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Airlines Stocks up in Morning Trading with United Airlines Rising 9.3%
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03-08
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on Wednesday after the carrier cut its profit forecast for the current quarter, citing weakening pricing power despite expectations for record tr","content":"<html><head></head><body><p>Airlines stocks up in morning trading on Wednesday; United Airlines rose 9.3%; Delta Air Lines rose 4.5%; Spirit Airlines, American Airlines rose 3%; Southwest Airlines rose 2%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/fe5d1483a780f865394b04ed729115ca\" title=\"\" tg-width=\"443\" tg-height=\"206\"/></p><p>United Airlines forecast a stronger-than-expected profit in the current quarter on Tuesday, after third-quarter earnings topped Wall Street expectations on improved pricing power.</p><p>In a sign of growing confidence in its business, the Chicago-based airline also announced a $1.5 billion share buyback program - its first since the COVID-19 pandemic.</p><p>United said it expects an adjusted profit of $2.50 to $3 per share in the quarter through December. Analysts expect the company to report a quarterly profit of $2.68 a share, according to LSEG data.</p><p>The airline said its domestic unit revenue, a proxy for pricing power, turned positive in August and September from a year ago.</p><p>An excess supply of airline seats in the domestic market during the summer travel season had forced carriers to discount fares, hurting their earnings.</p><p>U.S. airlines have moderated capacity since then. 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAirlines Stocks up in Morning Trading with United Airlines Rising 9.3%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-10-16 22:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Airlines stocks up in morning trading on Wednesday; United Airlines rose 9.3%; Delta Air Lines rose 4.5%; Spirit Airlines, American Airlines rose 3%; Southwest Airlines rose 2%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/fe5d1483a780f865394b04ed729115ca\" title=\"\" tg-width=\"443\" tg-height=\"206\"/></p><p>United Airlines forecast a stronger-than-expected profit in the current quarter on Tuesday, after third-quarter earnings topped Wall Street expectations on improved pricing power.</p><p>In a sign of growing confidence in its business, the Chicago-based airline also announced a $1.5 billion share buyback program - its first since the COVID-19 pandemic.</p><p>United said it expects an adjusted profit of $2.50 to $3 per share in the quarter through December. Analysts expect the company to report a quarterly profit of $2.68 a share, according to LSEG data.</p><p>The airline said its domestic unit revenue, a proxy for pricing power, turned positive in August and September from a year ago.</p><p>An excess supply of airline seats in the domestic market during the summer travel season had forced carriers to discount fares, hurting their earnings.</p><p>U.S. airlines have moderated capacity since then. Annual domestic seat growth has slowed to 1.5% in October and November from 5.5% in July, according to analysts at BofA.</p><p>"As predicted, unproductive capacity left the market in mid-August, and we saw a clear inflection point in our revenue trends that propelled United to exceed Q3 expectations," United CEO Scott Kirby said in a statement.</p><p>Last week, rival Delta Air Lines also reported an improvement in its unit revenue in the third quarter and said the trend was expected to continue through year end.</p><p>Capacity adjustments as well as a more than 20% year-on-year decline in jet fuel prices in North America have bolstered the industry's earnings outlook, driving up airline shares.</p><p>The NYSE Arca Airline index (.XAL), is up 28% since early August, outpacing a 12% jump in the broader S&P 500.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","SAVE":"Spirit Airlines","UAL":"联合大陆航空","DAL":"达美航空","AAL":"美国航空","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4500":"航空公司","ULCC":"Frontier Group Holdings, Inc.","BK4008":"航空公司","LUV":"西南航空","BK4547":"WSB热门概念","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","BK4585":"ETF&股票定投概念","ALK":"阿拉斯加航空集团有限公司","BK4588":"碎股"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2439338525","content_text":"Airlines stocks up in morning trading on Wednesday; United Airlines rose 9.3%; Delta Air Lines rose 4.5%; Spirit Airlines, American Airlines rose 3%; Southwest Airlines rose 2%.United Airlines forecast a stronger-than-expected profit in the current quarter on Tuesday, after third-quarter earnings topped Wall Street expectations on improved pricing power.In a sign of growing confidence in its business, the Chicago-based airline also announced a $1.5 billion share buyback program - its first since the COVID-19 pandemic.United said it expects an adjusted profit of $2.50 to $3 per share in the quarter through December. Analysts expect the company to report a quarterly profit of $2.68 a share, according to LSEG data.The airline said its domestic unit revenue, a proxy for pricing power, turned positive in August and September from a year ago.An excess supply of airline seats in the domestic market during the summer travel season had forced carriers to discount fares, hurting their earnings.U.S. airlines have moderated capacity since then. Annual domestic seat growth has slowed to 1.5% in October and November from 5.5% in July, according to analysts at BofA.