After Hours Summary: ORCL +10.5% higher on earnings and partnerships; CASY +6.4% higher on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ORCL +10.5% (also forms form multi-cloud partnership with Google Cloud; also OpenAI selects Oracle to extend Microsoft Azure AI platform), CASY +6.4% (also increases dividend), ESI +2%, RBRK +1.8%, ADSK +0.7%
Companies trading higher in after hours in reaction to news: BTOC +7.6% (MAMO and BTOC announce strategic partnership), RTO +6.2% (Trian Fund amasses significant stake, according to Bloomberg), MYPS +4.8% (to purchase the 11,677,398 shares held by MSFT), RC +2.3% (acquires Madison One Capital), VCTR +1.8% (reports May AUM), SAVE +0.4% (negotiations with bondholders are progressing as expected; co also delays Analyst Day), GOOG +0.3% (Google Cloud forms multi-cloud partnership with ORCL), O +0.3% (increases dividend), BEN +0.2% (reports May AUM), MSFT +0.2% (OpenAI selects Oracle Cloud Infrastructure to extend Microsoft Azure AI Platform), NCLH +0.2% (CEO appears on Bloomberg TV, says consumer demand continues to be very robust), VRTS +0.1% (reports May AUM)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: MAMA -3.9%
Companies trading lower in after hours in reaction to news: NVGS -3.5% (selling shareholder commences 2 mln share offering; also concurrent repurchase of shares by NVGS), ACN -2.1% (CFO retires, names new CFO; makes other mgmt changes), TTWO -1% (stock offering by selling shareholder), ALK -0.6% (expands partnership with British Airways), AJX -0.3% (two stock offerings by selling shareholders, one relates to warrants), APAM -0.2% (reports May AUM), AB -0.1% (reports May AUM), HOOD -0.1% (reports May operating data)