Author: franperez66q@protonmail.com
A technician prepares to refuel a Delta Airlines aircraft at the Austin-Bergrstrom International Airport on April 10, 2026 in Austin, Texas. Brandon Bell | Getty ImagesU.S. airlines spent 56.4% more on jet fuel in March, the month after the U.S.-Israel strikes on Iran began, than they did in February, U.S. government data released Wednesday shows. U.S. carriers spent $5.06 billion on fuel in March, up from $3.23 billion in February. It was 30% more than what they paid in March 2025, according to the Department of Transportation.Airlines have lowered or scrapped their 2026 forecasts altogether because of the spike in…
Wix.com stock options signal 7.5% move on May 13 earnings Source link
SpaceX’s plan to go public will reportedly give CEO Elon Musk “virtually unchecked executive authority” and limit the rights of shareholders to sue the company. The plan, reported by Reuters today, could prevent shareholder lawsuits like the one that held up a lucrative Musk pay package at Tesla. “Excerpts of SpaceX’s IPO registration statement reviewed by Reuters show the company is combining supervoting shares, mandatory arbitration, stricter rules on shareholder proposals and Texas corporate law to give Musk and other insiders broad control,” Reuters wrote. “At the same time, it sharply limits investors’ ability to challenge management, sue in court…
U.S. Secretary of State Marco Rubio speaks during a press conference in the Brady Press Briefing Room at the White House on May 5, 2026 in Washington, DC. Anna Moneymaker | Getty ImagesAs he heads to a critical meeting to smooth tensions with Pope Leo XIV at the Vatican on Thursday, Secretary of State Marco Rubio is riding a hot streak.He may not have had a response handy when asked his DJ name, but Rubio was otherwise calm, cool and collected during a White House press briefing stand-in appearance on Tuesday that led to #Rubio2028 trending on X.It was a…
Stay informed with free updatesSimply sign up to the Aerospace & Defence myFT Digest — delivered directly to your inbox.Private jets can keep flying into an RAF base in the south-east of England, after a court declined to allow a legal challenge by three rival airports over safety concerns. Oxford, Farnborough and Biggin Hill brought the case against the UK aviation regulator to force it to suspend or restrict commercial operations from RAF Northolt in west London.But a High Court judge on Wednesday dismissed their claim, allowing the military base to remain open for the elites and executives who value…
Amy Howe, chief executive officer of FanDuel Inc., at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Tuesday, April 14, 2026.Aaron Schwartz | Bloomberg | Getty ImagesFanDuel CEO Amy Howe has been ousted from that post after five years at the company, people familiar with the matter told CNBC.Christian Genetski, FanDuel president, will step in to lead the company, according to the people, who asked not to be named in order to speak about internal matters.Howe, head of the nation’s leading sportsbook, has shepherded the sports betting…
Samsung says to discontinue China sales of some consumer electronics products Source link
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. The S & P 500 and Nasdaq touched record highs on Wednesday on progress toward a possible U.S.-Iran peace deal. “Oil went down, interest rates [bond yields] went down, and that allowed a roaring tech rally,” Jim Cramer said. AI and data center infrastructure stocks continued to lead the market higher, helped by a new optical fiber partnership between Corning and Nvidia . “It does matter,” Cramer said, reiterating his view that the economy…
A final push for votes is under way on the last day of campaigning ahead of elections across England, Scotland and Wales. Source link
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 5, 2026. Brendan McDermid | ReutersIt’s hard to find an AI stock that’s not making new highs on a daily basis.Perhaps that’s why options traders are piling into Super Micro Computer, the data-center server play that’s up 15% Wednesday after earnings, but still down 49% from last year’s high.Options volumes skew bullish in the stock, with almost five times more calls than puts traded Wednesday and call premiums accounting for about 90% of options value traded.Three of the biggest trades by dollar…