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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.
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.
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.
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.
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.
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.
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.
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.
Keysight Technologies Soars on Record Orders and Strong Earnings
Keysight Technologies shares surged nearly 4% in after-hours trading after reporting fiscal Q2 revenue of $1.72 billion and record orders of $2.05 billion, beating analyst estimates.
AMD Shares Fall Ahead of Nvidia Earnings as Yields Rise
AMD shares dropped 1.6% as investors trimmed chip holdings before Nvidia's earnings and rising yields pressured tech stocks. Citi hiked its AMD price target to $460.
Cava Group Lifts Outlook After Strong Q1 Traffic Growth
Cava Group raised its 2026 outlook after Q1 same-restaurant sales jumped 9.7%, driven by a 6.8% rise in guest traffic. Revenue beat estimates, and shares rose 6% after hours.