Company News for July 7, 2026

O'Reilly Automotive Inc.’s ( ORLY) 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). Shares of Broadcom Inc. ( AVGO) rallied 3.7% after the company and Apple Inc. ( AAPL) extended their existing deal through 2031 to develop and supply a range of custom chips. Microsoft Corp.’s ( MSFT) shares fell 1% after the company decided to retrench 2.1% or 4,800 of its workers.  Shares of Dell Technologies Inc. ( DELL) 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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Apple Inc. (AAPL): Free Stock Analysis Report
 
Microsoft Corporation (MSFT): Free Stock Analysis Report
 
Genuine Parts Company (GPC): Free Stock Analysis Report
 
Dell Technologies Inc. (DELL): Free Stock Analysis Report
 
O'Reilly Automotive, Inc. (ORLY): Free Stock Analysis Report
 
Broadcom Inc. (AVGO): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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