The Dow Jones Industrial Average surged 630 points to a record high following a preliminary U.S.-Iran peace deal that caused oil prices to fall sharply. This drop in crude prices eased inflation concerns and boosted growth stocks, with the Nasdaq gaining 2.4%. Airlines and cruise lines rallied due to lower fuel costs, while energy stocks declined. Investors now watch the upcoming formal signing and the Federal Reserve's meeting for further market direction.
United Airlines is set to report its earnings on Tuesday, followed by Southwest, American, and Alaska Air later in the week. The airline sector has struggled in 2026 due to surging jet fuel prices, causing United Airlines' stock to drop 14%. Investor...
American Airlines shares have fallen 23% this year, underperforming rivals like Delta and United, mainly due to soaring fuel costs that severely squeezed profits despite record revenue growth. The airline's Q2 revenue rose 16.3% to $16.7 billion, but...
U.S. holiday airfares for Thanksgiving and Christmas have risen sharply, up 31% and 23% respectively, as airlines increase prices to cover soaring fuel costs amid Middle East tensions. Indonesian stocks are under pressure after MSCI warned it may dow...
Air Canada and United Airlines announced new transborder routes for summer 2027, including Air Canada's new flights from Toronto to Louisville, Montréal to Indianapolis, and Edmonton to Newark. United Airlines will add seasonal service from Newark to...
United Airlines is rated a 'Buy' due to strong revenue growth, with Q3 revenue expected to rise 17.6% year-on-year. However, earnings per share are pressured, declining 6.9% because rising fuel costs and inflation outpace fare increases. The airline ...
