Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app; acts as a reservations specialists; and operates online travel and traditional brick and mortar agencies. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers. The company operates through a fleet of approximately 1,273 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia.

Delta Air Lines выглядит фундаментально крепче большинства компаний сектора по прибыльности, но не по ликвидности. Оценочные мультипликаторы заметно ниже отраслевых медиан: P/E, P/S и P/FCF указывают на умеренную недооценённость, а P/B также ниже рынка, что поддерживает инвестиционный кейс. При этом динамика P/B и P/FCF в последние периоды была волатильной, поэтому рынок пока не готов полностью переоценить качество бизнеса вверх. Рентабельность капитала очень сильная: ROE и ROI существенно выше медианы отрасли, а чистая маржа и валовая маржа остаются на комфортном уровне. Это говорит о том, что компания умеет зарабатывать на высокой выручке и сохраняет хорошую операционную эффективность. С другой стороны, операционная маржа немного ниже отраслевого ориентира и в последние периоды не демонстрирует явного улучшения, что ограничивает потенциал расширения оценки. Баланс выглядит приемлемо по долговой нагрузке: debt/equity находится около медианы и заметно улучшался по годам, а долгосрочный долг снижался. Однако ликвидность слабая — current ratio и quick ratio существенно ниже отраслевых уровней, что для авиаперевозчика остаётся важным риском. Выручка и прибыль в годовом разрезе в целом выросли, а капитал и собственный капитал увеличиваются, что подтверждает восстановление и накопление финансовой устойчивости. EBITDA и операционная прибыль в последних точках были менее ровными, поэтому краткосрочная динамика не идеальна и требует осторожности. Дивидендная доходность низкая и в динамике снижалась, поэтому дивидендный фактор почти не поддерживает переоценку. В сумме фундаментал скорее оправдывает небольшой позитивный пересмотр целевого ориентира, но без агрессивного повышения из-за слабой ликвидности, нестабильности операционной прибыли и цикличности отрасли.

Delta Air Lines, Inc.

Сильный индекс, значительно упал. Быки в растерянности.

Strong index, significantly down. The bulls are confused.

Средний индекс, незначительно вырос. Рынок на стороне быков.

Medium index, slightly up. The market is on the bulls' side.

Средний индекс, значительно вырос. Увеличился приток средств в лонги.

Medium index, significantly up. The inflow of funds into longs has increased.

DAL выглядит недооценённой по мультипликаторам и сильной по рентабельности, но слабая ликвидность и неровная операционная динамика ограничивают масштаб пересмотра.

Key Points
Joby and Archer both lost their luster over the past year.
But both stocks could blast off once the FAA approves their first commercial flights.
Joby Aviation (NYSE: JOBY) and Archer Aviation (NYSE: ACHR) are both early movers in the electric vertical takeoff and landing (eVTOL) aircraft market. These aircraft are greener and easier to land in crowded urban areas than helicopters, but the Federal Aviation Administration (FAA) hasn't fully approved their first commercial flights.
Joby and Archer both went public through mergers with special purpose acquisition companies (SPACs) in 2021, but both stocks trade below their opening prices. Without any commercial flights, Joby and Archer were speculative stocks trading at high valuations -- so their luster faded as rising interest rates drove investors toward more conservative investments.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
But according to Eve Air Mobility's Global Market Outlook, there could be 30,000 eVTOLs in the air carrying three billion passengers globally by 2045. So could one of these unloved eVTOL stocks still be a great play on that secular trend?
The similarities and differences between Joby and Archer
Joby's S4 and Archer's Midnight both carry a single passenger and four passengers. The S4 can travel up to 150 miles on a single charge at a maximum speed of 200 miles per hour. The Midnight can travel up to 100 miles with a maximum speed of 150 miles per hour.
The S4 travels faster and farther than the Midnight because it uses single-tilt rotor propellers to lift and cruise. The Midnight is heavier because it uses separate propellers to lift and cruise. Joby is also developing a hydrogen-powered version of its eVTOL, but Archer isn't.
Joby and Archer are both working with the U.S. Department of Defense (DoD), and major investors and customers back both companies. Joby's backers include Toyota, Delta Air Lines, and Uber. Archer's backers include Stellantis, United Airlines, and Abu Dhabi Aviation. Both companies plan to initially launch their aircraft in the U.S. and the UAE.
Toyota and Stellantis plan to help Joby and Archer manufacture their commercial eVTOLs. Delta and United will add Joby and Archer's air taxi flights to their airline tickets as last-mile "airport to home" services. Joby will integrate its own flights directly into Uber's app, while Archer plans to launch its own first-party air taxi service rather than work with other companies.
Which company has a brighter future?
Joby and Archer both need to complete the FAA's lengthy, multi-stage approval process before launching their first commercial flights in the United States. Those full approvals probably won't happen until late 2026 or 2027. The Middle East conflicts could also disrupt or delay their first commercial flights in the UAE. That's why both stocks have been under pressure this year.
But from 2025 to 2028, analysts still expect Joby's revenue to grow from $53 million to $458 million. They also expect it to narrow its net loss from $930 million to $722 million. With a market cap of $9.2 billion, it trades at 20 times its 2028 sales. Most of its revenue comes from its acquisition of the air taxi services company Blade Urban Mobility, which closed last August.
From 2025 to 2028, analysts expect Archer's revenue to surge from less than $1 million in 2025 to $482 million in 2028. However, they expect its net loss to widen from $618 million to $868 million. With a market cap of $4.0 billion, it trades at just eight times its 2028 sales.
Joby trades at a premium to Archer because it's expanding into a vertically integrated "transportation as a service" business that manufactures, owns, and operates its own air taxi network. Archer is still primarily an original equipment manufacturer (OEM), heavily dependent on middlemen, as it sells most of its aircraft to third-party fleets. Joby also has more liquidity than Archer, and its supply chain is much tighter because it uses more first-party components.
The better buy: Joby Aviation
Archer might initially seem like a better value, but Joby's advantages make it a better long-term investment. While Archer might be aiming to become the next Boeing of the eVTOL market, Joby wants to become the next Tesla -- a more focused company that takes over the market with its first-party aircraft and air taxi services.
Should you buy stock in Joby Aviation right now?
Before you buy stock in Joby Aviation, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Joby Aviation wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $438,283!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,257,427!*
Now, it’s worth noting Stock Advisor’s total average return is 938% — a market-crushing outperformance compared to 206% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Boeing, Tesla, and Uber Technologies. The Motley Fool recommends Delta Air Lines, Stellantis, and Under Armour. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

eVTOL Stock Face-Off: Is Joby Aviation or Archer Aviation the Better Buy Right Now?

