Anticipate Market Shifts: Your Essential Stock Briefing for Today
Delta Air Lines: Expected Earnings Report
Delta Air Lines (NYSE: DAL) is scheduled to release its quarterly financial results before the market opens. Analysts predict earnings per share of $1.53 on revenues totaling $14.73 billion. Following recent trading activity, Delta's shares saw a marginal increase of 0.1% to $71.06 during after-hours trading.
Meta Platforms: Strategic Restructuring in Reality Labs
Meta Platforms Inc. (NASDAQ: META) is reportedly planning to implement significant job reductions, potentially affecting 10% or more of its Reality Labs division workforce. This strategic move aims to redirect focus towards advanced artificial intelligence initiatives, with potential layoff announcements expected as early as today, according to The New York Times. Meta's stock experienced a slight gain of 0.1%, closing at $642.47 in the after-hours session.
JPMorgan Chase: Ahead of Q1 Earnings Announcement
JPMorgan Chase & Co (NYSE: JPM) is set to announce its quarterly earnings prior to market opening. Market projections indicate an expected earnings per share of $4.95 and revenues of $46.20 billion. The company's shares registered a modest rise of 0.2% to $324.97 in after-hours trading.
Concentrix Corp: Quarterly Financial Projections
Prior to the market opening, Concentrix Corp (NYSE: CNXC) is expected to announce its quarterly earnings. Projections suggest earnings per share of $2.91 on revenues of $2.54 billion. Concentrix shares advanced by 1% to $40.90 in after-hours trading.
Bank of New York Mellon Corp: Pre-Market Earnings Outlook
Bank of New York Mellon Corp (NYSE: BK) is anticipated to release its quarterly financial results before the opening bell. Analysts forecast earnings per share of $1.98 on revenues of $5.14 billion. The bank's shares experienced a slight decline of 0.3% to $120.25 in after-hours trading.