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Genco Shipping & Trading (NYSE:GNK) said its board has unanimously rejected Diana Shipping’s extended unsolicited $24.80 per-share cash tender offer, saying it undervalues the company.

On this episode of Stock Movers with Alexis Christoforous: - Comcast (CMCSA) is rising after it announced its intention to separate into two independent publicly traded companies through a tax-free spin-off of NBCUniversal and Sky. Upon completion of the transaction, Comcast shareholders will own shares in both Comcast and NBCUniversal. - Iridium (IRDM) is moving on news Rocket Lab will acquire the company in a deal that focuses on vertically integrating space and satellite capabilities. - SpaceX (SPCX) is up in the premarket as it will become a component of the Nasdaq-100 Index prior to market open on July 7, 2026, Nasdaq announces.

The US Supreme Court refused to let President Donald Trump immediately fire Federal Reserve Governor Lisa Cook. In a 5-4 vote, the high court said Cook can stay in her job while she fights Trump's bid to oust her over unproven mortgage fraud allegations. Michael McKee reports on Bloomberg Television.

Air T (NASDAQ:AIRT) reported fiscal 2026 revenue of $327.1 million, compared with $291.5 million a year earlier, reflecting 12% growth that included contributions from its Rex acquisition.

Intercontinental Exchange Inc. is adding new futures contracts tied to global monetary-policy decisions and US natural gas storage. Sridhar Natarajan has more on "Bloomberg Open Interest."

Gilat Satellite Networks (NASDAQ:GILT) said it secured $43 million in new orders for its Sidewinder electronically steered antenna (ESA) terminals from a major in-flight connectivity service provider.

REGENXBIO (NASDAQ:RGNX) said it has dosed the first patient in the Phase IIb/III NAAVIGATE trial evaluating surabgene lomparvovec in diabetic retinopathy using suprachoroidal delivery.

Comcast said it plans to spin off NBCUniversal and Sky into a new publicly traded company as it looks to separate its media businesses from its cable-TV and internet operations. Kelcee Griffis reports on Bloomberg Television.

Satellos Bioscience (NASDAQ:MSLE) said the U.S. Food and Drug Administration has granted Fast Track designation to SAT-3247 for the treatment of Duchenne muscular dystrophy.

Palvella Therapeutics (NASDAQ:PVLA) said it has submitted the first module of a rolling New Drug Application to the U.S. Food and Drug Administration for QTORIN 3.9% rapamycin gel.

iHuman (NYSE:IH) reported first-quarter 2026 revenue of RMB182.5 million, compared with RMB210.4 million in the same period last year, showing a year-over-year decline.

Comcast (NASDAQ:CMCSA) said it will divide its operations into two standalone public companies, separating its media assets from its connectivity and technology businesses through a tax-free spin-off.