Key Points
Joby’s stock has gone nowhere since its public debut.
But it could take off once the FAA approves its first commercial flights.
Joby Aviation (NYSE: JOBY), a producer of electric vertical takeoff and landing (eVTOL) aircraft, went public through a merger with a special purpose acquisition company (SPAC) on Aug. 11, 2021. Its stock opened at $10.62 per share, set a record high of $20.39 on Aug. 4, 2025, but now trades at about $9. It initially impressed investors with its progress toward commercial eVTOL flights, but its luster faded amid delays and regulatory challenges. Elevated interest rates, geopolitical conflicts, and other macro headwinds exacerbated that pressure.
With a market cap of $9.2 billion, Joby still looks expensive at 83 times this year's sales. However, I believe one catalyst could drive its stock much higher over the next five years.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Joby has plenty of irons in the fire
Joby's S4 eVTOL can carry a single pilot and four passengers, travel up to 150 miles on a single charge, and reach a maximum speed of 200 miles per hour. The S4 can travel faster and farther than its closest competitor, Archer Aviation's (NYSE: ACHR) Midnight eVTOL, because it uses tilt-rotor propellers that alternate between lifting and cruising modes. The Midnight is heavier because it uses separate propellers for lifting and cruising.
Joby has completed test flights in the U.A.E., South Korea, and Japan. It's already backed by big investors and customers, including Toyota (NYSE: TM), Delta Air Lines (NYSE: DAL), and Uber (NYSE: UBER). Toyota will help Joby mass-produce its eVTOLs, Delta will use the S4 as a "last mile" airport-to-home air taxi service, and Uber will integrate those flights into its app. It also holds a $131 million contract with the U.S. Department of Defense.
What's the big catalyst that will drive its stock higher?
Joby has plenty of irons in the fire, but it can't ignite them with the government's approval. Joby expects the Federal Aviation Administration (FAA) to fully approve its first commercial flights in the U.S. in late 2026. It also plans to launch its first air taxi flights in Dubai this year, even though the Middle East conflict might disrupt and delay those plans.
If the FAA finally clears Joby's S4 for commercial flights, its revenue could skyrocket over the next few years as its eVTOLs replace traditional helicopters. That's why analysts expect its revenue to surge from $53 million in 2025 to $458 million in 2028.
But that could just be the beginning. According to Eve Air Mobility's recent Global Market Outlook, there could be 30,000 eVTOLs in the air carrying three billion passengers globally by 2045. So even though Joby's stock looks expensive today, it could still soar a lot higher. Assuming it matches analysts' expectations through 2028, grows its revenue at a 30% CAGR through 2031, and trades at 30 times its current year's sales by the final year, its stock could more than triple over the next five years.
Should you buy stock in Joby Aviation right now?
Before you buy stock in Joby Aviation, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Joby Aviation wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $438,283!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,257,427!*
Now, it’s worth noting Stock Advisor’s total average return is 938% — a market-crushing outperformance compared to 206% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of June 12, 2026.
Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Uber Technologies. The Motley Fool recommends Delta Air Lines. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Prediction: Joby Aviation Will Soar Over the Next 5 Years -- 1 Key Driver Behind the Rally

American Airlines (AAL) shares rallied 9.2% in the last trading session to close at $14.65. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 5.6% gain over the past four weeks.
American Airlines shares were lifted by President Trump's decision to call off planned military strikes against Iran. In fact, AAL shares have performed very well over a month, gaining more than 15% in the time period. The carrier expects record travel during the ongoing summer season (May 21-Sept. 8, 2026). During the period, the airline expects to fly a record 75 million passengers across 750,000 flights.
This world's largest airline is expected to post quarterly earnings of $0.06 per share in its upcoming report, which represents a year-over-year change of -93.7%. Revenues are expected to be $16.68 billion, up 15.9% from the year-ago quarter.
Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.
For American Airlines, the consensus EPS estimate for the quarter has been revised 0.8% lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. So, make sure to keep an eye on AAL going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
American Airlines is a member of the Zacks Transportation - Airline industry. One other stock in the same industry, Delta Air Lines (DAL), finished the last trading session 7% higher at $81.83. DAL has returned 7.6% over the past month.
Delta's consensus EPS estimate for the upcoming report has remained unchanged over the past month at $1.49. Compared to the company's year-ago EPS, this represents a change of -29.1%. Delta currently boasts a Zacks Rank of #3 (Hold).
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.
See Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

American Airlines (AAL) Soars 9.2%: Is Further Upside Left in the Stock?

