15 hours ago
RTX Corporation (NYSE:RTX) on Thursday lifted its sales and profit outlook for 2026, amid sustained demand for commercial aircraft maintenance and military systems, as airlines continue to rely on older fleets and governments restock weapons.
The aerospace and defense company now projects adjusted sales in the range of $95 billion to $96 billion, up from its earlier estimates of $92.5 billion to $93.5 billion. Wall Street has an average forecast of $94.08 billion. The full-year adjusted EPS is expected in the range of $7.10 to $7.25, up from $6.70 to $6.90, and above ******* ysts' forecast of $6.92 per share.
The forecast lift came during the second quarter earnings call on July 23, where RTX beat Wall Street's estimates for both revenue and profit. Quarterly revenue came in at $24.7 billion, growing 14% year-over-year, while adjusted EPS was logged at $1.89, representing a 21% increase from the prior year's period.
The Pratt & Whitney unit, which manufactures engines for Airbus jets and the F-35, saw a 16% increase in sales to $8.89 billion, while demand for air and missile defense systems drove an 18% sales growth in the company's Raytheon defense business. Collins Aerospace, which delivers advanced aviation systems, saw an 8% increase in sales.
The company said its backlog expanded 22% from the prior year's period to $289 billion, which included $170 billion in commercial aerospace and $119 billion in defense-related orders. Operating cash flow during the quarter came in at $3.5 billion, resulting in free cash flow of $2.9 billion.
#sales #forecast
The aerospace and defense company now projects adjusted sales in the range of $95 billion to $96 billion, up from its earlier estimates of $92.5 billion to $93.5 billion. Wall Street has an average forecast of $94.08 billion. The full-year adjusted EPS is expected in the range of $7.10 to $7.25, up from $6.70 to $6.90, and above ******* ysts' forecast of $6.92 per share.
The forecast lift came during the second quarter earnings call on July 23, where RTX beat Wall Street's estimates for both revenue and profit. Quarterly revenue came in at $24.7 billion, growing 14% year-over-year, while adjusted EPS was logged at $1.89, representing a 21% increase from the prior year's period.
The Pratt & Whitney unit, which manufactures engines for Airbus jets and the F-35, saw a 16% increase in sales to $8.89 billion, while demand for air and missile defense systems drove an 18% sales growth in the company's Raytheon defense business. Collins Aerospace, which delivers advanced aviation systems, saw an 8% increase in sales.
The company said its backlog expanded 22% from the prior year's period to $289 billion, which included $170 billion in commercial aerospace and $119 billion in defense-related orders. Operating cash flow during the quarter came in at $3.5 billion, resulting in free cash flow of $2.9 billion.
#sales #forecast
2 days ago
American Airlines (AAL) shares have inched higher in recent sessions after the airline reported its highest quarterly revenue in company history. Rising demand across domestic and international routes drove a 16.3% year-over-year increase in Q2 sales to $16.7 billion, beating consensus estimates.
Still, American Airlines stock is down about 20% versus its recent high.
Dear ****** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions
#airlines #recent #still
Still, American Airlines stock is down about 20% versus its recent high.
Dear ****** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions
#airlines #recent #still
2 days ago
RTX Corporation (NYSE:RTX) on Thursday lifted its sales and profit outlook for 2026, amid sustained demand for commercial aircraft maintenance and military systems, as airlines continue to rely on older fleets and governments restock weapons.
The aerospace and defense company now projects adjusted sales in the range of $95 billion to $96 billion, up from its earlier estimates of $92.5 billion to $93.5 billion. Wall Street has an average forecast of $94.08 billion. The full-year adjusted EPS is expected in the range of $7.10 to $7.25, up from $6.70 to $6.90, and above ******* ysts' forecast of $6.92 per share.
The forecast lift came during the second quarter earnings call on July 23, where RTX beat Wall Street's estimates for both revenue and profit. Quarterly revenue came in at $24.7 billion, growing 14% year-over-year, while adjusted EPS was logged at $1.89, representing a 21% increase from the prior year's period.
The Pratt & Whitney unit, which manufactures engines for Airbus jets and the F-35, saw a 16% increase in sales to $8.89 billion, while demand for air and missile defense systems drove an 18% sales growth in the company's Raytheon defense business. Collins Aerospace, which delivers advanced aviation systems, saw an 8% increase in sales.
The company said its backlog expanded 22% from the prior year's period to $289 billion, which included $170 billion in commercial aerospace and $119 billion in defense-related orders. Operating cash flow during the quarter came in at $3.5 billion, resulting in free cash flow of $2.9 billion.
#sales #adjusted #forecast #increase
The aerospace and defense company now projects adjusted sales in the range of $95 billion to $96 billion, up from its earlier estimates of $92.5 billion to $93.5 billion. Wall Street has an average forecast of $94.08 billion. The full-year adjusted EPS is expected in the range of $7.10 to $7.25, up from $6.70 to $6.90, and above ******* ysts' forecast of $6.92 per share.
The forecast lift came during the second quarter earnings call on July 23, where RTX beat Wall Street's estimates for both revenue and profit. Quarterly revenue came in at $24.7 billion, growing 14% year-over-year, while adjusted EPS was logged at $1.89, representing a 21% increase from the prior year's period.
The Pratt & Whitney unit, which manufactures engines for Airbus jets and the F-35, saw a 16% increase in sales to $8.89 billion, while demand for air and missile defense systems drove an 18% sales growth in the company's Raytheon defense business. Collins Aerospace, which delivers advanced aviation systems, saw an 8% increase in sales.
The company said its backlog expanded 22% from the prior year's period to $289 billion, which included $170 billion in commercial aerospace and $119 billion in defense-related orders. Operating cash flow during the quarter came in at $3.5 billion, resulting in free cash flow of $2.9 billion.
#sales #adjusted #forecast #increase
2 days ago
American Airlines (NASDAQ: AAL) reported second-quarter results on Thursday and lowered its outlook for the year. Initially, investors were spooked, and the stock fell about 8% to close at $13.56.
Then on Friday they bought it back. Shares rose 6.8% to $14.48, recovering much of the drop in a single session.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Two days, two opposite verdicts on the same report. What gives?
The quarter itself was not bad at all.
#NVIDIA #flashing #same #thursday
Then on Friday they bought it back. Shares rose 6.8% to $14.48, recovering much of the drop in a single session.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Two days, two opposite verdicts on the same report. What gives?
The quarter itself was not bad at all.
