Bank of America highlighted a slate of stocks that have plenty of upside following quarterly reports. The firm said shares of companies like Microsoft still have room to run after earnings . Other buy-rated names include Delta Air Lines, Domino’s Pizza, Procter & Gamble and Levi Strauss. Delta Air Lines Shares of Delta are down 15% in 2025, but they’re too compelling to ignore, according to analyst Andrew Didora. He said he’s standing by the stock following the company’s latest earnings report . Delta continues to see robust strength in its premium services despite an uncertain consumer environment, Didora said.…
Author: usaeverydaylife
The future ticket counter at JFK’s new Terminal 1.Leslie Josephs/CNBCIt’s far from finished but the new, $9.5 billion Terminal 1 at John F. Kennedy International Airport is taking shape. Its first phase is slated to open in mid-2026.It will replace the current terminal, which opened in 1998.The terminal, which will be JFK’s largest, is now weathertight. Winding baggage conveyor belt structures have been installed, and you can make out future ticket counters, where customers flying carriers like Turkish Airlines, Air New Zealand, Etihad Airways, Air China, Taiwan’s China Airlines and others will set down their luggage and show their passports…
A federal appeals court ruled Friday night to uphold a lower court’s temporary order blocking the Trump administration from conducting indiscriminate immigration stops and arrests in Southern California.A three-judge panel of the Ninth U.S. Circuit Court of Appeals held a hearing Monday afternoon at which the federal government asked the court to overturn a temporary restraining order issued July 12 by Judge Maame E. Frimpong, arguing it hindered their enforcement of immigration law.Immigrant advocacy groups filed suit last month accusing President Donald Trump’s administration of systematically targeting brown-skinned people in Southern California during the administration’s crackdown on illegal immigration. The…
Stocks that saw gains in recent days could be at risk of sliding, according to one popular technical indicator. Major U.S. indexes tumbled Friday on fears that the economy could be headed toward a slowdown, after July’s jobs data came out far weaker than expected and President Donald Trump rolled out modified tariff rates . This week, the S & P 500 lost about 2.4%, while the tech-heavy Nasdaq Composite tumbled 2.2%. The Dow Jones Industrial Average shed 2.9%. After this week’s rocky performance, CNBC Pro used its Stock Screener tool to identify the market’s most overbought and oversold stocks…
Inside one of Equinix’s internal operations at Equinix Data Center in Ashburn, Virginia, on May 9, 2024.Amanda Andrade-Rhoades | The Washington Post | Getty ImagesCompany: Equinix Inc (EQIX)Business: Equinix is a real estate investment trust and operator of 270 data centers in 75 metro areas around the globe, providing carrier-neutral collocation and interconnection services to networks, cloud providers, enterprises and hyperscalers. The company’s platform combines a global footprint of International Business Exchange (IBX) and xScale data centers that support a customer’s need to implement, operate and maintain its collocated deployments. Equinix’s data centers are primarily located in key end-user markets…
A record number of passengers flew in 2024.Izusek | E+ | Getty ImagesSouthwest Airlines, once known for its first-come, first-served approach to boarding and seating, on Tuesday began selling its first tickets with assigned seats. That change — and with it, new boarding groups — goes into effect for flights in late January.The move brings Southwest more in line with other major carriers, where travelers need to weigh the value of paying for an early-boarding upgrade.”The number one reason to buy the early boarding upgrade is if you have a carry-on for the overhead bin,” said Sara Wilcox, an advisor…
A picture shows the British coat of arms on the outside the Supreme Court in central London on August 1, 2025. Niklas Halle’n | Afp | Getty ImagesBritain’s highest court Friday largely overturned a lower court’s ruling that certain car finance agreements were unlawful, a decision likely to bring a sigh of relief among lenders and limit the scale of compensation payments.A Supreme Court panel of five judges sided with lenders on two of the three issues at hand, finding that they are effectively not liable for hidden commission payments to dealers. It said there was no bribery involved in the…
Today, after a year-long pause, interest resumed on student loans enrolled in the Saving on a Valuable Education (SAVE) plan.Launched by the Biden administration in 2023, SAVE was intended to give borrowers an affordable path to repaying student loans. But it’s been in limbo since last summer, when federal courts blocked it in response to a lawsuit from GOP state attorneys general. Since then, the loans have remained in forbearance. SAVE will officially end in July 2028, as part of a larger overhaul of the government’s student loan program that includes ending new applications for the Income-Contingent Repayment (ICR) Plan and…
Sam Altman, CEO of OpenAI attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., on July 8, 2025. David A. Grogan | CNBCOpenAI has secured $8.3 billion in new capital as part of its $40 billion fundraise, according to a person familiar with the transaction. The fresh capital comes as the artificial intelligence company’s business accelerates. Annual recurring revenue jumped to $13 billion, up from $10 billion in June, said the person, who spoke on condition of anonymity to discuss confidential financial information, and is projected to…
A surprisingly lackluster jobs report Friday morning left CNBC’s Jim Cramer with one key takeaway: The Federal Reserve needs to cut interest rates. “We have very little job growth, and we have wages that are not going up,” Cramer said during “Squawk on the Street.” “That is when you cut.” Before the open, the government reported nonfarm payroll growth of 73,000 in July — much weaker than the 100,000 economists had expected. May and June were revised down a combined 258,000. The nation’s unemployment rate ticked up, as expected, to 4.2% last month. Wages, as measured by average hourly earnings,…
