Oil prices retreated below $90 a barrel Wednesday morning as markets seemed to conclude that a near-term opening of the Strait of Hormuz is very likely. Despite a flare-up in tensions over the prior 24 hours as the U.S. targeted small Iranian boats and missile sites, Iranian television helped place the focus on a peace deal, broadcasting terms of a 14-point framework. While the S&P 500 only managed a slight gain on Wednesday morning, airlines and cruise line stocks jumped, led by United Airlines, Norwegian Cruise Line, Carnival and Delta Air Lines.
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American Airlines (AAL) is set to install SpaceX's (SPAX.PVT) Starlink on 500 of its aircraft in 2027. Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down the details above.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.05%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.15%. June E-mini S&P futures (ESM26 ) are down -0.05%, and June E-mini Nasdaq futures...
Delta Air Lines recently expanded its trans-Atlantic schedule for November 2026 international football matches, added extra Madrid and Munich flights, extended its Atlanta–Tel Aviv suspension to November 2026, and was highlighted by analysts for relatively better fuel cost insulation amid strong sector sentiment. At the same time, Delta’s top-tier placement in U.S. Airline Rankings and routine insider stock sales underscore a business balancing robust customer demand, operational...
Asian shares were mostly higher on Wednesday and oil prices fell after the U.S. stock market rose to more records. It topped 66,000 for the first time in intraday trading. Computer chip equipment maker Tokyo Electron's shares jumped 5.9% and testing equipment maker Advantest gained 5.7%.
A number of stocks jumped in the afternoon session after WTI crude crashed 4.7% to $92.94 on Iran-US peace deal progress, providing direct relief to airlines, hotels, cruise lines, and online travel agents.
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.61%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.76%. June E-mini S&P futures (ESM26 ) rose +0.61%, and June E-mini Nasdaq futures...
UBS analysts forecast U.S. airline earnings could grow by about 50% on average next year due to higher airfares and falling fuel prices.
GE Aerospace is seeing strong engine demand and defense contract wins that continue to fuel order momentum.
The S&P 500 Index ($SPX ) (SPY ) today is up +0.81%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.74%. June E-mini S&P futures (ESM26 ) are up +0.77%, and June E-mini Nasdaq futures...
There’s been a lot of shakeup in the airline industry in recent months. First, Southwest Airlines changed its long-standing open seating policy, much to passenger chagrin. Then, budget airline Spirit abruptly shuttered after 34 years in business. Now, a new airline has emerged as a customer ...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.72%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.42%. June E-mini S&P futures (ESM26 ) are up +0.62%, and June E-mini Nasdaq futures...
Berkshire Hathaway's first 13F under Greg Abel shows 16 exited positions and a record $397 billion cash pile. What can we learn from the positions he closed?
Global oil and jet fuel prices have seen their first major drop in months since the start of the war with Iran, and almost every major airline is adjusting its flying schedules well past the summer in response to widespread uncertainty across the Middle East. German national airline Lufthansa ...
The airline is trying to shore up operations as it heads into the busy summer travel season, when problems can snowball into meltdowns.
Quarterly filings reveal how each platform navigates travel’s off-peak slumps and peak surges, with margins and partnerships shaping the competitive landscape.
For decades, Berkshire Hathaway’s quarterly stock filings have been treated like a roadmap into Warren Buffett’s thinking. However, the latest one feels very special. Berkshire Hathaway (BRK.A) (BRK.B) unveiled a wide-ranging portfolio overhaul in its latest 13F filing, adding a big new stake in ...
Berkshire dumped many longtime holdings, but last quarter loaded up on a former favorite.
Surging prices are prompting budget-conscious travelers to second-guess vacation plans while airlines dangle new perks for luxury customers.
Two billionaire investors are making opposite airline bets. While Berkshire is buying Delta, let’s take a closer look at why Appaloosa dumped American and United Airlines stocks.
Delta Air Lines, Inc. (NYSE:DAL) is one of the best airline stocks to buy according to Reddit. Delta Air Lines, Inc. (NYSE:DAL) announced on May 13 the expansion of its trans-Atlantic schedule this fall, with the addition of special flights to Madrid and Munich for two major international professional football games taking place in November. […]
Delta Air Lines extended the suspension of its Atlanta to Tel Aviv service until November 2026. The route remains offline due to ongoing security concerns in the Middle East. The decision affects a long haul corridor that previously linked Delta's main hub with Israel. For investors watching NYSE:DAL, this route decision comes as the stock trades around $76.14, with a 1 year return of 60.8% and a 3 year return of 119.2%. The stock is also up 8.4% over the past week and 11.3% over the past...
Macy's and Delta Airlines in the Berkshire portfolio? It's truly an end of an era.
Abel sees opportunity amid industry headwinds.
Shares of global airline Delta Air Lines (NYSE:DAL) jumped 8.2% in the afternoon session after a regulatory filing revealed that Warren Buffett's Berkshire Hathaway built a stake worth more than $2.6 billion in the airline.
Delta Air Lines (DAL) concluded the recent trading session at $75.63, signifying a +2.04% move from its prior day's close.
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.20%. June E-mini S&P futures (ESM26 ) rose +0.18%, and June E-mini Nasdaq futures...
A new report finds that on-time flight arrivals are at their worst level since 2014, with fuel costs and weather adding to summer travel risks.
College and university graduation speeches often reflect the mood of society and the institutions themselves. It isn’t surprising, then, that business leaders speaking at commencements are bumping into some AI agita. Eric Schmidt, former CEO of Google, was booed at the University of Arizona for extolling artificial intelligence, as was a real estate executive at the University of Central Florida.