American Airlines(AAL) stock is up more than 10% in early afternoon trading. The company expects to report its first pretax quarterly profit since the start of the pandemic. AAL stock reflects growing enthusiasm, although investors should consider the quality of earnings. Source: GagliardiPhotography / Shutterstock.comFew other industries have suffered as catastrophic of a collapse as air travel. That makes the recent news forAmerican Airlines(NASDAQ:AAL) stock that much sweeter. For the upcoming second quarter, management expects to post itsfirst pretax profitsince the start of the pandemic. Robust demand has bolstered the airline industry, leading to AAL stock gaining nearly 10% so far today.Like AAL, analysts expect many major U.S. airlines to post some of their strongest earnings since

Singapore Airlines stock price: what’s the latest?Singapore Airlines and Scoot, the two airlines in the SIA Group, carried a total of 1.45 million passengers in May 2022, up 62.7% from the previous month.Group passenger capacity (measured in available seat-kilometres) reached 57% of pre-Covid-19 levels in May 2022, six percentage points above the month before.The passenger load factor for the month stood at 72.7%, which is the highest since the onset of the pandemic, the group said. This was an improvement of 18.2 percentage points month-on-month or 59 percentage points year-on-year.The blue-chip counter, which has an average price target of S$5.Why did DBS rate SIA a ‘buy’?Earlier that same day, DBS analysts also published their latest investment analysis on the SIA stock, in which they l

Ascendas REIT stock price: The blue-chip counter, which has an average price target of S$3.307 and rating of ‘outperform’ (based on SGX StockFacts data) is also down 7% year-to-date.OCBC analysts provided the latest price estimate and thesis on AREIT. They lowered their price target on the stock to S$3.43 from S$3.84 previously, but maintained a ‘buy’ rating.What about the proposed acquisitions?On Monday (09 May 2022), Ascendas Funds Management (S) Limited, the manager of AREIT, announced the proposed acquisition of a portfolio of seven logistics properties located across Chicago, Illinois, US, from BREIT Industrial HS Property Owner LLC, BREIT Industrial Canyon IL1M03 LLC, BCORE Jupiter NEMW 1 LLC and Icon Pac Owner Pool 4 Northeast/Midwest, LLC, third-party vendors.The seven target prope

Spero Therapeutics(SPRO) stock is getting a boost from U.S. Food and Drug Administration (FDA) news. That includes positive feedback for its complicated urinary tract infection (cUTI) treatment. The company is now planning an additional Phase 3 clinical trial of tebipenem HBr. Source: ShutterstockSpero Therapeutics(NASDAQ:SPRO) stock is climbing higher on Wednesdaythanks to positive feedbackfrom the U.S. Food and Drug Administration (FDA).The news concerns plans for the company to resubmit tebipenem HBr for the treatment of complicated urinary tract infection (cUTI). During a Type A meeting, the FDA said “positive results from an additional Phase 3 trial […] could be sufficient to support the approval of tebipenem HBr for cUTI.”It’s worth noting that Spero has already conducted a Phase 3 c

We remain in a directionless market. And that’s why dividend stocks are your best choice right now.And by dividend stocks, I don’t mean stocks with huge dividends. I mean stocks that have the ability to grow in any market and deliver a solid, reliable dividend that you can reinvest in more stock (in many cases), accumulate for new share purchases or use as income.These are really what investing insiders call total return stocks. They provide solid income and capital gains growth. And the combination can be very beneficial, especially in rudderless markets like the one we’re in.What’s more, even when the economy starts to head in a clearer direction, these stocks will shine since economic growth powers their growth as it has for decades.And in down markets, these are the rock-solid stocks t

