WD-40 Company's shares surged over 15% after reporting third-quarter earnings of $2.33 per share, exceeding analysts' expectations of $1.56, and raising its full-year guidance. In contrast, Delta Air Lines' stock fell more than 3% despite beating earnings estimates, as CEO Ed Bastin indicated that the company would maintain pricing power amid rising jet fuel costs.
Circle Internet Group's shares rose over 13% following approval from the U.S. Office of the Comptroller of the Currency to launch a crypto-focused bank, which CEO Jeremy Allaire described as a pivotal moment for integrating blockchain into finance. Vodafone Group's U.S.-listed shares jumped 13% after French billionaire Xavier Niel acquired a 16% stake, making him the largest shareholder.
Netflix's stock edged up on reports of potential live television offerings and bundling with other services, amid declining subscriber engagement. Meanwhile, memory and chip stocks like Intel and Sandisk declined ahead of SK Hynix's Nasdaq debut. Twilio and Shopify gained 2% after Stifel upgraded them to buy, citing their potential in AI and e-commerce, respectively.
Crypto-related stocks, including Strategy and Coinbase, rose around 5% as bitcoin prices surpassed $64,000. Meta's shares increased by 3.5%, continuing a rally fueled by news of an upcoming AI chip production