Southwest Airlines Co
Megacaps lead a major week of earnings as traders seek clarity on the state of the bull market
The Magnificent Seven companies reporting in the week ahead could unlock the next leg of the rally, as investors bet that earnings growth fueled by artificial intelligence could power a market some worry has gone to excess. The Federal Reserve will also hold its January meeting, with key inflation data coming Friday. Four out of […]
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Airlines flex pricing power, signaling higher fares in 2025
Travelers walk through O’Hare International Airport in Chicago, Illinois, on December 20, 2024 ahead of the upcoming Christmas holiday. Kamil Krzaczynski | AFP | Getty Images Higher airfare is in store this year as strong demand, even during the dead of winter, and limited capacity growth prompt airlines to flex their pricing power. Fare-tracking platform […]
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These names reporting next week could see big earnings blow-ups, Wolfe Research says
Some companies reporting earnings next week could be major disappointments, according to Wolfe Research. About 90 S & P 500 companies, including eight Dow Jones Industrial Average members, are slated to post their latest quarterly figures. Headliners include four stocks out of the “Magnificent Seven” — including Meta Platforms — alongside others such as Intel […]
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Stocks making the biggest moves midday: UnitedHealth, First Solar, Morgan Stanley, Taiwan Semiconductor and more
Check out the companies making headlines in midday trading. Netflix — The streamer added 1% on the back of Seaport’s upgrade to buy from neutral. The firm put out its call ahead of the company’s earnings report next week. UnitedHealth Group — The stock shed more than 4% after UnitedHealth’s fourth-quarter revenue missed analysts’ expectations. […]
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Stocks making the biggest moves premarket: UnitedHealth, Morgan Stanley, Target, Southwest & more
Check out the companies making headlines in premarket trading. UnitedHealth Group – Shares dropped more than 3% after the company’s fourth-quarter revenue came in below Wall Street’s expectations. UnitedHealth posted $100.81 billion for the top line, while analysts surveyed by LSEG were expecting $101.76 billion. Earnings, however, beat the Street’s estimates. Morgan Stanley — The […]
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DOT sues Southwest, fines Frontier for ‘chronically delayed flights’
A Southwest Airlines Boeing 737 departs Los Angeles International Airport en route to Las Vegas on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty Images The Department of Transportation on Wednesday sued Southwest Airlines, alleging the carrier operated chronically delayed flights, and fined Frontier Airlines for late-arriving flights. The lawsuit follows a […]
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Southwest Airlines pauses corporate hiring, most summer internships to cut costs
A Southwest Airlines Boeing 737 passenger plane taxis along the tarmac at the Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on December 13, 2024. Daniel Slim | Afp | Getty Images Southwest Airlines is pausing corporate hiring and promotions, suspending most of its summer internships and going without some employee team-building events that […]
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Airlines extend travel waivers due to LA wildfires
In this aerial view taken from a helicopter, burned homes are seen during the Palisades fire in the Malibu area of Los Angeles county, California on January 9, 2025. Josh Edelson | Afp | Getty Images Airlines have extended travel waivers for Los Angeles airports as wildfires continue to burn in the area. American Airlines, […]
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Airlines cancel more than 2,000 U.S. flights amid storm, Delta slide-evacuation at Atlanta
Snow blankets the Hartsfield-Jackson Atlanta International Airport as a winter storm moves into the area on Jan. 10, 2025 in Atlanta, Georgia. Joe Raedle | Getty Images Airlines canceled more than 2,000 flights on Friday as a massive winter storm snarled travel across the Southern U.S., while more than 2,000 others were delayed. Operations were […]
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Aviation industry faces a slew of challenges — ‘problems that will take years’ to resolve
The aviation industry is bracing for another year of difficulties, as delivery delays at Boeing and supply chain problems are set to continue into 2025, say aviation consultants. Sunday marked one year since a door panel blew off a Boeing 737 Max 9 operated by Alaska Airlines, an event that reignited a firestorm of questions […]
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