$XIAOMI-W(01810)$ $Xiaomi Corp.(XIACY)$ As the managing director who brought smartphone vendor Xiaomi to India in 2014, Manu Kumar Jain was the face of the Chinese-owned company. He even danced in its ad campaigns.Under Jain, Xiaomi’s rise was swift. It jumped from 6 per cent of India’s smartphone market in 2016 to 27 per cent three years later, beating Indian brands and South Korea’s Samsung and paving the way for other Chinese marques. Today, about three-quarters of India’s market is controlled by Chinese-owned companies.With Jain the poster boy for India’s mobile phone revolution, Xiaomi says it has sold more than 200mn smartphones in the $38bn revenue market. But that meteoric rise is at risk, with India’

The big news here is Palantir seeking to become the underlying operating system for the NHS. It’s already been working with the U.K. as the main source of its data analytics for its Covid-19 pandemic response.Palantir wants to use its Foundry system to manage the data of millions of patients in the U.K. This has it seeking out a £360 million contract that would last for five years to handle that data for the country.While there are concerns about a U.S. company handling U.K. NHS data, Palantir is attempting to ease these worries. This has seen it hire two former senior NHS officials. They are Indra Joshi, former NHS head of artificial intelligence, and Harjeet Dhaliwal, former NHS deputy to Ming Tang, the agency’s England data chief.If Palantir does manage to secure the deal, it could be a

In fact, we are probably already in a recession now, but that won’t be known until sometime in July. In any case, these rebound stocks will be the ones investors flock to first as it becomes clear that economic growth is returning.This is a high-quality company, with good earnings prospects, brand names, and dividends that their earnings can more than cover their dividends.Let’s dive in and look at the stock.The Coca-Cola Company (KO)Market Cap: $257.292 billionCoca-Cola(NYSE:KO) is the ultimate brand name icon company and its revenue and earnings are forecast to grow incrementally from $41.9 billion in 2022 to $44.05 billion in 2023. Moreover, analysts forecast earnings growth from $2.37 in 2021 to$2.47 in 2022 and $2.65 in 2023.This puts KO stock on a forward P/E multiple of ju

Chinese tech stocks likeAlibaba(BABA) are now no more battered than their American brothers. China’s crackdown has placed a new emphasis on exports of software and services. Don’t expect a return to the heights, but I expect rising prices from here. American tech investors tossed Chinese tech stocks likeAlibaba Group Holding(NYSE:BABA),JD.com(NASDAQ:JD), andPinduoduo(NASDAQ:PDD) away months ago. I kept a few Alibaba shares, but their value is down by half.Today, American tech stocks are also in a bear market. Money-losing stocks doing important work likeCloudflare(NYSE:NET) are down by more than the Chinese giants.But if I have learned anything in 40 years covering technology, it’s that while tech can find a bear market first, it’s the first sector to climb out. That’s because tech deliver

Reddit unexpectedly became one of the most talked-about platforms in the investing world. Its forum, called WallStreetBets, was at the center of the retail trading frenzy which took the stock market by storm early last year. Though its impact has cooled off considerably, the power of social media cannot be denied. Reddit is a social media platform that allows users to comment and share links on multiple topics of interest. Investors can rally around a community to induce a short squeeze, and more importantly for investors. Regardless of what one might think about the meme stock mania, it’s a phenomenon here to stay. Disney (DIS) Disney (NYSE:DIS) has earned the right to be called the uncontested ruler of content. It dominates the theme-park business and the box office, effectively making

$Walt Disney(DIS)$ Disney (NYSE:DIS) is in the news once again. It is offering a 25% discount for rooms at certain Disney resorts from July 8 through Sept. 30 for Disney Plus subscribers. The announcement has not had a major impact on the DIS stock price, which has remained under pressure since the start of the year. The pandemic was disruptive for the company. Disneyland is one of the most iconic parks globally, and it’s been a favorite destination for many people for decades now. However, due to Covid-19, Disney’s amusement parks had to shut down, leading to massive losses. Then, the broader economic environment soured at the start of this year. Inflation fears are leading the Federal Reserve to take aggressive actions, including interest rate hike