Business

Business
Business

JetBlue’s earnings beat hides $407 million warning

JetBlue beat earnings estimates and projected a 2028 profit goal, but the airline’s debt, rising fuel costs, and negative margins still threaten JBLU investors. JetBlue Airways (JBLU) gave investors something the troubled airline has rarely lately offered: proof it can charge more without driving customers away. The carrier’s revenue in the second quarter rose 14.5%

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Business

AMC credit upgrade comes with a catch

AMC Entertainment (AMC) has received one of the clearest signs yet that its financial position is improving. S&P Global Ratings raised the issuer credit rating of the movie theater operator to B- from CCC+ with a stable outlook. The ratings firm pointed to improved operating performance, decreased debt, and a pathway to sustainable positive free

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Business

Wells Fargo resets Microsoft stock price target

There is a pattern that keeps repeating in this AI earnings cycle. A company spends heavily on infrastructure. Analysts get nervous about whether the spending will ever pay off. Targets get trimmed. Then the results come in and the conversation shifts. July 29 was Microsoft’s turn to go through that cycle, and the way it

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Business

American Airlines quietly cracks down on refunds

Those who have ever shopped for last-minute flights online will know that airlines will often try to quash the “should I?” doubt by advertising the fact that one fully refund the flight within 24 hours of purchase. In 2012, the U.S. Department of Transportation put in place a new mandate requiring air carriers flying out

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Business

Why cooler PCE inflation data won’t fix today’s mortgage rates

June’s cooling PCE data looks like good news for homebuyers, but high oil prices and Fed caution mean mortgage rates won’t drop anytime soon. On July 30, the Bureau of Economic Analysis released the June Personal Consumption Expenditures price index. The PCE is a key measure of inflation. And the June PCE is an inflation

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Business

AMD CEO doubles down on AI and the stock market

There’s a version of the AI story that gets told a lot right now. Chips. Data centers. Billions of dollars. Nvidia. Everyone has heard it. What doesn’t get told as often is what actually happens when all that infrastructure starts getting used. That’s the part Lisa Su was talking about on July 24 in San

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Business

Morgan Stanley says Bloom can withstand an Oracle project delay

Bloom Energy (BE) makes solid oxide fuel cell systems that allow data centers to generate electricity on-site rather than waiting for a new connection to the power grid. Its Energy Servers provide the constant electricity required by artificial intelligence data centers. One of Bloom’s largest announced deployments recently encountered another obstacle. A proposed natural-gas pipeline

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Business

Jim Cramer spots overlooked winner after aerospace split

Honeywell’s spin-off into three separate public businesses from its massive industrial giant is complete. Investors are just beginning the hard part, Jim Cramer says. The CNBC host sees Honeywell Technologies (HON) and new independent Honeywell Aerospace (HONA) as an interesting long-term setup, comparing the split to General Electric’s multiyear breakdown. He says such targeted companies

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Business

SpaceX turns heads ahead of earnings with new mega deal

SpaceX (SPCX) just got some very good news. The U.S. Space Force awarded the company two task orders worth a combined $1.6 billion to launch 18 Falcon 9 rockets carrying military satellites. The news was announced on July 29. Every launch will lift off from Vandenberg Space Force Base in California, with all 18 due

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Business

Down 45%, is SanDisk stock a bargain buy or value trap?

SanDisk has taken investors on a wild ride in recent months. For instance, SanDisk (SNDK) stock is up roughly 2,240% over the past 12 months, a return that turned a sleepy chipmaker into one of the most talked-about stocks on Wall Street. Then came the drop. The chip stock has fallen 45% from its all-time

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