Tag: NYSE:AXP
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Thursday’s Wall Street Highlights: Tesla, American Express, Las Vegas Sands, AT&T and more
Main subjects of the day US stock futures were lower on Thursday morning as investors weighed the latest results from IBM and Tesla. IBM rose 1.01% premarket after the company said margins were expanding. Tesla fell about 7.66% premarket after the electric vehicle maker reported net profit and GAAP earnings were down more than 20% year-on-year. Renault also released results…
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Delta Air Lines posts quarterly loss, but projects second-quarter profit
Delta Air Lines (NYSE:DAL) posted a larger-than-previously estimated loss for the first three months of the year, but forecast second-quarter revenue and profit growth above analyst estimates, signaling strong demand for travel, despite weakness in other sectors. CEO Ed Bastian on Thursday dismissed the potential for a reduction in consumer spending. Air travel “is something…