Skip to content
Tech News
← Back to articles

Iran ceasefire, Delta earnings, the Navy's retail woes and more in Morning Squawk

read original more articles
Why This Matters

This morning's market rally highlights investor optimism amid geopolitical developments and economic shifts, while industry updates reveal airlines adjusting to rising fuel costs and tech leaders navigating legal and strategic challenges. These events underscore the ongoing adaptation within the tech and transportation sectors, impacting both industry players and consumers.

Key Takeaways

In this article @DJ.1

@LCO.1

@CL.1 Follow your favorite stocks CREATE FREE ACCOUNT

This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. Be sure not to miss these breathtaking photos captured by the crew of the Artemis II during their lunar flyby. Futures tied to the Dow Jones Industrial Average are up more than 1,300 points this morning after closing lower on Tuesday. Here are five key things investors need to know to start the trading day:

A television station broadcasts a news conference with US President Donald Trump on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, April 6, 2026. Michael Nagle | Bloomberg | Getty Images

2. Fuel efficiencies

A Delta Air Lines Airbus A330 airplane departs from Harry Reid International Airport en route to Atlanta on March 15, 2026 in Las Vegas, Nevada. Kevin Carter | Getty Images

Delta Air Lines is scaling back its capacity growth plans as it grapples with surging fuel costs, the carrier's CEO Ed Bastian said this morning. Delta beat Wall Street's top- and bottom-line estimates for the first quarter, but it forecast smaller-than-expected per-share earnings in the current period. Shares of the airline are up more than 12% following the report, extending gains the stock made following oil's overnight plunge. Delta joined several of its rivals yesterday in hiking checked bag fees as fuel costs weigh on the industry. Hours later, Southwest did the same, matching Delta's $10 increase.

3. Getting personal

Elon Musk looks on as US President Donald Trump speaks at the US-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, DC on November 19, 2025. (Photo by Brendan SMIALOWSKI / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images) Brendan Smialowski | Afp | Getty Images

... continue reading