International Data, Airlines: DAL, LUV, Retail: NKE, PTON, & Earnings: COUP

Shawn Cruz weighs in on some of the economic data from Germany that could indicate stagflation. Next, he weighs in on Delta Airlines (DAL) raising revenue outlook to about 78% recovered versus 2019. The Delta Airlines (DAL) stock price is trading higher so far today. How does DAL compare to AAL, LUV, and UAL? On the other hand, Southwest Airlines (LUV) sees second quarter capacity down 7% versus 2019. In terms of retail, Bernstein has initiated both Nike (NKE) and Peloton (PTON) stocks with overweight ratings. The analyst stated that Nike’s market position is better than ever and will continue to remain at the top in China. Additionally, the analyst is bullish on Peloton after the company hired a new CEO and began implementing a new supply chain strategy. Finally, Cruz discusses the Coupa Software (COUP) earnings report that indicated $0.19 in EPS and $193.3M in revenue, beating estimates.