Stride stocks jumped 34% in overnight trading.
Online education Stride reported Q4 CY2025 results topping the market’s revenue expectations , with sales up 7.5% year on year to $631.3 million. Guidance for next quarter’s revenue was better than expected at $630 million at the midpoint, 1.9% above analysts’ estimates. Its non-GAAP profit of $2.50 per share was 7.8% above analysts’ consensus estimates.
Redwire Corp. stocks jumped 3% in overnight trading.
Redwire shares rocketed 30% on Tuesday after the space-equipment supplier announced it was selected for a potential U.S. missile defense award.
The Missile Defense Agency added Redwire to the pool of more than 2,400 eligible vendors for its $151 billion Scalable Homeland Innovative Enterprise Layered Defense, or SHIELD, program. The award doesn’t guarantee Redwire any contract revenue, the company said.
Corning stocks jumped 4% in overnight trading.
As Meta tries to rapidly construct massive data centers to keep pace with the artificial intelligence craze, it’s turning to a 175-year-old glass manufacturer for help.
Meta has committed to paying Corning up to $6 billion through 2030 for fiber-optic cable in its AI data centers, Corning CEO Wendell Weeks told CNBC in an exclusive interview about the deal from a cable factory in Hickory, North Carolina.
Corning’s stock popped 16% on Tuesday, its best day in more than two decades.
Nextpower stock rose 9% in overnight trading after it reported strong fiscal third-quarter 2026 results, citing revenue growth, expanding backlog, and continued progress in broadening its solar technology platform beyond trackers. Management also raised its full-year outlook and announced a new share repurchase authorization, while discussing the early ramp of its Middle East joint venture and its plans to enter power conversion.
For the fiscal 2026 third quarter, CFO Chuck Boynton reported revenue of $909 million, up 34% year-over-year, and adjusted EBITDA of $214 million, up 15%, for an adjusted EBITDA margin of 23%. Fiscal year-to-date revenue rose 32% year-over-year to $2.68 billion, and year-to-date adjusted EBITDA increased 22% year-over-year, which Boynton said demonstrated the “durability” of the company’s margin profile even as it navigates tariffs and invests for growth. He also reported GAAP net income of $435 million year-to-date.
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