Stock Markets

Jun 23, 2026

Priya Menon

Stock Markets

After-Hours Movers: FedEx Guidance Miss Sends Shares Lower, Cerebras Slides After Its First Public Call, Nike Gains on CFO Appointment and Tariff Refunds

Stocks moved notably in after-hours trading as FedEx plunged on a soft fiscal 2027 outlook, AI chipmaker Cerebras Systems slipped despite beating revenue estimates and raising its outlook, and Nike climbed after a management change and a tariff-refund boost to results. Investors weighed forward guidance and corporate developments across shipping, s…

CBRS FDX NKE

Jun 23, 2026

Derek Hwang

Stock Markets

Hadrian in Talks That Would Value It at $7.5 Billion as Fundraising Discussions Advance

Hadrian Automation Inc., a startup building AI-driven manufacturing facilities for defense and aerospace, has been reported to be in discussions for a financing round that would lift its valuation to roughly $7.5 billion and could raise up to $1 billion. The company has disputed the accuracy of the reports, and terms of any deal are not finalized. …

Jun 23, 2026

Jordan Park

Stock Markets

Commercial Vehicle Group to Join Russell Indexes; Shares Tick Higher After Announcement

Commercial Vehicle Group Inc. (NASDAQ: CVGI) will be added to the Russell 2000 and Russell 3000 as part of the annual Russell U.S. Index reconstitution, effective after the close of U.S. markets on June 26, 2026. The stock rose as much as 2.8% in after-hours trading following the announcement. The company supplies systems, assemblies and components…

CVGI

Jun 23, 2026

Hana Yamamoto

Stock Markets

FedEx Shares Fall After Management Issues Weaker-Than-Expected FY27 Outlook Despite Strong Quarter

FedEx shares dropped sharply in after-hours trading after the company provided fiscal 2027 adjusted EPS guidance that trailed Wall Street expectations, even as the company reported quarterly results that beat analyst estimates. Elevated fuel costs and a transition to calendar-year reporting following the FedEx Freight spinoff added to investor conc…

FDX

Jun 23, 2026

Ajmal Hussain

Stock Markets

Nike shares tick higher after CFO appointment and one-time tariff refund boost

Nike Inc. shares climbed about 2% in after-hours trading following a corporate finance leadership change and news that the upcoming fourth-quarter results will reflect a tariff refund benefit not previously factored into guidance. The new chief financial officer, David M. Denton, will start on August 17 while incumbent Matthew Friend will remain th…

NKE

Jun 23, 2026

Avery Klein

Stock Markets

RPC CEO Ben M. Palmer to Retire by End of 2026; Shares Dip After Hours

RPC, Inc. said President and CEO Ben M. Palmer will retire by December 31, 2026, prompting a 2.8% decline in the company's shares during after-hours trading. Palmer, who has led the company since 2022 and served as CFO and Treasurer starting in 1996, will remain in place until a successor is named or the end of 2026 and will advise through the tran…

RES

Jun 23, 2026

Sofia Navarro

Stock Markets

Leifras to Acquire Swift Japan for ¥454.6M; Shares Jump 25.5% After-Hours

Leifras Co Ltd ADR (NASDAQ:LFS) saw a 25.5% gain in after-hours trading after announcing a purchase agreement to acquire Swift Japan Co., Ltd., a childcare operator in Aichi Prefecture, for about ¥454.6 million. The acquisition, slated to close on July 1, 2026, gives Leifras full ownership of Swift Japan and brings near-full-capacity licensed nurse…

LFS

Jun 23, 2026

Leila Farooq

Stock Markets

Morgan Stanley Private Income Fund Caps Redemptions at 5% Amid Q2 Outflows

Morgan Stanley's North Haven Private Income Fund saw redemption requests equal to 11.6% of its outstanding units in the second quarter. The fund accepted repurchase requests for 5% of outstanding units on a prorated basis, fulfilling roughly 43% of each investor's requested amount. Repurchases will be executed at the fund's net asset value per unit…

