Delta Skyrockets 14% on Strong Q2 Earnings and Outlook
Delta stock soared 14% after strong Q2 earnings and outlook, leading Yahoo Finance’s trending tickers. Beat analyst estimates by $0.03, raised dividend by 25%, and hiked Q3 EPS guidance to $1.25-$1.75. Analysts expect more earnings beats this season.
Bitcoin hit a new high over $112,000, boosting crypto plays like Circle and Robinhood. Reasons for the surge include short covering and safe haven demand amid tariff uncertainty. Retail investor interest in 24/7 trading is also driving up prices.
Nvidia’s market cap reached $4 trillion, with shares rising on a bullish call from HSBC analyst for rival AMD. Kellogg’s stock surged 31% after chocolate giant Ferrero offered a $3.1 billion buyout. The deal would remove another Kellogg brand from public markets.
Read more at Yahoo Finance: Nvidia captures the market zeitgeist, WK Kellogg bakes up a big deal, and Delta soars: Opening Bid takeaways