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EasyJet’s stock fell on Thursday after the European airline warned the Iran war and higher fuel prices are weighing on customer bookings. The group said it took on roughly £25 million ($34 million) in additional fuel costs in March alone as global oil prices soared, and it expects airline costs to remain tied to volatile fuel prices over the coming months. Shares dropped as much as 8.7%, before paring losses to last trade down 5%.The carrier said it expects to report a headline loss before tax between £540 million and £560 million for the six months to March 31. The…
A United Airlines plane approaches the runway at Denver International Airport on March 23, 2026.Al Drago | Getty ImagesUnited Airlines slashed its 2026 earnings outlook Tuesday as it grapples with a surge in jet fuel prices due to the Iran war.United said it could earn between $7 and $11 a share on an adjusted basis this year, down from its previous forecast of between $12 and $14 a share that it released in January, more than a month before the U.S. and Israel attacked Iran. The carrier, like others, is trimming some of its planned flying this year to reduce…
Anthropic’s Mythos model accessed by unauthorized users, Bloomberg News reports Source link
A SpaceX Falcon 9 rocket is displayed outside a Space Exploration Technologies Corp. facility in Hawthorne, California, on March 26, 2026.Patrick T. Fallon | Afp | Getty ImagesSpaceX said it’s struck a deal with artificial intelligence startup Cursor, obtaining the right to acquire the company for $60 billion later this year, or to pay $10 billion for work they are doing together.”SpaceXAI and @cursor_ai are now working closely together to create the world’s best coding and knowledge work AI,” the company said in a Tuesday post on X.The post landed just as the New York Times published a story saying…
Sir Olly Robbins has defended his decision to approve the peer’s security clearance for the role. Source link
A woman wearing a Gucci belt and bag is seen during Paris Fashion Week in September 2018 Christian Vierig | Getty ImagesKering said Thursday it aims to double profitability and revive its flagship brand Gucci as it announced its highly anticipated strategy to get the company back on track after a year-long luxury slump that hit it harder than its competitors. CEO Luca de Meo announced the strategy seven months after taking over the reins, during which investors’ optimism has mounted that he’ll be able to turn the legacy conglomerate around. “In a nutshell, a model that worked for a decade, is no…
Check out the companies making headlines after the bell : United Airlines — Shares rose about 1% even after the airline posted disappointing guidance for its current quarter and full year as rising fuel prices pressure its outlook. United expects 2026 adjusted earnings of between $7 and $11 per share, down from prior guidance of between $12 and $14 per share. The company also expects adjusted earnings for its current quarter to come in the range of $1 to $2 per share, lower than FactSet’s $2.08 estimate. However, the company’s first-quarter earnings and revenue both beat expectations. Capital One Financial…
Adobe announces $25 billion stock buyback amid AI disruption fears Source link
If Florida officials discover that OpenAI leadership knew of criminal activity and prioritized profits over public safety, “then people need to be held accountable,” Uthmeier said. “I’m a big believer in limited government,” Uthmeier said. “I believe government should only interfere in business activities when you have significant harm to our people. This is that.” OpenAI cooperating with officials Waters told Ars that OpenAI continues to cooperate with the authorities who are investigating the mass shooting and early on “identified a ChatGPT account believed to be associated with the suspect and proactively shared this information with law enforcement.” The company…
US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Thursday, April 16, 2026. Graeme Sloan | Bloomberg | Getty ImagesPresident Donald Trump on Tuesday extended the U.S. ceasefire with Iran, saying the extension was warranted due to Tehran’s government being “seriously fractured.”Trump said the ceasefire would continue “until such time as” Iran’s leaders and representatives submit a “unified proposal” to end the war with the U.S. and Israel.Trump previously had said that the ceasefire would end on Wednesday.Earlier on Tuesday, Trump, during…