What Analysts Think of Delta Air Lines Stock Ahead of Earnings
Delta Air Lines is set to report first-quarter results Wednesday, with analysts having grown more cautious about air travel demand amid rising economic uncertainty.
Delta Air Lines is set to report first-quarter results Wednesday, with analysts having grown more cautious about air travel demand amid rising economic uncertainty.
The Dow Jones Industrial Average, the S&P 500, and the Nasdaq continued their selloff Friday after Trump’s “Liberation Day” tariffs.
Shares of sales intelligence platform ZoomInfo fell 13.4% in the afternoon session after China imposed a 34% tariff on all U.S. imports amid escalating trade war tensions. This was partly in response to the "reciprocal tariffs" announced by the Trump administration the previous day, with levies on Chinese goods estimated to be as high as 50%. The move was the first in a list of anticipated retaliatory measures that could have had investors really worried. The tariffs were also widely seen as a s
Defense companies that have kept U.S.-based supply chains for national security reasons could be relatively insulated from the impact of new tariffs, Morgan Stanley said Friday.
While most of the 'Magnificent 7' Big Tech stocks post double-digit percentage declines, Microsoft's enterprise-heavy, AI-driven business is faring decidedly better.
The trade wars launched by U.S. President Donald Trump have escalated to new heights. Just days after Trump unveiled sweeping new “reciprocal” tariffs on imports from around the world, China on Friday levied a retaliatory 34% tariff on all U.S. products starting April 10. Economists warn that the tariffs will raise the prices of products consumers buy each day — from the grocery aisle to car repairs.
Shares of luxury hotels and casino operator Wynn Resorts (NASDAQ:WYNN) fell 7.8% in the morning session after China imposed a 34% tariff on all U.S. imports amid escalating trade war tensions. This was partly in response to the "reciprocal tariffs" announced by the Trump administration the previous day, with levies on Chinese goods estimated to be as high as 50%.
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 9.7% in the afternoon session after China imposed a 34% tariff on all U.S. imports amid escalating trade war tensions. This was partly in response to the "reciprocal tariffs" announced by the Trump administration the previous day, with levies on Chinese goods estimated to be as high as 50%.
Shares of analog chip manufacturer Texas Instruments (NASDAQ:TXN) fell 6.3% in the afternoon session after China imposed a 34% tariff on all U.S. imports amid escalating trade war tensions. This was especially rough for the US chipmakers because a big chunk of their business leans on demand out of China. The new tariffs not only threaten to erode profit margins but also risk reducing market share.
Shares of iPhone and iPad maker Apple (NASDAQ:AAPL) fell 5.9% in the afternoon session after China imposed a 34% tariff on all U.S. imports amid escalating trade war tensions. This was partly in response to the "reciprocal tariffs" announced by the Trump administration the previous day, with levies on Chinese goods estimated to be as high as 50%.