The S&P 500 Index ($SPX) (SPY) on Thursday closed up +1.75%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +1.86%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +3.29%. June E-mini S&P futures (ESM26) rose +1.73%, and June E-mini Nasdaq futures (NQM26) rose +3.26%.
Stock indexes settled sharply higher on Thursday, after geopolitical risks eased when President Trump canceled planned strikes on Iran and signaled that a peace deal to end the war was imminent. Chipmakers and other AI-related stocks rallied on Thursday, leading the broader market higher. Also, Thursday’s -2% plunge in WTI crude oil sparked a rally in airline stocks and cruise line operators. However, software stocks retreated on Thursday, led by an -8% slump in Oracle after it reported higher-than-expected capital expenses, driven by increased data spending.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Stocks raced to their highs Thursday afternoon when President Trump said he canceled planned military strikes against Iran, citing "discussions" with Iranian leadership. He added that a "time and place of the signing" of a negotiated end to the war would "be announced shortly," and the US naval blockade of the Strait of Hormuz "will remain in full force and effect until this transaction is finalized."
Stocks were initially weighed down on Thursday amid concerns about the escalation of Middle East hostilities after President Trump said the US will be hitting Iran very hard tonight and will "at some point" take control of Kharg Island, Iran's key export hub, thus taking control of Iran's oil and gas markets.
Stocks were also pressured by Thursday’s US economic reports, which showed that weekly US jobless claims unexpectedly rose to a 4-month high and that May producer prices were mixed.
Late Wednesday, President Trump said the US will continue bombing Iran if it refuses to agree to an interim peace deal. Mr. Trump ordered multiple strikes on Iranian targets on Wednesday, and Iran retaliated by firing on US bases in Kuwait, Bahrain, and Jordan. The increase in tensions risks derailing peace talks between Iran and the US, thus keeping the Strait of Hormuz closed, and further tightening global energy supplies.
US weekly initial unemployment claims unexpectedly rose +4,000 to a 4-month high of 229,000, showing a weaker labor market than expectations of a decline to 220,000.
US May PPI final demand rose +1.1% m/m and +6.5% y/y, stronger than expectations of +0.7% m/m and +6.4% y/y, with the +6.5% y/y gain being the largest year-on-year increase in 3.5 years. However, May PI ex food and energy rose +0.4% m/m and +4.9% y/y, weaker than expectations of +0.5% m/m and +5.4% y/y.
WTI crude oil prices (CLN26) are extremely volatile, whipsawing higher and lower several times on Thursday. Crude prices today initially gave up an overnight advance of more than +2% and fell more than -2% after President Trump said he canceled planned strikes on Iran and that a peace deal to end the war was imminent. Crude prices initially rallied more than +2% on Thursday when President Trump said the US would keep attacking Iran and threatened to seize the Kharg Island oil terminal, Iran’s main crude exporting hub.
The markets are discounting a 0% chance of a +25 bp rate hike at the next FOMC meeting on June 16-17.
Overseas stock markets settled mixed on Thursday. The Euro Stoxx 50 closed up +0.78%. China's Shanghai Composite closed down -0.16%. Japan's Nikkei Stock Average recovered from a 2.5-week low and closed up +0.06%.
Interest Rates
September 10-year T-notes (ZNU6) on Thursday closed up +17 ticks, and the 10-year T-note yield fell -9.3 bp to 4.459%. T-notes rallied on Thursday after US weekly jobless claims unexpectedly rose to a 4-month high and May producer prices ex-food and energy rose less than expected, dovish factors for Fed policy. T-notes also garnered support on Thursday from the -2% fall in WTI crude oil prices, which lowered inflation expectations. The 10-year breakeven inflation rate fell to a 2.5-month low of 2.303% on Thursday.
Gains in T-notes were limited after stocks rallied sharply, which curbed safe-haven demand for government debt securities. Also, slack demand for the Treasury’s $22 billion auction of 30-year T-bonds was negative for T-notes, as the auction had a bid-to-cover ratio of 2.33, below the 10-auction average of 2.39.
European government bond yields moved lower on Thursday. The 10-year German Bund yield fell from a 2.5-week high of 3.091% and finished down -4.5 bp to 3.032%. The 10-year UK gilt yield fell -2.6 bp to 4.905%.
The ECB, as expected, raised the deposit facility rate by +25 bp to 2.25% from 2.00% and said, "The outlook remains uncertain, with upside risks for inflation and downside risks for economic growth."
The ECB cut its 2026 Eurozone GDP estimate to +0.8% from a previous estimate of +0.9% and raised its 2026 Eurozone inflation ex-food and energy forecast to +2.5% from a previous forecast of +2.3%.
Swaps are discounting a 62% chance of a +25 bp ECB rate hike at its next policy meeting on July 23.
US Stock Movers
Chipmakers and AI-infrastructure stocks rallied sharply on Thursday amid signs that AI spending is continuing after Oracle reported quarterly capital expenditures that were higher than expected, driven by increased data center spending. Sandisk (SNDK) closed up more than +14% to lead gainers in the S&P 500 and Nasdaq 100, and KLA Corp (KLAC) closed up more than +13%. Also, Lam Research (LRCX) closed up more than +12%, and Applied Materials (AMAT), ARM Holdings Plc (ARM), Marvell Technology (MRVL), and Micron Technology (MU) closed up more than +11%. In addition, Intel (INTC) and ASML Holding NV (ASML) closed up more than +9%, and Advanced Micro Devices (AMD) and Western Digital (WDC) closed up more than +7%. Finally, Seagate Technology Holdings Plc (STX), NXP Semiconductors NV (NXPI), and Qualcomm (QCOM) closed up more than +6%, and Microchip Technology (MCHP) and Texas Instruments (TXN) closed up more than +5%.
Airline stocks and cruise line operators moved sharply higher on Thursday after WTI crude oil fell more than -2%, lowering fuel costs and boosting the companies’ profitability prospects. Alaska Air Group (ALK) closed up more than +11%, and United Airlines Holdings (UAL) and American Airlines Group (AAL) closed up more than +9%. Also, Carnival (CCL) closed up more than +8%, and Southwest Airlines (LUV) and Royal Caribbean Cruises (RCL) closed up more than +7%. In addition, Norwegian Cruise Line Holdings (NCLH) and Delta Air Lines (DAL) closed up more than +6%.
Cryptocurrency-exposed stocks moved higher on Thursday as Bitcoin (^BTCUSD) rose more than +3%. Galaxy Digital Holdings (GLXY) closed up more than +10%, and Riot Platforms (RIOT) closed up more than +8%. Also, MARA Holdings (MARA) closed up more than +7%, Coinbase Global (COIN) closed up more than +4%, and Strategy (MSTR) closed up more than +3%.
Software stocks are under pressure today, limiting gains in the overall market, with Oracle (ORCL) down more than -8% to lead losers in the S&P 500 after forecasting full-year capital spending of $70 billion, $20-25 billion higher than expected due to prepayment for some components. Also, Autodesk (ADSK) closed down more than -7% to lead losers in the Nasdaq 100, and Adobe Systems (ADBE) closed down more than -6%. In addition, Workday (WDAY) closed down more than -5%, and Salesforce (CRM) closed down more than -2% to lead losers in the Dow Jones Industrials. Finally, ServiceNow (NOW), Atlassian Corp (TEAM), and Intuit (INTU) closed down more than -2%, and Microsoft (MSFT) closed down more than -1%.
Energy stocks and service providers slumped on Thursday after WTI crude oil fell more than -2%. Devon Energy (DVN) closed down more than -4%, and ConocoPhillips (COP) and APA Corp (APA) closed down more than -3%. Also, Chevron (CVX), Diamondback Energy (FANG), Exxon Mobil (XOM), and Occidental Petroleum (OXY) closed down more than -2%.
Voyager Technologies (VOYG) closed up more than +16% after BTIG initiated coverage on the stock with a buy recommendation and a price target of $55.
Navan (NAVN) closed up more than +9% after raising its full-year revenue forecast to $907 million-$913 million from a previous estimate of $866 million-$874 million, well above the consensus of $871.7 million.
Eaton Corp Plc (ETN) closed up more than +5% after agreeing to merge its mobility business with Dana Inc in a deal valuing the combined company at roughly $10 billion, including debt.
Allegion Plc (ALLE) closed up more than +3% after Longbow Research upgraded the stock to buy from neutral with a price target of $165.
Earnings Reports(6/12/2026)
America's Car-Mart Inc/TX (CRMT), Atlantic International Corp (ATLN), Friedman Industries Inc (FRD), Liberty Live Holdings Inc (LLYVA), Pioneer Bancorp Inc/NY (PBFS), Richtech Robotics Inc (RR), Seneca Foods Corp (SENEB), Whitestone REIT (WSR).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Settle Sharply Higher on Middle East Peace Hopes

