American Express (AXP)

U.S. stock futures were positive on Friday after ending higher on Thursday. Futures of major benchmark indices were higher.

The Oracle of Omaha is a big believer in concentrating Berkshire Hathaway's capital in his best ideas.

The S&P 500 Index hit new intraday (6,304.69) and closing highs (6,297.36), while the Nasdaq Composite ended at a fresh peak for a fourth straight session.

The Russell 2000 (^RUT) is packed with potential breakout stocks, thanks to its focus on smaller companies with high growth potential. However, smaller size also means these businesses often lack the resilience and financial flexibility of large-cap firms, making careful selection crucial.

Delta’s second quarter results were well received by the market, with management attributing the performance to resilient demand in premium cabins, effective capacity management, and robust non-ticket revenue streams. CEO Ed Bastian cited the airline’s ability to “generate strong earnings and free cash flow” in a stabilized demand environment, underscoring the importance of premium offerings and loyalty partnerships. President Glen Hauenstein highlighted continued growth in premium revenue and loyalty engagement, with American Express co-brand card spending up double digits. Supply adjustments, especially reductions in main cabin and off-peak flights, helped offset pockets of demand softness, while operational reliability remained a focus despite weather challenges.

Stocks closed the week ended July 11 on a down note despite the S&P 500 Index and the Nasdaq Composite hitting new highs on Thursday before easing off those levels.

Delta Air Lines (NYSE: DAL) reports strong Q2 results and reinstates full-year 2025 guidance. High-margin revenue streams drive growth. BofA analyst raises price forecast. Analysts anticipate strong free cash flow and debt reduction.

U.S. payment processors are shifting towards faster, secure digital payments due to real-time payment growth and digital wallet adoption.

Jim Cramer recommends buying SoFi Technologies and American Express, while waiting for a pullback in Lincoln Electric shares. FICO also looks promising.

The company is expanding its offerings with tie-ups with retailers and mortgage service providers.

Global airline Delta Air Lines (NYSE:DAL) reported Q2 CY2025 results exceeding the market’s revenue expectations, but sales were flat year on year at $16.65 billion. Guidance for next quarter’s revenue was better than expected at $15.99 billion at the midpoint, 1.9% above analysts’ estimates. Its GAAP profit of $3.27 per share was 57% above analysts’ consensus estimates.

Delta Air Lines (NYSE: DAL) reported strong Q2 results, with revenue of $16.65B and adjusted EPS of $2.10. Full-year 2025 guidance reinstated.

Delta's President Glen Hauenstein said the company expects revenue trends to improve through the second half of the year after it forecast third-quarter profit above Wall Street expectations.