Tesla, Nvidia, Oracle, Delta, Southwest: Stocks to watch today

Quartz
03-11
Photo: Christian Marquardt (Getty Images)

The S&P 500, Nasdaq Composite and Dow Jones indexes were little changed in early trading Tuesday, a day after Monday’s market plunge.

Tesla (TSLA) gained about 3.8% after Monday’s 15% plummet, as President Donald Trump said he’d buy one of the company’s cars to help out Elon Musk. Nvidia (NVDA) advanced while Apple (AAPL) fell and Google (GOOGL) was little changed.

U.S. job openings numbers are due at 10 a.m., with consensus for 7.6 million, the same as in December. Trump is scheduled to meet with the Business Roundtable later on Tuesday.

These stocks may be active today:

Bank of America

Bank of America (BAC) has eliminated some investment banking roles, Reuters reported. The stock gained 0.5%

Delta Air Lines

Delta Air Lines (DAL) shares fell 4.3% after the carrier cut its first-quarter profit and sales forecasts on weaker domestic travel demand. It retained its full-year outlook. Expedia (EXPE), Hilton (HLT) and Airbnb (ABNB) shares also declined.

Dick’s Sporting Goods

Dick’s Sporting goods fell 0.6% after a disappointing earnings projection outweighed better-than-expected fiscal fourth-quarter results, Barron’s reported.

Oracle

Oracle (ORCL) dropped 5.3% after its fiscal third-quarter earnings fell short of analysts’ expectations. Company leaders instead focused on what CTO Larry Ellison called “hypergrowth” in its cloud and AI projects, saying they expect double-digit growth to continue.

Southwest Airlines

Southwest Airlines (LUV) stock jumped about 9% after the carrier said it’ll abandon its free-bags policy for most passengers, which analysts said will boost revenue but may harm customer loyalty.

Viking Holdings

Viking Holdings fell about 5.5% after reporting earnings. The company said it sees no sign of travel demand abating, with record-breaking bookings for its luxury river cruises, Bloomberg reported.

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