The U.S. markets are sinking, with all four indexes at session lows. Nvidia is the only green stock, heading towards a record close. Top gainers include Tilray Brands (+20.3%), Akero Therapeutics (+16.5%), and UiPath PATH (+14.6%). Diginex (-19%) faces the steepest decline, while Ferrari (-14.5%) and Oddity (-9.8%) also struggle.
Google warns of a zero-day exploit affecting Oracle’s software, potentially exposing sensitive data. Despite this, Google’s stock is up 3.65%. The market opens slow, with stocks pulling back despite strong earnings from PepsiCo and Delta. PepsiCo beats expectations, while Delta’s profits grow 15% and revenue grows 4%.
Earnings season kicks off with reports from PepsiCo, Delta, and Levi Strauss. Fed Chairman Jerome Powell and other Fed members will speak today. The government shutdown limits economic data expectations. PepsiCo and Delta report strong earnings, boosting market confidence. Delta’s CEO credits improved demand for positive results.
Read more at Yahoo Finance: Stocks Dip Despite Strong PepsiCo, Delta Earnings
