Delta (DAL) stock rises 3.6% after upgrading Q1 revenue outlook to high-single-digit growth, defying a 50%+ surge in jet fuel prices from Middle East conflict.
Sony (SONY) stock declined after Bernstein downgraded to Market Perform, cutting price target to $22 on concerns over rising memory costs impacting PS5 margins.
Oil prices surge above $104 as Iran continues attacking Middle East energy sites and the Strait of Hormuz remains blocked, threatening 20% of global supply.