Tag: Breaking News: Markets
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Airline profits set to halve this year as fuel costs jump by $100 billion: IATA
“The big unknown is how long travelers and shippers can tolerate the higher costs,” IATA’s Willie Walsh said.
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Bidding war erupts for world’s oldest bank as Italy’s Intesa gatecrashes BPM offer
Intesa on Monday announced an unsolicited offer of $35.3 billion, hoping to usurp its rival and create Europe’s second-biggest bank by market capitalization.
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Foreign investors have dumped billions of dollars of Korean stocks this year despite record rally. Here’s why
The selling intensified Monday as the benchmark Kospi plunged more than 8% at the open, even as it emerged as one of the world’s standout performers thus far.
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Why AI hyperscalers are now the epicenter of a bear case for stocks
In the near term, there are many mouths to feed and not enough to eat.
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Stock futures fall as Iran attack on Israel shakes fragile ceasefire: Live updates
Investors will also be focused on inflation data and the public debut of SpaceX on Friday.
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‘Bring ’em on’: Most profitable airline Delta wants United’s crown over the Pacific, too
Delta’s president, Peter Carter, told CNBC that the carrier wants to take United on over the Pacific.
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Here are the 6 big things we’re watching in the stock market this week
Earnings season for Club names has come to an end, but that doesn’t mean the excitement has.
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‘Dean of Valuation’ Aswath Damodaran is not buying SpaceX: ‘Too richly priced’
The NYU professor said he understands why some people are getting ready to pay up for SpaceX, but he is “more investor than trader.”
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Here are 3 forces that drove a whirlwind week for the stock market
An avalanche of selling on Friday crushed stocks. It was a dramatic reversal from record highs earlier in the week.
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Bank of America says these ‘compelling’ stocks are going higher
Bank of America named a slew of stocks that are too attractive to ignore.
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