Closing Bell: Delta Rises, AMD Surges, Paramount Skydance Drops
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Scarlet Fu, Tim Stenovec and Carol Massar.
On this episode of Stock Movers:
- Delta Air Lines (DAL) said mandated flight cuts that snarled US air travel caused a significant financial impact, though the carrier expects a return to normal during the typically bustling Thanksgiving holiday if the government shutdown ends this week.
- AMD (AMD) shares rise after the company said annual revenue growth will average more than 35% over the next three to five years. The total AI chip market, including accelerators, processors and networking products, will reach $1 trillion by 2030, AMD CEO Lisa Su said.
- Paramount-Skydance (PSKY) shares are down after Democratic Reps. Jamie Raskin and Frank Pallone Jr. write to Paramount Skydance CEO David Ellison asking that the company comply with an investigation into the Paramount-Skydance merger.
See omnystudio.com/listener for privacy information.
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