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Stock market today: Dow falls, S&P 500 and Nasdaq rise as AMD surges on OpenAI deal, shutdown drags on
Yahoo Finance· 2025-10-06 13:31
US stocks were mixed on Monday as the federal government shutdown entered another week, while a megadeal between AMD (AMD) and OpenAI (OPAI.PVT) lifted hopes for the AI trade. The Nasdaq Composite (^IXIC) led the way higher, rising 0.3% amid an over-25% surge from AMD, while the S&P 500 (^GSPC) ticked up 0.2%. But the Dow Jones Industrial Average (^DJI) lost hold of opening gains, falling 0.2%. In another jolt to the AI outlook, AMD said Monday it has signed a multiyear deal with OpenAI to supply chips ...
Stock market today: Dow falls whiS&P 500, Nasdaq rise as AMD surges on OpenAI deal, shutdown drags on
Yahoo Finance· 2025-10-06 13:31
US stocks were mixed on Monday as the federal government shutdown entered another week, while a megadeal between AMD (AMD) and OpenAI (OPAI.PVT) lifted hopes for the AI trade. The Nasdaq Composite (^IXIC) led the way higher, rising 0.4% amid an over-25% surge from AMD, while the S&P 500 (^GSPC) ticked up 0.1%. But the Dow Jones Industrial Average lost hold of opening gains to fall 0.5%. In another jolt to the AI outlook, AMD (AMD) said Monday it has signed a multiyear deal with OpenAI (OPAI.PVT) to supp ...
X @Bloomberg
Bloomberg· 2025-10-06 13:18
Spirit is seeking court approval to return 87 airplanes to lessors as the low-cost carrier continues to pare down operations following its bankruptcy filing https://t.co/K9ZY71eVdz ...
GTreasury Customer American Airlines Named Finalist in 2025 AFP Pinnacle Awards
Globenewswire· 2025-10-06 12:21
Core Insights - American Airlines has been named a finalist for the AFP Pinnacle Awards, recognizing its innovative treasury technology strategy in collaboration with GTreasury [1][2]. Group 1: Award Recognition - American Airlines is one of three finalists for the AFP Pinnacle Awards, highlighting its exceptional innovation in treasury operations [2]. - The award honors organizations that demonstrate strategic thinking and measurable results in finance [1]. Group 2: Treasury Technology Innovation - American Airlines developed an industry-first Collateral Management System with GTreasury, integrating various financial components into a single platform [3]. - The system enhances management of collateralized debt, fleet management, cash management, forecasting, FX risk management, and investments [3]. Group 3: Operational Impact - The implementation of the Collateral Management System resulted in near-total global cash visibility for American Airlines, increasing from approximately 65% to 99% [4]. - Treasury automation improved significantly from 50% to 90%, allowing the treasury team to reclaim up to 20% of their time for strategic initiatives [4]. - The solution reduced the need for offline components, minimizing manual processes, control risks, and potential errors [4]. Group 4: Company Background - GTreasury provides adaptable treasury solutions for CFOs and Treasurers, designed to address various complexities in treasury management [6]. - The company supports over 1,000 customers across 160 countries, offering comprehensive connectivity across banks and ERPs [6].
United and Instacart Team Up to Bring Loyalty Members More Rewards and More Convenience, Including $0 Delivery Fees
Prnewswire· 2025-10-06 12:00
Core Points - United Airlines and Instacart have launched a collaboration to provide MileagePlus members with exclusive benefits, including $0 delivery fees on orders placed around domestic flights [1][2][3] - MileagePlus members can earn bonus miles by linking their accounts with Instacart and completing specific orders, enhancing the value of the loyalty program [2][3] Group 1: Collaboration Details - MileagePlus members can enjoy $0 delivery fees on orders placed before, during, or shortly after domestic flights, allowing for easy restocking of groceries [1][3] - New MileagePlus members on Instacart can earn 5,000 bonus miles after completing four orders of $35 or more within eight weeks [3][7] - Existing Instacart users can earn additional miles by linking their accounts and placing qualifying orders [3][7] Group 2: Benefits and Rewards - The collaboration allows MileagePlus members to access a suite of benefits, including a complimentary 7-day Instacart+ membership for $0 delivery fees [3][7] - Members can earn an additional 5,000 miles by enrolling in an annual Instacart+ membership after completing the initial offer [3][7] - Instacart connects consumers to over 1,800 retail partners and nearly 100,000 stores, enhancing the convenience of grocery shopping for travelers [4][8] Group 3: Strategic Focus - Both companies aim to simplify travel and daily life for consumers, with Instacart positioned as a critical part of the travel experience [2][4] - The partnership is expected to provide meaningful benefits to U.S. travelers, increasing convenience and rewards for grocery shopping [4][6]
Delta Air Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Delta Air Lines (NYSE:DAL)
Benzinga· 2025-10-06 11:01
