U.S. stocks are drifting lower as Wall Street’s momentum slows after setting record highs in each of the last two days. The S&P 500 dipped 0.3% Tuesday and is on track for its first loss in four days.

Simply saying Tesla stock is down 21% this year doesn't do justice to the wild ride it's been on. Shares were up 28% in February before rebounding 23% in May. Tariffs, slowing vehicle sales, and Musk's political dealings have been primarily responsible for the volatility.

Tesla (TSLA) is poised to release its second-quarter delivery figures on Wednesday, July 2, with Wall Street anticipating that it will deliver 390,000 vehicles, a sharp decline from 443,956 units in the same period last year.

Meta's stock soared to a record high Monday after the company unveiled new hires for its “Superintelligence" team.

The company has poached several AI researchers from OpenAI after investing in AI startup Scale AI and hiring its chief executive