Money

United Airlines posts another loss

Published

5 years ago

April 20, 2021

Airlines makes a smaller loss than last year but hopes for better times ahead.

United Airlines reported another quarterly loss , but said it sees a “clear path to profitability” now that coronavirus vaccines are becoming more widespread.

The big US carrier, which has suffered from the broad travel industry downturn during Covid-19, said it is positioned for the industry recovery after cutting costs and gradually improving its cash burn position during the pandemic.

“We’re encouraged by the strong evidence of pent-up demand for air travel and our continued ability to nimbly match it,” said United Chief Executive Scott Kirby.

For the quarter ending March 31, United reported a loss of $US1.4 billion, compared with a loss of $US1.7 billion in the year-ago period.

United projected another unprofitable period in the second quarter, when system capacity is expected to be down 45 percent compared with the equivalent stretch in 2019.

Delta said last week it saw “a path to returning to profitability in the September quarter.” Earlier Monday, United said it was adding three new flights from the United States to European markets that are beginning to reopen to vaccinated visitors.

On April 1, United said it will immediately start hiring pilots, beginning with a group of 300, to be ready to meet growing demand for air travel.

Money

U.S. dollar weakens while Australian dollar rises amid global market shifts

Published

1 day ago

January 30, 2026

Harvey Vargas

US dollar weakens as Trump comments; Australian dollar gains from commodity prices and RBA rate hike expectations

The US dollar is coming under pressure as the economy remains strong and President Trump comments on its decline. We explore how this is impacting major currencies around the world and what it means for investors.

Meanwhile, the Australian dollar is benefiting from rising commodity prices and growing expectations of an RBA rate hike. Global investors are increasingly drawn to Australia’s bond market as economic conditions shift.

Currency trading strategies are adapting to this changing landscape, with potential implications for interest rates and international markets. Steve Gopalan from SkandaFX breaks down the trends.

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#USDDollar #AustralianDollar #ForexTrading #RBA #InterestRates #GlobalEconomy #CurrencyMarket #Ticker

Money

Wall Street slides as AI spending raises investor concerns

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives. Tune in for insights!

Published

1 day ago

January 30, 2026

Harvey Vargas

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives.

Wall Street closed lower on Thursday, with the Nasdaq leading losses as investors questioned whether Big Tech’s massive AI spending will pay off. Microsoft shares tumbled after revealing record AI infrastructure costs, while Meta rallied on strong earnings and a bullish outlook.

Kyle Rodda from Capital.com joins us to explain what spooked markets, which tech names are holding up, and whether AI budgets are getting too big.

We also discuss rate expectations, macro risks, and what to watch in the upcoming earnings season.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

Money

Tesla brand value plummets amid Elon Musk’s political focus

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Published

3 days ago

January 28, 2026

Harvey Vargas

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Tesla’s brand value plummeted by $15.4 billion in 2025, falling to $27.61 billion from $66.2 billion in early 2023. Analysts say Elon Musk’s political focus and a slowdown in new models have distracted the company’s core business.

In the U.S., Tesla’s recommendation score sank to just 4 out of 10, down from 8.2 in 2023. Despite this, loyalty among existing owners remains high at 92 per cent, showing a strong but shrinking fan base.

#TeslaNews #ElonMusk #BrandValue