Airbnb Beats Revenue Estimates Despite Iran War Cancellations
Airbnb topped revenue estimates, raised its full-year outlook, and posted strong booking growth despite cancellations linked to the Iran war and regional travel uncertainty.
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Oil Prices Jump Above $100 as US Plans Hormuz Blockade Against Iranian Ports
Key Highlights Introduction Oil prices opened the week with a sharp jump after the United States said it would begin a shipping blockade against Iranian ports in the Strait of Hormuz. The announcement pushed both major crude benchmarks above $100 a barrel and revived fears of deeper disruption in global energy markets. Investors now face…
Delta Raises Checked Bag Fees as Higher Fuel Costs Hit Airlines
Delta will charge more for checked bags as rising fuel prices push airlines to find new ways to protect margins.
US Gasoline Prices Top $3.75 a Gallon as Middle East War Disrupts Oil Supply
US gas prices top $3.75 as Middle East war disrupts oil supply.
United Airlines Warns Airfares Could Rise as Jet Fuel Prices Surge Amid Middle East Conflict
United Airlines CEO Scott Kirby says rising jet fuel prices following the U.S.–Israel conflict with Iran could push airline ticket prices higher, even as travel demand remains strong worldwide.
Oil Price Surge Triggers Record Hedging Activity as Investors and U.S. Producers Lock in Gains
Key Highlights Oil Markets Surge Amid Middle East Escalation Oil markets experienced a sharp surge this week as geopolitical tensions in the Middle East intensified, prompting investors and U.S. crude producers to rush into hedging strategies to secure higher prices. The spike followed military strikes by Israel and the United States on Iran and Tehran’s…
Yen Plunges to Record Low Against Euro as Japan’s New PM Urges Slow Rate Hikes
Japan’s yen slumped to an all-time low against the euro and neared a nine-month low versus the dollar after Prime Minister Sanae Takaichi urged the central bank to go slow on rate hikes.
Benchmark Reiterates Buy Rating on Grupo Televisa with $9 Price Target — Leadership by Bernardo Gómez and Alfonso de Angoitia in Focus
Benchmark maintains its Buy rating on Grupo Televisa (NYSE:TV), citing strong leadership from Co-CEOs Bernardo Gómez and Alfonso de Angoitia, operational gains, and digital growth.
Disney Raises Prices for Streaming Packages
Disney announced new price changes for its streaming service lineup, including Disney+, Hulu, and ESPN.
Oil prices extend losses as OPEC+ considers output hike
Oil prices fell over 2% as OPEC+ prepares to discuss a potential production hike this weekend. Both Brent crude and WTI benchmarks slid, with traders shifting expectations toward increased supply. Analysts warn that a larger output hike could push the market into surplus by 2025, keeping prices subdued.
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