U.S. stock indexes rose on Wednesday due to stronger-than-expected earnings from major tech companies and growing optimism for AI.
United Airlines (NASDAQ:UAL) reports Q4 earnings, expected to have $2.99 EPS and $14.40B revenue. Stock up 184.10% past year, 14.47% YTD. Analysts see 20% upside.
The Chicago-based company said it had net income of $2.95 per share. Earnings, adjusted for non-recurring costs, came to $3.26 per share. The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.01 per share.
Again, the read-across is excellent for United Airlines, because it also focuses ... then there's probably some upside potential in Wall Street analysts' current expectations for 2025.
Netflix stock soars after strong subscriber gains, Oracle teams with OpenAI and SoftBank in a $500 billion AI infrastructure partnership, and Johnson & Johnson falls after mixed guidance.
United Airlines Holdings Inc. expects a first-quarter profit well ahead of Wall Street’s estimates as the carrier capitalizes on unusually strong demand for premium and international travel.
Netflix stock soars after strong subscriber gains, Oracle teams with OpenAI and SoftBank in a $500 billion AI infrastructure partnership, and Johnson & Johnson posts better-than-expected adjusted fourth-quarter earnings.
Wealthy travelers who fly Delta Airlines are considering switching loyalty programs despite their high statuses. Benjamin Carter, a veterinary chief medical officer, is one of those fliers and is considering using a Big Front Seat option with Spirit Airlines.
JPMorgan Chase & Co bankers worked through the night in a "war room" to assess the impact of U.S. President Donald Trump's inauguration-day executive orders, while global markets braced for volatility following his return to the White House.
Donald Trump presidential inauguration, Martin Luther King Jr. Day federal holiday, earnings expected from Netflix, American Express, United Airlines
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