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in OPENLANE Inc. (Symbol: OPLN), where a total of 6,172 contracts have traded so far, representing approximately 617,200 underlying shares. That amounts to about 66.1% of OPLN's average daily trading volume over the past month of 934,355 shares. Especially high volume was seen for the $40 strike call option expiring June 18, 2026, with 6,163 contracts trading so far today, representing approximately 616,300 underlying shares of OPLN. Below is a chart showing OPLN's trailing twelve month trading history, with the $40 strike highlighted in orange:
lululemon athletica inc (Symbol: LULU) saw options trading volume of 25,102 contracts, representing approximately 2.5 million underlying shares or approximately 56.5% of LULU's average daily trading volume over the past month, of 4.4 million shares. Particularly high volume was seen for the $130 strike call option expiring January 21, 2028, with 1,353 contracts trading so far today, representing approximately 135,300 underlying shares of LULU. Below is a chart showing LULU's trailing twelve month trading history, with the $130 strike highlighted in orange:
And Delta Air Lines Inc (Symbol: DAL) saw options trading volume of 39,512 contracts, representing approximately 4.0 million underlying shares or approximately 56% of DAL's average daily trading volume over the past month, of 7.1 million shares. Particularly high volume was seen for the $80 strike call option expiring June 18, 2026, with 6,021 contracts trading so far today, representing approximately 602,100 underlying shares of DAL. Below is a chart showing DAL's trailing twelve month trading history, with the $80 strike highlighted in orange:
For the various different available expirations for OPLN options, LULU options, or DAL options, visit StockOptionsChannel.com.
Further OPLN Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Notable Thursday Option Activity: OPLN, LULU, DAL

The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -1.62%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -1.87%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.98%. June E-mini S&P futures (ESM26) fell -1.62%, and June E-mini Nasdaq futures (NQM26) fell -2.07%.
Stock indexes sold off sharply on Wednesday, with the Dow Jones Industrials falling to a 2.5-week low. Rising geopolitical tensions in the Middle East lifted crude oil prices by more than +2% on Wednesday, sparking losses in stocks and bonds. Chipmakers, AI-infrastructure stocks, and the Magnificent Seven technology stocks all retreated on Wednesday, pressuring the overall market. Also, rising crude oil prices weighed on airline stocks, and trucking companies fell after Amazon expanded its LTL freight offering to all destinations in the US, including third-party warehouses, distribution centers, and retail partners.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Stocks extended losses and crude oil prices added to gains on Wednesday when President Trump pledged to strike Iran again after accusing the country of delaying talks on an interim peace deal. Mr. Trump declined to say what targets US forces would hit but said: "We hit them hard yesterday, and we're going to hit them hard again today."
Stocks found some support on Wednesday after US May consumer prices came in as expected, easing inflation concerns. Also, sharp gains in crude oil prices on Wednesday lifted energy producers.
US May CPI rose +4.2% y/y, right on expectations and the fastest pace of increase in 3 years. May core CPI rose +2.9% y/y, right on expectations, and the fastest pace of increase in 7 months.
US MBA mortgage applications rose +10.8% in the week ended June 5, with the purchase mortgage sub-index up +7.3% and the refinancing mortgage sub-index up +15.3%. The average 30-year fixed rate mortgage rose +3 bp to 6.60% from 6.57% in the prior week.
WTI crude oil prices (CLN26) soared more than +2% on Wednesday after the US and Iran exchanged strikes overnight. The US said it had completed an operation that saw fighter jets strike Iranian air defenses, ground control stations, and radar sites near the Strait of Hormuz in retaliation for Iran shooting down a US Apache helicopter. In response, Iran launched missiles at four US military targets and fired drones at the main US naval base in the Middle East, located in Bahrain, and struck Ali Al Salem air base in Kuwait. The increase in tensions risks derailing peace talks between Iran and the US, keeping the Strait of Hormuz closed, and further tightening global energy supplies.
The markets are discounting a 3% chance of a +25 bp rate hike at the next FOMC meeting on June 16-17.
Overseas stock markets settled lower on Wednesday. The Euro Stoxx 50 fell to a 2.5-week low and closed down -0.66%. China's Shanghai Composite closed down -0.42%. Japan's Nikkei Stock Average closed down -1.89%.
Interest Rates
September 10-year T-notes (ZNU6) on Wednesday closed down -2.5 ticks, and the 10-year T-note yield rose +2.3 bp to 4.540%. T-notes were under pressure on Wednesday after WTI crude oil prices surged more than +2%, which raised inflation expectations. Losses in T-notes were limited after the US May CPI report rose as expected, easing inflation concerns. Also, strong demand for the Treasury’s $39 billion auction of 10-year T-notes was positive for T-notes, as the auction had a bid-to-cover ratio of 2.57, well above the 10-auction average of 2.47.
European government bond yields moved higher on Wednesday. The 10-year German Bund yield climbed to a 2.5-week high of 3.088% and finished up +3.4 bp to 3.076%. The 10-year UK gilt yield rose +2.8 bp to 4.931%.
Swaps are discounting a 99% chance of a +25 bp ECB rate hike at its next policy meeting on Thursday.
US Stock Movers
Chipmakers and AI-infrastructure stocks moved lower on Wednesday and led the broader market lower. ON Semiconductor (ON) and Qualcomm (QCOM) closed down more than -6%, and Marvell Technology (MRVL), ARM Holdings Plc (ARM), and Western Digital (WDC) closed down more than -5%. Also, Broadcom (AVGO), Advanced Micro Devices (AMD), and Micron Technology (MU) closed down more than -4%, and NXP Semiconductors NV (NXPI), Microchip Technology (MCHP), and Seagate Technology Holdings Plc (STX) closed down more than -3%.
Most of the Magnificent Seven technology stocks settled lower on Wednesday, weighing on the overall market. Nvidia (NVDA) and Tesla (TSLA) closed down more than -3%, and Alphabet (GOOGL), Amazon.com (AMZN), and Meta Platforms (META) closed down more than -2%. Also, Microsoft (MSFT) closed down more than -1%. However, Apple (AAPL) bucked the trend, closing up 0.35%.
Airline stocks and cruise line operators sold off on Wednesday as WTI crude oil rose more than 2%, boosting fuel costs and dampening the companies’ profitability prospects. Alaska Air Group (ALK) closed down more than -7%, and United Airlines Holdings (UAL), Carnival (CCL), and Norwegian Cruise Line Holdings (NCLH) closed down more than -6%. Also, Delta Air Lines (DAL) and Royal Caribbean Cruises (RCL) closed down more than -5%, and American Airlines Group (AAL) and Southwest Airlines (LUV) closed down more than -4%.
Trucking companies were under pressure on Wednesday after Amazon expanded its LTL freight offering to all destinations in the US, including third-party warehouses, distribution centers, and retail partners. FedEx Freight Holding Co (FDXF) closed down more than -6%, and Old Dominion Freight Line (ODFL) and XPO Inc (XPO) closed down more than -5%. Also, ArcBest (ARCB) closed down more than -4%, and Saia Inc (SAIA) and CH Robinson Worldwide (CHRW) closed down more than -3%. In addition, JB Hunt Transport Services (JBHT) closed down more than -2%.
Energy producers and service providers moved higher on Wednesday as WTI crude oil rose more than +2%. Devon Energy (DVN) closed up more than +5%, and APA Corp (APA) closed up more than +3%. Also, ConocoPhillips (COP) closed up more than +2%, and Marathon Petroleum (MPC), Phillips 66 (PSX), Chevron (CVX), Diamondback Energy (FANG), Exxon Mobil (XOM), and Valero Energy (VLO) closed up more than +1%.
Super Micro Computer (SMCI) closed down more than -27% to lead losers in the S&P 500 after saying it plans $7 billion in equity and equity-linked financing transactions to fund component purchases.
Dianthus Therapeutics (DNTH) closed down more than -9% after peer developer Sanofi halted a late-stage trial of an experimental therapy for a rare autoimmune disorder, citing efficacy concerns.
Summit Therapeutics (SMMT) closed down more than -8% after announcing it had commenced an underwritten public offering of $500 million of shares of its common stock.
Cracker Barrel Old Country Store (CBRL) closed up more than +22% after raising its full-year revenue forecast to $3.27 billion to $3.30 billion from a previous estimate of $3.24 billion to $3.27 billion, stronger than the consensus of $3.25 billion.
Casey’s General Stores (CASY) closed up more than +20% to lead gainers in the S&P 500 after reporting Q4 revenue of $4.57 billion, above the consensus of $4.32 billion.
Live Nation Entertainment (LYV) rose more than +2% after Morgan Stanley raised its price target on the stock to $200 from $185, saying concerns around the impact of regulation on resale ticket pricing are overstated.
Illumina (ILMN) closed up more than +1% after JPMorgan Chase upgraded the stock to overweight from neutral with a price target of $185.
Earnings Reports(6/11/2026)
Adobe Inc (ADBE), Lennar Corp (LEN), RH (RH).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Settle Sharply Lower on Escalating Middle East Tensions

