American Airlines plans to appeal ruling that blocks JetBlue partnership, CEO says
A federal judge ruled earlier this month that the airlines’ partnership in the region is anticompetitive and ordered the airlines to cease the alliance.
Salesforce raises guidance but sees pressure as customers back away from big consulting deals
Salesforce raised its full-year guidance and reported an earnings and revenue beat, but capital costs were higher than expected.
The ‘great resignation’ — a trend that defined the pandemic-era labor market — seems to be over
The rate at which workers quit their jobs has declined to pre-pandemic levels as the labor market has gradually cooled.
OpenAI is pursuing a new way to fight A.I. ‘hallucinations’
AI hallucinations occur when models like OpenAI’s ChatGPT or Google’s Bard fabricate information entirely.
Needham says this premium pasta sauce company could rally more than 20%
Needham initiated a buy rating on Rao’s parent company, Sovos Brands, saying the pasta sauce brand could become a $1 billion company.
Goldman Sachs says buy this theme park stock, sees more than 30% upside
Analyst Lizzie Dove says although investors are cautious about park stocks amid macro uncertainty, the risk has already been priced in.
Mortgage demand drops to the lowest level in three months
Mortgage demand continues to drop as interest rates climb higher.
Deutsche Bank says this car rental company can surge more than 60%
Deutsche Bank upgraded Avis Budget shares to buy, saying the stock is now trading at an attractive entry point.
American Express is a top pick in a recession, Wells Fargo says
Wells Fargo said American Express is a strong defensive play ahead of what it expects will be a tougher economic environment.
