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Five Stocks in Focus: JPMorgan and Delta Earnings, Meta's Reality Labs Cuts

MarketDash Editorial Team
5 hours ago
With markets opening lower Tuesday, investors are tracking earnings reports from JPMorgan, Delta Air Lines, and three other companies, while Meta Platforms reportedly prepares significant layoffs in its Reality Labs division to pivot toward AI.

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U.S. stock futures are trading slightly lower Tuesday morning, but that's not stopping a busy day of earnings reports and corporate news. Here's what's catching investors' attention.

Delta Air Lines Inc. (DAL) is expected to report quarterly earnings of $1.53 per share on revenue of $14.73 billion before the opening bell, according to market data. If you owned the stock, you had a quiet after-hours session to think about it—shares edged up just 0.1% to $71.06.

Meanwhile, Meta Platforms Inc. (META) is making headlines for reasons that have nothing to do with earnings. The company is reportedly planning to slash about 10% or more of the workforce in its Reality Labs division, which handles the metaverse and related projects. The move signals a strategic shift toward next-generation AI initiatives, according to The New York Times. The layoffs could be announced as soon as Tuesday. Meta shares inched up 0.1% to $642.47 in after-hours trading.

JPMorgan Chase & Co. (JPM) is another major name reporting before the bell. Analysts are projecting earnings of $4.95 per share on revenue of $46.20 billion. The banking giant's shares climbed 0.2% to $324.97 in after-hours trading as investors positioned ahead of the report.

Concentrix Corp (CNXC) is also on the earnings calendar for Tuesday morning, with expectations set at $2.91 per share on revenue of $2.54 billion. Shares gained 1% to $40.90 in after-hours trading.

Rounding out the list, Bank of New York Mellon Corp (BK) is expected to post quarterly earnings of $1.98 per share on revenue of $5.14 billion before the opening bell. Unlike the others, Bank of New York Mellon shares dipped 0.3% to $120.25 in after-hours trading.

It's shaping up to be a data-heavy morning, with financial heavyweights and a potential major restructuring at one of tech's biggest names all competing for attention.

Back to Stock Market News

Five Stocks in Focus: JPMorgan and Delta Earnings, Meta's Reality Labs Cuts

MarketDash Editorial Team
5 hours ago
With markets opening lower Tuesday, investors are tracking earnings reports from JPMorgan, Delta Air Lines, and three other companies, while Meta Platforms reportedly prepares significant layoffs in its Reality Labs division to pivot toward AI.

Get Bank Of New York Mellon Alerts

Weekly insights + SMS alerts

U.S. stock futures are trading slightly lower Tuesday morning, but that's not stopping a busy day of earnings reports and corporate news. Here's what's catching investors' attention.

Delta Air Lines Inc. (DAL) is expected to report quarterly earnings of $1.53 per share on revenue of $14.73 billion before the opening bell, according to market data. If you owned the stock, you had a quiet after-hours session to think about it—shares edged up just 0.1% to $71.06.

Meanwhile, Meta Platforms Inc. (META) is making headlines for reasons that have nothing to do with earnings. The company is reportedly planning to slash about 10% or more of the workforce in its Reality Labs division, which handles the metaverse and related projects. The move signals a strategic shift toward next-generation AI initiatives, according to The New York Times. The layoffs could be announced as soon as Tuesday. Meta shares inched up 0.1% to $642.47 in after-hours trading.

JPMorgan Chase & Co. (JPM) is another major name reporting before the bell. Analysts are projecting earnings of $4.95 per share on revenue of $46.20 billion. The banking giant's shares climbed 0.2% to $324.97 in after-hours trading as investors positioned ahead of the report.

Concentrix Corp (CNXC) is also on the earnings calendar for Tuesday morning, with expectations set at $2.91 per share on revenue of $2.54 billion. Shares gained 1% to $40.90 in after-hours trading.

Rounding out the list, Bank of New York Mellon Corp (BK) is expected to post quarterly earnings of $1.98 per share on revenue of $5.14 billion before the opening bell. Unlike the others, Bank of New York Mellon shares dipped 0.3% to $120.25 in after-hours trading.

It's shaping up to be a data-heavy morning, with financial heavyweights and a potential major restructuring at one of tech's biggest names all competing for attention.