The S&P 500 Index ($SPX) (SPY) today is down -0.61%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.88%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.80%. June E-mini S&P futures (ESM26) are down -0.71%, and June E-mini Nasdaq futures (NQM26) are down -0.97%.
Stock indexes are sliding for a second day today, as chipmakers and AI-infrastructure stocks retreat. Also, rising crude oil prices are weighing on airline stocks, and trucking companies are under pressure today after Amazon expanded its LTL freight offering to all destinations in the US, including third-party warehouses, distribution centers, and retail partners.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Stocks found some support today after US May consumer prices came in as expected, easing inflation concerns. Also, gains in crude oil prices today are lifting energy producers.
US May CPI rose +4.2% y/y, right on expectations and the fastest pace of increase in 3 years. May core CPI rose +2.9% y/y, right on expectations, and the fastest pace of increase in 7 months.
US MBA mortgage applications rose +10.8% in the week ended June 5, with the purchase mortgage sub-index up +7.3% and the refinancing mortgage sub-index up +15.3%. The average 30-year fixed rate mortgage rose +3 bp to 6.60% from 6.57% in the prior week.
WTI crude oil prices (CLN26) are up more than +1% today after the US and Iran exchanged strikes overnight. The US said it had completed an operation that saw fighter jets strike Iranian air defenses, ground control stations, and radar sites near the Strait of Hormuz in retaliation for Iran shooting down a US Apache helicopter. In response, Iran launched missiles at four US military targets and fired drones at the main US naval base in the Middle East, located in Bahrain, and struck Ali Al Salem air base in Kuwait. Gains in crude prices accelerated today when President Trump said that Iran has taken too long to make a deal and that they will now have to “pay the price,” fueling concerns that the US may escalate military attacks on Iran.
The markets are discounting a 0% chance of a +25 bp rate hike at the next FOMC meeting on June 16-17.
Overseas stock markets are mixed today. The Euro Stoxx 50 recovered from a 2.5-week low and is up +0.03%. China's Shanghai Composite closed down -0.42%. Japan's Nikkei Stock Average closed down -1.89%.
Interest Rates
September 10-year T-notes (ZNU6) today are down -1 tick, and the 10-year T-note yield is up +0.2 bp to 4.519%. T-notes are under slight pressure today after a +1% jump in WTI crude oil, which has raised inflation expectations. Supply pressures are also weighing on T-note prices as the Treasury will auction $39 billion of 10-year T-notes later today. T-notes recovered from their worst levels after the US May CPI report rose as expected, easing inflation concerns.
European government bond yields are moving higher today. The 10-year German Bund yield climbed to a 2.5-week high of 3.088% and is up +1.7 bp to 3.060%. The 10-year UK gilt yield is up +1.7 bp to 4.920%.
Swaps are discounting a 100% chance of a +25 bp ECB rate hike at its next policy meeting on Thursday.
US Stock Movers
Chipmakers and AI-infrastructure stocks are leading the broader market lower today. ON Semiconductor (ON) is down more than -5%, and Qualcomm (QCOM) is down more than -5% to lead losers in the Nasdaq 100. Also, Western Digital (WDC) and Broadcom (AVGO) are down more than -4%, andAdvanced Micro Devices (AMD), NXP Semiconductors NV (NXPI), ARM Holdings Plc (ARM), and Microchip Technology (MCHP) are down more than -3%. In addition, Nvidia (NVDA), Marvell Technology (MRVL), and Micron Technology (MU) are down more than -2%.
Trucking companies are under pressure today after Amazon expanded its LTL freight offering to all destinations in the US, including third-party warehouses, distribution centers, and retail partners. Old Dominion Freight Line (ODFL) is down more than -4%, and FedEx Freight Holding Co (FDXF), ArcBest (ARCB), and XPO Inc (XPO) are down more than -3%. Also, Saia Inc (SAIA) is down more than -2%, and CH Robinson Worldwide (CHRW) and JB Hunt Transport Services (JBHT) are down more than -2%.
Airline stocks and cruise line operators are falling today, as WTI crude oil is up more than 1%, which is boosting fuel costs and dampening profitability prospects. United Airlines Holdings (UAL), Alaska Air Group (ALK), and Carnival (CCL) are down more than -4%, and American Airlines Group (AAL), Delta Air Lines (DAL), Royal Caribbean Cruises (RCL), and Norwegian Cruise Line Holdings (NCLH) are down more than -3%. Also, Southwest Airlines (LUV) is down more than -2%.
Energy producers and service providers are moving higher today, with WTI crude oil up more than +1%. Devon Energy (DVN) is up more than +5%, and APA Corp (APA) is up more than +3%. Also, ConocoPhillips (COP), Marathon Petroleum (MPC), Phillips 66 (PSX), and Chevron (CVX) are up more than +2%. In addition, Diamondback Energy (FANG), Exxon Mobil (XOM), Halliburton (HAL), and Valero Energy (VLO) are up more than +1%.
Super Micro Computer (SMCI) is down more than -17% to lead losers in the S&P 500 after saying it plans $7 billion in equity and equity-linked financing transactions to fund component purchases.
Dianthus Therapeutics (DNTH) is down more than -13% after peer developer Sanofi halted a late-stage trial of an experimental therapy for a rare autoimmune disorder, citing efficacy concerns.
Summit Therapeutics (SMMT) is down more than -7% after announcing it had commenced an underwritten public offering of $500 million of shares of its common stock.
Cracker Barrel Old Country Store (CBRL) is up more than +27% after raising its full-year revenue forecast to $3.27 billion to $3.30 billion from a previous estimate of $3.24 billion to $3.27 billion, stronger than the consensus of $3.25 billion.
Casey’s General Stores (CASY) is up more than +14% to lead gainers in the S&P 500 after reporting Q4 revenue of $4.57 billion, above the consensus of $4.32 billion.
Illumina (ILMN) is up more than +3% after JPMorgan Chase upgraded the stock to overweight from neutral with a price target of $185.
Hinge Health (HNGE) is up more than +2% after raising its full-year revenue forecast to $818 million to $824 million from a previous estimate of $798 million to $804 million.
Earnings Reports(6/10/2026)
Chewy Inc (CHWY), Core & Main Inc (CNM), Oracle Corp (ORCL).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Resume Decline as Chipmakers and AI Companies Fall