#NVIDIA #flashing #same #thursday
3 days ago
U.S. airlines are grappling with soaring jet fuel costs again after the return of hostilities in the Middle East shattered the three-week-long U.S.-Iran 'deal to make a deal' and sent Brent crude oil prices soaring past $100 per barrel again.
The U.S. jet fuel market has been tightening since March, although there haven't been concerns about any shortages in America, unlike in Europe, which in April was supposed to run out of stockpiles within six weeks.
Europe didn't see shortages, but the global markets tightened, and prices spiked amid peak seasonal demand during the summer holiday travel.
U.S. jet fuel exports, and exports of all other fuels including gasoline and diesel, hit record highs this month as refining margins soared with crude supply still constrained at the Strait of Hormuz.
The result is spiking fuel costs that depress airline earnings and raise air fares for consumers.
#fuel
The U.S. jet fuel market has been tightening since March, although there haven't been concerns about any shortages in America, unlike in Europe, which in April was supposed to run out of stockpiles within six weeks.
Europe didn't see shortages, but the global markets tightened, and prices spiked amid peak seasonal demand during the summer holiday travel.
U.S. jet fuel exports, and exports of all other fuels including gasoline and diesel, hit record highs this month as refining margins soared with crude supply still constrained at the Strait of Hormuz.
The result is spiking fuel costs that depress airline earnings and raise air fares for consumers.
#fuel
3 days ago
American Airlines Group (AAL) shares tumbled after the carrier warned that surging jet fuel prices are eroding profitability, overshadowing an otherwise stronger-than-expected second-quarter earnings report. While the airline delivered record quarterly revenue and topped Wall Street's earnings estimates, investors focused on sharply higher fuel expenses and a weaker full-year outlook, raising fresh concerns about margin pressure and the stock's near-term trajectory.
Fuel costs have emerged as the key challenge. American said second-quarter fuel expense jumped by more than $2.2 billion, or 83% year-over-year (YOY), although higher ticket prices offset nearly half of that increase. Management expects fuel costs to remain elevated in the third quarter and now forecasts full-year adjusted earnings ranging from a loss of $0.65 per share to a profit of $0.65, a significant reduction from its previous outlook.
Dear ******* eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions
#fuel #Stock #prices #full
Fuel costs have emerged as the key challenge. American said second-quarter fuel expense jumped by more than $2.2 billion, or 83% year-over-year (YOY), although higher ticket prices offset nearly half of that increase. Management expects fuel costs to remain elevated in the third quarter and now forecasts full-year adjusted earnings ranging from a loss of $0.65 per share to a profit of $0.65, a significant reduction from its previous outlook.
Dear ******* eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions
#fuel #Stock #prices #full
6 days ago
Interested in Southwest Airlines Co.? Here are five stocks we like better.
Southwest Airlines posted a strong Q2 with adjusted EPS of $0.94, record revenue of $8.7 billion, and a 20.3% jump in adjusted operating revenue despite only 0.2% capacity growth. Management said the results show the earnings power of its commercial transformation.
Revenue initiatives are driving growth, including bag fees, product changes, online travel agencies, and stronger corporate demand. Managed business revenue rose 30% year over year, Rapid Rewards enrollment climbed 35%, and Chase card acquisitions increased 28%.
Southwest trimmed its full-year profit outlook to adjusted EPS of $3.25 to $4.25 as fuel costs remained elevated and fuel expense rose nearly $900 million year over year in Q2. Even so, the airline generated $500 million in operating cash flow, ended with $5.3 billion in liquidity, and maintained a solid leverage profile.
MarketBeat Week in Review – 07/06 - 07/10
#southwest
Southwest Airlines posted a strong Q2 with adjusted EPS of $0.94, record revenue of $8.7 billion, and a 20.3% jump in adjusted operating revenue despite only 0.2% capacity growth. Management said the results show the earnings power of its commercial transformation.
Revenue initiatives are driving growth, including bag fees, product changes, online travel agencies, and stronger corporate demand. Managed business revenue rose 30% year over year, Rapid Rewards enrollment climbed 35%, and Chase card acquisitions increased 28%.
Southwest trimmed its full-year profit outlook to adjusted EPS of $3.25 to $4.25 as fuel costs remained elevated and fuel expense rose nearly $900 million year over year in Q2. Even so, the airline generated $500 million in operating cash flow, ended with $5.3 billion in liquidity, and maintained a solid leverage profile.
MarketBeat Week in Review – 07/06 - 07/10
#southwest
6 days ago
A Southwest Airlines flight attendant who allegedly overstayed his visa was arrested by federal immigration authorities earlier this month while at work, officials said.
Lorenzo Thompson, a Jamaican citizen, was arrested July 14 in Nashville, Tennessee, according to local reports.
Thompson first entered the United States April 17, 2021, on a visa that expired Oct. 16, 2021, U.S. Immigration and Customs Enforcement (ICE) told Fox News.
Man Fleeing Ice Officers In Florida Is Struck And Killed By Tractor-trailer, Police Say
A Boeing 737-MAX 8 flying for Southwest Airlines.
#thompson #immigration #lorenzo
Lorenzo Thompson, a Jamaican citizen, was arrested July 14 in Nashville, Tennessee, according to local reports.
Thompson first entered the United States April 17, 2021, on a visa that expired Oct. 16, 2021, U.S. Immigration and Customs Enforcement (ICE) told Fox News.
Man Fleeing Ice Officers In Florida Is Struck And Killed By Tractor-trailer, Police Say
A Boeing 737-MAX 8 flying for Southwest Airlines.
#thompson #immigration #lorenzo
6 days ago
American Airlines Group (NASDAQ:AAL) reported better-than-expected second-quarter earnings on Thursday, but its shares fell more than 5% in premarket trading after the carrier issued a weaker-than-anticipated profit outlook for the third quarter and the full year.
While record revenue reflected continued demand for travel, higher fuel costs weighed on the company's earnings forecast.
American Airlines posted adjusted earnings of $0.15 per share for the second quarter, well above **** ysts' consensus estimate of $0.03.
Revenue reached a record $16.7 billion, an increase of 16.3% from the same period last year and broadly in line with Wall Street expectations.
Despite the stronger quarterly performance, investors focused on the company's cautious guidance, sending the stock lower in premarket trading.
#quarter
While record revenue reflected continued demand for travel, higher fuel costs weighed on the company's earnings forecast.
