Delta Air Lines is set to release its earnings report on Friday morning, with CEO Ed Bastian scheduled to appear on CNBC's 'Squawk Box.' The stock has seen a decline of nearly 6% over the past three months and is down 14% from its peak on July 2.
In contrast, PepsiCo's stock rose almost 4% following a report that beat earnings expectations, although the company has reduced its earnings growth outlook to between 2.5% and 3.5%. Jim Cramer highlighted that while Pepsi's sales remain strong, the price cuts contributed to the revenue increase. PepsiCo's stock is down 10.6% year-to-date but offers a dividend yield of 4.61%.
Meanwhile, the French 10-year yield is around 4.8%, and the iShares MSCI France ETF (EWQ), which tracks major French stocks, has dropped 2% this week and 9% over the past month. In the energy sector, Brent crude is trading at approximately $104 per barrel, and the S&P Energy sector has risen 3.8% this week, with companies like Marathon Petroleum and Valero leading gains.
Overall, these developments could significantly impact market movements in the next trading session