This week, shipping giant FedEx Corp. told investors it would boost sales and profit by targeting "high-value" customers and improving efficiency.

On Monday, one of America's largest banks, Morgan Stanley, said it would increase its quarterly dividend payouts on its common stock to 77.5 cents a share, up 11% from last year's payout of 70 cents.

As the first company to introduce a COVID-19 vaccine, the pharmaceutical behemoth Pfizer in partnership with BioNTech, said Wednesday they had signed a $3.2 billion deal with the U.S. government for 105 million doses of their vaccine.

Shares of Pinterest Inc. climbed more than 5% in late trading Tuesday after the social media company said its longtime CEO and co-founder Ben Silbermann is stepping down from his role effective Wednesday.

On Wednesday, Sheryl Sandberg announced that she would be stepping down from her role as Chief Operating Officer of Facebook parent Meta Platforms after serving the company for 14 years.

Heading into this week's markets, athletic footwear and apparel maker Nike Inc. will release its fourth-quarter earnings results on Monday after the market close.

Earlier this week, Twitter announced that Shopify's merchant customers would be able to connect their Twitter accounts to their Shopify accounts.

On Tuesday, Roku shares jumped 8% after an analyst at Needham outlined reasons she thinks the company can benefit from Netflix's planned push into selling ads.

On Wednesday, CEO Mark Zuckerberg of Facebook parent, Meta Platforms, told CNBC's Jim Cramer that the defining trait of the metaverse is the ability to feel a sense of presence.

At a time when the company is dealing with a slowdown in online shopping, Amazon announced last week that its big annual sale, Prime Day, will return for two consecutive days on July 12 and 13.

In late trading Thursday, Adobe stock lost ground after the provider of software for creativity provided softer-than-expected guidance for both its current quarter and full fiscal year.

On Tuesday, Coinbase Global Inc. added to a further wave of reckoning through the cryptocurrency industry after the company said it would cut almost a fifth of its staff.

While the S&P 500 Index sank into a bear market on Monday, with investors fearing that the Fed will need to hike interest rates more aggressively to fight inflation, Coca-Cola was the last one standing with what seems to be a knockout punch.

Last week, Chinese electric vehicle maker Nio reported disappointing first-quarter results, having lost $281.2 million, broader than the $68.8 million it lost a year ago.

In a surprise shake-up Thursday, Disney abruptly fired top television executive Peter Rice just months after renewing his contract.