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Company News for July 7, 2026

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  • O'Reilly Automotive Inc.’s ((ORLY - Free Report) ) shares tumbled 6.7% following news that the company has offered a over $10 billion cash bid to buy the auto-parts business of Genuine Parts Co. ((GPC - Free Report) ).
  • Shares of Broadcom Inc. ((AVGO - Free Report) ) rallied 3.7% after the company and Apple Inc. ((AAPL - Free Report) ) extended their existing deal through 2031 to develop and supply a range of custom chips.
  • Microsoft Corp.’s ((MSFT - Free Report) ) shares fell 1% after the company decided to retrench 2.1% or 4,800 of its workers. 
  • Shares of Dell Technologies Inc. ((DELL - Free Report) ) surged 4.4% after President Donald Trump promoted its computers from the White House while ringing the opening bell of NYSE and Nasdaq. 


 

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