American Airlines posted adjusted earnings of $0.15 per share for the second quarter, well above **** ysts' consensus estimate of $0.03.
Revenue reached a record $16.7 billion, an increase of 16.3% from the same period last year and broadly in line with Wall Street expectations.
Despite the stronger quarterly performance, investors focused on the company's cautious guidance, sending the stock lower in premarket trading.
#quarter
6 days ago
Ryanair Holdings plc (NASDAQ:RYAAY)'s fiscal first-quarter profit fell 34% to €538 million from €820 million a year earlier. Revenue rose about 1% to €4.38 billion, short of the €4.48 billion ***** ysts expected. Passenger traffic climbed 6% to 61.3 million. Shares fell as much as 7% on the day (July 20). Rival carriers Wizz Air, Lufthansa, IAG, and Air France-KLM all dropped too.
Two things drove the miss. Firstly, fares fell 6% as the Iran war made travelers nervous and pushed bookings closer to departure. Secondly, operating costs rose 11% because the 20% of Ryanair Holdings plc (NASDAQ:RYAAY)'s jet fuel that isn't hedged more than doubled in price, hitting $150 a barrel during the quarter. CEO Michael O'Leary said the conflict, EU jet-fuel supply concerns, and general economic uncertainty forced the airline to cut fares to fill seats. He gave no full-year profit guidance, calling second-quarter pricing "trending modestly down" YoY and noting zero visibility into the second half of the year.
That raises a real question. Is this just a short-term problem for Europe's strongest budget airline, or is it the beginning of a long period of low ticket prices that will last even after the war ends?
BULL CASE
Ryanair Holdings plc (NASDAQ:RYAAY)'s own earnings call is the strongest source for the bull case. CFO Neil Sorahan told CNBC the Middle East conflict will cause a capacity shakeout among weaker European airlines this winter, since carriers without Ryanair's cost base or balance sheet may fail or get absorbed. He confirmed Ryanair paid off its final €1.2 billion bond in May. The corporation is now debt-free and owns its roughly 620 aircraft outright, with about €2.8 billion in cash on hand. Sorahan pushed back on demand fears directly, telling CNBC, "No shortage of bookings. No shortage of people traveling, just travelers booking closer to departure.
#billion #fell
Two things drove the miss. Firstly, fares fell 6% as the Iran war made travelers nervous and pushed bookings closer to departure. Secondly, operating costs rose 11% because the 20% of Ryanair Holdings plc (NASDAQ:RYAAY)'s jet fuel that isn't hedged more than doubled in price, hitting $150 a barrel during the quarter. CEO Michael O'Leary said the conflict, EU jet-fuel supply concerns, and general economic uncertainty forced the airline to cut fares to fill seats. He gave no full-year profit guidance, calling second-quarter pricing "trending modestly down" YoY and noting zero visibility into the second half of the year.
That raises a real question. Is this just a short-term problem for Europe's strongest budget airline, or is it the beginning of a long period of low ticket prices that will last even after the war ends?
BULL CASE
Ryanair Holdings plc (NASDAQ:RYAAY)'s own earnings call is the strongest source for the bull case. CFO Neil Sorahan told CNBC the Middle East conflict will cause a capacity shakeout among weaker European airlines this winter, since carriers without Ryanair's cost base or balance sheet may fail or get absorbed. He confirmed Ryanair paid off its final €1.2 billion bond in May. The corporation is now debt-free and owns its roughly 620 aircraft outright, with about €2.8 billion in cash on hand. Sorahan pushed back on demand fears directly, telling CNBC, "No shortage of bookings. No shortage of people traveling, just travelers booking closer to departure.
#billion #fell
6 days ago
Six years after the pandemic pushed heavily leveraged companies into distress, some of the lenders that took control are beginning to cash out.
Tailored Brands, owner of clothing chain Men's Wearhouse, filed on July 10 to return to the public markets. Credit investor Silver Point Capital, which has owned the business since its 2020 restructuring, will remain the principal shareholder.
Strategic Value Partners and Sixth Street Partners sold $743 million of LATAM Airlines stock in a secondary equity offering in February, winding down a stake they inherited through the bankruptcy of Latin America's largest airline holding company in 2022.
Aeroméxico, whose largest creditor was Apollo Global Management, has traded in New York since November. The listing raised $223 million and came three years after Mexico's flagship carrier embarked on a $5 billion post-bankruptcy fleet modernization plan.
With defaults and bankruptcies edging up once more, these are useful case studies of what happens when lenders take the keys to a company. But many private credit managers appear already to have learned their lessons, according to bankruptcy experts.
#partners #million #largest #tailored
Tailored Brands, owner of clothing chain Men's Wearhouse, filed on July 10 to return to the public markets. Credit investor Silver Point Capital, which has owned the business since its 2020 restructuring, will remain the principal shareholder.
Strategic Value Partners and Sixth Street Partners sold $743 million of LATAM Airlines stock in a secondary equity offering in February, winding down a stake they inherited through the bankruptcy of Latin America's largest airline holding company in 2022.
Aeroméxico, whose largest creditor was Apollo Global Management, has traded in New York since November. The listing raised $223 million and came three years after Mexico's flagship carrier embarked on a $5 billion post-bankruptcy fleet modernization plan.
With defaults and bankruptcies edging up once more, these are useful case studies of what happens when lenders take the keys to a company. But many private credit managers appear already to have learned their lessons, according to bankruptcy experts.
#partners #million #largest #tailored
7 days ago
Investors were bracing themselves for what airlines like Delta Air Lines (NYSE: DAL) and United Airlines (NASDAQ: UAL) might report for the second quarter in light of the surge in jet fuel prices. However, although rising fuel costs are definitely having an impact on both airlines, Delta affirmed its forecast, and United Airlines actually increased its earnings outlook. Does this make both airline stocks a buy?
It's no secret that hostilities in the Middle East led to sharply higher crude oil prices throughout the second quarter. The shortage of crude oil and jet fuel flowing through the Strait of Hormuz not only increased crude oil prices but also sent jet fuel crack spreads soaring. The end result was a major increase in jet fuel costs for airlines in the quarter.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
As you can see below, the overwhelming majority of the increase in operating expenses in the second quarter was due to higher fuel costs, and in both cases, year-over-year operating income deteriorated.
