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Berkshire Added Positions in Delta and Macy’s During Abel’s First Quarter as CEO
The Wall Street Journal83d agoneutral
Berkshire Added Positions in Delta and Macy’s During Abel’s First Quarter as CEO

Berkshire Hathaway took new positions in Delta Air Lines and Macy’s during its first quarter with Greg Abel as chief executive. The company also exited its positions in Amazon.com Domino’s Pizza, Mastercard Visa and UnitedHealth Group among others, during the March quarter. The exited holdings, all on the smaller side in Berkshire’s stock portfolio, might have been positions managed by former investment manager Todd Combs.

Delta Air Lines Tests Event Driven Trans Atlantic Capacity With Football Flights
Simply Wall St.83d agoneutral
Delta Air Lines Tests Event Driven Trans Atlantic Capacity With Football Flights

Delta Air Lines (NYSE:DAL) is adding special trans Atlantic flights tied to major football events. The company is increasing capacity on select routes to handle event driven international travel demand. These flights are positioned as temporary additions rather than routine schedule adjustments. For investors watching NYSE:DAL, this move sits alongside a share price of $71.55 and a 1 year return of 44.0%. Over 3 years the stock has returned 106.0%, and over 5 years 62.8%, which gives useful...

Stocks Slide as Inflation Fears Lift Bond Yields
Barchart83d agoneutral
Stocks Slide as Inflation Fears Lift Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is down -0.91%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.83%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.30%. June E-mini S&P futures (ESM26 ) are down -1.02%, and June E-mini Nasdaq futures...

Stocks Tumble on Inflation Jitters
Barchart83d agobearish
Stocks Tumble on Inflation Jitters

The S&P 500 Index ($SPX ) (SPY ) today is down -1.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.96%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.64%. June E-mini S&P futures (ESM26 ) are down -1.07%, and June E-mini Nasdaq futures...

Elon Musk Chimes In As Delta Picks Amazon Leo Over Starlink: They Wanted To Make It 'Painful, Difficult And Expensive'
Benzinga85d agoneutral
Elon Musk Chimes In As Delta Picks Amazon Leo Over Starlink: They Wanted To Make It 'Painful, Difficult And Expensive'

Elon Musk said Delta Air Lines Inc. (NYSE:DAL) passed on integrating SpaceX's Starlink internet because the carrier wanted passengers to use a branded login portal, while Starlink insisted on a seamless connection that works without one. Musk Says Delta Wanted A Portal Musk responded on X to a post by Tesla Inc. (NASDAQ:TSLA) investor Sawyer Merritt about Delta's decision, writing, "SpaceX requires that there be no annoying ‘portal' to use Starlink. Starlink WiFi must just work effortlessly ever

Another low-cost airline furloughs staff over fuel costs
TheStreet85d agoneutral
Another low-cost airline furloughs staff over fuel costs

With oil prices sitting at $100 per barrel for weeks over the war with Iran, airlines have been forced to make long-term decisions over what many initially hoped would be a temporary ebb. Airlines such as Delta, United, Virgin, Air France, Air Canada and Lufthansa have all had to axe multiple ...

ITC Probe Puts Joby Delta Partnership And US eVTOL Plans At Risk
Simply Wall St.86d agoneutral
ITC Probe Puts Joby Delta Partnership And US eVTOL Plans At Risk

Delta Air Lines has warned that a US International Trade Commission investigation into Joby Aviation could threaten their eVTOL partnership. The probe centers on Archer Aviation’s patent infringement allegations against Joby and could result in Joby’s aircraft being removed from the US market. The investigation introduces an additional layer of legal and regulatory risk for Joby Aviation’s commercialization plans. For investors tracking Joby Aviation (NYSE:JOBY), this ITC case lands at a...

Assessing Delta Air Lines (DAL) Valuation As Conflicting Fair Value Narratives Emerge
Simply Wall St.87d agoneutral
Assessing Delta Air Lines (DAL) Valuation As Conflicting Fair Value Narratives Emerge

Delta Air Lines (DAL) has drawn investor attention after recent share price moves, with the stock last closing at US$71.20. Readers are weighing this valuation against the company’s scale, profitability, and recent return profile. See our latest analysis for Delta Air Lines. Despite a recent 1-day share price return that fell 2.9%, Delta’s 1-month share price return of 4.98% and 1-year total shareholder return of 40.93% point to momentum that has cooled slightly after a strong multi year run...

Stocks Settle Higher on Strong Earnings
Barchart87d agoneutral
Stocks Settle Higher on Strong Earnings

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.29%. June E-mini S&P futures (ESM26 ) rose +0.18%, and June E-mini Nasdaq futures...

Bernstein Hikes Delta Air Lines Price Target to $88 on Better Fuel Insulation
24/7 Wall St.87d agoneutral
Bernstein Hikes Delta Air Lines Price Target to $88 on Better Fuel Insulation

Bernstein raised its price target on Delta Air Lines (NYSE:DAL) to $88 from $81, reiterating an Outperform rating on the carrier. The firm’s thesis centers on Delta’s superior “fuel insulation,” a structural edge that matters more as oil prices remain elevated. For prudent investors, the price target raise signals that Wall Street views Delta stock ... Bernstein Hikes Delta Air Lines Price Target to $88 on Better Fuel Insulation

Farewell, Ultra-Cheap Flights. What Spirit’s Demise Means for You—and Airline Stocks.
Barrons.com88d agoneutral
Farewell, Ultra-Cheap Flights. What Spirit’s Demise Means for You—and Airline Stocks.

Picture an excessively mobile middle-class family that does almost nothing but drive, traveling from New York City to Los Angeles and back again each week. Spirit Airlines recently succumbed. At the same time, the strongest airlines—including Delta Air Lines United Airlines Holdings and some of the rest now doing their best impressions of these two—could benefit from present turmoil and generate healthy stock returns for years.