murat4art Airline stocks are on watch again after crude oil prices broke higher once more over the weekend amid ongoing tension between the U.S. and Iran ahead of the expiration of the two-week ceasefire on Tuesday. Industry watchers have noted that average airfares have increased since March 1 due to higher jet fuel expenses. Global airline companies are also expected to react to the crisis by pu...
murat4art Airline stocks are on watch again after crude oil prices broke higher once more over the weekend amid ongoing tension between the U.S. and Iran ahead of the expiration of the two-week ceasefire on Tuesday. Industry watchers have noted that average airfares have increased since March 1 due to higher jet fuel expenses. Global airline companies are also expected to react to the crisis by pulling back on capacity. KLM Royal Dutch Airlines ( KLMR ), United Airlines ( UAL ), Deutsche Lufthansa AG ( DLAKF ), and Cathay Pacific Airways ( CPCAY ) are a few of the major airlines that have already reduced the number of routes they fly. Global capacity for May has been reduced by about 3%, according to data compiled by analytics firm Cirium Ltd. The firm said its initial prediction of 4% to 6% capacity growth for the year is a risk and says a decline of as much as 3% is possible under certain conditions. "It appears extremely likely that more reductions are ahead," warned Cirium consultant Richard Evans. American Airlines ( AAL ) is one of the leading decliners in premarket action on Monday with a 3.1% swing lower. The company denied that it is in merger talks with United Airlines ( UAL ). "While changes in the broader airline marketplace may be necessary, a combination with United would be negative for competition and for consumers," read a statement from American ( AAL ). The US Global Jets ETF ( JETS ) is down 2.2% in the early session. Global airline stocks : Delta Air Lines ( DAL ), American Airlines ( AAL ), Lufthansa ( DLAKY ) ( DLAKF ), United Airlines ( UAL ), International Consolidated Airlines Group ( ICAGY ), Air France-KLM Group ( AFLYY ) ( AFRAF ), Southwest Airlines ( LUV ), Spirit Airlines (SAVEQ), Alaska Airlines ( ALK ), JetBlue Airways ( JBLU ), Sun Country ( SNCY ), Frontier Air Group ( ULCC ), Hawaiian Airlines (HA), Skywest ( SKYW ), Allegiant ( ALGT ), Mesa Air Group (MESA), Air Canada ( ACDVF ), Wizz Air ( WZZAF ), easyJet ( EJTTF ), Ryanair ( ...
Powerful 7.5-Magnitude Quake Hits Northern Japan, Triggers Tsunami Warnings A powerful and shallow 7.5-magnitude earthquake struck off Japan's northeast coast, triggering a tsunami at Kuji Port in Iwate Prefecture. Public broadcaster NHK initially warned that a tsunami up to 10 feet high was expected to hit the Iwate area on Honshu's main island. However, so far, it has been reported to be about 3...
Powerful 7.5-Magnitude Quake Hits Northern Japan, Triggers Tsunami Warnings A powerful and shallow 7.5-magnitude earthquake struck off Japan's northeast coast, triggering a tsunami at Kuji Port in Iwate Prefecture. Public broadcaster NHK initially warned that a tsunami up to 10 feet high was expected to hit the Iwate area on Honshu's main island. However, so far, it has been reported to be about 31 inches high. The quake was reported shortly before 17:00 local time, rattled towers as far away as Tokyo, and forced the suspension of Shinkansen high-speed rail services in Iwate, NHK said. Prime Minister Sanae Takaichi said the government had mobilized an emergency task force and urged citizens in affected areas to evacuate. "Possible damage and casualties are now being looked into," Takaichi told reporters in Tokyo. Japan sits on the Pacific "Ring of Fire," one of the world's most seismically active zones, where multiple tectonic plates collide and generate earthquakes. Since the 2011 Fukushima disaster, when a 9.0-magnitude quake and tsunami sparked triple reactor meltdowns, Japan has overhauled its response and evacuation systems to improve disaster readiness. NHK cited the Tokyo Electric Power Company as saying that no issues were reported at the Fukushima Daiichi and Fukushima Daini nuclear power plants. The Japan Meteorological Agency warned that aftershocks are possible over the next week and could be similar in size to the quake recorded earlier today. Tyler Durden Mon, 04/20/2026 - 06:55
Getty Images Listen below or on the go via Apple Podcasts and Spotify Tariff refund tool will launch on April 20, US Customs says. (00:13) Walmart ( WMT ) tests store back rooms to speed marketplace deliveries: FT. (01:01) Google ( GOOG ) ( GOOGL ) is said to explore new AI chip partnership with Marvell ( MRVL ). (01:54) This is an abridged transcript. Importers seeking tariff refunds will be able...
