All three major US stock indexes were up slightly in late-morning trading Tuesday, as market participants await the latest round of consumer price index data on Wednesday.

In company news, Oracle (ORCL) reported fiscal Q2 non-GAAP earnings late Monday of $1.47 per share, up from $1.34 a year earlier but below the consensus estimate of analysts surveyed by FactSet of $1.48. Fiscal Q2 revenue was $14.06 billion, up from $12.94 billion a year earlier but below the FactSet consensus of $14.12 billion. Oracle shares were down 7.6% around midday.

Boeing (BA) resumed production of its 737 MAX aircraft last week, roughly a month after the conclusion of a nearly eight-month strike, Reuters reported Monday, citing three unnamed sources familiar with the matter. Boeing shares were up 5.2%.

The Supreme Court of Ohio ruled Tuesday that a state law abrogates common-law claims from two counties that Walmart (WMT), CVS Health (CVS) and Walgreens Boots Alliance (WBA) created a public nuisance "by filing prescriptions for opioids without controls in place to stop the distribution of those that were illicitly prescribed." Shares of Walmart, CVS and Walgreens were up 1%, down 2.4% and down 0.3%, respectively.

Alaska Air Group (ALK) said Tuesday it expects 2025 earnings of at least $5.75 per share and increased capacity of 2% to 3%. Analysts polled by FactSet expect EPS of $5.55. The airline also said it was setting a 2027 financial earnings target of at least $10 per share. Alaska Air said it intends to double cargo revenue over the next few years, and it will open a new global hub in Seattle to combine Alaska Air and Hawaiian Airlines route networks "to optimize connections and deepen relevance" for passengers. Shares of Alaska Air were up 14.2%.

UBS Group (UBS) is restructuring its US wealth management business to serve the affluent in addition to ultra-wealthy clients, The Wall Street Journal reported Tuesday, citing an email to staff. UBS shares were down 2.3%.

Price: 176.07, Change: -14.39, Percent Change: -7.55