MS

Jun 23, 2026

Ajmal Hussain

Stock Markets

Verastem Shares Slip After Company Details Early Data for Oral KRAS G12D Inhibitor

Verastem Inc reported early clinical data from its TARGET-D 101 Phase 1/2 study of VS-7375, an oral KRAS G12D inhibitor, showing anti-tumor activity across dose levels and substantial CA19-9 reductions in a metastatic pancreatic cancer cohort. The stock fell about 5% in after-hours trading following the release. Dose escalation is ongoing and the c…

VSTM

Jun 23, 2026

Leila Farooq

Stock Markets

GameStop Withdraws Contested $35 Billion CEO Pay Plan as It Pushes Forward With eBay Bid

GameStop said its board has acceded to CEO Ryan Cohen's request to remove a previously approved CEO Performance Award from its proxy statement so leadership can focus on the proposed acquisition of eBay. The withdrawal follows GameStop's non-binding $125-per-share proposal to acquire all outstanding eBay common stock not already owned, a bid eBay's…

EBAY GME

Jun 23, 2026

Derek Hwang

Stock Markets

U.S. equity indexes end lower as technology, materials and industrials weigh on markets

U.S. stocks closed lower on Tuesday as losses across the Technology, Basic Materials and Industrials sectors pushed major indexes down. The Dow Jones Industrial Average finished marginally lower, while the S&P 500 and Nasdaq Composite recorded larger declines. A handful of Dow components and select S&P 500 names outperformed, even as several large-…

CAT MRK NVDA

Jun 23, 2026

Maya Rios

Stock Markets

Willis Lease Finance Shares Rise After Investors Approve 3-for-1 Split

Willis Lease Finance Corporation saw its shares climb 3.5% in after-hours trading after investors approved a three-for-one forward stock split and all items on the company's 2026 proxy. The split, which also increases authorized shares through an amendment to the certificate of incorporation, will deliver two additional shares for each share held b…

WLFC

Jun 23, 2026

Ajmal Hussain

Stock Markets

Toronto market slips as materials, consumer discretionary and tech weigh; Couche-Tard soars to record high

Canada's equity benchmark finished lower on Tuesday, pulled down by losses in the Materials, Consumer Discretionary and Information Technology sectors. While the S&P/TSX Composite ended the session down 0.21%, a handful of large-cap names posted strong gains, including Alimentation Couche-Tard reaching an all-time high.

OTEX TRI HBM

Jun 23, 2026

Nina Shah

Stock Markets

Bovespa Edges Higher as Consumption, Utilities and Power Stocks Lead Gains

Brazil's Bovespa rose 0.52% at Tuesday's close in Sao Paulo, paced by advances in the Consumption, Public Utilities and Electric Power sectors. Market breadth was slightly positive, with 482 stocks higher versus 426 lower and 51 unchanged. Notable winners included Marfrig Global Foods and Vivara Participacoes, while Magazine Luiza and Usiminas were…

Jun 23, 2026

Avery Klein

Stock Markets

FedEx stock dips after fiscal 2027 profit outlook disappoints despite Q4 beat

FedEx reported better-than-expected fourth-quarter results, with adjusted EPS of $6.31 and revenue of $25 billion. However, the company’s fiscal 2027 earnings-per-share guidance of $16.90 to $18.10 came in well below analysts' average forecast of $19.86, prompting roughly a 4% decline in after-hours trading. Management flagged an expected revenue i…

FDX

Jun 23, 2026

Nina Shah

Stock Markets

FedEx Projects Double-Digit Revenue Gain for 2026 After Q4 Profit Beat Fueled by Pricing

FedEx reported a stronger-than-year-ago fourth-quarter profit and set an outlook for roughly 11% revenue growth and $16.90 to $18.10 in earnings per share for the coming year as it shifts its fiscal calendar and finalizes the spin-off of its trucking unit. Revenue benefited from higher pricing, while segment performance showed resilience in express…

