Delta Air Lines Inc
Royal Caribbean leans into shorter cruises, more experiences to capture travel demand
With consumers getting more selective on how and where they vacation, cruise lines are fighting for Americans’ tourist budgets. Royal Caribbean thinks shortening trips and packing the days with activities and exclusive opportunities will keep customers hooked. “I think we are an experience-driven mindset,” Royal Caribbean CEO Jason Liberty told CNBC’s “Squawk on the Street” […]
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CNBC Day by day Open: S&P retreats, yen surges, Tesla sinks
Traders do the job on the floor of the New York Stock Exchange. NYSE This report is from present day CNBC Every day Open up, our intercontinental markets e-newsletter. CNBC Every day Open up brings investors up to velocity on almost everything they will need to know, no matter in which they are. Like what […]
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CNBC Daily Open: S&P retreats, yen surges, Tesla sinks
Traders work on the floor at the New York Stock Exchange on Oct. 27, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You […]
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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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