Airlines

Bank of America and Citigroup post better-than-expected first-quarter earnings, a report says China ordered a halt to Boeing jet deliveries as part of the escalating trade war with the U.S., and Tesla stock rises after its chart forms a ‘death cross.’

Boeing gets caught up in the trade war between the world’s two largest economies.

Investors are more eager to parse management teams’ tones about a potential downturn in their forecasts than first-quarter earnings.

Shares of Nvidia, Apple, and Tesla fall sharply Thursday after each stock soared double-digits Wednesday following President Donald Trump’s move to pause most reciprocal tariffs for 90 days. U.S. Steel, meanwhile, slumps after Trump says he wants the steel maker to remain an American company.

Walmart, Apple, Tesla, and Nvidia shares jump after President Donald Trump says he will be delaying tariffs above 10% on some countries for 90 days.

“As tariffs are implemented, they will have negative consequences for corporate earnings over the coming months,” notes Apollo Chief Economist Torsten Slok.

Delta Air Lines scraps its full-year guidance Wednesday and warns ‘growth has largely stalled’ amid global economic uncertainty.

Apple stock rises after a three-day stretch that has seen shares of the iPhone maker tumble 19%, Broadcom announces a new buyback program of $10 billion, and Humana, CVS Health, and UnitedHealth jump as Medicare boosts payment rates.

Shares of Apple and Tesla tumble as both get their price targets cut by a longtime Wall Street bull, General Motors is downgraded, and MicroStrategy follows Bitcoin lower.

Investors are fearing the worst, but bargain-hunters should consider well-regarded stocks that have been hit hard in recent weeks.

The Texas-based carrier is adding baggage fees and attempting a turnaround just as the industry appears headed for a slump.