DAL

Delta Air Lines was a contributor during the quarter. Fuel prices spiked in March following the onset of the Iran War, creating a near-term headwind for airline profitability. Intercontinental Exchange stock price declined due to market concerns about AI disruption and potential competition from new exchanges launching perpetual futures. We were pleased to initiate a position in Equitable Holdings at a meaningful discount to intrinsic value.

Airline stocks were taking off again Monday after a turbulent start to the second half of the year.

The reported tie-up would have combined two of the nation's largest airlines, but the preliminary discussions did not advance and both carriers ultimately moved on.

United Chief Executive Scott Kirby called Delta's CEO to discuss a potential deal but the talks didn't progress, according to people familiar with the matter.

A rapid rise in jet fuel prices is forcing U.S. airlines to rewrite earnings expectations, exposing how quickly higher fuel costs can outpace revenue gains from strong travel demand.

Let's take a closer look at how Union Pacific, Norfolk Southern, Old Dominion and United Parcel Service are expected to fare this earnings season.

Delta (DAL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

As the conflict in the Middle East intensifies, Americans living and traveling abroad are being asked to exercise increased caution.

Delta Air Lines (DAL) and United Airlines (UAL) have both delivered better-than-expected Q2 results, demonstrating that demand for premium, international, and corporate travel remains resilient.