Delta Gains, PepsiCo Rises, Ferrari Sinks on Cautious Forecasts
On this episode of Stock Movers:- Delta (DAL) shares rise after the carrier updated its adjusted earnings per share forecast for the full year, with the new guidance beating the average analyst estimate.- PepsiCo (PEP) shares rise after news that the company is working to cut costs and overhaul its portfolio to meet consumers’ shifting tastes, while it engages in discussions with an activist investor.- Ferrari (RACE) shares plunge after the carmaker issued cautious forecasts that disappointed investors, marring a coming-out party for the company’s first electric vehicle.See omnystudio.com/listener for privacy information.
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3:43
Delta Rises, Novo Falls, MP Materials After WSJ Report
On this episode of Stock Movers:- Delta (DAL) shares rise after the carrier updated its adjusted earnings per share forecast for the full year, with the new guidance beating the average analyst estimate.- Novo Nordisk shares (NVO) fall after the company agreed to buy Akero Therapeutics Inc. for as much as $5.2 billion to expand its portfolio in a type of liver disease linked to obesity.- MP Materials (MP) shares rise after China tightened its control over critical minerals used to make high-tech products including electric vehicles and jet fighters, the Wall Street Journal reported.See omnystudio.com/listener for privacy information.
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3:51
Delta and Pepsi Report; Ferrari's Major Slide
On this episode of Stock Movers:- Delta (DAL) is popping after it reported better-than-expected earnings for the third quarter, helped by leisure travelers and a rebound in corporate travel. The carrier predicted continued strong demand into next year, with full-year EPS expected to be about $6, ahead of the analyst consensus.- PepsiCo (PEP) is up despite reporting organic revenue growth for the third quarter that missed estimates as US shoppers purchase fewer processed snacks and sugary sodas. The food and beverage company, which owns the Lay’s, Gatorade and Quaker brands, reported organic revenue growth of 1.3%, below what analysts polled by Bloomberg expected.- Ferrari (RACE) shares posted their biggest intraday drop since 2016 after a cautious forecast at its investor day disappointed investors. The company raised its forecast for profit and revenue slightly for this year and issued longer-term guidance for 2030, with net revenue this year forecast to equal or exceed €7.1 billion.See omnystudio.com/listener for privacy information.
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4:17
Delta Beat; Pepsi Miss; Ferrari Slumps
On this episode of Stock Movers:- Delta (DAL) is popping after it reported better-than-expected earnings for the third quarter, helped by leisure travelers and a rebound in corporate travel. The carrier predicted continued strong demand into next year, with full-year EPS expected to be about $6, ahead of the analyst consensus.- PepsiCo (PEP) is up despite reporting organic revenue growth for the third quarter that missed estimates as US shoppers purchase fewer processed snacks and sugary sodas. The food and beverage company, which owns the Lay’s, Gatorade and Quaker brands, reported organic revenue growth of 1.3%, below what analysts polled by Bloomberg expected.- Costco (COST) is higher after the warehouse club reported comparable sales growth that beat analyst estimates for September, helped by a rise in both foot traffic and amount spent per customer.- Ferrari (RACE) shares posted their biggest intraday drop since 2016 after a cautious forecast at its investor day disappointed investors. The company raised its forecast for profit and revenue slightly for this year and issued longer-term guidance for 2030, with net revenue this year forecast to equal or exceed €7.1 billion.See omnystudio.com/listener for privacy information.
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4:02
Lloyds Falls, Ottobock Rises, Ferrari Drops
On this episode of Stock Movers:- Lloyds Banking Group shares drop as much as 3.9%, the most in six weeks, after the lender said it will likely have to set aside an additional — and potentially material — provision to compensate customers who were missold car loans.- Ottobock shares rose in the prosthetics firm’s debut trading session in Frankfurt on Thursday, after the biggest initial public offering in Germany in more than a year. - Ferrari offered a glimpse of its first electric car, teasing key performance benchmarks of the Elettrica as it starts to unwrap the model ahead of deliveries in late 2026. Ferrari said all-electric models will make up about 20% of its lineup by 2030, halving a goal set in 2022, while hybrids remain 40% of the mix and combustion powertrains make up 40%.See omnystudio.com/listener for privacy information.
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