Meta, Delta And A Global Shipping Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Kevin Simpson of Capital Wealth Planning said earnings of Meta Platforms, Inc. META are expected to be up 20%. The company has topped expectations in the past seven quarters, he added.

Wall Street expects Meta to report quarterly earnings at $5.25 per share on revenue of $40.29 billion after the closing bell today.

Jim Lebenthal of Cerity Partners named Delta Air Lines, Inc. DAL as his final trade.

Delta Air Lines recently filed a lawsuit against cybersecurity firm CrowdStrike Holdings Inc. CRWD in a Georgia state court, following a global outage in July that led to widespread flight cancellations.

The lawsuit, lodged in Fulton County Superior Court, claims that a software update from CrowdStrike was "catastrophic," causing more than 8.5 million Microsoft‘s Windows-based computers worldwide to crash.

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Jenny Van Leeuwen Harrington of Gilman Hill Asset Management, LLC said Star Bulk Carriers Corp. SBLK has an 11% yield.

On Oct. 23, Stifel analyst Benjamin Nolan downgraded Star Bulk Carriers’ rating from Buy to Hold and lowered the price target from $30 to $21.

Price Action:

• Meta shares gained 2.6% to close at $593.28 during Tuesday's session.
• Delta Air Lines shares gained 3.5% to settle at $57.34 during Tuesday's session.
• Star Bulk Carriers shares gained 1.8% to close at $19.37 on Tuesday.

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Image created using artificial intelligence via Midjourney.