Meta Rises, Delta Gains Aritzia Surges on ‘Another Beat, Another Raise’
About this episode
On this episode of Stock Movers:
-Meta (META) shares are up. Meta is developing plans for a cloud business, which could include selling access to various AI models hosted on Meta's existing AI infrastructure or selling access to "raw" computing capacity.
-Delta (DAL) shares gain. Delta Air Lines Inc. reaffirmed its full-year profit guidance and said strong demand for premium, corporate and international travel helped offset the highest quarterly fuel expense in its history.
-Aritzia (ATZ CN) shares surge. Aritzia shares gain as much as 10% on Friday, its biggest intraday gain since early April, after the Canadian clothing retailer’s first-quarter 2027 adjusted earnings per share beat the average analyst estimate. The company also raised its fiscal 2027 revenue forecast.
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