BBBY News & Events

The Container Store and Bed Bath & Beyond announced the opening of their first co-branded retail location in The Container Store's home market of Texas, debuting Saturday, May 16, at 4601 West Freeway in Fort Worth, Texas. "This milestone marks the next step in bringing together two iconic brands to deliver a more connected, value-driven home shopping experience," the company said.

Equity futures have reopened slightly higher, with S&P e-minis and Nasdaq 100 contracts both trading up a decimal, following headlines that Iranian negotiators have submitted another proposal to regional mediators, offering a halt on attacking ships in the Strait of Hormuz in exchange for a full end to the war.  Energy markets are not budging in preserving a geopolitical premium to start the week however, with WTI Crude Oil still trading north of $95 per barrel.  In precious metals, Gold and Silver prices continue to trade sideways above $4,700 and $75 per ounce respectively.With earnings season ramping up this week, investors remain focused on the broadbased rally in the Tech space of late.  Semiconductors in particular have outperformed, with the VanEck  Semiconductor ETFnow up a whopping 40% from its late-March lows.  Nvidiaset new record highs today above $215  per share, while Alphabet'srecord high above $350 propelled Communication Services to the top of S&P 500 sectors for the day.  Consumer Defensive sector - one of the worst performers over recent weeks and months - remained under pressure, with outsized losses seen among the "dollar-store" names Dollar Treeand Dollar General.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Bed Bath & Beyondup 27.2%Kforceup 21.1%Sanmina (up 13.8%LendingClubup 13.8%Solaris Energy Infrastructureup 13.0%Craneup 6.6%Nucorup 3.8%Cadenceup 1.0%DOWN AFTER EARNINGS -Rambusdown 11.2%Celesticadown 8.5%Ranger Energy Servicesdown 6.0%Amkor Technologydown 3.1%ALSO LOWER -Erascadown 37.1% after disclosing preliminary dose escalation data for ERAS-0015Qiagen N.V.down 5.5% after Q1 pre-announcement

Bed Bath & Beyond announced that Kyla Robinson will join the Company as Chief Technology Transformation Officer, reporting to President Amy Sullivan. "Kyla is a proven technology and product leader who understands how to translate data and AI into real customer outcomes," said Amy Sullivan. "As we build Everything Home, this is about creating one system that understands the customer, the home, and what comes next."