The S&P 500 Index ($SPX) (SPY) today is down -0.28%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.38%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.28%. June E-mini S&P futures (ESM26) are down -0.25%, and June E-mini Nasdaq futures (NQM26) are down -0.22%.
Stock indexes are sliding today, led by weakness in technology stocks, as investors rotate out of the sector, weighing on the broader market. Also, trucking companies are under pressure today after Amazon expanded its LTL freight offering to all destinations in the US, including third-party warehouses, distribution centers, and retail partners. However, stock indexes recovered from their worst levels after US May consumer prices came in as expected, easing inflation concerns.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
US May CPI rose +4.2% y/y, right on expectations and the fastest pace of increase in 3 years. May core CPI rose +2.9% y/y, right on expectations, and the fastest pace of increase in 7 months.
US MBA mortgage applications rose +10.8% in the week ended June 5, with the purchase mortgage sub-index up +7.3% and the refinancing mortgage sub-index up +15.3%. The average 30-year fixed rate mortgage rose +3 bp to 6.60% from 6.57% in the prior week.
WTI crude oil prices (CLN26) are up more than +1% today after the US and Iran exchanged strikes overnight. The US said it had completed an operation that saw fighter jets strike Iranian air defenses, ground control stations, and radar sites near the Strait of Hormuz in retaliation for Iran shooting down a US Apache helicopter. In response, Iran launched missiles at four US military targets and fired drones at the main US naval base in the Middle East, located in Bahrain, and struck Ali Al Salem air base in Kuwait. Losses in crude prices accelerated today when President Trump said that Iran has taken too long to make a deal and that they will now have to “pay the price,” fueling concerns that the US may escalate military attacks on Iran.
The markets are discounting a 0% chance of a +25 bp rate hike at the next FOMC meeting on June 16-17.
Overseas stock markets are lower today. The Euro Stoxx 50 fell to a 2.5-week low and is down -0.34%. China's Shanghai Composite closed down -0.42%. Japan's Nikkei Stock Average closed down -1.89%.
Interest Rates
September 10-year T-notes (ZNU6) today are down -2 ticks, and the 10-year T-note yield is up +0.6 bp to 4.523%. T-notes are under pressure today after a +1% jump in WTI crude oil, which has raised inflation expectations. Supply pressures are also weighing on T-note prices as the Treasury will auction $39 billion of 10-year T-notes later today.
Today’s stock weakness has boosted some safe-haven demand for government debt securities and is limiting losses in T-notes. Also, today’s as-expected US May CPI report limited the downside in T-notes.
European government bond yields are moving higher today. The 10-year German Bund yield climbed to a 2.5-week high of 3.088% and is up +2.7 bp to 3.070%. The 10-year UK gilt yield is up +2.1 bp to 4.924%.
Swaps are discounting a 100% chance of a +25 bp ECB rate hike at its next policy meeting on Thursday.
US Stock Movers
The weakness in chipmakers and AI-infrastructure stocks is leading the broader market lower today. Western Digital (WDC) and Broadcom (AVGO) are down more than -4%, and Seagate Technology Holdings Plc (STX) is down more than -3%. Also, Micron Technology (MU) is down more than -2%, and Nvidia (NVDA), Microchip Technology (MCHP), NXP Semiconductors NV (NXPI), and Qualcomm (QCOM) are down more than -1%.
Trucking companies are under pressure today after Amazon expanded its LTL freight offering to all destinations in the US, including third-party warehouses, distribution centers, and retail partners. ArcBest (ARCB) is down more than -7%, and Old Dominion Freight Line (ODFL) is down more than -6% to lead losers in the Nasdaq 100. Also, Saia Inc (SAIA) and XPO Inc (XPO) are down more than -5%. In addition, FedEx Freight Holding Co (FDXF), CH Robinson Worldwide (CHRW), and JB Hunt Transport Services (JBHT) are down more than -2%.
Airline stocks and cruise line operators are falling today, as WTI crude oil is up more than 1%, which boosts fuel costs and dampens profitability prospects. United Airlines Holdings (UAL) and Alaska Air Group (ALK) are down more than -3%, and American Airlines Group (AAL), Delta Air Lines (DAL), and Royal Caribbean Cruises (RCL) are down more than -2%. Also, Southwest Airlines (LUV), Carnival (CCL), and Norwegian Cruise Line Holdings (NCLH) are down more than -1%.
Energy producers and service providers are moving higher today, with WTI crude oil up more than +1%. Devon Energy (DVN) is up more than +4%, and APA Corp (APA) is up more than +3%. Also, ConocoPhillips (COP) is up more than +2%, and Marathon Petroleum (MPC), Phillips 66 (PSX), Chevron (CVX), Halliburton (HAL), and Valero Energy (VLO) are up more than +1%.
Dianthus Therapeutics (DNTH) is down more than -13% after peer developer Sanofi halted a late-stage trial of an experimental therapy for a rare autoimmune disorder, citing efficacy concerns.
Super Micro Computer (SMCI) is down more than -12% to lead losers in the S&P 500 after saying it plans $7 billion in equity and equity-linked financing transactions to fund component purchases.
Summit Therapeutics (SMMT) is down more than -3% after announcing it had commenced an underwritten public offering of $500 million of shares of its common stock.
Cracker Barrel Old Country Store (CBRL) is up more than +31% after raising its full-year revenue forecast to $3.27 billion to $3.30 billion from a previous estimate of $3.24 billion to $3.27 billion, stronger than the consensus of $3.25 billion.
Casey’s General Stores (CASY) is up more than +14% to lead gainers in the S&P 500 after reporting Q4 revenue of $4.57 billion, above the consensus of $4.32 billion.
Illumina (ILMN) is up more than +2% after JPMorgan Chase upgraded the stock to overweight from neutral with a price target of $185.
Hinge Health (HNGE) is up more than +2% after raising its full-year revenue forecast to $818 million to $824 million from a previous estimate of $798 million to $804 million.
Earnings Reports(6/10/2026)
Chewy Inc (CHWY), Core & Main Inc (CNM), Oracle Corp (ORCL).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Fall on Weakness in Tech and Trucking Companies

