Airline Stock Plummets Alongside Profits
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Check out the companies making headlines before the bell: CrowdStrike — The cybersecurity stock dropped 4% after Guggenheim downgraded CrowdStrike to neutral from buy, saying the company is unlikely to emerge unscathed from the global outage. Nvidia — Shares gained 2% after Reuters, citing people familiar with the matter,...
A Boeing 777X airplane takes off during its first test flight from the company's plant in Everett, Washington, January 25, 2020.Terray Sylvester | ReutersFARNBOROUGH, England — Boeing won orders for at least 40 wide-body jetliners from Korean Air, including the yet-to-be-certified 777X jetliner, in a vote of confidence for...
People pass walk outside a Verizon Store on the 42nd Street on February 22, 2024. In New York City. View Press | Corbis News | Getty ImagesVerizon Communications added more wireless subscribers than expected in the second quarter, it reported on Monday, boosted by strong demand for its flexible plans that...
General Motors CEO Mary Barra, center, at the New York Stock Exchange, Nov. 17, 2022.Source: NYSEDETROIT — Wall Street expects General Motors to be the standout among the traditional Detroit automakers when they report second-quarter results this week, with sales and vehicle prices stable during the first half of...
Travelers wait in line at a Delta Airlines counter at Ronald Reagan National Airport in Arlington, Virginia, on July 19, 2024. Airlines around the world experienced disruption on an unprecedented scale after a widespread global computer outage grounded planes and created chaos at airports.Ting Shen/Bloomberg via Getty ImagesDelta Air...
A Ryanair passenger plane lands at Cologne/Bonn Airport.Thomas Banneyer | Picture Alliance | Getty ImagesRyanair shares fell on Monday after the company said its quarterly profit after tax had fallen 46% and fares will be lower than expected in the summer months.At 8:57 a.m. London time, Ryanair shares were...