Stocks making the biggest moves midday: Tesla, Crocs, UBS & more

Victor J. Blue | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Tesla — Shares of the electric vehicle company slipped nearly 2%, despite headline beats on earnings and revenue for Tesla’s first quarter. The company’s net profit was boosted by regulatory credits and a $101 million benefit from selling … Read more

Taxes and inflation will be key themes for markets in the week ahead

Traders on the floor of the New York Stock Exchange. Source: NYSE The final week of April is going to be a busy one for markets with a Federal Reserve meeting and a deluge of earnings news. Hot topics in markets will continue to be inflation and taxes. President Joe Biden is expected to detail … Read more

Open middle seats could reduce Covid exposure of maskless air travelers, CDC study shows

View of the cabin of a Delta flight between Minneapolis and Baltimore on April 25, 2020. Sebastien Duval | AFP | Getty Images Keeping middle seats open on aircraft could reduce passengers’ exposure to the virus that causes Covid-19 by more than half, according to a new study published Wednesday. Researchers from the Centers for … Read more

As Covid pushes more people online, companies that help the web stay speedy are having a moment

Matthew Prince, co-founder and chief executive officer of Cloudflare Inc., speaks during the Wall Street Journal Tech Live global technology conference in Laguna Beach, California, U.S., on Monday, Oct. 21, 2019. The event brings together investors, founders, and executives to foster innovation and drive growth within the tech industry. Martina Albertazzi | Bloomberg | Getty … Read more

Here are Friday’s biggest analyst calls of the day: Nike, Tesla, Southwest, Disney, Delta & more

Here are the biggest calls on Wall Street on Source link

JetBlue puts raises, paid parental leave on hold to cut costs in 2021

A Jet Blue aircraft takes off from Long Beach Airport in Long Beach, CA. Tim Rue | Bloomberg | Getty Images JetBlue Airways on Tuesday laid out a host of cost reductions slated for next year as the worsening coronavirus pandemic upends a recovery in air travel. Top executives’ reduced salaries will continue into 2021 … Read more

Here are Wednesday’s biggest analyst calls of the day: Netflix, Amazon, JetBlue, Foot Locker & more

Here are the biggest calls on Wall Street on Wednesday. Source link

United, JetBlue have 40% upside ahead, JPMorgan says in upgrade to overweight

United Airlines planes, including a Boeing 737 MAX 9 model, are pictured at George Bush Intercontinental Airport in Houston, Texas, March 18, 2019. Loren Elliott | Reuters (This story is for CNBC PRO subscribers only.) Airline stocks have been among the hardest hit by Covid-19 as travel continues to stay at depressed levels, but JPMorgan … Read more

Treasury Department could upsize airline loans as Delta, Southwest opt out, freeing up funds

A member of a ground crew walks past American Airlines planes parked at the gate during the coronavirus disease (COVID-19) outbreak at Ronald Reagan National Airport in Washington, U.S., April 5, 2020. Joshua Roberts | Reuters The Treasury Department on Tuesday said airlines could receive larger federal loans than previously expected after some carriers opted … Read more

United eyes return to JFK next year after a more than 5-year absence

A United Airlines Boeing 737-800 and United Airlines A320 Airbus on seen approach to San Francisco International Airport, San Francisco. Louis Nastro | Reuters United Airlines is planning to resume service at New York’s John F. Kennedy International Airport in 2021,  possibly early in the year, according to people familiar with the matter. The early plans … Read more