Delta AirLines see strong demand for international travel during the fourth quarter of 2023. However, rising fuel costs can eat into the company’s profits. In their latest update, Delta Air Lines (NYSE: DAL) reported that their profits jumped by a staggering 60% during the third quarter (Q3 2023) as the travel demand remained strong during the summer. This was particularly true for international trips, said the airline operator. However, Delta Air Lines noted that the full-year earnings...
Read More »Delta Air Lines Reports Mixed Q1 2023 Results, DAL Shares Up 2% in Premarket
During the first three months of the year, Delta Air Lines reported adjusted operating revenue of $11.8 billion whereas analysts expected $11.99 billion. One of the oldest and busiest American airlines Delta Air Lines Inc (NYSE: DAL), has reported its financial results for the first three months of 2023 (Q1 2023) today. According to the announcement, Delta Air Lines posted a wider-than-estimated loss for the first quarter but forecast revenue growth and profits during the second quarter of...
Read More »Alphabet (GOOGL) Stock Down 4% as Dow Jones Lost More than 1,000 Points
Dow Jones started the day with losing 1,058 points, or 4.7%. The S&P 500 was down 4% and the Nasdaq was 3.87% lower. Alphabet (GOOGL) stock is in the red as well.Friday’s trading started with Wall Street in red, with tech stocks going south. For instance, Alphabet Inc (NASDAQ: GOOGL) stock started the trading session at $1,127.47. At the moment of writing, Alphabet stock makes up $1,120.00 per share. It means that now GOOGL stock is falling nearly 4% if compared with the previous...
Read More »Bitcoin Price Down 12% Since New Year to Date, While S&P 500 Down 28.5%
Bitcoin price is down 12.5%, S&P 500, Nasdaq indexes as well as companies like Berkhire Hathway has also lost significantly since the beginning of the year. Oil war adds fire to the financial crash party.Since the year beginning, the halving hype was striking the news. Many of the industry experts issued predictions of a sharp price increase. However, even despite the halving that will make Bitcoin more scarce, coronavirus is drowning the markets. Bitcoin has gained a lot, yet lost -12.5%...
Read More »United Airlines (UAL) Stock Jumped Over 25% Today, Will It Take Off after Coronavirus?
United Airlines (UAL) stock is said to have good chances to rise after the COVID-19 situation is over. Today it is fully in the green.United Airlines Holdings Inc (NASDAQ: UAL) stock may take off after COVID-19. This is what prominent investment analyst Luke Lango thinks. Sources report that the Caltech graduate said that that UAL is the best of the lot.While some people blame cryptocurrencies for their volatility, stocks are not netter at all in this context these days. UAL stock price...
Read More »Trump’s Travel Ban Imposed Because of Coronavirus Crashes Most European Airlines Stocks
After the emergency travel ban that was imposed by President Donald Trump on most European countries, the airlines stocks have plunged nearly 10%-15%.Following a directive by Donald Trump to halt all air travel from a dozen countries in Europe for the next 30 days, airline stocks fell drastically by nearly 10%. The travel ban affects, first of all, the European market. Deutsche Lufthansa AG (ETR: LHA) was trading 10% lower, wiping out all the profit gains made this year. Air France-KLM SA...
Read More »Airline Stocks Take the Hardest Hit Due to Coronavirus
Global airlines stand to lose $113 billion in sales if the coronavirus continues to spread, according to the International Air Transport Association. The airline stocks have been also seriously hit.Amid the coronavirus spread, except cruise-liner stocks that were affected the most, the second one on the hit is the airline sector.Shares of American Airlines Group Inc (NASDAQ: AAL) are continuously falling a few days in a row now. At the time of writing, the stock was falling 6.17% to $15.05 in...
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