SELLAS Shares Surge as AML Trial Nears Final Data Trigger
Markets Daniel Marsh

SELLAS Shares Surge as AML Trial Nears Final Data Trigger

SELLAS Life Sciences shares climbed 4.1% to $7.59 on Tuesday after the CEO disclosed the REGAL trial is nearing the 80-event threshold for final analysis.

SLS
Red Robin Stock Jumps 15.6% After-Hours on Revenue Beat
Earnings James Calloway

Red Robin Stock Jumps 15.6% After-Hours on Revenue Beat

Red Robin shares jumped 15.6% after-hours to $4.45 after Q1 revenue of $378.3M beat estimates, despite a 0.6% same-store sales decline and a net loss.

RRGB
8x8 Shares Surge 14% After Q4 Earnings Beat, But Margin Concerns Linger
Earnings James Calloway

8x8 Shares Surge 14% After Q4 Earnings Beat, But Margin Concerns Linger

8x8 shares surged 14% after hours on a Q4 earnings beat, with revenue up 5% to $185.2M and EPS of $0.11. Usage-based revenue jumped 70% but gross margins slipped to 63%.

EGHT
JetBlue cancels 12 routes, shifts focus to Fort Lauderdale after Spirit exit
Markets Daniel Marsh

JetBlue cancels 12 routes, shifts focus to Fort Lauderdale after Spirit exit

JetBlue is axing 12 routes, exiting Manchester-Boston Regional Airport, and redeploying capacity to Fort Lauderdale after Spirit Airlines' shutdown boosted competition.

JBLU
Exxon and Chevron Warn of Unpriced Hormuz Disruption Risks as Oil Reserves Drain
Commodities Rebecca Torres

Exxon and Chevron Warn of Unpriced Hormuz Disruption Risks as Oil Reserves Drain

Exxon and Chevron warn oil markets haven't fully absorbed the Strait of Hormuz disruption. U.S. emergency reserves hit a record low, while Brent crude settled at $111.28.

XOM CVX BP USO
Toll Brothers Stock Gains After Earnings Beat, But Luxury Housing Faces Headwinds
Markets Daniel Marsh

Toll Brothers Stock Gains After Earnings Beat, But Luxury Housing Faces Headwinds

Toll Brothers shares climbed 2.7% in after-hours trading after the luxury homebuilder reported quarterly earnings and revenue above Wall Street forecasts, though profits fell from a year ago.

TOL DHI LEN PHM
POET Technologies Stock Slides Despite $400M Capital Raise
Technology Sarah Chen

POET Technologies Stock Slides Despite $400M Capital Raise

POET Technologies shares dropped 8.02% to $13.07 despite securing $400M in funding. The photonics firm aims to scale AI data-center chip production and eyes a $500M deal with Lumilens.

POET
Microsoft Stock Dips on Rate Fears Despite Strong Cloud Demand
Technology Sarah Chen

Microsoft Stock Dips on Rate Fears Despite Strong Cloud Demand

Microsoft shares slipped 1.4% to $417.42 on Tuesday as higher Treasury yields weighed on big tech, even as the company announced its largest India data center will open by mid-2026.

MSFT GOOGL AMZN NVDA
Skillz Shares Surge 18% on $420M Papaya Ruling Hope
Markets Daniel Marsh

Skillz Shares Surge 18% on $420M Papaya Ruling Hope

Skillz shares rose 18.2% to $7.80 amid anticipation of a June court ruling on a $420 million false advertising verdict against Papaya Gaming.

SKLZ
CleanSpark Surges 9% as Bernstein Highlights Bitcoin Miners' AI Data Center Potential
Crypto Sarah Chen

CleanSpark Surges 9% as Bernstein Highlights Bitcoin Miners' AI Data Center Potential

CleanSpark shares rose 9.3% after Bernstein noted bitcoin miners' potential as AI data-center power providers, setting a $24 target and citing $90B in sector AI deals.

CLSK MARA RIOT
Kraken Robotics Rises as Market Eyes Covelya Deal and Defense Orders
Markets Daniel Marsh

Kraken Robotics Rises as Market Eyes Covelya Deal and Defense Orders

Kraken Robotics shares rose 2.2% to C$7.44 Tuesday, bucking a broader market decline, as investors priced in the Covelya deal and defense contracts.

SPY
Super Micro Stock Dips as Sales Leadership Change Adds to Investor Caution
Technology Sarah Chen

Super Micro Stock Dips as Sales Leadership Change Adds to Investor Caution

Super Micro Computer shares slipped 0.9% Tuesday after a filing disclosed the retirement of longtime sales chief Don Clegg, adding to investor concerns about governance and competition.

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