Shares of United Airlines (UAL) have soared 30% since the start of January while also passing a buy point last week. X Nevertheless, despite a big beat on fourth-quarter earnings, shares sold off, lik...
Tag: Sputters
Big Oil’s Profits Just Keep Rolling in as World Economy Sputters
(Bloomberg) — Big Oil’s run of record profit will suffer only a minor dent for the third quarter, even as the global economy shows signs of cracking under the pressure of rising inflation and in...
Investors on Guard as Stocks Rally Sputters Ahead of Data Deluge
(Bloomberg) — It’s hard to blame any stock-market investor for being confused right now. Most Read from Bloomberg The S&P 500 and Nasdaq 100 indexes are both coming off their best weeks in a...
Equity Rally Sputters Amid Fizzling Fed-Pivot Talk: Markets Wrap
(Bloomberg) — US index futures and European stocks fell as investors took a pause from a rally driven by bets for less hawkish central banks and sought more evidence that inflation is moderating...