The S&P 500 Index ($SPX) (SPY) on Tuesday closed down -0.26%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.17%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.12%. June E-mini S&P futures (ESM26) fell -0.36%, and June E-mini Nasdaq futures (NQM26) fell -1.15%.
Stock indexes gave up an early advance on Tuesday and retreated, with the S&P 500 and Nasdaq 100 falling to 5-week lows. Chipmakers gave up an early advance on Tuesday and sold off sharply as investors rotated out of the sector, weighing on the broader market. Also, weakness in software stocks dragged on the overall market, and energy producers slid amid Tuesday’s -3% plunge in WTI crude oil prices (CLN26) to a 7-week low.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
However, home builders and suppliers rallied on Tuesday after US Apr existing home sales rose to a 5-month high. Also, airline stocks and cruise line operators moved higher as the slump in crude prices on Tuesday lowered fuel costs and boosted the companies’ profitability prospects.
Tuesday’s US economic news was supportive for stocks, as the Apr trade deficit eased to -$55.9 billion from -$56.6 billion in Mar, narrower than the -$56.1 billion expected. Also, May existing home sales rose +3.2% m/m to a 5-month high of 4.17 million, stronger than expectations of 4.07 million.
Crude oil prices sank on Tuesday to a 7-week low after Iran and Israel agreed to end hostilities toward each other. President Trump on Tuesday predicted a swift end to war with Iran and a subsequent fall in oil prices and said, “We’re in the final throes of what will be a very, very good deal, and that they could have at least an idea one or two days from now” about the deal. However, crude price bounced off its low and stocks added to their losses Tuesday afternoon when President Trump blamed Iran for shooting down a US military helicopter and said the US would respond, reigniting fears that the US-Iran peace plan is in peril and the Strait of Hormuz will remain closed, further tightening global oil supplies.
China trade news was better than expected, a positive factor for global economic growth. May exports rose +19.4% y/y, stronger than expectations of +15.0% y/y. Also, May imports rose +27.4% y/y, stronger than expectations of +26.0% y/y.
The markets are discounting a 3% chance of a +25 bp rate hike at the next FOMC meeting on June 16-17.
Overseas stock markets settled mixed on Tuesday. The Euro Stoxx 50 fell from a 1.5-week high and closed down -0.21%. China's Shanghai Composite closed up +1.28%. Japan's Nikkei Stock Average closed up +2.17%.
Interest Rates
September 10-year T-notes (ZNU6) on Tuesday closed up +6 ticks, and the 10-year T-note yield fell -3.6 bp to 4.526%. Sep T-note prices rose on Tuesday amid a -3% plunge in WTI crude oil prices, which eased inflation expectations. The 10-year breakeven inflation rate fell to a 2-month low of 2.337% on Tuesday. Also, Tuesday’s stock sell-off boosted safe-haven demand for T-notes.
Tuesday’s stronger-than-expected US May existing home sales report limited gains in T-notes. Also, so-so demand for the Treasury’s $58 billion auction of 3-year T-notes was negative for T-notes, as the bid-to-cover ratio was 2.64, below the 10-auction average of 2.65.
European government bond yields moved lower on Tuesday. The 10-year German Bund yield fell -1.8 bp to 3.043%. The 10-year UK gilt yield fell -3.0 bp to 4.903%.
German Apr industrial production rose +0.4% m/m, right on expectations and the biggest increase in five months.
German trade news was better than expected as Apr exports unexpectedly rose +0.9% m/m, stronger than expectations of a-0.5% m/m decline. Also, Apr imports unexpectedly rose +1.2% m/m versus expectations of a -2.0% m/m decline.
Swaps are discounting a 100% chance of a +25 bp ECB rate hike at its next policy meeting on Thursday.
US Stock Movers
Chipmakers gave up an early advance today and turned lower, weighing on the broader market. Marvell Technology (MRVL) closed down more than -10% to lead losers in the Nasdaq 100, and Qualcomm (QCOM) and ARM Holdings Plc (ARM) closed down more than -7%. Also, Advanced Micro Devices (AMD) and Micron Technology (MU) closed down more than -4%, andIntel (INTC) closed down more than -3%. In addition, NXP Semiconductors NV (NXPI) closed down more than -2%, and Broadcom (AVGO) and Texas Instruments (TXN) closed down more than -1%.
Software stocks retreated on Tuesday, weighing on the overall market. ServiceNow (NOW) closed down more than -6%, and Salesforce (CRM) closed down more than -4% to lead losers in the Dow Jones Industrials. Also, Intuit (INTU), Oracle (ORCL), and Palantir Technologies (PLTR) closed down more than -3%, and Workday (WDAY), Atlassian Corp (TEAM), and Adobe Systems (ADBE) closed down more than -2%. In addition, Microsoft (MSFT) and Datadog (DDOG) closed down more than -1%.
Energy producers and service providers slid on Tuesday as WTI crude oil fell more than -3% to a 7-week low. APA Corp (APA), Marathon Petroleum (MPC), Phillips 66 (PSX), Devon Energy (DVN), Halliburton (HAL), and Diamondback Energy (FANG) closed down more than -2%. Also, Baker Hughes (BKR), Chevron (CVX), Exxon Mobil (XOM), Valero Energy (VLO), ConocoPhillips (COP), Occidental Petroleum (OXY), and SLB Ltd (SLB) closed down more than -1%.
Airline stocks and cruise line operators rallied on Tuesday as WTI crude oil fell more than 3% to a 7-week low, lowering the companies’ fuel costs and boosting profitability prospects. Alaska Air Group (ALK) closed up more than +6%, and Southwest Airlines (LUV) closed up more than +5%. Also, United Airlines Holdings (UAL) closed up more than +4%, and American Airlines Group (AAL), Delta Air Lines (DAL), and Royal Caribbean Cruises (RCL) closed up more than +3%. In addition, Carnival (CCL) and Norwegian Cruise Line Holdings (NCLH) closed up more than +2%.
Homebuilders and building suppliers moved higher on Tuesday after US May existing home sales rose more than expected to a 5-month high. Builders Firstsource (BLDR) closed up more than +6%, and Toll Brothers (TOL) closed up more than +5%. Also, DR Horton (DHI) and Pulte Group (PHM) closed up more than +4%, and Home Depot (HD) closed up more than +3% to lead gainers in the Dow Jones Industrials. In addition, KB Home (KBH) closed up more than +3%, and Lennar (LEN) closed up more than +1%.
SailPoint (SAIL) closed down more than -11% after forecasting Q2 adjusted EPS of 7 cents to 8 cents, the midpoint below the consensus of 7.9 cents.
United Natural Foods (UNFI) closed down more than -10% after reporting Q3 net sales of $7.72 billion, weaker than the consensus of $7.80 billion, and forecasting full-year net sales of $31.10 billion to $31.30 billion, below the consensus of $31.32 billion.
Vail Resorts (MTN) closed down more than -4% after reporting Q3 EPS of $8.81, weaker than the consensus of $9.00.
Novanta (NOVT) closed down more than -2% after agreeing to acquire Riverpoint Medical from Arlington Capital for $1.2 billion in cash.
Nuvalent (NUVL) closed up more than +39% after GSK Plc agreed to buy the company for $10.6 billion, or about $124 a share.
J M Smucker (SJM) closed up more than +10% to lead gainers in the S&P 500 after reporting Q4 adjusted EPS of $2.77, better than the consensus of $2.64, and forecasting 2027 adjusted EPS of $9.75 to $10.25, the midpoint above the consensus of $9.78.
West Pharmaceutical Services (WST) closed up more than +4% after Barclays upgraded the stock to overweight from equal weight with a price target of $400.
Applied Digital (APLD) closed up more than +2% after signing a 15-year take-or-pay lease with a US-based artificial intelligence hyperscaler for 210 megawatts of IT load at its Delta Forge 2 campus.
Earnings Reports(6/10/2026)
Chewy Inc (CHWY), Core & Main Inc (CNM), Oracle Corp (ORCL).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Broader Market Pressured as Chip Stocks Sink