Year-over-Year Change
#fuel #prices
It's no secret that hostilities in the Middle East led to sharply higher crude oil prices throughout the second quarter. The shortage of crude oil and jet fuel flowing through the Strait of Hormuz not only increased crude oil prices but also sent jet fuel crack spreads soaring. The end result was a major increase in jet fuel costs for airlines in the quarter.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
As you can see below, the overwhelming majority of the increase in operating expenses in the second quarter was due to higher fuel costs, and in both cases, year-over-year operating income deteriorated.
Year-over-Year Change
#fuel #prices
8 days ago
Apr 28, 2026; Dallas, Texas, USA; Dallas Stars left wing Jason Robertson (21) skates against the Minnesota Wild during the second period in game five of the first round of the 2026 Stanley Cup Playoffs at American Airlines Center. Mandatory Credit: Jerome Miron-Imagn Images
FRISCO, Texas — Jason Robertson and the Dallas Stars will avoid a salary arbitration hearing after the high-scoring forward signed a $12 million contract for next season.
The Stars announced the deal a day before Robertson's 27th birthday and 2 1/2 weeks after he had filed for arbitration.
"Jason has been a cornerstone of our franchise since he was drafted in 2017," Stars general manager Jim Nill said. "A dynamic and skilled player, he has been one of the league's top offensive threats since making his NHL debut."
Robertson, who has 490 points (213 goals and 277 ******* ists) in his 456 regular-season career games with the Stars, could become an unrestricted free agent for the first time next summer.
#stars #dallas #jason #since
FRISCO, Texas — Jason Robertson and the Dallas Stars will avoid a salary arbitration hearing after the high-scoring forward signed a $12 million contract for next season.
The Stars announced the deal a day before Robertson's 27th birthday and 2 1/2 weeks after he had filed for arbitration.
"Jason has been a cornerstone of our franchise since he was drafted in 2017," Stars general manager Jim Nill said. "A dynamic and skilled player, he has been one of the league's top offensive threats since making his NHL debut."
Robertson, who has 490 points (213 goals and 277 ******* ists) in his 456 regular-season career games with the Stars, could become an unrestricted free agent for the first time next summer.
#stars #dallas #jason #since
8 days ago
(NewsNation) — A United Airlines commercial flight from Houston to Phoenix was forced to land at a military base Monday due to severe weather.
The emergency landing happened at Luke Air Force Base in Glendale, Arizona, a reroute from Phoenix Sky Harbor International Airport.
The pilot told air traffic controllers there were 160 people on board, according to radio transmission. The controllers told the pilot different options for where to land, including the base.
Frontier to offer Starlink internet after years without in-flight WiFi
When the flight was supposed to land, the Phoenix airport was under a ground stop due to thunderstorms.
#phoenix #base #flight #airport
The emergency landing happened at Luke Air Force Base in Glendale, Arizona, a reroute from Phoenix Sky Harbor International Airport.
The pilot told air traffic controllers there were 160 people on board, according to radio transmission. The controllers told the pilot different options for where to land, including the base.
Frontier to offer Starlink internet after years without in-flight WiFi
When the flight was supposed to land, the Phoenix airport was under a ground stop due to thunderstorms.
#phoenix #base #flight #airport
10 days ago
Early warnings surrounding the Strait of Hormuz suggested that European airports and fuel markets could face physical shortages by the beginning of summer. Those shortages largely failed to materialise, revealing both the adaptability of global energy markets and their persistent tendency to price worst-case scenarios long before they occur.
When the Strait of Hormuz was effectively closed at the end of February, the first forecasts were dramatic. The disruption affected a route that had carried nearly 20 million barrels per day of crude oil and petroleum products before the conflict, while Gulf exporters had also supplied a significant share of the world's diesel, jet fuel and liquefied petroleum gas. Europe appeared particularly exposed because it imported far more aviation fuel than it produced and had relied heavily on supplies originating in the Middle East.
By April, warnings of physical shortages were becoming increasingly specific. The International Energy Agency estimated that Europe could begin running short of aviation fuel in June if it managed to replace only half of the supplies normally imported from the Gulf. Airlines warned that flights might have to be cancelled, airports considered contingency measures, and European officials began discussing the coordinated release and redistribution of jet fuel reserves. Ryanair suggested that a loss of 10% to 20% of available supply could force airlines to cut capacity during the summer season.
June has now passed, however, and European aviation has not ground to a halt. Petrol stations have not broadly run dry, diesel rationing has not been introduced and the widespread physical shortages that dominated the early discussion have not occurred. Prices increased sharply, inventories declined and individual routes became less economical, but the energy system absorbed a disruption that the IEA described as the largest in the history of the global oil market.
Related: Europe's Heatwave Is Becoming an Energy Crisis
When the Strait of Hormuz was effectively closed at the end of February, the first forecasts were dramatic. The disruption affected a route that had carried nearly 20 million barrels per day of crude oil and petroleum products before the conflict, while Gulf exporters had also supplied a significant share of the world's diesel, jet fuel and liquefied petroleum gas. Europe appeared particularly exposed because it imported far more aviation fuel than it produced and had relied heavily on supplies originating in the Middle East.
By April, warnings of physical shortages were becoming increasingly specific. The International Energy Agency estimated that Europe could begin running short of aviation fuel in June if it managed to replace only half of the supplies normally imported from the Gulf. Airlines warned that flights might have to be cancelled, airports considered contingency measures, and European officials began discussing the coordinated release and redistribution of jet fuel reserves. Ryanair suggested that a loss of 10% to 20% of available supply could force airlines to cut capacity during the summer season.
June has now passed, however, and European aviation has not ground to a halt. Petrol stations have not broadly run dry, diesel rationing has not been introduced and the widespread physical shortages that dominated the early discussion have not occurred. Prices increased sharply, inventories declined and individual routes became less economical, but the energy system absorbed a disruption that the IEA described as the largest in the history of the global oil market.
Related: Europe's Heatwave Is Becoming an Energy Crisis
11 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
United Airlines Holdings Inc. stock fell in premarket trading Thursday after the carrier warned that higher fuel costs and capacity constraints are expected to weigh on near-term results, even as it reported second-quarter earnings and revenue above Wall Street estimates.
United reported second-quarter revenue of $17.67 billion, topping the ****** yst consensus estimate of $17.62 billion, according to Benzinga Pro. Adjusted earnings came in at $1.99 per share, ahead of expectations of $1.87 per share.
Second-quarter capacity increased 3.5% year over year. Cost per available seat mile (CASM) rose 15.2%, while CASM excluding fuel (CASM-ex) increased 6.1%.