FDX UPS

Jun 23, 2026

Hana Yamamoto

Stock Markets

White House narrows focus on Heidi Overton for FDA commissioner role

Reporting Tuesday indicates that Heidi Overton, a White House domestic policy aide with a medical doctorate, has emerged as a top candidate to lead the Food and Drug Administration. The agency has lacked a permanent commissioner since the resignation of Marty Makary in May. Overton's academic credentials, White House ties and prior collaboration wi…

Jun 23, 2026

Caleb Monroe

Stock Markets

Raymond James Flags Strong ServiceNow Pricing Power That Could Boost Margins

Raymond James analyst Adam Tindle reports early customer and industry checks indicating ServiceNow is implementing price increases that may surpass the company's 20-30% guidance tied to its shift to three new tiers. The bank argues such moves could pull forward revenue through early renewals ahead of a June 30 legacy-tier cutoff and produce margin-…

NOW

Jun 23, 2026

Ajmal Hussain

Stock Markets

SpaceX Initiates Multi-Tranche Bond Sale to Fund Large-Scale AI Buildout

SpaceX has launched a five-tranche offering of senior unsecured notes aimed at raising a minimum of $25 billion to finance its expensive artificial intelligence expansion and to repay borrowings under a bridge loan facility. The debt sale, led by a syndicate of major banks, spans maturities from five to 30 years and has reportedly drawn overwhelmin…

Jun 23, 2026

Sofia Navarro

Stock Markets

Alibaba Files Federal Suit to Challenge Pentagon Blacklist Designation

Alibaba Group filed a lawsuit in federal court in San Jose seeking removal from a U.S. Department of Defense blacklist that identifies the company as supporting the Chinese military. The company contends the Pentagon placed it on the 1260H list without adequate evidence or explanation and says the designation breaches its constitutional rights. Ali…

BABA BYD

Jun 23, 2026

Nina Shah

Stock Markets

Options Activity in Ares Capital Surges to 21,788 Contracts

Options on Ares Capital Corp. (ARCC) recorded a total of 21,788 contracts exchanged as of 2:01 p.m. New York time on Tuesday. Calls comprised 12,515 contracts and puts accounted for 9,273. The January 21, 2028 $15 call was the single most-traded contract with 4,997 trades and 78 contracts in open interest, while other near- and mid-dated strikes lo…

ARCC

Jun 23, 2026

Priya Menon

Stock Markets

SpaceX launches five-tranche bond sale to fund costly AI buildout

SpaceX has initiated a five-tranche senior unsecured notes offering targeting at least $25 billion to finance its capital-intensive artificial intelligence expansion. The debt sale - the company’s first investment-grade dollar bond issuance - includes maturities of 5, 7, 10, 20 and 30 years and has attracted substantial demand, according to a sourc…

Jun 23, 2026

Derek Hwang

Stock Markets

FedEx Options Activity Surges; Puts Lead Calls in Volume

Options trading in FedEx Corp. accelerated sharply by 1:50 p.m. New York time on Tuesday, with total volume of 15,755 contracts. Put contracts accounted for 9,424 of that total, while calls totaled 6,331. Several near-term strikes, including a concentrated calendar spread and a high-volume $375 call, were the most actively traded contracts.

FDX

Jun 23, 2026

Caleb Monroe

Stock Markets

Galectin Shares Rally After FDA Clears Primary Endpoint, Sets Path for Belapectin Phase 3

Galectin Therapeutics saw its stock climb roughly 20% after the company said it reached agreement with the FDA on the primary endpoint and regulatory approach for belapectin in patients with metabolic dysfunction-associated steatohepatitis (MASH) cirrhosis and portal hypertension. The FDA supported a randomized, double-blind, placebo-controlled Pha…

GALT

Jun 23, 2026

Caleb Monroe

Stock Markets

Alo Yoga Positioned for Sale or IPO After Owner Agrees to Divest Bella+Canvas

Alo Yoga’s owners have agreed to sell Bella+Canvas, the wholesale T-shirt unit linked to the company’s parent Color Image Apparel Inc., a move analysts say could streamline Alo’s financial story and make it a clearer candidate for a public offering or sale. The Bella+Canvas transaction has been announced but not closed, and Alo’s founders have not …

LULU