CAAP News & Events

The major averages closed fractionally higher, extending Monday's rebound, despite growing concern that the latest leg higher in crude could reintroduce inflation pressure and derail the recent stabilization in equities.WTI crude oil traded near $96 per barrel followingthat the United States "has been informed by most of our NATO 'Allies' that they don't want to get involved" with military operation against "the Terrorist Regime of Iran." Investors continue to monitor further developments in Iran, particularly after Iran's security chief Ali Larijani was killed in airstrikes overnight, according to Israeli Defense Minister Israel Katz.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:NvidiaCEO Jensen Huang said he sees demand for Blackwell and Ruben revenue ofDelta Air Linessaid itin high-single digitsMasterCardfor up to $1.8BQualcommand approved a new $20B stock repurchase authorizationAT&Tand Ciscoare collaborating onwith Nvidia AI infrastructure2. WALL STREET CALLS:Eli Lillyto Reduce from Hold at HSBCMorgan StanleyLemonadeto OverweightArgusDraftKingson prediction market competitionAlign Technologyto Overweight at BarclaysLi Autoto Neutral at Goldman Sachs3. AROUND THE WEB:Unileveris considering a potential separation of food assets, Bloomberg saysAlibabais planning to release an agentic AI service for companies, with an announcement for the product to be made as soon as this week, Bloomberg reportsActivist investor Jana Partners is calling for change at theme park operator Six Flags Entertainment, urging the company to explore a sale and immediately appoint a new head of its board of directors, according to a letter reviewed by ReutersBlue Owl Capitaltriggered the recent collapse of Century Capital Partners after discovering irregularities in its financial reporting and demanding repayment, FT reportsOpenAI on Friday signed a new contract with AmazonWeb Services to sell its AI to U.S. government employees for both classified and unclassified work, The Information says4. MOVERS:Drone autonomy software company Swarmersurged afterper share after its IPO was priced at $5Adecoagrogained after Morgan Stanleythe stock to Equal WeightOcugenadvanced after Canaccordcoverage of the stock with a Buy ratingMicrovastdeclined afterSoFifell after Muddy Waters announced it is5. EARNINGS/GUIDANCE:Tencent Music, with EPS and revenue higher year-over-yearGDS Holdingsand provided guidance for FY26Academy Sportsand provided guidance for FY26, with CEO Steve Lawrence commenting on "an inflection point for Academy as we continued to gain market share and moved back to topline growth"Corporacion America Airport, with EPS and revenue beating consensusCencorareaffirmedINDEXES:The Dow rose 46.85 , or 0.100%, to 46,993.26, the Nasdaq gained 105.35, or 0.47%, to 22,479.53, and the S&P 500 advanced 16.71, or 0.25%, to 6,716.09.

The major averages were broadly higher near noon, extending Monday's rebound, despite growing concern that the latest leg higher in crude could reintroduce inflation pressure and derail the recent stabilization in equities.Oil was trading higher once again following comments from President Trump on Monday, in which he suggested that a coalition to protect shipping along the Strait of Hormuz remains in the works, though he told reporters that some countries are "less than enthusiastic" about such plans. Meanwhile, investors continue to monitor further developments in Iran, particularly after Iran's security chief Ali Larijani was killed in airstrikes overnight, according to Israeli Defense Minister Israel Katz.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:NvidiaCEO Jensen Huang said he sees demand for Blackwell and Ruben revenue ofDelta Air Linessaid itin high-single digitsMasterCardfor up to $1.8BQualcommincreased its quarterly dividend and approved a newBoeingexpects itsto change to 47 per month around mid-year2. WALL STREET CALLS:Eli Lillyto Reduce from Hold at HSBCMorgan StanleyLemonadeto OverweightArgusDraftKingson prediction market competitionAlign Technologyto Overweight at BarclaysLi Autoto Neutral at Goldman Sachs3. AROUND THE WEB:Warner Bros. DiscoveryDavid Zaslav could receive more than $667.2M if his company is sold to Paramount Skydance, Bloomberg saysAlibabais planning to release an agentic AI service for companies, with an announcement for the product to be made as soon as this week, Bloomberg reportsActivist investor Jana Partners is calling for change at theme park operator Six Flags Entertainment, urging the company to explore a sale and immediately appoint a new head of its board of directors, according to a letter reviewed by ReutersBlue Owl Capitaltriggered the recent collapse of Century Capital Partners after discovering irregularities in its financial reporting and demanding repayment, FT reportsOpenAI on Friday signed a new contract with AmazonWeb Services to sell its AI to U.S. government employees for both classified and unclassified work, The Information says4. MOVERS:Adecoagrogains in New York after Morgan Stanleythe stock to Equal WeightOcugenincreases after Canaccordof the stock with a Buy ratingBabcock & Wilcoxhigher afterMicrovastlower in New York afterCytomX Therapeuticsfalls after announcing a5. EARNINGS/GUIDANCE:Tencent Musicwith EPS and revenue higher year-over-yearGDS Holdingsand provided guidance for FY26Academy Sportsand provided guidance for FY26, with CEO Steve Lawrence commenting on "an inflection point for Academy as we continued to gain market share and moved back to topline growth"Corporacion America Airport, with EPS and revenue beating consensusCencorafor FY26INDEXES:Near midday, the Dow was up 0.26%, or 120.57, to 47,066.98, the Nasdaq was up 0.32%, or 70.81, to 22,444.98, and the S&P 500 was up 0.34%, or 22.53, to 6,721.91.

Reports Q4 revenue $545.4M, consensus $483.76M. Commenting on the results for the quarter Martin Eurnekian, CEO of Corporacion America Airports, noted: "We closed the year with a very strong fourth quarter, achieving record traffic for both the quarter and the full year, supported by broad-based growth across our network. Passenger traffic increased 9% year-over-year in the quarter, reaching full-year record levels in Argentina, Armenia, Italy and Uruguay, reflecting resilient demand and continued connectivity expansion. Revenue increased 17% year-over-year excluding construction services, once again outpacing traffic growth and driven by solid performance across both aeronautical and commercial revenues. This translated into meaningful operating leverage. Adjusted EBITDA excluding IFRIC 12 increased nearly 40% year-over-year, with reported margins expanding by more than 7 percentage points. Even excluding one-off impacts in both periods, Adjusted EBITDA margin improved 4.6 percentage points year-over-year, underscoring the structural improvement in our profitability profile."

Corporacion America Airports reported today a 6.7% year-on-year increase in passenger traffic in February 2026. Total passenger traffic increased by 6.7% in February compared to the same month in 2025. Domestic traffic rose modestly by 0.2% YoY, driven by Brazil and Ecuador, partially offset by declines in Argentina and Italy. International traffic, meanwhile, grew by 14.1%, with all operating countries contributing positively on a YoY basis, including double-digit growth in Argentina, Italy, Brazil, Ecuador, and Armenia. Notably, Argentina accounted for more than 50% of total YoY traffic growth in February and over two-thirds of the increase in international traffic.