Don't Miss:
United Airlines Holdings Inc. stock fell in premarket trading Thursday after the carrier warned that higher fuel costs and capacity constraints are expected to weigh on near-term results, even as it reported second-quarter earnings and revenue above Wall Street estimates.
United reported second-quarter revenue of $17.67 billion, topping the ****** yst consensus estimate of $17.62 billion, according to Benzinga Pro. Adjusted earnings came in at $1.99 per share, ahead of expectations of $1.87 per share.
Second-quarter capacity increased 3.5% year over year. Cost per available seat mile (CASM) rose 15.2%, while CASM excluding fuel (CASM-ex) increased 6.1%.
Don't Miss:
11 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
The U.S. aviation sector is reportedly pushing lawmakers to approve a funding package worth $20 billion to modernize the country's aging air traffic control (ATC) systems, as well as curb flight disruptions.
According to a Reuters report on Wednesday, a coalition of airlines, airplane manufacturers, airports, unions and others said that the funds would replace hundreds of aging ATC facilities, as well as help deploy next-generation tech for controllers to improve safety.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
The U.S. aviation sector is reportedly pushing lawmakers to approve a funding package worth $20 billion to modernize the country's aging air traffic control (ATC) systems, as well as curb flight disruptions.
According to a Reuters report on Wednesday, a coalition of airlines, airplane manufacturers, airports, unions and others said that the funds would replace hundreds of aging ATC facilities, as well as help deploy next-generation tech for controllers to improve safety.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
13 days ago
Updated July 16, 2026 5:07 pm ET
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The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1341 ET – United Airlines is better positioned than most airlines to withstand shocks, according to Melius Research in a note. While the recent increase in fuel costs will weigh on United’s ability to beat Wall Street’s expectations, the airline is in a particularly solid spot compared with the rest of the industry, ******* ysts Conor Cunningham and Patrick Coleman say. They think United can still reach margins in the double-digit percentage range in 2027, given the company’s strong revenue and the ******* ysts’ belief that airlines will “hold the line” on pricing. “United continues to prove that significant investment in its product, network, customers, and culture is a winning strategy,” they say. (katherine.hamiltonwsj.com)
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The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1341 ET – United Airlines is better positioned than most airlines to withstand shocks, according to Melius Research in a note. While the recent increase in fuel costs will weigh on United’s ability to beat Wall Street’s expectations, the airline is in a particularly solid spot compared with the rest of the industry, ******* ysts Conor Cunningham and Patrick Coleman say. They think United can still reach margins in the double-digit percentage range in 2027, given the company’s strong revenue and the ******* ysts’ belief that airlines will “hold the line” on pricing. “United continues to prove that significant investment in its product, network, customers, and culture is a winning strategy,” they say. (katherine.hamiltonwsj.com)
13 days ago
Second quarter earnings continued to roll in, with leading chipmaker Taiwan Semiconductor (TSM) reporting strong results that pointed to robust AI demand. UnitedHealth Group (UNH), GE Aerospace (GE), and Netflix (NFLX) also report on Thursday, rounding out the earnings mix.
The week started with a wave of bank earnings that showed broad-based strength, driven by Wall Street trading activity. "It's getting close to as good as it gets," JPMorgan (JPM) CEO Jamie Dimon said about current banking conditions after the country's largest bank reported its biggest quarterly profit on record on Tuesday.
It was a good start to what's expected to be a strong earnings season for the S&P 500 (^GSPC). According to FactSet data, **** ysts estimate the year-over-year S&P 500 earnings growth rate for the second quarter will be 23.3% — above the five-year average of 16.4% and the 10-year average of 10.3%.
If that holds, it will mark the second consecutive earnings growth rate above 20% for the index and the seventh straight quarter of double-digit growth.
Also reporting earnings this week were ASML Holding N.V. (ASML), Morgan Stanley (MS), BlackRock (BLK), Johnson & Johnson (JNJ), and United Airlines Holdings (UAL).
The week started with a wave of bank earnings that showed broad-based strength, driven by Wall Street trading activity. "It's getting close to as good as it gets," JPMorgan (JPM) CEO Jamie Dimon said about current banking conditions after the country's largest bank reported its biggest quarterly profit on record on Tuesday.
It was a good start to what's expected to be a strong earnings season for the S&P 500 (^GSPC). According to FactSet data, **** ysts estimate the year-over-year S&P 500 earnings growth rate for the second quarter will be 23.3% — above the five-year average of 16.4% and the 10-year average of 10.3%.
If that holds, it will mark the second consecutive earnings growth rate above 20% for the index and the seventh straight quarter of double-digit growth.
Also reporting earnings this week were ASML Holding N.V. (ASML), Morgan Stanley (MS), BlackRock (BLK), Johnson & Johnson (JNJ), and United Airlines Holdings (UAL).
14 days ago
Alaska Air Group, Inc. (NYSE:ALK) is one of the 8 Most Undervalued Growth Stocks to Buy for the Next 10 Years. Alaska Air Group, Inc. (NYSE:ALK) has been enjoying bullish ***** yst sentiment since the start of July. So far this month, 5 ***** ysts have raised their price targets on the stock. In the latest update, Christopher Stathoulopoulos from Susquehanna raised the firm's price target on ALK from $50 to $70 and reaffirmed a Buy rating. The price target revision was based on the firm's expectations that airlines will benefit from lower fuel prices, strong travel demand, and stable ticket fares heading into the second-quarter earnings season.
In addition to Susquehanna, TD Cowen also raised its price target on Alaska Air Group, Inc. (NYSE:ALK) from $51 to $59 while maintaining its Buy rating on July 2. The firm updated its price targets across the airline sector as part of its second-quarter earnings preview.
TD Cowen said that it remains broadly positive on the airline sector, ***** uming the industry can maintain this year's ticket price increases. However, the firm said that investors will likely look for confirmation that fare increases after Labour Day remain in place. They also want to see that travel demand stays strong before the airline stocks move higher.
Alaska Air Group, Inc. (NYSE:ALK) is an airline holding company operating through the Hawaiian Airlines, Alaska Airlines, and Regional segments. The company offers scheduled passenger and cargo flights using Boeing aircraft. It also provides air transportation services through Horizon Air and other third-party carriers.
While we acknowledge the potential of ALK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
In addition to Susquehanna, TD Cowen also raised its price target on Alaska Air Group, Inc. (NYSE:ALK) from $51 to $59 while maintaining its Buy rating on July 2. The firm updated its price targets across the airline sector as part of its second-quarter earnings preview.
