Today is Wednesday, July 8, 2026.

The Early Bird Index today is 86.98.

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FuelCell Energy $FCEL ( ▼ 12.68% ) plunged 16.76% in after-hours trading on Tuesday after announcing a new stock offering that could be a problem for current investors.

Details: FuelCell is now offering $200 million in common stock. The company intends to use the net proceeds of the offering for the expansion of manufacturing capacity to support growth, working capital, and general corporate purposes.

Powering the Story: The new offering is seen as a concrete, immediate, financially painful event for existing shareholders. It also derails the positive momentum in the stock.

Background: In recent months, FuelCell has overcome weaker-than-expected financial results thanks to the company's expansion into the AI and data center market, combined with strategic government financing. Several analysts have praised the stock.

Early Bird’s Nest Egg Gains: While this offering hurts existing shareholders, it does not change FuelCell’s core business: it is still a clean-energy company focused on baseload power, carbon capture, hydrogen, and data-center-oriented solutions.

Final Thoughts: Shares of FuelCell were up over 200% this year before Tuesday’s announcement.

^{PRESENTED BY PERCENT}

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Notable Earnings Today: Levi Strauss (NYSE: LEVI), Helen of Troy (Nasdaq: HELE), AZZ (NYSE: AZZ), PriceSmart (Nasdaq: PSMT).

Notable IPOs Today: Nuclea Energy Inc. (NYSE: NCLA), BIO-key International, Inc. Common Stock (Nasdaq: BKYI), Capstone Energy Plus, Inc. Common Stock (Nasdaq: CEPL).

Notable Equity Crowdfunding Campaigns Ending Today: Scandinavian Market (Honeycomb), Saed (Honeycomb).

Notable Economic Events Today: Crude Oil Inventories (10:30 a.m. ET), FOMC Meeting Minutes (2:00 p.m. ET), Consumer Credit (3:00 p.m. ET).

GameStop $GME ( ▼ 2.46% ) ticked down 0.31% in after-hours trading on Tuesday after shareholders approved a new share increase tied to the proposed eBay $EBAY ( ▲ 0.92% ) deal.

Details: Over 68% of GameStop shareholders approved an amendment to increase the number of common stock shares. GameStop will use the increased capacity to issue stock for strategic transactions, including its proposed acquisition of eBay.

Background: In May, GameStop’s CEO made an unsolicited offer to buy eBay for about $56 billion, which surprised investors and eBay.

Yes, But: eBay swiftly rejected the surprise offer in May, and it’s not clear if the new GameStop shareholder amendment will change that.

Final Thoughts: GameStop is up 7.66% this year. eBay is up 31%.

Kura Sushi USA $KRUS ( ▼ 5.72% ) fell 9.03% in after-hours trading on Tuesday after posting mixed financial earnings results and a lower financial outlook.

Financials: Kura Sushi USA reported earnings of 3 cents per share, which were better than expected. But revenue was $85.9 million, which was lower than expected.

Final Thoughts: The stock was previously down 2.45% this year.

Space Race Meets AI Race: SpaceXAI Plans to Launch New Model with Cursor as Soon as Wednesday (The Information)

Going Crypto: Vanguard opens search for digital assets leader in sign of evolving crypto strategy (CoinDesk)

Bombshell Probe: Democratic Lawmakers Probe Lutnick’s Possible Ties to Cantor Fitzgerald Deal (Wall Street Journal)

Not Happening Now: Kalshi traders see slim odds U.S. government will take a stake in OpenAI this year (CNBC)

Small Rally: Ether climbs toward $2K as Bitmine buys ETH, Robinhood L2 boost (Cointelegraph)

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_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}