Honeywell Aerospace (HONA) shares rose Monday in their Nasdaq debut, opening above their when-issued closing price and trading as high as $238.19 as investors got their first look at a newly independent aerospace and defense company separated from Honeywell. Honeywell Aerospace had closed at $221.01 last week in when-issued trading, according to Yahoo Finance. The
While travel brings so many people joy, those who do it frequently know that the rush of booking a trip to a new destination is often tempered by the price of the hotel. Accommodation accounts for up to 40% of the trip cost for the average traveler, Hotel News Resource indicates. In fact, creeping increases
JPMorgan’s chief global economist Bruce Kasman titled the bank’s mid-year outlook “Promise and Pressure.” He published it on June 28. The two words are doing a lot of work in a year that has moved faster than most forecasters expected. The promise is that global growth is stabilizing in the second half of 2026. The
Palantir Technologies Inc. (PLTR) confirmed two separate partnerships on Monday, June 29, one with a private aviation startup and one with Nvidia. Most coverage will treat these as routine corporate news. The pattern underneath them is not routine, however. It points to how Palantir plans to defend a valuation that has come under serious pressure
While the collapse of Spirit Airlines at the start of May continues to dominate headlines as the most high-profile airline shutdown of 2026, a number of other small airlines around the world have also seen their finances fall to the point of having to file for bankruptcy and cease operations. Mexican holiday carrier Magnicharters also filed
I have watched plenty of Wall Street veterans hedge their commentary on big corporate breakups. We have had too many qualifiers, too much “time will tell.” This time, I like that Roger Altman did not do that. The Evercore founder, senior chairman, and American investment banker who has advised on some of the largest deals
Apple (AAPL) is on a long-term mission. On a global scale, the buzzword is AI, and Apple is trying to convince investors that artificial intelligence will make its devices more useful, more personal, and more valuable. All of that will contribute to market gains as well. Now AI is impacting Apple in a different way.
While luxury hotels have been built inside everything from a Boeing 727 plane to four meters below the surface of the Indian Ocean, a former prison site hardly feels like the place to kick back and enjoy the good life. But when it comes to the former Hoshinoya Nara Prison in the Japanese prefecture of
The aviation industry has spent years making the case that sustainable fuel is the path to decarbonization. In early March, a global energy shock made that case in a way no industry conference ever could, and simultaneously exposed how fragile the supply chain behind that fuel actually is. SAF prices in California hit an all-time
Contrarian investors make their reputations by being right when everyone else is wrong. The harder trick is knowing when their own bearishness has run its course. The best of them can flip without flinching. Few investors carry a heavier bearish reputation than Michael Burry. The Scion Asset Management founder is the man who shorted the