TD Cowen said that it remains broadly positive on the airline sector, ***** uming the industry can maintain this year's ticket price increases. However, the firm said that investors will likely look for confirmation that fare increases after Labour Day remain in place. They also want to see that travel demand stays strong before the airline stocks move higher.
Alaska Air Group, Inc. (NYSE:ALK) is an airline holding company operating through the Hawaiian Airlines, Alaska Airlines, and Regional segments. The company offers scheduled passenger and cargo flights using Boeing aircraft. It also provides air transportation services through Horizon Air and other third-party carriers.
While we acknowledge the potential of ALK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
14 days ago
Second quarter earnings continued to roll in, with leading chipmaker Taiwan Semiconductor (TSM) reporting strong results that pointed to robust AI demand. UnitedHealth Group (UNH), GE Aerospace (GE), and Netflix (NFLX) also report on Thursday, rounding out the earnings mix.
The week started with a wave of bank earnings that showed broad-based strength, driven by Wall Street trading activity. "It's getting close to as good as it gets," JPMorgan (JPM) CEO Jamie Dimon said about current banking conditions after the country's largest bank reported its biggest quarterly profit on record on Tuesday.
It was a good start to what's expected to be a strong earnings season for the S&P 500 (^GSPC). According to FactSet data, **** ysts estimate the year-over-year S&P 500 earnings growth rate for the second quarter will be 23.3% — above the five-year average of 16.4% and the 10-year average of 10.3%.
If that holds, it will mark the second consecutive earnings growth rate above 20% for the index and the seventh straight quarter of double-digit growth.
Also reporting earnings this week were ASML Holding N.V. (ASML), Morgan Stanley (MS), BlackRock (BLK), Johnson & Johnson (JNJ), and United Airlines Holdings (UAL).
The week started with a wave of bank earnings that showed broad-based strength, driven by Wall Street trading activity. "It's getting close to as good as it gets," JPMorgan (JPM) CEO Jamie Dimon said about current banking conditions after the country's largest bank reported its biggest quarterly profit on record on Tuesday.
It was a good start to what's expected to be a strong earnings season for the S&P 500 (^GSPC). According to FactSet data, **** ysts estimate the year-over-year S&P 500 earnings growth rate for the second quarter will be 23.3% — above the five-year average of 16.4% and the 10-year average of 10.3%.
If that holds, it will mark the second consecutive earnings growth rate above 20% for the index and the seventh straight quarter of double-digit growth.
Also reporting earnings this week were ASML Holding N.V. (ASML), Morgan Stanley (MS), BlackRock (BLK), Johnson & Johnson (JNJ), and United Airlines Holdings (UAL).
14 days ago
Dow Jones futures edged higher early Thursday, while S&P 500 futures and Nasdaq futures fell amid continued weakness in chips and AI hardware. Nvidia chipmaker Taiwan Semiconductor, GE Aerospace, UnitedHealth, J.B. Hunt Transport Services and United Airlines were big earnings movers before the open.
The stock market rally saw modest rises for the major indexes Wednesday, as strong gains in Apple (AAPL), Google-parent Alphabet (GOOGL) and other megacap techs helped mask a bad day for chips and AI hardware.
Dell Technologies (DELL) sold off Wednesday, along with memory plays Sandisk (SNDK), Micron Technology (MU), SK Hynix (SKHY), Western Digital (WDC) and Seagate Technology (STX). Those names and other AI plays saw further losses early Thursday.
SpaceX (SPCX) briefly fell below its $135 IPO price for the first time.
Micron and ASML are on the IBD 50. Dell stock is on the IBD Big Cap 20. Micron stock is on IBD Sector Leaders. SK Hynix stock is on IPO Leaders. Taiwan Semiconductor Manufacturing (TSM) and Google stock are on the IBD Long-Term Leaders watchlist.
The stock market rally saw modest rises for the major indexes Wednesday, as strong gains in Apple (AAPL), Google-parent Alphabet (GOOGL) and other megacap techs helped mask a bad day for chips and AI hardware.
Dell Technologies (DELL) sold off Wednesday, along with memory plays Sandisk (SNDK), Micron Technology (MU), SK Hynix (SKHY), Western Digital (WDC) and Seagate Technology (STX). Those names and other AI plays saw further losses early Thursday.
SpaceX (SPCX) briefly fell below its $135 IPO price for the first time.
Micron and ASML are on the IBD 50. Dell stock is on the IBD Big Cap 20. Micron stock is on IBD Sector Leaders. SK Hynix stock is on IPO Leaders. Taiwan Semiconductor Manufacturing (TSM) and Google stock are on the IBD Long-Term Leaders watchlist.
16 days ago
Retail investors made SK Hynix (SKHY) one of their biggest buys on Friday, according to the latest data from VandaTrack. By Monday, the stock had fallen as much as 9% as South Korea's KOSPI (^KS11) plunged nearly 9%.
That kind of whiplash is becoming familiar. Retail traders are cashing out of Apple (AAPL), Tesla (TSLA), Nvidia (NVDA), and chip stocks while chasing newer stories. The broader market is not following them lower.
VandaTrack data shows Sandisk (SNDK), Apple, Tesla, and Nvidia among the biggest sources of retail selling last week. Western Digital (WDC), Meta (META), and American Airlines (AAL) also made the list.
The flow pattern looks "more consistent with rotation than outright de-risking," Vanda wrote Monday. Retail trading activity remains near records, but investors are selling nearly as much as they buy.
The "Magnificent Seven" is no longer one retail position. Microsoft and Nvidia attracted net buying over Vanda's 10-day window, while Apple and Tesla became sources of cash.
That kind of whiplash is becoming familiar. Retail traders are cashing out of Apple (AAPL), Tesla (TSLA), Nvidia (NVDA), and chip stocks while chasing newer stories. The broader market is not following them lower.
VandaTrack data shows Sandisk (SNDK), Apple, Tesla, and Nvidia among the biggest sources of retail selling last week. Western Digital (WDC), Meta (META), and American Airlines (AAL) also made the list.
The flow pattern looks "more consistent with rotation than outright de-risking," Vanda wrote Monday. Retail trading activity remains near records, but investors are selling nearly as much as they buy.
The "Magnificent Seven" is no longer one retail position. Microsoft and Nvidia attracted net buying over Vanda's 10-day window, while Apple and Tesla became sources of cash.
