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World news
from24/7 Wall St.
3 days ago

S&P 500 Clinches 7000, Extends Gains After Traffic Returns to Hormuz Strait

S&P 500 closed above 7,000 for the first time, driven by progress in Iran war negotiations and a broader market rally.
World news
fromFast Company
1 week ago

U.S.-Iran ceasefire sends Wall Street soaring with crude oil prices down 16%

Wall Street surged as oil prices dropped 16% following a U.S.-Iran ceasefire, boosting major stock futures significantly.
World news
fromFortune
1 week ago

Asian stocks rally after Trump's Iran ceasefire and 'immediate' Hormuz opening-even as it remains unclear how open the strait actually is | Fortune

Asian markets surged due to a two-week ceasefire between the U.S. and Iran, boosting investor confidence despite unclear details about the Strait of Hormuz.
US news
fromFortune
1 month ago

Dow, Nasdaq, S&P all falling as oil spikes briefly over $120 per barrel | Fortune

Wall Street futures and global markets declined sharply as Iran conflict intensified, oil prices spiked near $120 per barrel, and airline stocks fell due to rising fuel costs.
Business
from24/7 Wall St.
4 months ago

Wall Street is Pounding the Table Over Delta Airlines, Salesforce, and Toast

Airline stocks are rising on holiday travel, revenue strength, and upgrades; analysts also favor Salesforce and Toast with reiterated buy/overweight ratings and price targets.
Business
from24/7 Wall St.
4 months ago

Stock Market Live December 4: S&P 500 (SPY) Flat Ahead of Potential Rate Cuts

Investors increasingly expect a December interest-rate cut as labor-market weakness and rising layoffs lift cut odds, while airline stocks rebound and the government focuses on robotics.
fromBusiness Insider
7 months ago

Frontier stands to be the big winner from Spirit's 2nd bankruptcy

Spirit Airlines' latest bankruptcy filing has Wall Street tapping its rival to flourish. Frontier Airlines' share price jumped 14.5% on Tuesday, as Deutsche Bank analysts upgraded the stock to a "Buy" rating. They also doubled their 12-month price target from $4 to $8. The stock last closed trading at $5.61. Deutsche Bank's Michael Linenberg wrote that Frontier is "best-positioned to be the biggest beneficiary of Spirit's bankruptcy" because it competes the most with the struggling budget airline.
Business
fromBusiness Insider
9 months ago

Delta hits record profits and airline stocks bounce as passengers trade economy for luxury

Delta Air Lines experienced a significant recovery in its financial performance, posting record revenues of $15.5 billion for the second quarter, with pre-tax profits of $1.8 billion.
E-Commerce
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