Check out the companies making headlines yesterday:

Globalstar (NASDAQ: GSAT): Satellite communications provider Globalstar (NASDAQ: GSAT) rose by 10.9% on Tuesday after the company agreed to be acquired by Amazon See our full article here.

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Tesla (NASDAQ: TSLA): Electric vehicle pioneer Tesla (NASDAQ: TSLA) rose by 3.7% on Tuesday after UBS upgraded the stock to Neutral from Sell, pointing to a more balanced risk-reward profile. See our full article here.

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HighPeak Energy (NASDAQ: HPK): Oil and gas producer HighPeak Energy (NASDAQ: HPK) fell by 6.3% on Tuesday after renewed hopes for a U.S.-Iran ceasefire triggered a massive "relief rally" in broader markets, prompting investors to rotate out of energy hedges. See our full article here.

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Shopify (NASDAQ: SHOP): E-commerce platform Shopify (NASDAQ: SHOP) rose by 3.3% on Tuesday after the stock rebounded amid a broader rally in the technology sector and positive analyst sentiment. See our full article here.

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TransDigm (NYSE: TDG): Aerospace and defense company TransDigm (NYSE: TDG) rose by 5.4% on Tuesday after it released preliminary second-quarter results showing impressive financial strength. See our full article here.

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