16 days ago
CAIRO (AP) — The Iran-backed Houthi rebels in Yemen said they launched missiles and drones at Saudi Arabia's Abha International Airport on Monday in response to airstrikes they blamed on Saudi Arabia that struck Sanaa International Airport earlier in the day.
No casualties were reported, but the attacks marked an escalation not seen since a Saudi-led coalition struck Houthi-controlled areas several years ago. Saudi Arabian officials did not immediately respond to a request for comment about the airstrikes in Yemen.
Houthi military spokesman Brig. Gen. Yahya Saree, in a video statement on Telegram, warned airlines against flying through Saudi airspace, saying these warnings should be taken "seriously until the blockade on Sanaa International Airport is lifted."
The internationally recognized government in Yemen said earlier that the strikes that hit Sanaa International Airport were meant to prevent an Iranian plane from landing.
The Houthis vowed to retaliate for the strike, which marked the first major escalation between the Houthis and Saudi Arabia following a period of relative calm.
No casualties were reported, but the attacks marked an escalation not seen since a Saudi-led coalition struck Houthi-controlled areas several years ago. Saudi Arabian officials did not immediately respond to a request for comment about the airstrikes in Yemen.
Houthi military spokesman Brig. Gen. Yahya Saree, in a video statement on Telegram, warned airlines against flying through Saudi airspace, saying these warnings should be taken "seriously until the blockade on Sanaa International Airport is lifted."
The internationally recognized government in Yemen said earlier that the strikes that hit Sanaa International Airport were meant to prevent an Iranian plane from landing.
The Houthis vowed to retaliate for the strike, which marked the first major escalation between the Houthis and Saudi Arabia following a period of relative calm.
16 days ago
WWE Raw on July 13, 2026, took place at American Airlines Center in Dallas, and featured a contract signing with Roman Reigns and Seth Rollins.
With Saturday Night's Main Event and SummerSlam rapidly approaching, there were matches set for both events. There was only one match with stakes on the show: a No. 1 contender match for the men's Intercontinental Championship. IYO SKY picked up a win over Roxanne Perez and a rough-looking Lyra Valkyria now has a match against Bayley at SNME. A six-man tag between The Usos and Jacob Fatu is set for SummerSlam against Royce Keys, LA Knight, and Solo Sikoa. There was also a teaser for the return of Big Cass.
Here are the top takeaways from this week's show:
Before we get into the takeaways of what went down in the ring, an observation about this show must be stated.
The commercial breaks are ridiculous. They are poorly timed, and the frequency is too high. Multiple entrances were skimped this week in favor of commercials. For example, a commercial ran right as Je'Von Evans entered the gauntlet match. On the return, he was already hurt, outside of the ring.
With Saturday Night's Main Event and SummerSlam rapidly approaching, there were matches set for both events. There was only one match with stakes on the show: a No. 1 contender match for the men's Intercontinental Championship. IYO SKY picked up a win over Roxanne Perez and a rough-looking Lyra Valkyria now has a match against Bayley at SNME. A six-man tag between The Usos and Jacob Fatu is set for SummerSlam against Royce Keys, LA Knight, and Solo Sikoa. There was also a teaser for the return of Big Cass.
Here are the top takeaways from this week's show:
Before we get into the takeaways of what went down in the ring, an observation about this show must be stated.
The commercial breaks are ridiculous. They are poorly timed, and the frequency is too high. Multiple entrances were skimped this week in favor of commercials. For example, a commercial ran right as Je'Von Evans entered the gauntlet match. On the return, he was already hurt, outside of the ring.
17 days ago
Coming off a relatively staid past week in the markets, investors step into a packed five-day stretch as second quarter earnings kick off in force, with a healthy selection of economic data releases on the calendar to boot.
S&P 500 (^GSPC) closed out Friday up 0.4% for a gain of 1.2% on the week. The Dow gained 0.3% on Friday but still closed the week on a loss of 0.5%. The Nasdaq picked up 0.3% on Friday to close the week up 1.7%.
After a slow trickle of mostly minor earnings reports throughout the last month, the big banks unofficially kick off the earnings season this week.
JPMorgan Chase (JPM), Goldman Sachs (GS), Bank of America (BAC), Wells Fargo (WFC), and Citibank (C) all report on Tuesday, followed by Morgan Stanley (MS) and fellow financial services giant BlackRock (BLK) on Wednesday.
Other names to watch include pharmaceutical leader Johnson & Johnson (JNJ), industrial giant Kinder Morgan (KMI), and airline leader United Airlines (UAL) on Wednesday, followed by AI bellwether Taiwan Semiconductor Manufacturing Company (TSM), tech bastion Netflix (NFLX), and healthcare leader UnitedHealth (UNH) on Thursday.
S&P 500 (^GSPC) closed out Friday up 0.4% for a gain of 1.2% on the week. The Dow gained 0.3% on Friday but still closed the week on a loss of 0.5%. The Nasdaq picked up 0.3% on Friday to close the week up 1.7%.
After a slow trickle of mostly minor earnings reports throughout the last month, the big banks unofficially kick off the earnings season this week.
JPMorgan Chase (JPM), Goldman Sachs (GS), Bank of America (BAC), Wells Fargo (WFC), and Citibank (C) all report on Tuesday, followed by Morgan Stanley (MS) and fellow financial services giant BlackRock (BLK) on Wednesday.
Other names to watch include pharmaceutical leader Johnson & Johnson (JNJ), industrial giant Kinder Morgan (KMI), and airline leader United Airlines (UAL) on Wednesday, followed by AI bellwether Taiwan Semiconductor Manufacturing Company (TSM), tech bastion Netflix (NFLX), and healthcare leader UnitedHealth (UNH) on Thursday.
19 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
American Express and Discover both offer a rewarding range of credit cards — with some big differences that set them apart.
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No matter your credit-building or rewards goals, there's likely an American Express or Discover credit card that can help you get there. But before you decide, it's important to know what exactly you can get with each one.
American Express
American Express and Discover both offer a rewarding range of credit cards — with some big differences that set them apart.
American Express has a broad catalog, including cash-back cards with some of the highest earning rates available today, premium travel rewards cards, and co-branded cards with multiple airlines and hotels. Discover, on the other hand, is more streamlined and focused on no annual fee cards with solid cash-back earnings.
No matter your credit-building or rewards goals, there's likely an American Express or Discover credit card that can help you get there. But before you decide, it's important to know what exactly you can get with each one.
