Delta Air Lines Inc
Airlines bank even more on splurging vacationers as clouds form on economy
A view from the Delta Sky Club at Los Angeles International Airport, Sept. 2, 2022. AaronP | Bauer-Griffin | GC Images | Getty Images Airlines have a bird’s eye view of the economy, and CEOs are seeing clouds. Delta Air Lines and Frontier Airlines pulled their 2025 outlooks last week, calling out a murky U.S. […]
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Earnings season ramps up next week with no certainty for Wall Street on trade
The roller-coaster ride the stock market has been on is unlikely to end next week, with earnings ramping up in an environment where investors, companies and consumers have absolutely no certainty as to what will happen next with trade. Wall Street is about to wrap up one of its wildest weeks of trading ever, that […]
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Jamie Dimon says he expects S&P 500 earnings estimates to fall as companies pull guidance
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, D.C. Evelyn Hockstein | Reuters JPMorgan Chase CEO Jamie Dimon said Friday that he expects estimates for corporate earnings to fall amid the […]
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Frontier Airlines cuts flights after travel demand fell in March
Frontier Airlines Nurphoto | Nurphoto | Getty Images Frontier Airlines joined Delta Air Lines in pulling its full-year outlook and cutting flights due to a drop in demand and an “uncertain environment.” The budget airline also cut its first-quarter outlook. Frontier said its revenue growth likely rose 5% in the first quarter, with capacity up […]
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Stocks making the biggest moves premarket: Tesla, Stellantis, U.S. Steel, CarMax, Delta Air Lines and more
Check out the companies making headlines in premarket trading. CarMax — Shares of the used car retailer tumbled 7.7% on the heels of disappointing fiscal fourth-quarter earnings. CarMax recorded 58 cents in earnings per share, missing the consensus estimate of 65 cents earned per share from analysts polled by LSEG. U.S. Steel — Shares sank […]
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Stocks making the biggest moves midday: Apple, Tesla, AbbVie, Delta Air Lines and more
Check out the companies making headlines in midday trading: Apple — Shares rebounded more than 5% on Wednesday after several days of selling pressure on the iPhone maker. Apple manufactures much of its products in China, which has been a key worry for investors in recent days in light of President Donald Trump’s 104% tariff […]
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Delta says it largely sees business stalling amid tariff uncertainty
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk on the Street CNBC’s Phil LeBeau joins ‘Squawk on the Street’ to discuss how airlines are thinking about tariff uncertainty. 03:33 4 hours ago Source
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Walmart pulls quarterly operating income forecast, citing Trump’s tariffs
A Walmart Supercenter in Burbank, California, on Nov. 21, 2024. Allen J. Schaben | Los Angeles Times | Getty Images DALLAS, Texas — Walmart on Wednesday pulled its outlook for operating income in the first quarter, citing uncertainty about the potential impact of sweeping tariffs on China, Vietnam and other key sources of goods across […]
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Delta CEO says Trump’s trade war is hurting bookings as airline axes 2025 flight growth plans
Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington. Kent Nishimura | Getty Images Delta Air Lines won’t expand flying in the second half of the year because of disappointing bookings amid President Donald Trump’s shifting trade policies, which CEO Ed Bastian called “the wrong approach.” […]
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10 beaten-up stocks that are candidates for a rebound — but all are not created equal
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks are struggling to hold onto gains Tuesday with the market well off its highest levels of the session. Deeply oversold conditions combined with some […]
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