Wall Street Lunch: August CPI Won't Phase The Fed

12:01pm, Wednesday, 13'th Sep 2023
August consumer price index aligns with forecasts, Core CPI rose +0.3%. American Airlines lowers Q3 guidance; S&P cuts rating on Advance Auto Parts.
American Airlines Group Inc (NASDAQ: AAL) just joined peers in trimming its expectations for the summer quarter. Shares of the air carrier are down 5.0% at writing.
U.S. air carriers like and American Airlines and Spirit Airlines are cutting their third-quarter profit forecasts due to rising fuel costs and other expenses.

Why Are Airline Stocks Down Today?

11:10am, Wednesday, 13'th Sep 2023
Airline stocks are down on Wednesday as a variety of factors are weighing on the sector and dashing investors' hopes. Starting off the bad news for airline stocks today are expectations for fuel price
American Airlines said that rising costs, including fuel, will dent its upcoming profits.
American Airlines Group (NASDAQ:AAL) and Spirit Airlines led a decline in US airline stocks on Wednesday after they cut third-quarter guidance, citing rising jet fuel costs and price cuts. In a filing
American's cut is a substantial one, driven by higher labor costs following its pay agreement with pilots and elevated fuel prices.
Southwest Airlines and Alaska Airlines trimmed their forecasts earlier this month.
Shares of American Airlines Group Inc. AAL, +0.14% dropped 3.0% toward a four-month low in premarket trading Wednesday, after the air carrier cut its third-quarter earnings outlook, amid higher fuel p
Leisure travel is replacing still-sluggish business travel, and big investors like Warren Buffett's Berkshire Hathaway Inc. NYSE: BRK.B are jumping on board, but airline industry stocks, as a group, h
The increase in the oil price does not bode well for the likes of United Airlines (UAL), Southwest Airlines (LUV) and Alaska Air (ALK).
Year to date, the S&P 500 and other leading market indexes have been strong. However, thanks to interest rates, the Federal Reserve, and growing fears of a recession, we've seen some cracks in the arm

Why American Airlines Stock Fell in August

02:50pm, Friday, 01'st Sep 2023
American reached a deal with its pilots to avoid a potentially costly strike, but paid up to secure it. The airline has other potential headwinds on the horizon.

The Hot List: 7 Stocks That Won the Summer

05:51pm, Thursday, 31'st Aug 2023
With the warmer weather season coming to an end, I wanted to take a look back at some of the hottest summer stock winners of the last few months. While some stocks didn't have the best quarter (thanks
Union members picketed in front of terminals at several airports nationwide on Wednesday.
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