3 Reasons Airline Stocks Aren’t Flying During Record Market Gains

Airline firms are scrambling to lower daily operating costs to survive the pandemic. The number of infections is continuously increasing, fueling the uncertainty around the tourism market. The Dow Jones U.S. Airlines Index (INDEXDJX: DJUSAR) dropped by 27.7% in 1 month. Airlines cannot catch a break. United Airlines might furlough 36,000 employees, AirAsia shares were …

Dow Futures Tumble on Fed Insider’s ‘Troubling’ New Bombshell

Dow Jones Industrial Average (DJIA) futures plunged in premarket trading Tuesday. Raphael Bostic, president of the Federal Reserve Bank of Atlanta, said economic activity is “levelling off” in a “troubling” new trend. Global stock rally hits the pause button after a week of solid gains. The U.S. stock market is taking a hard-earned breather on …

Tesla Will Top Toyota as World’s Largest Automaker, But It Won’t Last Long

Tesla’s valuation is now within 5% of Toyota Motors, the gargantuan player in the space. The electric-car company will likely de-throne Toyota soon. However, one indicator suggests Tesla may take a breather first. Markets have a love-hate relationship with Tesla Motors (NASDAQ:TSLA). The electric car maker is either a market darling or out of favor. …

Is Apple the Canary in the Economy’s Coalmine?

In February, Apple warned about supply chain disruptions. The uncertainty started a broader market selloff. Last week, Apple announced they were closing some reopened stores in hotspot areas. Are you trying to understand the disconnect between the economy and the stock market? Look no further than Apple (NASDAQ:AAPL). The consumer tech giant has proven remarkably …