Consumer Sector Update for 04/10/2024: DAL, PARA, TSLA

From Nasdaq: 2024-04-10 13:44:25

Consumer stocks were down Wednesday, with XLP dropping 0.7% and XLY falling 1.8%. Meanwhile, Delta Air Lines reported strong Q1 results, beating market estimates due to high travel demand. Paramount directors may leave amid talks of a merger with Skydance Media, causing a 6.5% drop in shares. Tesla is exploring a joint venture with Reliance Industries to build an EV facility in India, leading to a 3.3% share decrease.



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