In June 2026, Aeroméxico transported 1.85 million passengers, a 9% decrease from the previous year, mainly due to a 13% drop in domestic passengers influenced by World Cup-related travel shifts. Despite this, international passengers only fell 1.4%, and international demand grew by 0.9%. The airline slightly increased its total capacity by 0.9%, focusing on managing network and capacity to align with market conditions. CEO Andrés Conesa highlighted that booking trends remain strong post-World Cup, supporting expectations for healthy demand through the rest of the year.
Nvidia insiders have sold over $664 million in stock in 2026, with director Mark Stevens accounting for about $445.6 million of that total. Stevens sold shares between March and June, including a major $186 million transaction in June, yet remains a ...
The August jobs report is crucial for the Federal Reserve's decision on a potential September rate hike, with strong labor data increasing the odds. Broadcom faces downside risk ahead of earnings due to high AI expectations, while Apple transitions t...
The software sector outperformed the market as CrowdStrike and Salesforce reported strong earnings, pushing the IGV ETF above its June highs. CrowdStrike impressed with record Net New Annual Recurring Revenue (ARR), accelerating revenue growth, and r...
This week’s economic reports, including payrolls and job openings (JOLTS), are crucial for assessing the likelihood of a Federal Reserve interest rate hike in September. Inflation remains elevated with July's headline PCE at 3.7%, and labor market da...
Meta is rated a Strong Buy due to its strong advertising business, high profit margins, and a solid competitive moat. The company's significant investments in AI, including large language models and recommendation systems, are boosting user engagemen...
