Delta Air Lines Inc
Delta says the Olympics will cost it $100 million as travelers skip Paris
This picture taken in Paris on March 3, 2024, shows the silhouette of the Eiffel Tower and the city skyline with cloudy weather. Stefano Rellandini | Afp | Getty Images For more than 10,000 Olympic athletes, making it to Paris this summer is a dream come true. Thousands of potential tourists feel otherwise. Delta Air […]
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Stocks making the biggest moves midday: Delta Air Lines, SoundHound AI, WD-40, Tesla and more
Check out the companies making headlines in midday trading: Delta Air Lines — The stock fell almost 5% after the airline issued a sales growth forecast for the third quarter that came in below expectations. The company also reported an almost 30% decrease in net income for the second quarter compared to a year ago. […]
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S&P 500 falls from record as investors rotate out of 2024 tech winners: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on July 11, 2024 in New York City. Spencer Platt | Getty Images The S&P 500 retreated from a record as investors rotated out of the big technology winners of the year like Nvidia, Microsoft and Meta. The catalyst for the move was […]
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Stocks making the biggest moves premarket: Delta Air Lines, Costco Wholesale, Pfizer and more
Check out the companies making headlines before the bell. Delta Air Lines — Shares tumbled 9% after the airline issued a lower-than-expected sales growth forecast in the current quarter. Net income also fell 30% in the second quarter despite revenue reaching record highs. Costco Wholesale — Costco shares added nearly 3% after the wholesale club […]
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Delta Air Lines CEO Ed Bastian on Q2 results: Stellar performance across the board
CNBC’s Phil LeBeau and Delta Air Lines CEO Ed Bastian join ‘Squawk Box’ to break down the airline’s quarterly earnings results, revenue and seat mile miss, premium travel demand, and more. Source
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Delta shares tumble after outlook falls short of estimates despite strong summer travel demand
Nurphoto | Nurphoto | Getty Images Delta Air Lines on Thursday forecast record revenue for the third quarter thanks to booming summer travel demand, but its forecast fell short of analysts’ estimates as carriers discounted fares after expanding flights. Shares of Delta fell about 8% in premarket trading. Other U.S. airlines were also trading lower. […]
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Air travel demand is breaking records. Airline profits are not
Passengers pass through O’Hare airport in Chicago, July 3, 2024. Scott Olson | Getty Images Record summer air travel demand isn’t translating to record U.S. airline profits. Carriers will have to answer for that disconnect when they report quarterly results this month. Some airlines have forecast record demand, and in some cases, revenue. But higher […]
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Inventory futures open reduced as investors await inflation data, earnings this 7 days: Are living updates
Traders work on the floor of the New York Stock Trade. Michael M. Santiago | Getty Photos Stock futures edged lower Sunday night as investors await important inflation data for even further clues on the longevity of this year’s industry rally. Earnings from some major money giants and customer providers are also on the docket. S&P […]
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Inflation will be in target in the 7 days forward as shares attempt to maintain all-time highs
Some key inflation readings in the 7 days ahead could bolster the scenario for a September fascination charge reduce, as buyers deliberate how very long shares can sustain their rally to report highs. Immediately after a rocky begin to the year, a a short while ago bettering inflation image has traders hopeful the Federal Reserve […]
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Delta goes pasta-only for thousands of worldwide travelers just after ‘spoiled’ food items compelled a flight to divert
A Boeing 767 passenger plane of Delta Air Strains comes from Dublin at JFK International Airport in New York as the Manhattan skyline looms in the qualifications on Feb. 7, 2024. Charly Triballeau | Afp | Getty Photographs Delta Air Strains pulled some meal selections from dozens of intercontinental flights on Wednesday hours right after […]
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