American Express
19 days ago
NEW YORK (AP) — Andrew Monasterio and Masataka Yoshida hit two-run homers as the surging Boston Red Sox played after a night of normal rest and extended their winning streak to eight games with a 4-0 victory over the New York Mets on Saturday.
Boston is on its longest winning streak since taking 10 in a row from July 4-13 last year. The Red Sox have won 13 of 15 and 16 of 21.
The Red Sox arrived late for Friday's series opener after flight trouble stranded them in Chicago for nearly 24 hours. Boston poked fun at the ordeal by sporting white T-shirts that read “Show and Go Airlines, See You at 4:15."
Following a leadoff walk to Caleb Durbin in the fourth, Monasterio gave put the Red Sox ahead by hitting a fastball from Freddy Peralta (5-8) into the left-field seats. Durbin singled off Tobias Myers starting the righth and Yoshida lifted a 1-0 cutter into the right-field seats.
Eduardo Rivera started with 3 1/3 hitless innings in his first big league start, allowing Jorge Polanco's single on his final pitch.
Boston is on its longest winning streak since taking 10 in a row from July 4-13 last year. The Red Sox have won 13 of 15 and 16 of 21.
The Red Sox arrived late for Friday's series opener after flight trouble stranded them in Chicago for nearly 24 hours. Boston poked fun at the ordeal by sporting white T-shirts that read “Show and Go Airlines, See You at 4:15."
Following a leadoff walk to Caleb Durbin in the fourth, Monasterio gave put the Red Sox ahead by hitting a fastball from Freddy Peralta (5-8) into the left-field seats. Durbin singled off Tobias Myers starting the righth and Yoshida lifted a 1-0 cutter into the right-field seats.
Eduardo Rivera started with 3 1/3 hitless innings in his first big league start, allowing Jorge Polanco's single on his final pitch.
19 days ago
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Taiwan Semiconductor, Goldman Sachs, JPMorgan Chase, GE Aerospace headline the first big earnings week. Key inflation reports and Federal Reserve Chairman Kevin Warsh also are on tap.
The stock market had a mixed but generally positive week, even as oil prices rebounded. The S&P 500 and Nasdaq had strong gains while the Dow Jones edged lower, but right at all-time highs.
Cisco Systems (CSCO), Robinhood Markets (HOOD), Sandisk (SNDK), Micron Technology (MU) and Nvidia (NVDA) are stocks around buy areas. Meanwhile, ******* e Exploration Technologies (SPCX), better known as ******* eX, hit a new low.
Nvidia chipmaker Taiwan Semiconductor (TSM) and ASML (ASML) kick off chip earnings, while Goldman Sachs (GS), Morgan Stanley (MS), JPMorgan Chase (JPM) lead a slew of big banks. GE Aerospace (GE), UnitedHealth (UNH), J.B. Hunt Transport Services (JBHT), United Airlines (UAL) and American Airlines (AAL) also are ahead. All are setting up in various fashions.
On Tuesday, investors will get the June CPI inflation report, with PPI inflation on Wednesday. Fed chief Warsh will testify before Congress on those two days.
The stock market had a mixed but generally positive week, even as oil prices rebounded. The S&P 500 and Nasdaq had strong gains while the Dow Jones edged lower, but right at all-time highs.
Cisco Systems (CSCO), Robinhood Markets (HOOD), Sandisk (SNDK), Micron Technology (MU) and Nvidia (NVDA) are stocks around buy areas. Meanwhile, ******* e Exploration Technologies (SPCX), better known as ******* eX, hit a new low.
Nvidia chipmaker Taiwan Semiconductor (TSM) and ASML (ASML) kick off chip earnings, while Goldman Sachs (GS), Morgan Stanley (MS), JPMorgan Chase (JPM) lead a slew of big banks. GE Aerospace (GE), UnitedHealth (UNH), J.B. Hunt Transport Services (JBHT), United Airlines (UAL) and American Airlines (AAL) also are ahead. All are setting up in various fashions.
On Tuesday, investors will get the June CPI inflation report, with PPI inflation on Wednesday. Fed chief Warsh will testify before Congress on those two days.
19 days ago
We recently published Jim Cramer Insisted Recent AI Chip Selloff Wasn't A Bottom & Discussed These 17 Stocks. The Boeing Company (NYSE:BA) is one of the stocks discussed by Jim Cramer.
Aerospace giant The Boeing Company (NYSE:BA)'s shares are up by 4.2% over the past year and are flat year-to-date. Jefferies and Wells Fargo discussed the firm in early June. The former reiterated a $295 share price target and a Buy rating on the stock, while the latter kept an Overweight rating and a $250 share price target. Cramer has been one of The Boeing Company (NYSE:BA)'s strongest supporters and has kept the faith in the firm during its tumultuous times. In 2025, he was one of the first to suggest that the company's cash flows under CEO Kelly Ortberg might be improving after it had suffered from production slowdowns following the FAA's orders. The CNBC TV host has praised Ortberg on multiple occasions, and this time, he commented on The Boeing Company (NYSE:BA)'s recent share price performance:
"Impressive catch-up move by Boeing after big run in airlines. Honeywell Aerospace starting its take-off.
"With Boeing and GE Aerospace taking off it might be worth it to buy some HONA which reversed after a very good run. All three are pure play aero but HONA has the most upside imo"
Jirat Teparaksa/Shutterstock.com
Aerospace giant The Boeing Company (NYSE:BA)'s shares are up by 4.2% over the past year and are flat year-to-date. Jefferies and Wells Fargo discussed the firm in early June. The former reiterated a $295 share price target and a Buy rating on the stock, while the latter kept an Overweight rating and a $250 share price target. Cramer has been one of The Boeing Company (NYSE:BA)'s strongest supporters and has kept the faith in the firm during its tumultuous times. In 2025, he was one of the first to suggest that the company's cash flows under CEO Kelly Ortberg might be improving after it had suffered from production slowdowns following the FAA's orders. The CNBC TV host has praised Ortberg on multiple occasions, and this time, he commented on The Boeing Company (NYSE:BA)'s recent share price performance:
"Impressive catch-up move by Boeing after big run in airlines. Honeywell Aerospace starting its take-off.
"With Boeing and GE Aerospace taking off it might be worth it to buy some HONA which reversed after a very good run. All three are pure play aero but HONA has the most upside imo"
Jirat Teparaksa/Shutterstock.com
