Stocks @ Night is your go-to daily newsletter, arriving after hours to give you a keen insight into tomorrow’s market landscape while recapping today’s vital movements. Subscribe for free to receive it straight to your inbox. On Wednesday, CNBC TV producers highlighted significant developments and what to watch for in Thursday’s trading session.
The stock market regained momentum on Wednesday, with both the S&P 500 and Nasdaq closing at new highs following declines earlier in the week. AMD made headlines, surging 43% in just three days, marking its strongest weekly performance since 2016, according to CNBC’s Nick Wells. Among the “Magnificent Seven,” Nvidia achieved another closing high, while Amazon enjoyed its best day in a month. Conversely, Fair Isaac struggled as the most significant laggard in the S&P 500, experiencing its worst day since late May.
The Federal Reserve’s latest minutes revealed a split among officials regarding interest rate cuts for the remainder of the year, with discussions focusing on whether there will be two or three reductions, including a quarter-point cut anticipated in September.
On the earnings front, Delta Air Lines is set to announce its quarterly results on Thursday morning. In July, the airline reinstated its profit outlook for 2025 and predicted a robust summer travel season, exceeding Wall Street’s projections. However, Delta’s stock price has dropped over 5% in 2023, risking a break from two consecutive years of double-digit gains. Among major carriers, United Airlines remains the only company with positive year-to-date performance, sitting at a 1% increase.
Don’t miss the exclusive interview with Delta CEO Ed Bastian on CNBC’s “Squawk Box” at 7 a.m. ET, where he will discuss the airline’s outlook.
PepsiCo is also on the earnings docket, with its quarterly results released before Thursday’s market open. Last quarter, PepsiCo anticipated a rebound in sluggish North American demand due to strategic initiatives. However, the company has seen its shares decline by 8.7% this year. CEO Ramon Laguarta will appear on CNBC at 10 a.m. ET for insights on the company’s performance.
Moreover, Levi Strauss is expected to report its earnings after the market closes. The company is poised for its seventh consecutive month of gains, a record-breaking streak. Year-to-date, Levi Strauss has risen over 42%, positioning it for its best annual performance yet.
In international news, CNBC’s Contessa Brewer will be broadcasting live from Macao, a city capitalizing on a global travel surge. Major operators such as Las Vegas Sands, Wynn Resorts, and MGM Resorts have seen their businesses flourish there. Wynn is leading the pack with a remarkable 40% gain in 2023, aiming for its strongest yearly performance since 2017.
Stay tuned for more insights and developments as the trading landscape evolves, ensuring you’re well-equipped for the market ahead.
Original Source: https://www.cnbc.com/2025/10/08/thursdays-big-stock-stories-whats-likely-to-move-the-market-in-the-next-trading-session.html
Category :
Tags:
Publish Date: 2025-10-09 04:00:00
