XTI Aerospace Inc (XTIA) News & EventsXTIAXTI Aerospace Inc

Stock Futures Weaken as Oil Prices and Treasury Yields Rise

Stock futures are pointing to a weaker open as fading hopes for a U.S.-Iran peace agreement push oil prices and Treasury yields higher. Brent crude is rising as the ceasefire between the U.S. and Iran comes under pressure, while the 30-year Treasury yield has climbed to around 5.33%, its highest level since 2007. The combination of higher oil and long-term yields is tightening financial conditions and making high-duration technology stocks particularly vulnerable.AI and semiconductor stocks are bearing the brunt of the selling. The weakness comes as investors reassess elevated valuations across the AI trade, with higher borrowing costs adding another headwind to companies whose valuations depend heavily on future growth.The retail sector is providing some support. Home Depot is gaining about 2% after reporting second-quarter sales above expectations, although the company said the housing market remains challenging. Investors will also look to Target and Walmart later this week for a clearer picture of consumer spending and the health of the U.S. consumer.The Federal Reserve's July meeting minutes, due Wednesday, are another catalyst. After the recent weak labor-market data and relatively benign inflation reports, investors have been looking for evidence that policymakers are becoming more comfortable with eventual rate cuts. However, the renewed rise in oil prices and long-term Treasury yields could complicate that outlook.In pre-market trading, S&P 500 futures fell 0.52%, Nasdaq futures fell 0.3% and Dow futures fell 0.10%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Amylyxup 36% after its Lucidity trial met the FDA-agreed-upon primary endpoint demonstrating a 55% reduction in the composite rate of Level 2 and Level 3 hypoglycemic events compared to placeboUP AFTER EARNINGS -Duos Technologiesup 11%Flexsteel Industriesup 6%Home Depotup 2%Amer Sportsup 8%DOWN AFTER EARNINGS -Klarnadown 20%Fabrinetdown 11%Baidudown 9%VNET Groupdown 8%Immaticsdown 2%Pony AIdown 3%LOWER -XTI Aerospacedown 7% after announcing Scott Pomeroy has resigned as CEO and that the company is delaying its quarterly report to complete an internal reviewTesladown 2% after The Informationthe company has told staff it is planning for a public Cybercab launch in August

XTI Aerospace Postpones Q2 2026 Financial Results Release

XTI Aerospace announced that it is postponing the release of its second quarter 2026 financial results. The company's second quarter 2026 earnings conference call, previously scheduled for August 12, 2026, is also being postponed. The company will provide additional information regarding the timing of its second quarter 2026 earnings conference call once the revised timing has been finalized. The revised schedule will provide the company and its advisors with additional time to complete certain financial review procedures associated with the quarter-end reporting process, while also accommodating related scheduling requirements. The company believes the additional time is appropriate to allow these procedures to be completed in a thorough and orderly manner prior to the release of its second quarter financial results.

Dow Rises 370 Points as Markets Optimistic on US-China Talks

The major averages closed sharply higher amid renewed optimism around the talks between U.S. President Trump and China's President Xi Jinping. Markets are extending a rebound despite another wave of inflation anxiety as investors continue favoring AI and semiconductor names over broader macro concerns.Big tech names continue lifting the markets, with Cisco's quarterly reporting giving the Dow a boost. Nvidia also helped after Reuters reported the U.S. has cleared about 10 Chinese companies to buy the company's H200 AI chip.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Ciscoprovided areport for Q3 but said it is cutting 4,000 jobsAbout 10 Chinese firms, including Alibabaand Tencent, have been cleared to purchase Nvidia'sH200 chips,AI chipmaker Cerebras Systemsafter its IPO was priced at $185 per shareHasbroreportedearnings and revenueVersant Mediareportedand said it expects to enter into a $100M accelerated share repurchase agreement2. WALL STREET CALLS:Starbucksto Buy at TD CowenCheesecake Factoryto Neutral at JPMorganWhirlpoolto Neutral at Goldman SachsDoximityto Neutral or equivalent at BTIG, Wells Fargo, Jefferies, Baird and KeyBanc following earnings and guidanceDraftKingswith an Underperform at BNP Paribas3. AROUND THE WEB:Netflixis working on an AI animation studio called INKubator, Lowpass reportsPresident Trump said that Chinese President Xi Jinping has committed to purchasing 200 Boeingaircraft, Bloomberg reportsMicrosoft'sLinkedIn has "implemented organizational changes," according to a source, with plans to cut roughly 5% of its 17,500 full-time workers and focus on business growth areas, Reuters reportsNew York State Comptroller Thomas DiNapoli, New York City Comptroller Mark Levine and California Public Employees' Retirement System CEO Marcie Frost, leaders of three of the largest U.S. public pension systems, sent a letter to Elon Muskdetailing the concerns they have over SpaceX's "extreme" ownership, Reuters saysSecurity researchers say they have discovered a new way of circumventing Apple'ssecurity technology, using techniques they discovered while testing an early version of Anthropic's Mythos AI software in April, WSJ says4. MOVERS:Poet Technologieswas higher in New York afterStubHubincreased afterand backing its guidance for FY26Ondasand Aquestive Therapeuticsgained afterRegenxbiowas lower after, with EPS lower year-over-yearAelumaand Doximityfell after5. EARNINGS/GUIDANCE:Milestone Scientific, with CEO Eric Hines commenting, "Our first quarter results reflect continued progress as we execute on the foundation established in 2025"Klarna, with revenue beating consensusLegenceand raised its guidance for FY26XTI Aerospaceand provided guidance for FY26NIQ Globaland provided guidance for Q2 as well as FY26INDEXES:The Dow rose 370.26, or 0.75%, to 50,063.46, the Nasdaq gained 232.88, or 0.88%, to 26,635.22, and the S&P 500 advanced 56.99, or 0.77%, to 7,501.24.