Text size Delta shares are down about 28% from their 52-week highs. Investors are waiting for air traffic to recover from the pandemic. Yuki Iwamura/AFP via Getty Images Delta Air Lines is considering...
Tag: Transportation/Logistics
Ford Stock Is Down For a Very Odd Reason. No, Production Guidance Wasn’t Cut.
Auto investor nerves are frayed as they deal with Russia, inflation and the persistent chip shortage. Scott Olson/Getty Images Text size Automotive News incorrectly reported over the weekend that Ford...
Yale professor is keeping tabs on companies still operating in Russia despite Ukraine invasion — and the list includes some household names
A Yale professor and his research team are keeping tabs on companies that are still operating in Russia in the wake of its invasion of neighboring Ukraine — and the list includes many household names....
BP to Exit 20% Stake in Russia’s Rosneft
Russia’s aggressions in Ukraine prompted reactions from companies such as BP and United Parcel Service as well as Norway’s sovereign wealth fund as the world continues to raise pressure on President V...
Companies Are Starting to Worry About the Russia Issue
Text size The Alcoa headquarters in Pittsburgh. CEO Roy Harvey said a Russia-Ukraine conflict could affect demand. Justin Merriman/Bloomberg The standoff between Russia and Ukraine has been causing pa...
Virgin Galactic Stock Surges. Reservations for Space Will Open Wednesday.
Text size Reservations for Virgin’s space tourist flights will open Wednesday. Courtesy Virgin Galactic Space tourism pioneer Virgin Galactic is getting closer to commercial operations. The comp...
The Chip Shortage Has Made These 4 Stocks a Buy
Text size GlobalFoundries, which makes basic chips for everything from cars and phones to toys and power tools, says chip capacity is growing at half the needed pace. Liesa Johannssen-Koppitz/Bloomber...
Uber’s New Earnings Outlook Leaves Investors Hungry for More
Uber Technologies Inc. spooked investors with a midterm earnings forecast that fell short of expectations and overshadowed the company’s pledge to be cash-flow positive by the end of this year. Chief ...
Ford Takes More Capacity Offline Because of Trucker Blockade in Canada
Text size Demonstrators against Covid-19 vaccine mandates block the roadway at the Ambassador Bridge border crossing, in Windsor, Ontario, Canada on Feb. 9. Geoff Robins / AFP via Getty Images Ford Mo...
Nearly two years into the pandemic, Uber and Lyft still looking for a consistent lane
Nearly two years into the COVID-19 pandemic, the ride-hailing industry is still seeking stability. Uber Technologies Inc. UBER, +7.27% and Lyft Inc. LYFT, +3.63% are scheduled to release fourth-quarte...
Opinion: Amid a global chip shortage, Intel is making less money — how did that happen?
Intel INTC, -2.48% was the world’s largest chipmaker until 2021, when it was dethroned by Samsung. Though Samsung’s main business is memory chips, which is a different segment of the market to Intel’s...
Bears beware. Past corrections for the S&P 500 are only 15% on average, outside of recessions
Even after a rough January for Wall Street, it might take the U.S. economy slipping into a recession before the S&P 500 index risks entering a bear market, according to Oxford Economics. “Equities...
What to expect from markets in the next six weeks, before the Federal Reserve revamps its easy-money stance
Federal Reserve Chairman Jerome Powell fired a warning shot across Wall Street last week, telling investors the time has come for financial markets to stand on their own feet, while he works to tame i...
Buy Wizz Air Stock: The Case for Buying an Airline With Exposure to Russia and Ukraine
Wizz Air, the low-cost carrier, is expanding rapidly in Central and Eastern Europe. Chris J. Ratcliffe/Bloomberg Text size The composition of European airspace has dramatically changed in the past wee...