Strong Demand and Pricing Power Help Delta Offset Record Fuel Costs in Q2
Delta’s premium segment drove Q2 growth as cabin revenue exceeded main cabin. Strong pricing power helped offset historic fuel costs while beating EPS forecasts.
Delta’s premium segment drove Q2 growth as cabin revenue exceeded main cabin. Strong pricing power helped offset historic fuel costs while beating EPS forecasts.
High gas prices cut snack buying. PepsiCo still grew, helped by global sales, but U.S. demand slowed and shares fell.
However, shares dropped as the midpoint of the new adjusted EPS guidance came in slightly below Wall Street’s expectations.
DigitalOcean secures 20 MW additional data center capacity, bringing total committed to 155 MW.
Investors fear the AI rally may be peaking.
General Mills topped Wall Street forecasts in Q4 with higher pricing and steady demand. Adjusted EPS hit 95 cents vs 80 cents expected.