Stocks Edge Higher As Earnings Provide Support, Tesla Sinks To 15-Month Lows, Bitcoin Rebounds: What's Driving Markets Thursday?

All major indices were in the green during midday trading in New York on Thursday. S&P 500 index aiming to snap a four-day losing streak. Airline stocks continued their upward momentum, with the U.S. Jets ETF climbing 2.7%. Bitcoin rallied 4% to reach $63,700 ahead of the halving event.

Upbeat Summer Travel Expected: Buy Airlines ETF?

United Shakes off Plane Delays-and Its Stock Surges

United shares rose more than 15%, on track for their biggest single-day gain since 2010. The airline says corporate travel in the first quarter of the year was up 14% from a year earlier. United expects second-quarter profits of $3.75 to $4.25 a share. International travel demand is surging.

United Airlines Q1 Earnings Preview: Analyst Estimates, Safety Concerns, Underperformance To Delta — Key Items To Watch

United Airlines Holdings Inc will report first-quarter financial results after market close Tuesday, April 16. The airline company is expected to report revenue of $12.45 billion. United Airlines has beaten Street estimates for revenue in six straight quarters. The earnings report comes shortly after rival Delta Air Lines reported earnings per share and revenue that surpassed Street estimates.

Weekly Report: what happened at JETS last week (0408-0412)?

Global airline stocks trade lower as investors brace for earnings

Delta Air Lines Stock Soars Over 50% In Under 6 Months - Can It Fly Higher?

Delta Air Lines, Inc. Reported better-than-expected Q1 earnings on Wednesday. The company's stock is up 17% so far this year. Delta Air Lines stock is the top holding of the U.S. Global Jets ETF. The stock is trading well above its moving averages in the short-term.

Air fares fall during March in the U.S. as the normalization trend continues

Consumer Air fares fall during March in the U.S. As the normalization trend continues. Airline fares were down 7.1% in March compared to a year ago on an unadjusted basis. Core inflation was up 3.8% year-over-year during the month. Delta Air Lines topped estimates with its Q1 earnings report on Wednesday.

Delta leads the airline sector higher after record Q1 earnings

Delta Air Lines' revenue was up 7.8% year-over-year to a record tally of $13.75B. Shares of Delta Air Lines (DAL) rallied 4.88% in premarket action on Wednesday. United Airlines, Southwest Airlines and JetBlue also traded higher after record Q1 earnings.

Delta's Stock Surges Toward A 3-Year High After Revenue Rose To A Record, Fueled By Accelerating Business Travel -- MarketWatch

Shares of Delta Air Lines Inc. Surged 4.6% to a three-year high in premarket trading. The air carrier reported first-quarter profit that rose above expectations. Revenue grew 7.8% to $13.75 billion. The company expects second-quarter EPS of $2.50.

Traders Brace For Inflation Data, June Rate Cut Hopes Hang By Thread: 10 ETFs That Could Be Volatile Wednesday

Annual Consumer Price Index inflation rate for March is expected to rise to 3.4%, up from 3.2% in February. The Bureau of Labor Statistics will release the March inflation data on Wednesday. The most recent inflation report for February came in hotter than expected at 3.8%.

Delta Air Lines Q1 Earnings Preview: Bright Forecast With A Dash Of Boeing Drama, Solar Eclipse Spotlight

Delta Air Lines is set to report first-quarter financial results before market open Wednesday, April 10, 2024. The airline company is expected to report revenue of $12.547 billion and earnings per share of 35 cents. The company has beaten revenue estimates in over 10 straight quarters. Key items to watch include the airline company's performance and overall health of the airline industry.

Solar Eclipse: Stocks Are Expecting a Celestial Boost

Weekly Report: what happened at JETS last week (0401-0405)?

ETFs to Gain & Lose From Higher Oil Price

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Adventure Awaits: Ride the Tourism Wave With These ETFs

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Alaska Air and Southwest stand out in UBS' positive view on the U.S. airline sector

Consumer Alaska Air and Southwest stand out in UBS' positive view on the U.S. Airline sector. Key factor driving the positive bias is potential for cost pressures to moderate and margins to move higher. Buy ratings were doled out on Alaska Air Group, American Airlines Group, Delta Air Lines and Southwest Airlines.

Noteworthy ETF Outflows: JETS