DAL News & Events

A broad-based rebound in the Tech space continued for the second consecutive session, helping Nasdaq Composite once again outperform the other indices on Thursday with a 1.3% gain.  The Tech sector also paced the 0.8% rally in the S&P 500, with the cyclical Consumer Discretionary and Basic Materials also performing strongly.  Consumer Staples and Energy were the two worst-performing sectors in the S&P 500 even though the geopolitical climate and the standoff in the Middle East remain very fluid.  Treasury yields came in by 3-4 basis points across the maturities, offering some relief especially on the longer end of the curve.In the opening hour of the evening session, S&P E-minis and NASDAQ 100 contracts are trading flat.  In commodities, WTI crude oil is back below $72 per barrel while precious metals are a little changed.Delta Airlines, the next S&P 500 component to report results after Pepsi'sdisappointing numbers this morning, is on deck for Friday morning. The stock has rallied by about 30% since reporting its Q1 results in April, though shares have pulled back notably in July as Middle East tension reignited on energy supply fears while driving cost concerns for travel stocks.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -WD-40 Companyup 14.8%ALSO HIGHER -EquipmentShare.comup 7.8% after raising FY26 revenue viewSolaris Energy Infrastructureup 4.3% after admission into S&P smallcap 600 indexSigma Lithiumup 4.1% after Q2 delivery volume dataLOWER -Fermidown 16.0% after convertible debt offeringBrookdale Senior Livingdown 7.1% after June occupancy data

The major averages finished higher to start the week as markets returned from the holiday weekend with a constructive tone and chip stocks rebounded from recent weakness.Last week's weaker-than-expected labor report reduced some fears of additional near-term Federal Reserve tightening, which has helped improve risk appetite. Investors are now turning attention to Wednesday's Fed meeting minutes for clues on how policymakers view inflation and economic growth going into the second half of the year.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:SK Hynixwill offer 17.79M common sharesLockheed MartinUltra Maritime Solutions for $3.45BBroadcomwilla range of custom ASIC silicon products for AppleSolstice Advanced MaterialsElement Solutionsin a cash and stock deal valued at $14.5BComcast'sSkyITV Media in a deal valued at up to GBP 1.6B2. WALL STREET CALLS:BofAT-Mobileto BuyScotiabankfive cybersecurity names, citing growth potential stemming from AIGileadto Buy at HSBCBernsteinDatadogto Market PerformJetBlueto Underperform at Raymond James3. AROUND THE WEB:Energy Transferwon a $392M judgement in Texas over a failed attempt by San Antonio's city-owned utility CPS Energy to challenge the company over gas prices during the February 2021 Winter Storm Uri, Bloomberg reportsSuppliers plan to ship less than 1M iPhonefold units in 3Q26, which may push the start of device pre-orders and sales to Q4, with weeks of delivery delays, TF International analyst Ming-Chi Kuo said in a blog postCriteohas attracted a takeover offer backed by Vista Equity, Bloomberg saysDuring Sunday morning's government meeting, Deputy Minister Almog Cohen raised the issue of the sale of ZIMwith the government, Israel Hayom saysMicrosoftis eliminating 4,800 jobs, representing 2.1% of its workforce, with the company's Xbox division losing about one-fifth of its staff, CNBC reports4. MOVERS:TeraWulfincreases after announcing aIrengains in New York after Freedom Capitalthe stock to BuyDellhigher after President Trump said toKohl'slower after Morgan Stanleycoverage of the stock with an Underweight ratingEHangfalls in New York after JPMorganthe stock to Underweight5. EARNINGS/GUIDANCE:Clarivatebacked itsOndasprovidedInnovate EyewearreportedPepsiCotoon July 9Delta Air Linestoon July 10INDEXES:The Dow rose 155.84, or 0.29%, to 53,055.91, the Nasdaq gained 288.49, or 1.12%, to 26,121.16, and the S&P 500 advanced 54.19, or 0.72%, to 7,537.43.