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Keurig Dr Pepper Rises, Southwest Air Falls, Texas Instruments Soars After Data Center Demand Buoys Sales
Published 1 week, 2 days ago
Description
On this episode of Stock Movers:
Keurig Dr Pepper (KDP) shares slightly higher after the company’s quarterly revenue and earnings beat expectations due to strong sales of cold beverages and in international markets.
Southwest Air (LUV) shares dip after the carrier’s adjusted quarterly profit and revenue missed the average analyst expectations. Its report, coming shortly after United Airlines slashed its full-year profit forecast, shows the impact on global carriers from higher fuel prices caused by the Middle East war.
Texas Instruments (TXN) shares soars after the chipmaker gave a surprisingly strong forecast, helped by booming spending on data centers and industrial equipment.
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