United Airlines raises checked bag fee, following American

United Airlines raises checked bag fee, following American

United Airlines planes at Denver International Airport. Leslie Josephs | CNBC United Airlines is raising the price to check bags, becoming the latest carrier this year to hike a fee that generated more than $5 billion for airlines in the first nine months of 2023 alone. United economy passengers who book domestic tickets starting Feb. … Read more

Warner Bros. Discovery hypes free cash flow. Investors don’t buy it

Warner Bros. Discovery hypes free cash flow. Investors don’t buy it

The “Bobs” from the film Office Space Source: 20th Century Fox | YouTube Listening to Warner Bros. Discovery Chief Executive Officer David Zaslav speak on Friday’s fourth-quarter earnings calls, I couldn’t help but think of a scene in the movie “Office Space.” An employee named Tom meets with two consultants, both named Bob (together, The … Read more

Carvana (CVNA) stock surges on 2023 profit, analyst upgrades

Carvana (CVNA) stock surges on 2023 profit, analyst upgrades

Vehicles are seen on a display at a Carvana dealership on February 20, 2023 in Austin, Texas. Brandon Bell | Getty Images Carvana shares surged 30% Friday morning after posting its first-ever annual profit and receiving a pair of upgrades by Wall Street analysts. The used-car retailer has been trimming inventory and expenses as it … Read more

Nvidia briefly surpasses $2 trillion in market cap during intraday trading

Nvidia briefly surpasses  trillion in market cap during intraday trading

Jensen Huang speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center on November 29, 2023 in New York City. Slaven Vlasic | Getty Images Nvidia briefly surpassed $2 trillion in market cap during intraday trading Friday as its stock continues to rally following the company’s rosy earnings report Wednesday. … Read more

Intuitive Machines stock (LUNR) jumps after Odysseus moon landing

Intuitive Machines stock (LUNR) jumps after Odysseus moon landing

Intuitive Machines’ Nova-C lunar lander on display at NASA’s Marshall Space Flight Center. NASA Shares of Intuitive Machines surged in premarket trading on Friday after the company’s successful first moon landing. Intuitive Machines’ cargo moon lander, “Odysseus,” became the first privately developed spacecraft to land on the lunar surface on Thursday – as well as … Read more

Warner Bros. Discovery (WBD) earnings Q4 2023

Warner Bros. Discovery (WBD) earnings Q4 2023

The exterior of the Warner Bros. Discovery Atlanta campus is pictured after the Writers Guild of America began their strike against the Alliance of Motion Pictures and Television Producers, in Atlanta, Georgia, U.S. May 2, 2023. Alyssa Pointer | Reuters Warner Bros. Discovery missed analyst targets for both profit and revenue in the fourth quarter but … Read more

Intuitive Machines (LUNR) IM-1 moon landing for NASA

Intuitive Machines (LUNR) IM-1 moon landing for NASA

The IM-1 lander “Odysseus” in lunar orbit on Feb. 21, 2024. Intuitive Machines Lunar company Intuitive Machines is going for history on Thursday as it attempts to reach the moon’s surface in what would be the first American lunar landing since the Apollo era. Intuitive Machines’ mission, known as IM-1, aims to soft land near … Read more

AT&T cellular outage in United States disrupts vital services

AT&T cellular outage in United States disrupts vital services

A worker climbs on a cellular communication tower in Oakland, California. Justin Sullivan | Getty Images A cellular outage early on Thursday hit thousands of AT&T users in the United States, disrupting calls and text messages as well as emergency services in major cities including San Francisco. About 70,000 incidents were reported around 10:00 a.m. … Read more

How Wall Street reads IM-1 moon-fueled rally

How Wall Street reads IM-1 moon-fueled rally

Intuitive Machines’ Nova-C lander “Odysseus” deploys from the upper stage of SpaceX’s Falcon 9 rocket to begin the IM-1 mission. NASA TV Much like Intuitive Machines’ spacecraft, its stock has been flying to the moon the past week. In a little over a month since hitting all-time lows, and with its IM-1 mission on the … Read more

Mercedes-Benz shares climb 5% on share buyback, despite ‘exceptional’ uncertainty ahead

Mercedes-Benz shares climb 5% on share buyback, despite ‘exceptional’ uncertainty ahead

Mercedes-AMG GT 43 4MATIC+ on display at Brussels Expo on January 9, 2020 in Brussels, Belgium.  Sjoerd Van Der Wal | Getty Images News | Getty Images Mercedes-Benz shares gained around 5% on Thursday morning after the German carmaker beat fourth-quarter earnings expectations and announced a new share buyback program, despite warning of “exceptional” risks … Read more