Representative Richard McCormick discloses multiple stock sales

Representative Richard McCormick (Republican-Georgia) disclosed several stock sales in a recent filing. On July 30, McCormick sold between $1,001 and $15,000 worth of shares in Abbott Laboratories, PepsiCo, and Medtronic through his ‘GROWTH PARTNERS ROTH IRA’ account. Other disclosed sales from the same period included holdings in McDonald's, NextEra Energy, L3Harris Technologies, Johnson & Johnson, Intercontinental Exchange, Illinois Tool Works, Home Depot, and Emerson Electric.

In separate market news, Enverus released rankings for U.S. land drilling activity based on first-quarter 2026 data. Helmerich & Payne (H&P) was named the most active drilling contractor, while ExxonMobil led among drilling operators. U.S. drilling activity has seen an increase, with active rigs averaging 637.6 for the week ending July 31, 2026, a 13% year-over-year rise.

Additionally, JPMorgan Chase & Co. adjusted price targets for several companies. The firm lowered its target for Array Digital Infrastructure to $45.00 and Telephone and Data Systems to $48.00, maintaining an ‘overweight’ rating for both.