Getty Images Listen below or on the go via Apple Podcasts and Spotify Tariff refund tool will launch on April 20, US Customs says. (00:13) Walmart ( WMT ) tests store back rooms to speed marketplace deliveries: FT. (01:01) Google ( GOOG ) ( GOOGL ) is said to explore new AI chip partnership with Marvell ( MRVL ). (01:54) This is an abridged transcript. Importers seeking tariff refunds will be able to submit requests starting today. The electronic application process comes two months after the Supreme Court ruled that President Trump exceeded his authority in using the International Emergency Economic Powers Act to impose sweeping tariffs on goods from almost every trading partner. The initial phase of refunds is expected to cover roughly $127B of the ~$166B in tariffs collected. The U.S. Customs and Border Protection has been managing the process, which includes interest payments. The portal opens at 8am. We’re taking a deeper dive into this topic in the Wall Street Breakfast newsletter. Here’s a link to register . Walmart ( WMT ) is testing a new strategy in its competition with Amazon ( AMZN ). The company is using storage space in the back rooms of stores to speed up delivery of products sold by third-party marketplace sellers , the Financial Times reported Sunday. Walmart’s online marketplace offers roughly 500 million items from outside merchants, who keep ownership of goods until they sell and pay Walmart commissions and shipping fees. Traditionally, these sellers store inventory at their own facilities or Walmart ( WMT ) warehouses. Orders shipped from Walmart ( WMT ) sites usually arrive within one or two days, while direct shipments from sellers can take longer. Now Walmart ( WMT ) is experimenting with holding select marketplace products inside stores, allowing same-day delivery in some cases. The pilot is underway in several Dallas-area stores, a market Walmart has often used to test new ideas. Alphabet’s Google ( GOOG ) ( GOOGL ) is in discussions with M...
MeiraGTx (MGTX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
MeiraGTx (MGTX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
hapabapa/iStock Editorial via Getty Images Novo Nordisk ( NVO ) announced on Monday that its HIBISCUS pivotal Phase 3 trial for etavopivat, an experimental therapy for sickle cell disease (SCD), reached both co-primary endpoints, and the company plans to seek regulatory approval for the drug this year. According to topline data, the 52-week trial for 385 people aged 12 years and above with SCD rea...
hapabapa/iStock Editorial via Getty Images Novo Nordisk ( NVO ) announced on Monday that its HIBISCUS pivotal Phase 3 trial for etavopivat, an experimental therapy for sickle cell disease (SCD), reached both co-primary endpoints, and the company plans to seek regulatory approval for the drug this year. According to topline data, the 52-week trial for 385 people aged 12 years and above with SCD reached co-primary endpoints, as etavopivat, in comparison to placebo, led to a greater reduction in vaso-occlusive crises and a greater improvement in hemoglobin (Hb) response. The oral, once-daily therapy also indicated a safety profile consistent with its prior studies, Novo ( NONOF ) said, adding that in an exploratory analysis, etavopivat significantly cut the risk of blood transfusion. The company plans to submit HIBISCUS data, seeking the first regulatory nod for etavopivat in H2 2026, and present the detailed results from the trial at a future medical event. More on Novo Nordisk A/S Novo Nordisk's Weight Loss Doesn't Mean To Load Up Novo Nordisk: Intense Competition Within The GLP-1 Duopoly Novo Nordisk: Don't Stop Purchasing The Dip Novo’s Wegovy expands reach in UK with latest NICE recommendation Novo’s China obesity drug posts positive mid-stage trial results
Marvell Technology's shares jumped 7% in premarket trading on Monday following a report that Alphabet's Google is in talks with the chip designer to develop two new chips aimed at running AI models more efficiently. The potential deal could involve two distinct chips: a memory processing unit to complement Google's tensor processing unit and a new TPU built for running AI models, The Informatio...
Marvell Technology's shares jumped 7% in premarket trading on Monday following a report that Alphabet's Google is in talks with the chip designer to develop two new chips aimed at running AI models more efficiently. The potential deal could involve two distinct chips: a memory processing unit to complement Google's tensor processing unit and a new TPU built for running AI models, The Information reported on Sunday, citing two people with direct knowledge of the discussions. Big Tech such as Google and Facebook-parent Meta are moving fast to reduce dependence on external chip suppliers by expanding their custom chip efforts.