Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as a tech rally lifted the S & P 500 to fresh records, and what’s on the radar for the next session. Big Tech CEOs on a big edition of ‘Mad Money’ Wednesday night with Jim Cramer Snowflake and Salesforce both report after the bell. Both stocks aren’t doing as well as investors would hope. Sridhar Ramaswamy, CEO of Snowflake joins Cramer on Wednesday night. The stock has gained 2.6% in the past three months. Shares are down 37% from the November high. Marc Benioff, CEO of Salesforce is on ” Mad Money ” as well. The stock has lost 10% in the past three months. The stock is down 36% from last year’s high. StockStory, a web platform covering the stock, went through all the analysts and reports: “The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Salesforce has missed Wall Street’s revenue estimates multiple times over the last two years.” Implied volatility, which measures how much a stock is expected to move after the earnings report, is around 8% for Salesforce. Implied volatility has been at about that level in each of the last four quarters for the stock, but has come in under each time by about 50%. The implied volatility for Snowflake is much steeper: 12%. Of the analysts recorded on FactSet, 46 analysts covering Snowflake rate it buy or overweight. Six have a hold rating, and one deems it a sell. The stock is at $177.60, the average target price is $231.38. Forty analysts covering Salesforce rate it buy or overweight, while 13 say it’s a hold. Two deem it a sell. The stock closed at $179.08 on Tuesday. The average analyst on FactSet has a target of $254.43. CRM 3M mountain Salesforce over the past three months Big corporate reports before the bell live on ‘Squawk Box’ Abercrombie & Fitch reports: The stock has fallen almost 25% in the past three months. It is down 43% from the January high. Dick’s Sporting Goods has lost 15% over the past three months. The stock hit a high on Tuesday. Manchester United reports Wednesday morning. Shares have gained 12% in the past three months. The stock is down 4.3% from last week’s high. The team finished third in the Premier League. Not bad. U.S.-listed shares of the Bank of Montreal have gained more than 8% in the last three months. Canadian-traded shares hit a high on Monday. Club de hockey Canadien — The Montreal Canadiens — is down 2 games to 1 against the Carolina Hurricanes in the Eastern Conference Finals. Go, Habs, go! Airlines and the high price of jet fuel CNBC TV’s Phil LeBeau will get ahead of the summer travel season when he reports on a key conference covering the airline stocks. All the airline stocks have been faring quite well in the last month. Delta Air Lines has gained about 16% in the past month. The stock hit a high on Tuesday. United has risen around 14% in the past month. Shares are off 11% from the January high. American has gained 22% in the last month. The stock is down 10% from the January high. Southwest has advanced 7% over the past month. Shares are off 23% from the February high. JetBlue has been flat in over the past month, but shares are up 13% in May. The stock is down 18% from the February high. Alaska Air has jumped 5% in the past month. The stock is up 12% in May. Shares are down 33% from the September high. AAL 1M mountain American Airlines in the past month FedEx and the truckers CNBC TV’s Frank Holland reports as FedEx Freight, which will have the ticker FDXF, starts trading next week. Earlier this month, FedEx’s board of directors approved the spinoff of FedEx Freight. This will kick off a new era of Wall Street involvement with less-than-truckload companies, which combine smaller shipments from multiple customers on one truck. FedEx is off 1% from the April high. Shares have surged 45% in six months. Other stocks in this business including Old Dominion . The stock is down 7% from the April high. Shares have gained about 6% in the past week. XPO is down 9% from the April high. Shares have gained 4% in a week. Saia hit a new high on Tuesday. The stock has surged 67% in six months. ArcBest is off 4% from the April high. Shares have advanced 27% in the past three months. TFI International hit a new high on Tuesday. The stock has added more than 8% in the past month. 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