Delta (DAL) soars 7% after beating earnings by 18 cents as sales rose 6.4% year over year to $16.67 billion. Premium travel revenue continued to outshine coach class. Revenue from the high-end segment, which includes first class and roomier economy seats, increased 9% in the third quarter to nearly $5.8 billion, while main cabin revenue fell 4% to about $6 billion. Domestic unit revenue grew. Delta forecasts a strong 2026 with improving margins.

Ferrari (RACE) engines not revving. The Italian sports car maker is down over 10% after providing lackluster guidance overshadowing the release of their first fully electric car. Ferrari expects earnings to be good for the rest of 2025, but weaker sales guidance for the rest of the decade. Profits should remain strong due to limited-edition models, and personalization cars. Electric cars will make up just 20% of their sports car model lineup, down from forecasts of 40%. Ferrari said that it plans to launch an average of four new cars a year between 2026 and 2030. In 2027, it will open new “Tailor Made” hubs in Tokyo and Los Angeles, to help more customers to personalize their cars.

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