U.S. stock futures point higher after markets plunged yesterday on recession worries; airline stocks decline sharply after Delta Air Lines (DAL) cut its sales and earnings guidance; Oracle (ORCL) stock dips after it missed quarterly sales estimates; Tesla (TSLA) CEO Elon Musk says he runs his businesses "with great difficulty" amid his DOGE work for the U.S. government; and Southwest Airlines (LUV) will start charging for checked bags for the first time amid Elliott Inves🌊tment Management pressure. Here's what investors need to know today. 

1. US Stocks Point Higher After Sharp S🅰elloff Monday

U.S. stock futures are pointing higher after 澳洲幸运5官方开奖结果体彩网:indexes plunged yesterday over tariffs and economic uncertainty. Nasdaq futures are 0.6% higher following a 4% drop in the prior session, its biggest one-day loss since September 2022 while 澳洲幸运5官方开奖结果体彩网:S&P 500 and 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average futures are up 0.5% and 0.4%, respectively. Bitcoin (BTCUSD) is higher, tradi꧙ng near $82,000. The 10-year Treasury yield is little changed at around 4.2%. Oil and gold futures are higher.

๊ 2. US Airline Stocks Tumble After Delta, Others Lower Outlook

U.S. airline stocks are dropping in premarket trading after Delta Air Lines (DAL) 澳洲幸运5官方开奖结果体彩网:cut its sales and profit guidance for the first quarter Monday, citing economic "uncertainty" that has hit travel demand. American Airlines (AAL) and Southwest Airlines (LUV), in turn, lowered their outlooks early Tuesday. Delta shares are tumbling 7% in premarket trading, United Airlines (UAL) is d🗹own 5%, and American is falling 4%. Southwest shares are up 7% after it announced it ꦇwill be charging for checked bags for the first time (see below).

3. Oracle Stock Slipꦅs on Weaker-Than-ℱExpected Q3 Results

Oracle (ORCL) shares are 1% lower in premarket trading after the tech giant reported quarterly sales that were 澳洲幸运5官方开奖结果体彩网:lower than analysts’ estimates, despite an optimistic outlook over 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI). Oracle posted third-quarter adjusted EPS of $1.47 on revenue that climbed 6% year-over-year to $14.1 billion, both below the analyst consensus compiled by Visible Alpha. However, CEO Safra Catz said revenue is expected to grow 15% in the upcoming fiscal year and highlighted cloud agreements with AI leaders including Nvidia (NVDA), Meta (META), OpenAI, and xAI.

4. Musk Cites 'Difficulty' Running Businesses Amid DOGE Work

Tesla (TSLA) CEO Elon Musk said in a Fox Business interview that he was running his other businesses "with great difficulty" over his work with the cost-cutting Department of Government Efficiency (DOGE). Tesla's stock has 澳洲幸运5官方开奖结果体彩网:fallen more than 55% from its December record high amid investor concerns about potential fallout from Musk's extensive involvement in the Trump administration and weak sales figures. In an X post, Musk dismissed worries over the stock's decline, writing that it "will be fine long-term." Tesla shares are near🌄ly 3% higher in premarket trading aft𝕴er sinking 15% yesterday.

5. Southw📖est Stock Surges on Plan to Charge f✨or Checked Bags

Southwest Airlines (LUV) shares are jumping around 7% in premarket trading after the airline announced that it would end its longstanding policy of not charging fees on checked baggage. The announcement comes as Southwest also lowered its first-quarter revenue projection in a regulatory filing Tuesday morning, following other airlines in cutting their outlooks amid weakening demand. Southwest has been under pressure from 澳洲幸运5官方开奖结果体彩网:activist investor Elliott Investment Management to improve its balance sheet, which included 澳洲幸运5官方开奖结果体彩网:announcing the first mass layoffs in the company's 53-year history.