Financial Performance - Delta Air Lines is expected to report third-quarter earnings of $1.53 per share, an increase from $1.50 per share in the same period last year [1] - Projected quarterly revenue is $15.94 billion, compared to $15.68 billion a year earlier [1] Strategic Developments - Delta Air Lines has partnered with logistics technology company Trackonomy to enhance its digital transformation and modernize cargo operations, providing real-time visibility and efficient asset management [2] - Following the announcement of the partnership, Delta Air's shares rose by 0.3% to close at $57.26 [2] Analyst Ratings - Susquehanna analyst Christopher Stathoulopoulos maintained a Positive rating and raised the price target from $65 to $68 [8] - Jefferies analyst Sheila Kahyaoglu upgraded the stock from Hold to Buy with a price target of $70 [8] - JP Morgan analyst Jamie Baker maintained an Overweight rating and increased the price target from $72 to $85 [8] - UBS analyst Thomas Wadewitz maintained a Buy rating and raised the price target from $62 to $72 [8] - Barclays analyst Brandon Oglenski maintained an Overweight rating and increased the price target from $58 to $65 [8]
Delta Air Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2025-10-06 11:01
Earnings Report - Delta Air Lines is set to release its third-quarter earnings results on October 9, with analysts expecting earnings of $1.53 per share, an increase from $1.50 per share in the same period last year [1] - Projected quarterly revenue is $15.94 billion, compared to $15.68 billion a year earlier [1] Digital Transformation - Delta Air Lines has partnered with logistics technology company Trackonomy to enhance its cargo operations, aiming for real-time visibility and improved asset management [2] - Following the announcement, Delta Air's shares rose by 0.3% to close at $57.26 [2] Analyst Ratings - Susquehanna analyst Christopher Stathoulopoulos maintained a Positive rating and raised the price target from $65 to $68 [8] - Jefferies analyst Sheila Kahyaoglu upgraded the stock from Hold to Buy with a price target of $70 [8] - JP Morgan analyst Jamie Baker maintained an Overweight rating and increased the price target from $72 to $85 [8] - UBS analyst Thomas Wadewitz maintained a Buy rating and raised the price target from $62 to $72 [8] - Barclays analyst Brandon Oglenski maintained an Overweight rating and increased the price target from $58 to $65 [8]
1 in 6 US parents are choosing not to vaccinate their kids. Why — and how vaccine hesitancy can hit your bottom line
Yahoo Finance· 2025-10-06 09:45
Group 1 - A recent poll indicates that 1 in 6 American parents have delayed or skipped childhood vaccinations, excluding flu and COVID-19 shots, with 9% admitting to skipping core vaccinations like polio and MMR [1][2] - The primary reason for vaccine hesitancy among parents is a lack of trust, with 86% citing concerns about potential side effects and risks, while 12% mentioned insurance coverage issues or high costs [2] - The CDC emphasizes that the childhood vaccine schedule is crucial for saving lives and protecting children during their most vulnerable years [3][4] Group 2 - The Affordable Care Act (ACA) prohibits individual health insurers from denying coverage or charging higher premiums based on vaccination history [4] - Employer-sponsored health insurance can be more complex, as employers may impose premium surcharges related to vaccination status, particularly highlighted during the COVID-19 pandemic [5] - Delta Airlines previously implemented a $200 surcharge for unvaccinated employees to offset COVID-19 treatment costs, which was later removed as case numbers declined [6]
X @Bloomberg
Bloomberg· 2025-10-06 09:32
The aircraft was grounded temporarily for safety inspection and is now back in the fleet, an Air India spokesperson said https://t.co/DRyvV6Ct2f ...
How Focusing On Meeting Deadlines Can Cost More Than Missing Them
Forbes· 2025-10-06 07:00
Core Insights - Treating deadlines as sacred can lead to significant opportunity costs, as it may suppress curiosity and discourage raising concerns, ultimately resulting in greater costs than delays [1][13] - A culture that prioritizes speed over safety can lead to catastrophic outcomes, as seen in various industries including aviation, oil, and automotive [2][3][5] Boeing Case Study - Boeing's rush to compete with Airbus led to the quick certification of the 737 MAX despite engineers' warnings about safety issues, resulting in two crashes and over $20 billion in costs [2] BP Case Study - The Deepwater Horizon oil spill exemplifies a project management failure where pressure to meet deadlines led to ignoring safety warnings, costing BP over $60 billion [3] Volkswagen Case Study - Volkswagen's emissions scandal arose from an unrealistic deadline, leading to the creation of software to cheat emissions tests, resulting in over $30 billion in fines and lost opportunities [5] Samsung Case Study - Samsung's Galaxy Note 7 was rushed to market, leading to recalls and losses estimated at $17 billion due to overheating issues that were not adequately addressed [6] HS2 Project Case Study - The UK's HS2 high-speed rail project saw costs escalate from £30 billion to over £80 billion due to ignoring internal warnings about unrealistic budgets, resulting in wasted resources [7] Berlin Airport Case Study - The Berlin Brandenburg Airport project faced delays and cost overruns from €2.8 billion to over €6.5 billion due to a rush to meet deadlines, highlighting the importance of addressing concerns early [8] Lockheed Case Study - Lockheed's F-35 program suffered from a strategy that prioritized speed, leading to hundreds of billions in costs due to retrofitting aircraft built before testing was complete [9] Sydney Opera House Case Study - The Sydney Opera House project experienced significant cost overruns from A$7 million to over A$100 million due to rushed decisions and scope changes, emphasizing the need for careful planning [10] Positive Examples of Delaying Deadlines - Companies like Apple, Toyota, and Johnson & Johnson have demonstrated that delaying launches to address issues can protect reputation and save money, showcasing the value of prioritizing quality over speed [12]