On CNBC's “Halftime Report Final Trades,” Kevin Simpson of Capital Wealth Planning said earnings of Meta Platforms, Inc. (NASDAQ:META) are expected to be up 20%. The company has topped expectations in the past seven quarters, he added.
Wall Street expects Meta to report quarterly earnings at $5.25 per share on revenue of $40.29 billion after the closing bell today.
Jim Lebenthal of Cerity Partners named Delta Air Lines, Inc. (NYSE:DAL) as his final trade.
Delta Air Lines recently filed a lawsuit against cybersecurity firm CrowdStrike Holdings Inc. (NASDAQ:CRWD) in a Georgia state court, following a global outage in July that led to widespread flight cancellations.
The lawsuit, lodged in Fulton County Superior Court, claims that a software update from CrowdStrike was "catastrophic," causing more than 8.5 million Microsoft‘s Windows-based computers worldwide to crash.
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Jenny Van Leeuwen Harrington of Gilman Hill Asset Management, LLC said Star Bulk Carriers Corp. (NASDAQ:SBLK) has an 11% yield.
On Oct. 23, Stifel analyst Benjamin Nolan downgraded Star Bulk Carriers’ rating from Buy to Hold and lowered the price target from $30 to $21.
Price Action:
- Meta shares gained 2.6% to close at $593.28 during Tuesday's session.
- Delta Air Lines shares gained 3.5% to settle at $57.34 during Tuesday's session.
- Star Bulk Carriers shares gained 1.8% to close at $19.37 on Tuesday.
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