Delta Air Lines is set to release its quarterly earnings on 'Squawk Box' at 6 a.m. ET, with CEO Ed Bastian providing insights shortly after. The airline's stock has risen 31% in the last three months but is currently down 7% from its July 2 high. In comparison, other airlines like American Airlines and Southwest Airlines have also shown significant gains, with American up 50% in three months.
Meanwhile, SK Hynix will debut on the Nasdaq at a price of $149 per share, contributing to its significant weighting in the iShares MSCI South Korea ETF, which has risen 90% in 2026 but is down 16% from its recent peak. Investors should be cautious of potential volatility, as noted by Jim Cramer.
Additionally, Taiwan Semiconductor Manufacturing's monthly sales report is anticipated, with the stock up 43% year-to-date but down 9% from its June high. In the energy sector, refiners like Valero and Marathon Petroleum have reached new highs, driven by ongoing geopolitical tensions affecting oil supply.
Lastly, Netflix is exploring live programming, although its stock has dropped 41% over the past year, and Disney is releasing a live-action version of 'Moana,' with its shares down 22% from a previous high