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Max Knoblauch
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Low-cost airlines plunge on report Trump administration is close to $500 million rescue deal for Spirit
Shares of Frontier, Allegiant, JetBlue, and Southwest fell on the news.
Boeing reports better-than-expected Q1 earnings, revenue
Boeing reported its first-quarter earnings before markets opened on Wednesday.
United beats Q1 earnings and revenue estimates, lowers full-year profit guidance amid surging jet fuel prices
United Airlines reported is first-quarter earnings after the bell on Tuesday.
Xbox cuts price of its Game Pass subscription by 23%, removes new “Call of Duty” games
The announcement comes about six months after Xbox raised its Game Pass prices by 50%.
Trump says he doesn’t like potential United-American merger but would “love somebody to buy Spirit”
Airline shares reacted to Trump’s Tuesday morning comments on CNBC.
Lucid climbs after Uber revealed to be its second-largest shareholder following recent investment
Uber now owns more than 11.5% of Lucid, according to a new regulatory filing.
Alaska Air expects higher fuel costs to add $600 million in expenses in Q2
Alaska Air reported its first-quarter earnings after the bell Monday.
Netflix sinks following disappointing outlook as investors wait for more ad growth
Netflix shares are down more than 10% on Friday morning.
Netflix beats on Q1 revenue, issues downbeat Q2 forecast, and says Hastings will leave in June
It’s the streamer’s first earnings report since backing out of the Warner Bros. bidding war in February.
Low-cost airlines climb amid report that Spirit Airlines could liquidate as soon as this week
Frontier and JetBlue were each up more than 3% in premarket trading on Thursday.