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Markets

June inflation data will be closely watched by traders in coming week

by Walter Watson
June inflation data will be closely watched by traders in coming week

Investors are turning their attention to inflation data in the week ahead, following this week’s hot jobs data, to further clarify the path of future monetary policy. Market participants are …

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BYD launches its most direct Tesla competitor yet

by Horatio Thompson
BYD launches its most direct Tesla competitor yet

BYD Vice President Yang Dongsheng speaks at a launch event for the Denza N7 electric SUV on July 3, 2023, in Beijing. Bloomberg | Bloomberg | Getty Images BEIJING — …

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Southwest Airlines reaches tentative agreement with mechanics’ union

by Franz Hernandez
Southwest Airlines reaches tentative agreement with mechanics’ union

A worker directs a Southwest Airlines Co. Boeing 737 passenger jet pushing back from a gate at Midway International Airport (MDW) in Chicago, Illinois, U.S., on Monday, Oct. 11, 2021. …

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Delta lifts profit forecast thanks to strong demand and premium tickets

by Franz Hernandez
Delta lifts profit forecast thanks to strong demand and premium tickets

Nurphoto | Nurphoto | Getty Images Delta Air Lines on Tuesday raised its second-quarter forecast and estimated full-year adjusted earnings of $6 a share, at the high end of estimates …

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Boeing supplier Spirit Aerosystems reaches labor deal, ending strike

by Franz Hernandez
Boeing supplier Spirit Aerosystems reaches labor deal, ending strike

An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. …

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What Ford’s buoyant quarterly sales reveal about progress toward its ambitious EV goals

by Horatio Thompson
What Ford’s buoyant quarterly sales reveal about progress toward its ambitious EV goals

Resilient quarterly auto sales from Club name Ford Motor (F) on Thursday bolstered our confidence in the company’s transformation strategy to support its electric vehicle future. Ford reported total U.S. …

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Why airline stocks are up even as disruptions mount

by Franz Hernandez
Why airline stocks are up even as disruptions mount

Travelers are seen ahead of the fourth of July holiday weekend at Hartsfield-Jackson Atlanta International Airport on June 30, 2023, in Atlanta, Georgia. Elijah Nouvelage | AFP | Getty Images …

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Rivian shares are set to pop more than 35% as outlook for EV maker improves, Wedbush says

by Horatio Thompson
Rivian shares are set to pop more than 35% as outlook for EV maker improves, Wedbush says

The Rivian story is “finally” turning around after several difficult quarters, according to Wedbush. “We believe after a number of ‘one step forward, two steps back’ excuses for Rivian and …

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Wall Street opens mostly lower after mixed jobs data

by Anas Siddiqui
Wall Street opens mostly lower after mixed jobs data

The S&P 500 and the Dow have slipped after latest data signalled resilience in the US labour market in the face of the Federal Reserve’s aggressive monetary tightening. The data …

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Wall Street opens mostly lower after mixed jobs data

by Anas Siddiqui
Wall Street opens mostly lower after mixed jobs data

The S&P 500 and the Dow have slipped after latest data signalled resilience in the US labour market in the face of the Federal Reserve’s aggressive monetary tightening. The data …

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