The White House has reportedly created a rating system to evaluate the support of corporate America for President Donald Trump's "One Big Beautiful Bill" and other policies.
United Airlines currently trades at $99.20 per share and has shown little upside over the past six months, posting a small loss of 3.9%. The stock also fell short of the S&P 500’s 5.5% gain during that period.
The S&P 500 has recently experienced a robust upswing, with the Technology and Communication Services sectors leading the charge, demonstrating significant gains of 1.6% and 1.9% respectively. This impressive performance, coupled with positive movements in Financials, Consumer Discretionary, Industrials, and Materials, signals a broad-based market rally and
The global financial markets are currently navigating a fascinating dichotomy, with the International Energy Agency (IEA) projecting a significant surplus in global oil supply, while major airline carriers are experiencing a robust surge in their stock valuations. This seemingly contradictory scenario is a testament to the complex interplay of supply-side
Stocks set fresh highs after July CPI held steady at 2.7%. Airlines surged on an airfare rebound, while a handful of earnings headlines put single‑stock risk front and center.
A number of stocks jumped in the afternoon session after the latest Consumer Price Index (CPI) report showed inflation holding steady, bolstering investor optimism for a potential interest rate cut by the Federal Reserve. The data, which revealed that inflation remained at 2.7% for the year ending in July, was seen as a positive sign by investors. This stability increases the likelihood that the Federal Reserve might lower interest rates at its upcoming September meeting. Lower interest rates can stimulate the economy by making borrowing cheaper for both consumers and businesses, which often translates into higher consumer spending. This is particularly beneficial for the Consumer Discretionary sector, which includes companies selling non-essential goods and services like apparel, travel, and electronics.
Wall Street is in full rally mode after July’s inflation data eased fears that tariff-related cost pressures were widespread. The headline Consumer Price Index (CPI) came in below expectations, holding steady at 2.7% year-over-year and fueling speculation of upcoming interest rate cuts.
Stay informed about the performance of the S&P500 index in the middle of the day on Tuesday. Uncover the top gainers and losers in today's session for valuable insights.
Ride sharing service Lyft (NASDAQ: LYFT) fell short of the market’s revenue expectations in Q2 CY2025, but sales rose 10.6% year on year to $1.59 billion. Its non-GAAP profit of $0.30 per share was 6.1% above analysts’ consensus estimates.
Recent economic data from the United States has presented a nuanced picture of the nation's labor market, with a slight uptick in unemployment benefit applications alongside a significantly lower-than-expected nonfarm jobs report. While the increase in jobless claims remains within its recent range and is not immediately indicative of a
United Airlines grounded all mainline flights nationwide due to a critical tech glitch on Wednesday, highlighting growing concerns over aging aviation infrastructure and operational vulnerabilities across the airline industry.