American Airlines Group (NASDAQ:AAL), a major passenger and cargo carrier, closed Tuesday at $14.09, up 3.60%. The stock advanced after the company announced a sustainable aviation fuel deal with Alphabet’s Google. Falling oil prices and recent analyst upgrades helped boost its price.
Trading volume reached 149.7 million shares, coming in about 127% above its three-month average of 66.0 million shares. American Airlines Group IPO'd in 2005 and has fallen 33% since going public.
How the markets moved today
The S&P 500 (SNPINDEX:^GSPC) slipped 0.26% to finish at 7,387, while the Nasdaq Composite (NASDAQINDEX:^IXIC) fell 0.97% to 25,679. Among airline stocks, industry peers Delta Air Lines (NYSE:DAL) gained 3.78% to close at $81.17, and United Airlines (NASDAQ:UAL) finished up 4.09% at $109.63 as investors weighed fuel-cost pressures and resilience in travel demand.
What this means for investors
Airline stocks, including American Airlines, got a boost today from falling oil prices. But the main tailwind for the firm was news that it will partner with Google on sustainable aviation fuel (SAF) certificates. Often made using waste oils, such as used cooking oil, SAFs are a way to reduce carbon emissions.
The deal is groundbreaking and takes the airline closer to its goal of using SAF for 10% of its fuel by 2030. However, it doesn’t do that much to tackle American’s reliance on expensive jet fuel today. Without a peace agreement between the U.S. and Iran, there’s no end in sight for elevated oil prices, which will weigh on the firm’s profits.
Should you buy stock in American Airlines Group right now?
Before you buy stock in American Airlines Group, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and American Airlines Group wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $445,672!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,280,566!*
Now, it’s worth noting Stock Advisor’s total average return is 948% — a market-crushing outperformance compared to 206% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of June 9, 2026.
Emma Newbery has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet. The Motley Fool recommends Delta Air Lines. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Delta Air Lines, Inc.

Market sentiment

Bullish sentiment

Share of longs and shorts

Confidence Index

Bulls

Support Index

Bulls

Cash flows Index

Bulls

Momentum

Metrics since the start of the current trend:

Protective stop levels