Shares of Booking and Expedia were both down by percentages in the mid-single digits on Monday afternoon.
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Investors shed risk amid data vacuum, Appaloosa’s Tepper kicks off fund stake disclosures, Disney stumbles, and more news to start your day.
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Bank of America came up with 16 names that investors should consider buying. Renaissance Macro threw out a couple of sector ideas, too.
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Major carriers and industry groups warn that air travel cannot immediately return to full capacity following a deal to reopen the government.
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SoftBank dives further into OpenAI, travel stocks face turbulence after shutdown, rate cuts aren’t helping all consumers, and more news to start your day.
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BigBear.ai surges after striking a deal to acquire a generative AI platform, while Nebius falls after missing analysts’ estimates.
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The Consumer Discretionary Select Sector SPDR ETF seems to have risen so high that it could easily fall if consumer spending shows signs of weakening.
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Metsera falls sharply after Pfizer agrees to buy the weight-loss drug start-up in a deal that could be worth more than $10 billion.
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Air travel nightmares worsen, TSMC sales growth slows, Corning’s bold bid to revive solar industry, and more news to start your day.
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The cruise line reported less revenue than expected and lowered its forecast for an important financial metric.
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Tesla declines after the electric-vehicle maker's shareholders approve a massive pay package for CEO Elon Musk.
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Most major airports across the country are affected.
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Expedia stock was rising after the company said travel demand was strong, and not only for richer customers.
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Air travelers meet the realities of a prolonged government shutdown, holiday retail sales could top $1 trillion, and more news to start your day.
Long Read
Duolingo declines sharply after its bookings forecast misses estimates, and DoorDash tumbles following an earnings miss.
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All three carriers confirmed they would comply with a Federal Aviation Administration directive to reduce flight schedules.
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Shares in AMD rise after the chip maker posts better-than-expected third-quarter earnings and revenue.
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Shares in data analytics software developer Palantir tumble even as the company tops analysts' earnings estimates.
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The company reports adjusted earnings of $1.20 a share as revenue climbs 4.7% to $2.94 billion.
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The Italian supercar maker is bidding to drum up some enthusiasm following an electric-vehicle reveal that didn't quite go to plan.
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Kimberly-Clark agrees to buy Tylenol maker Kenvue in a cash-and-stock deal valued at about $48.7 billion, including debt.
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The casino operator saw its shares fall 15% after its quarterly earnings, mostly attributable to weak Las Vegas revenue. After the pandemic, and with the gambling industry changing, putting most of its chips on Vegas might not have been such a good idea.
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Alphabet stock rises but Microsoft and Meta fall after the tech giants report quarterly earnings.
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Navan raised nearly $1 billion at a more than $6 billion valuation. But the stock is off to a rocky start.
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Nvidia rises after President Donald Trump says he may discuss the company’s advanced Blackwell chips with Chinese President Xi Jinping when they meet Thursday. Earnings are expected Wednesday from Microsoft, Alphabet, and Meta Platforms.
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