Stocks to Watch: Levi Strauss, Delta Air Lines, Blue Owl -- WSJ

Dow Jones17:36

By WSJ staff

Levi Strauss $(LEVI)$: Shares jumped premarket after the apparel maker said its turnaround is working, and upgraded its guidance.

Blue Owl $(OWL)$: One of its biggest private-credit funds was downgraded by ratings firm Moody's because of investors asking to pull out a big share of their money. Shares rose premarket amid a global rally in most sectors but energy.

Shell (UK:SHEL, SHEL): The oil company warned of lower natural-gas production because of disruptions caused by the Middle East conflict, but expects a boost from higher oil prices. Its shares fell in line with energy stocks following cease-fire news that pushed oil prices dramatically lower.

Universal Music Group (NL:UMG): The record label acknowledged an unsolicited offer from Pershing Square and said its board has confidence in the company's strategy and its CEO. Shares rose in Amsterdam.

Delta Air Lines $(DAL)$: The carrier reports earnings before the bell.

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April 08, 2026 05:36 ET (09:36 GMT)

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