Unlocking Q2 Potential of Delta (DAL): Exploring Wall Street Estimates for Key Metrics
Analysts on Wall Street project that Delta Air Lines (DAL) will announce quarterly earnings of $1.46 per share in its forthcoming report, representing a decline of 30.5% year over year. Revenues are projected to reach $17.73 billion, increasing 6.5% from the same quarter last year.
The current level reflects an upward revision of 0.8% in the consensus EPS estimate for the quarter over the past 30 days.
Explained – Why Nasdaq fell over 500 points on Tuesday and underperformed the Dow
Benchmark indices on Wall Street had a down day on Tuesday, July 7, with the Dow Jones also retreating from record high levels, as chip stocks sold-off yet again, after a small rebound on Monday.
The Nasdaq 100 index fell over 500 points or close to 2%, while the Nasdaq Composite was also down 1.1% at the close of Tuesday’s trade.
Read MoreWhat New Graduates Need to Know About 401(k) Plans
With summer comes a new class of graduates entering the workforce. They’ve passed. They’ve graduated. And they’ve landed a job. And now it’s time for these graduates to take on some serious adulting.
Naturally, this transition can bring some new and varied complexities, from choosing healthcare coverage to integrating into a workplace culture.
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Read MoreWhy Sandisk Stock Jumped 34% in June
Key Points
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Sandisk has been one of the biggest beneficiaries of the memory shortage.
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As of July 7, the stock has given up all of its June gains.
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Profits in the memory sector are soaring, but investors have concerns about their durability.
» Read more about: Why Sandisk Stock Jumped 34% in June »
Read MoreMultiple Aussie banks cut home loan interest rates for borrowers defying RBA hold: 'Opportunities'
Multiple Aussie banks have cut their home loan interest rates in the last week, with one major lender making a surprise double cut. The moves come despite the Reserve Bank of Australia (RBA) holding the cash rate in June, with expectations rate cuts are off the table for the rest of the year.
The Burst
Is Oracle a Buy on the Dip?
Shares surged after the company revealed a massive agreement reportedly worth up to $300 billion to supply computing capacity to OpenAI. But the excitement didn’t last.
Over the past three months, Oracle stock has fallen by over a third, forcing investors to ask a hard question, did the market overreact on the way up,
» Read more about: Is Oracle a Buy on the Dip? »
Read MoreThe Ivy
Is Meta Having its iPhone Moment?
Meta’s recent launch of AR glasses with an integrated display and built-in AI assistant looked modest on the surface. In reality, it marked the point where experimentation turned into execution.
Meta has been investing in smart glasses for more than seven years, giving it a meaningful head start. That lead is already visible in the data.
» Read more about: Is Meta Having its iPhone Moment? »
Read MoreThe Spotlight
AMD Is Positioning Itself for the Next Leg of AI Spending
For much of the AI boom, Advanced Micro Devices has played the role of the talented understudy, high potential, often overlooked, and inevitably compared to Nvidia’s runaway success.
Over two years, AMD’s stock has surged more than 3x, yet Nvidia has soared over 12x. The gap speaks less to AMD’s capabilities and more to how dramatically AI data center spending favored Nvidia early on.
» Read more about: AMD Is Positioning Itself for the Next Leg of AI Spending »