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Anadolu | Anadolu | Getty ImagesAmerican Airlines plans to outfit more than 500 of its narrow-body aircraft with Starlink, handing another win to Elon Musk’s SpaceX unit that has made inroads with major carriers for in-flight Wi-Fi.American was evaluating Starlink and Amazon Leo as recently as March for the service. The airline announced Tuesday it would install Starlink on about 500 of its narrow-body Airbus planes, like the A321neo, starting early next year. American spokesman said the carrier doesn’t have immediate plans to change providers on its Boeing fleet, which uses a mix of Viasat and Panasonic.American in January rolled…
Investing.com — Shares of Ulta Beauty Inc. () may move 8.5% when the company reports earnings, according to options data compiled by Bloomberg. The company is scheduled to release earnings on June 2 after the market close. In five of the past eight earnings announcements, the company’s stock price moved more than the amount implied by options. The most recent earnings report on March 12 showed an implied move of 6.7%, while the actual price change was a decline of 19.0%. On December 4, 2025, an implied move of 8.3% preceded an actual gain of 12.4%. On August 28, 2025,…
The Duffer brothers wrapped up their blockbuster series Stranger Things earlier this year and also departed Netflix for a lucrative new production deal with Paramount. But a couple of their production projects remain with Netflix: the animated series Stranger Things: Tales from ’85, which dropped in April to mixed reviews; and the newly released The Boroughs, a supernatural thriller set in a retirement community in the New Mexico desert. I’m happy to report that The Boroughs is a creative home run, with a smart, witty script, terrific ensemble cast, and engrossing central mystery. (Some spoilers below but no major reveals.) Sam…
US President Donald Trump gestures as he speaks to reporters after arriving on the South Lawn of the White House in Washington, DC, on May 15, 2026. Alex Wroblewski | AFP | Getty ImagesPresident Donald Trump and his entire Cabinet will meet at Camp David on Wednesday, a White House official told CNBC on Tuesday, hours after new U.S. strikes in Iran raised concerns about an anticipated peace deal.Trump and his top officials will make the rare trip to the woodsy Maryland retreat to discuss issues both foreign and domestic, a White House official told The New York Post earlier…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Two top European central bankers on Tuesday laid the groundwork for a likely interest rate rise in June as they warned that high oil prices are fuelling wider inflation.European Central Bank executive board member Isabel Schnabel warned that rising inflation meant that “looking through” the energy shock caused by the conflict in the Middle East “is no longer an option in my view” even as talks continue to extend a fragile ceasefire between Iran and the US.“From today’s perspective, I think a…
Northrop Grumman (NOC) has suffered an eye-popping 30% collapse in under two months. While a haircut of this magnitude is sure to grab any trader’s attention, a massive drop does not automatically guarantee an immediate bounce. Attempting to catch a falling knife is a quick way to drain your account. Finding the actual bottom requires patience and a strict reliance on objective technical indicators to identify the correct entry point. The tools I am using to stalk this NOC set-up are the exact same metrics that power my fully automated, rules-based trading platform, Maya . To time this specific entry,…
Critics give Ferrari Luce EV a cool response, shares fall Source link
Jonathan Raa | Nurphoto | Getty ImagesMicron topped a $1 trillion market value for the first time on Tuesday as shares popped 18% on strong artificial intelligence demand for its memory chips. The stock surge came as UBS nearly tripled its price target on the stock from $535 to $1,625 a share, citing long-term agreement opportunities with partially fixed pricing.”We believe the market will start to put a more ‘normal’ multiple on the stock and MU will continue to re-rate higher as more details emerge about the structural changes AI has driven to the entire memory complex,” the firm wrote/The…
A demonstrator holds up a sign outside the Alabama Statehouse in Montgomery, Ala., on Thursday, May, 7 2026.Kim Chandler | APA panel of federal judges on Monday blocked Alabama from using congressional district maps that would dilute the votes of Black people in the 2026 midterm elections.The ruling in U.S. District Court in Birmingham, Ala., sets the stage for the Supreme Court to determine whether the maps, which were first proposed in 2023, can be used by Alabama this year.The three-judge panel issued its ruling in response to the Supreme Court telling it to revisit the question of whether the…
Trowbridge in Somerset, England, on March 15, 2025.Anna Barclay | Getty Images News | Getty ImagesShares of British energy major BP fell sharply on Tuesday after the board announced it had removed Chairman Albert Manifold in a surprise move.The decision to oust Manifold with immediate effect followed “serious concerns” related to governance standards, oversight and conduct, the company said in a statement, without elaborating.”Albert has helped bring a welcome focus and pace to bp’s transformation,” said Amanda Blanc, senior independent director at BP. “However, the board has been surprised and disappointed to learn of governance oversight and conduct issues it…