Nurphoto | Nurphoto | Getty Images Delta Air Lines achieved record-breaking revenue and earnings in its latest quarter, thanks to an unexpectedly strong demand for travel that has defied concerns of an economic slowdown. Outstanding international travel and a significant increase in demand for premium seats, such as first class, were key contributors to Delta’s …
A pedestrian walks by a Domino’s Pizza restaurant in San Francisco, Feb. 23, 2023. Justin Sullivan | Getty Images News | Getty Images Discover the companies making significant strides in the midday market. Domino’s Pizza — Dominos’ stock surged by 11.09% following the announcement that U.S. consumers can now order their products through Uber’s Uber …
The Senate Banking Committee has given its approval to President Joe Biden’s nominations for the Federal Reserve Board of Governors. This paves the way for a vote in the full Senate later this year. One of the approved nominees is Philip Jefferson, who is nominated for the position of vice chair of the Federal Reserve. …
Packages of Beyond Meat Inc.’s plant-based products, Beyond Burger and Beyond Sausage, are displayed at a supermarket in Katwijk, Netherlands, Nov. 19, 2020. Yuriko Nakao | Getty Images Discover the companies generating buzz in premarket trading. Roku — The leading streaming provider experienced a 2% increase prior to market opening. Recently, the company forged a …
In June, inflation reached its lowest annual rate in over two years. This decline can be attributed to a slowdown in costs and comparatively lower price increases compared to the past four decades. Consumer price index recorded a 3% increase from the previous year, marking the lowest level since March 2021. On a monthly basis, …
Warren Buffett pictured before the Berkshire Hathaway Annual Shareholder’s Meeting in Omaha, NE. David A. Grogan | CNBC Berkshire Hathaway Energy has reached an agreement to acquire a 50% stake in the Cove Point liquefied natural gas facility for $3.3 billion in cash. Warren Buffett’s prominent energy and utility division purchased the stake from Dominion …
Rafael Henrique | Lightrocket | Getty Images Take a look at these companies making waves in midday trading. Shutterstock— Shares of the stock image, video, and music provider surged 9% after Shutterstock revealed a six-year extended partnership with OpenAI, the creator of ChatGPT. Newell Brands— Shares of the consumer goods company rose over 11% after …
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is actively involved in both the public and private markets in the United States. Unlike other US funds, PIF is not required to disclose its holdings in these markets. However, during the recent PGA-LIV merger hearings, a previously undisclosed list of PIF’s top public equity …
A man walks past an ATM outside Bank of America Corp. headquarters in Charlotte, North Carolina, May 2, 2016. Chris Keane | Bloomberg | Getty Images Bank of America , the second-largest U.S. bank by assets, has been accused of engaging in deceptive practices that have negatively affected hundreds of thousands of its customers, according …
On its final approach to land at New York John F. Kennedy International Airport, a JetBlue Airways Airbus A320-200 aircraft is captured by Nicola Economou from NurPhoto. Here are some notable stock movements in premarket trading: JetBlue Airways lost almost 2% as Evercore ISI downgraded the airline to underweight due to concerns about its balance …