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CAVA outlines raised FY2026 plan for 75-77 net new openings and 4.5%-6.5% same-restaurant sales

Asian markets retreat as high oil prices and Wall Street tech softness weigh on sentiment

Samsung faces strike and chip disruption risk as labor talks fail

UK's inflation fell to 2.8% in April

Tesla steps up 'urgent' FSD hiring in China amid rollout delays

Universal raises dividend by 1.2% by $0.83

First Merchants raises dividend by 2.8% to $0.37

Farmers and Merchants Bancshares raises dividend by 5.9% to $0.36

Texas Community Bancshares raises dividend by 20% to $0.06

Brady declares $0.245 dividend

Interface declares $0.03 dividend

Meta Platforms begins new round of layoffs affecting ~8,000 employees

Akamai prices upsized $3B offering of convertible senior notes

Viavi Solutions targets $500M in gross proceeds via public equity offering

Toro declares $0.39 dividend

CubeSmart declares $0.53 dividend

Commercial National Financial declares $0.13 dividend

Quest Diagnostics declares $0.86 dividend

First Capital declares $0.31 dividend

Roper declares $0.91 dividend

PBOC holds key lending rates at record lows for 12th month amid Middle East conflict

OpenAI, Google deepen Singapore AI ties, ChatGPT maker commits $234M

Bessent: U.S. 'not in a rush' to extend China trade truce

Alibaba unveils more powerful Zhenwu AI chip, new LLM

iPower announces 1-for-8 reverse stock split to meet Nasdaq listing requirements

SpaceX IPO eyes July acquisition of Cursor following June 12 listing: report

China to buy 200 Boeing jets, seek extension of U.S. trade deal

Northrop Grumman raises dividend by 6.9% to $2.47 a share

S&P Global declares $0.97 dividend

HP declares $0.30 dividend

SpaceX IPO: Goldman Sachs reportedly chosen to lead record-breaking offering

Wednesday’s Economic Calendar

Keysight signals FY 2026 revenue growth in the high 20s% while guiding Q3 revenue to $1.730B-$1.750B

Costco trades at over $1K but hasn't split its stock since Y2K

James Hardie forecasts FY 2027 free cash flow to exceed $500M as it targets $5.25B-$5.41B net sales

8x8 anticipates fiscal 2027 EPS of $0.33-$0.38 while usage-based revenue mix continues to rise

Crude oil edges lower as traders await clarity on U.S.-Iran talks

EDUC outlines phased $0.5M inventory buys while adding a $2M credit line for fiscal 2027 growth

Red Robin outlines 2026 adjusted EBITDA of $70M-$73M while maintaining comparable restaurant revenue guidance of 0.5%-1.5%

U.S. crude stockpiles fell 9.1M barrels last week, API says

Iridex reaffirms $51M-$53M 2026 revenue outlook while targeting $600,000 annualized cost reduction

Boeing wins two defense deals worth $647M for training & helicopter programs

ZTO Express Non-GAAP EPADS of $0.43 misses by $0.02, revenue of $1.92B beats by $40M

Here are the major earnings before the open Wednesday

Northrop Grumman's unit secures $697M BOA for radar support services

Bank First Corporation to acquire PSB Holdings for ~203M

Auna reports Q1 results

Regulators delay cyber tests for banks to give time to strengthen systems against AI threat - report

Gold and silver sink as 30-year Treasury yield spikes to highest in nearly 19 years

Astera Labs stock rally crushing S&P 500 YTD gains: 'Why' reasons & 3 warnings