco Bell sank roughly 19% on Friday compared to the day-of-the-week average so far this year, according to data from research firm Placer.ai.

What the FDA’s false positive means

In foodborne outbreak investigations, a false positive can happen when an initial screening signal isn’t reproduced during confirmation testing. Some doctors have pointed out that cyclospora is particularly challenging to recreate in the lab.

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But it has not caused a shift in how public officials view the root of the outbreak.

The Department of Health and Human Services in Michigan, where the outbreak has seen explosive growth, says it continues to recommend that people purchase whole heads of lettuce rather than pre-washed, bagged or pre-mixed salad kits.

The agency added that based on interviews with more than 2,000 infected patients, many of them did not report eating lettuce at a restaurant, though they frequently said they ate the leafy green in some setting.

Taylor Farms said Monday morning it will continue its voluntary recall of implicated iceberg lettuce from central Mexico, and Taco Bell has already started to remove the suspected lettuce from restaurants in affected states.

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The ripple effects go beyond those companies.

Walmart said Monday that it proactively removed four bagged salad kit products, which are under its Marketside brand and supplied by Taylor Farms, from stores across 27 states even though it said there was no indication that its products are part of the outbreak.

“There have been no confirmed illnesses associated with these products at this time,” the company said in a statement. “We are working closely with our supplier and took immediate steps to remove the products from sale.”

Former FDA Commissioner Dr. Scott Gottlieb suggested to CNBC that the test result does not clear Taylor Farms of its link to the outbreak. The Friday recall was for a product that was imported several weeks ago and was separate from the lettuce that tested positive with the FDA, he said.

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He also noted that because cyclospora has an incubation period of up to two weeks and lettuce has a short shelf life, it is important to test multiple shipments, even if they originated from the same farm.

While the outbreak may be sourced to a single vendor for now, it’s possible the contamination has already spread wider, according to Dr. Norman Beatty, an associate professor of medicine at the University of Florida College of Medicine.

“We may find that this current outbreak may have led to additional outbreaks because of the nature of this parasite,” Beatty told CNBC. “The reason why this is important for this current outbreak is because there’s over 30 states where this has been isolated, and there could be other smaller outbreaks occurring in other regions.”

Restaurant fallout

For restaurants, uncertainty is proving as challenging as the outbreak itself. Salad-focused chains and other operators that rely heavily on fresh produce are left without knowing whether any other ingredients are still a potential risk.

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Taco Bell told CNBC in a Saturday statement that it had voluntarily removed all suspected lettuce from its locations within 72 hours of beginning the process and adjusted its supply chain accordingly. The company added that it is “confident” that consumers can eat safely at its locations.

“Clearly, this is a nationwide industry-wide issue, not a Taco Bell-specific issue,” the company said. “We hope that other members of the industry are taking the same degree of immediate action and accountability for the consumer as we have.”

Taco Bell isn’t the only restaurant seeing its business slow, according to Placer.ai. Other restaurant chains that sell lettuce, including Chopt, Panera Bread and Chipotle, also saw declines in traffic Friday, the firm said.

As headlines about the outbreak swirled last week, the industry’s top advocacy group stressed it is taking food safety seriously.

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“The Food Code requires that every restaurant must have a manager that is food safety certified on every shift,” said National Restaurant Association CEO Michelle Korsmo in a post on LinkedIn.

“We’ll continue to support public health officials as they investigate the outbreak and ensure our members have the information they need to evaluate their food safety decisions,” she added.

And despite the false positive result, Taylor Farms and Taco Bell parent Yum Brands are still navigating the reputational fallout of an outbreak that prompted product removals and widespread headlines. Even so, restaurant analysts previously told CNBC they did not expect a long-term financial hit for the companies linked to the outbreak.

Shares of Yum Brands are down nearly 9% in the last five days.

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