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Oil Prices Rise As U.S., Iran Play 'Game Of Chicken'; S&P 500 Futures Slip
Investor's Business Daily69d agobearish
Oil Prices Rise As U.S., Iran Play 'Game Of Chicken'; S&P 500 Futures Slip

Oil prices reversed much of Tuesday's decline as the U.S. and Iran dug in their heels in peace talks while renewed Persian Gulf attacks threatened a fragile ceasefire. With hopes for a resolution that would open the Strait of Hormuz once again dented, the clock is ticking to some near-term bad scenarios for both Iran and the global economy. After the S&P 500 scratched out a new record closing high on Wednesday, futures slipped early Thursday amid higher Treasury yields and a stronger U.S. dollar.

Micron’s Cheap Stock Valuation Seen as a Contrarian Warning Sign
Bloomberg69d agoneutral
Micron’s Cheap Stock Valuation Seen as a Contrarian Warning Sign

(Bloomberg) -- Micron Technology Inc. is the third-best performer in the S&P 500 Index this year and at the same time one of the least expensive stocks in the market. While that dichotomy looks bullish on the surface, it may be more of a warning sign than a green light for investors.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarEx-President Biden Sues to Stop DOJ Sharing Interview TapesTwo More Oil S

Don’t Expect United Airlines to Snap Up Smaller Carriers
The Wall Street Journal70d agoneutral
Don’t Expect United Airlines to Snap Up Smaller Carriers

United CEO Scott Kirby batted down speculation that his airline would buy JetBlue. United has a partnership with JetBlue that gives it access to slots at New York’s JFK International Airport, but Kirby said it was “mathematically impossible” for United to boost JetBlue’s margins enough for a merger to be worthwhile. “The last thing I’m going to do is buy a route network that loses money,” Kirby said Wednesday at an investor conference.

Bloomberg70d agobearish
US Airlines See Robust Demand Even as Consumer Confidence Falls

(Bloomberg) -- American Airlines Group Inc. said it continues to see strong demand for travel, even as surging jet fuel drives up ticket prices and consumer confidence in the US edges down. Rival United Airlines Holdings Inc. also said demand continued to be robust. Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadEx-President Biden Sues to S

Stocks Mixed Awaiting Fresh Iran News
Barchart70d agoneutral
Stocks Mixed Awaiting Fresh Iran News

The S&P 500 Index ($SPX ) (SPY ) today is down -0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.54%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.44%. June E-mini S&P futures (ESM26 ) are down -0.07%, and June E-mini Nasdaq futures...

Investing.com70d agobullish
Airline stocks rally as oil retreat eases fuel cost pressure

Oil is down 8% over the last week as reports circulated that Washington and Tehran were edging closer to an agreement that could reopen the Strait of Hormuz. That drop helped push the S&P 500 and Nasdaq to record closing highs on Tuesday, underscoring the inverse relationship between crude prices and risk assets that has defined markets since the conflict began.

Oil Prices Slide On U.S.-Iran Peace Signals; Airline Stocks Take Off
Investor's Business Daily70d agobearish
Oil Prices Slide On U.S.-Iran Peace Signals; Airline Stocks Take Off

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.

Zscaler, Marvell, and Other Stocks That Explain the Market Today
Barrons.com70d agoneutral
Zscaler, Marvell, and Other Stocks That Explain the Market Today

The tech rally looked to be losing some momentum Wednesday ahead of with earnings from artificial-intelligence hardware supplier Marvell Technology after the closing bell. Oil prices, meanwhile, continued to decline after Iran’s Revolutionary Guard Corps said the possibility of a return to war with the U.S. was “low.” Optimism around the U.S. and Iran reaching a peace agreement, despite ongoing hostilities, appeared to be growing.

Stocks Jump on US-Iran Peace Optimism
Barchart71d agobullish
Stocks Jump on US-Iran Peace Optimism

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...

A Look At United Airlines (UAL) Valuation As Shares Trade Near US$100 After Recent Momentum
Simply Wall St.71d agoneutral
A Look At United Airlines (UAL) Valuation As Shares Trade Near US$100 After Recent Momentum

United Airlines Holdings (UAL) stock has drawn fresh attention after recent trading, with shares closing at US$99.96. Investors are weighing this price in relation to the company’s current fundamentals and recent return pattern. See our latest analysis for United Airlines Holdings. That recent move to US$99.96 comes after a 12.16% 7 day share price return and a 7.48% 30 day share price return, even though the share price is down 11.44% over 90 days. The 1 year total shareholder return of...

Is United Airlines Holdings (UAL) One of the Best Airline Stocks to Buy According to Reddit?
Insider Monkey74d agobullish
Is United Airlines Holdings (UAL) One of the Best Airline Stocks to Buy According to Reddit?

United Airlines Holdings, Inc. (NASDAQ:UAL) is one of the best airline stocks to buy according to Reddit. United Airlines Holdings, Inc. (NASDAQ:UAL) announced on May 14 the expansion of its service offerings to Japan, with new flights to Sapporo and Tokyo-Narita this winter. The airline stated that it will launch the first nonstop service from […]