\"As predicted, unproductive capacity left the market in mid-August, and we saw a clear inflection point in our revenue trends that propelled United to exceed Q3 expectations,\" United CEO Scott Kirby said in a statement.Last week, rival Delta Air Lines also reported an improvement in its unit revenue in the third quarter and said the trend was expected to continue through year end.Capacity adjustments as well as a more than 20% year-on-year decline in jet fuel prices in North America have bolstered the industry's earnings outlook, driving up airline shares.The NYSE Arca Airline index (.XAL), is up 28% since early August, outpacing a 12% jump in the broader S&P 500.","news_type":1},"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":282115264680096,"gmtCreate":1709901762550,"gmtModify":1709903877477,"author":{"id":"4095558658558710","authorId":"4095558658558710","name":"QQWW","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095558658558710","authorIdStr":"4095558658558710"},"themes":[],"htmlText":"","listText":"","text":"","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/282115264680096","repostId":"1154987173","repostType":2,"isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":360729761681552,"gmtCreate":1729094612884,"gmtModify":1729094886675,"author":{"id":"4095558658558710","authorId":"4095558658558710","name":"QQWW","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095558658558710","authorIdStr":"4095558658558710"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360729761681552","repostId":"2439338525","repostType":2,"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":282115264680096,"gmtCreate":1709901762550,"gmtModify":1709903877477,"author":{"id":"4095558658558710","authorId":"4095558658558710","name":"QQWW","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095558658558710","authorIdStr":"4095558658558710"},"themes":[],"htmlText":"","listText":"","text":"","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/282115264680096","repostId":"1154987173","repostType":2,"repost":{"id":"1154987173","pubTimestamp":1709901122,"share":"https://ttm.financial/m/news/1154987173?lang=&edition=fundamental","pubTime":"2024-03-08 20:32","market":"us","language":"en","title":"Palantir Rises As Wedbush Bumps Price Target After AIPCon","url":"https://stock-news.laohu8.com/highlight/detail?id=1154987173","media":"seekingalpha","summary":"Palantir Technologies shares rose nearly 2% in premarket trading on Friday after Wedbush Securities raised its price target on the enterprise software company following its AIPCon conference.\"Our rece","content":"<html><head></head><body><p>Palantir Technologies shares rose nearly 2% in premarket trading on Friday after Wedbush Securities raised its price target on the enterprise software company following its AIPCon conference.</p><p>"Our recent checks on Palantir in the field have been incrementally more bullish as we believe the AIP foundation is becoming viewed by many US enterprises as the 'launching pad of AI use cases,'" analyst Dan Ives wrote in a note to clients.</p><p>"With the AI Revolution now quickly heading towards the key use case and deployment stage, Palantir with its flagship AIP platform and myriad of customer bootcamps is in the sweet spot to monetize a tidal wave of enterprise spend now quickly hitting the shores of the tech sector in our opinion." Ives reiterated his Outperform rating and raised his price target to $35 from $30.</p><p>The recent deal with the U.S. Army for its TITAN project is just a start, as the company's artificial intelligence platform is a "game changer," Ives said.</p><p>"In eye-popping up-times with customers that we spoken with over the past few months completely & fully integrated between 1-4 weeks of signing papers, an impressive feat that speaks to the PLTR AI vision now playing out in the field," Ives explained. "Palantir is continuing to pioneer and guide customers to deploy products, optimize workflows, and produce operational results at industry-leading rates while incorporating privacy-protective features."</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir Rises As Wedbush Bumps Price Target After AIPCon</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir Rises As Wedbush Bumps Price Target After AIPCon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-08 20:32 GMT+8 <a href=https://seekingalpha.com/news/4077581-palantir-rises-wedbush-bumps-price-target-after-aipcon><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir Technologies shares rose nearly 2% in premarket trading on Friday after Wedbush Securities raised its price target on the enterprise software company following its AIPCon conference.\"Our ...</p>\n\n<a href=\"https://seekingalpha.com/news/4077581-palantir-rises-wedbush-bumps-price-target-after-aipcon\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/news/4077581-palantir-rises-wedbush-bumps-price-target-after-aipcon","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1154987173","content_text":"Palantir Technologies shares rose nearly 2% in premarket trading on Friday after Wedbush Securities raised its price target on the enterprise software company following its AIPCon conference.\"Our recent checks on Palantir in the field have been incrementally more bullish as we believe the AIP foundation is becoming viewed by many US enterprises as the 'launching pad of AI use cases,'\" analyst Dan Ives wrote in a note to clients.\"With the AI Revolution now quickly heading towards the key use case and deployment stage, Palantir with its flagship AIP platform and myriad of customer bootcamps is in the sweet spot to monetize a tidal wave of enterprise spend now quickly hitting the shores of the tech sector in our opinion.\" Ives reiterated his Outperform rating and raised his price target to $35 from $30.The recent deal with the U.S. Army for its TITAN project is just a start, as the company's artificial intelligence platform is a \"game changer,\" Ives said.\"In eye-popping up-times with customers that we spoken with over the past few months completely & fully integrated between 1-4 weeks of signing papers, an impressive feat that speaks to the PLTR AI vision now playing out in the field,\" Ives explained. \"Palantir is continuing to pioneer and guide customers to deploy products, optimize workflows, and produce operational results at industry-leading rates while incorporating privacy-protective features.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
