Major U.S. indices ended Wednesday in the red following a 0.25% interest rate hike by the Federal Reserve, the first increase since 2023. The Dow Jones Industrial Average fell 1.2% to 51,461.90, while the S&P 500 declined 0.45% to 7,551.81. The Nasdaq finished nearly unchanged at 25,978.42. Amid this market backdrop, five specific stocks drew attention for distinct corporate developments.
Boeing Co. (NYSE: BA) fell 3.69% to close at $201.96. The company finalized a record order with Korean Air for 103 jets, including 777-9s, 787-10 Dreamliners, and 737-10s. This order is intended to support Korean Air’s fleet modernization and highlights stronger U.S.-South Korea industrial ties.
Generac Holdings Inc. (NYSE: GNRC) saw its stock increase slightly by 0.05% to close at $175.11. The stock surged 32.49% to $232 in the after-hours session. The company announced a supply agreement with Amazon for up to $8 billion in backup power generators for data centers. The agreement includes a warrant for Amazon to acquire Generac shares.
Nebius Group NV (NASDAQ: NBIS) rose 0.96% to close at $209.37, with an intraday high of $220.40. The stock rose 6.88% to $223.77 in after-hours trading. The company is experiencing a technical bounce following a strategic partnership with Palantir, where the Alex Karp-led firm named Nebius a preferred provider for sovereign AI infrastructure.
DataMEDS AI Inc. (NASDAQ: MEDS) saw a significant surge of 274.69%, closing at $6.07. The stock’s 52-week range is between $12.31 and $0.82. This jump follows the completion of the company’s acquisition of an AI-driven cancer diagnostics platform, which includes Helomics Corporation, a clinical laboratory, valued at $1.5 million.
Delixy Holdings Limited (NASDAQ: DLXY) skyrocketed 451.81% to $2.29. The stock’s 52-week range is $7 to $0.34. The surge follows a non-binding letter of intent for a potential transaction involving an oil and gas project in Kazakhstan, with the company exploring a potential acquisition or merger.