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☆ Emergency Slide That Fell From Delta Flight Is Recovered From Queens Jetty
▼ + stars: | 2024-04-30 | by ( Jesus Jiménez | Isabella Kwai | ) www.nytimes.com time to read: +1 min

An emergency slide that fell from a Delta Air Lines flight just minutes after takeoff on Friday was recovered on Sunday along a jetty in a Queens neighborhood about six miles from Kennedy International Airport, officials said. The New York City Department of Parks and Recreation said that Delta Air Lines had recovered “a large piece of debris” from the jetty near Beach 131st Street in Belle Harbor, southwest of the airport. Delta Air Lines said in a statement on Tuesday that it had retrieved the slide from the jetty. It was unclear whether the slide had landed on the jetty, a small rock pier built to break apart waves, or it had washed up there. The crew also noticed a “non-routine” sound from that wing, the airline said.

Organizations: Delta Air Lines, Kennedy International Airport, The New York City Department of Parks, Recreation Locations: Queens, Beach, Belle Harbor, New York, Los Angeles

☆ The emergency slide that came off a Delta 767 washed up in front of the house of a lawyer whose firm is suing Boeing over the Alaska blowout
▼ + stars: | 2024-04-30 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

An emergency exit slide came off a Delta Air Lines Boeing 767 on Friday. A lawyer, whose firm is suing Boeing over the Alaska blowout, spotted it outside his home two days later. AdvertisementAn emergency slide that came off a Delta Boeing 767 was found by a lawyer whose firm is suing Boeing, the New York Post reported. The wild coincidence happened on Sunday, two days after the slide fell off the Boeing 767 operated by Delta Air Lines. However, it should be noted that since the Delta Boeing 767 was built in 1990, the incident points to a maintenance issue rather than the planemaker's fault.

Persons: hasn't, —, Jake Bissell, Linsk, Bissell, Labaton Keller Sucharow, ince Organizations: Delta Air Lines Boeing, Boeing, Alaska, New York Post, Service, Delta Boeing, Delta Air Lines, New York's JFK Airport, Delta, ust Locations: New, Los Angeles, Queens

☆ Final Trades: Delta Air Lines, JPMorgan Chase and the IYC
▼ + stars: | 2024-04-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: Delta Air Lines, JPMorgan Chase and the IYCThe Investment Committee share their top stocks to watch for the second half.

Persons: JPMorgan Chase Organizations: Delta Air Lines, JPMorgan, Investment

☆ Local senators slam FAA bill provision that would add long-haul flights to a key DC-area airport and benefit lawmakers: 'Ridiculous and dangerous'
▼ + stars: | 2024-04-29 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Many lawmakers on Capitol Hill have been pushing for long-haul flights at National Airport for years. But the senators from Virginia and Maryland are firmly against the provision, pointing to safety concerns. AdvertisementFor many members of Congress, the allure of adding long-haul flights to Ronald Reagan Washington National Airport (DCA) is impossible to resist. While Delta Air Lines has thrown its support behind the long-haul provision, United Airlines has opposed the push. Washington Dulles International Airport and Baltimore/Washington International Thurgood Marshall Airport, while fully equipped to handle long-haul flights, are miles outside of Washington, DC.

Persons: —, Ronald Reagan, Democratic Sens, Mark Warner, Tim Kaine, Virginia, Ben Cardin, Chris Van Hollen, Kaine, Warner, Cardin, Van Hollen Organizations: Capitol, National Airport, FAA, Service, Ronald Reagan Washington National Airport, National, Federal Aviation Administration, Democratic, DCA, Delta Air Lines, United Airlines, Washington Dulles International Airport, Washington International Thurgood Marshall Airport Locations: Virginia, Maryland, Ronald Reagan Washington, Arlington, Va, Western, America, Baltimore, Washington

☆ A Japan Airlines flight was canceled after the pilot got drunk at a Dallas hotel bar and police were called
▼ + stars: | 2024-04-29 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

A Japan Airlines flight from Dallas to Tokyo was canceled after the captain got drunk in a hotel. AdvertisementA Japan Airlines flight from Dallas to Tokyo was canceled after a captain got drunk at a hotel bar and received a warning from police, the airline said, according to Japanese media. The Mainichi, which cited a statement from Japan Airlines, reported that the captain dined in Dallas last week with other crew members. Japan Airlines did not immediately respond to Business Insider's request for comment. In 2023, a United Airlines pilot who showed up to work under the influence was handed a six-month suspended prison sentence by a French court.

Persons: —, Le Parisien Organizations: Japan Airlines, Service, Mainichi, Delta Air Lines, United Airlines, Federal Aviation, Federal Aviation Administration Locations: Dallas, Tokyo, Europe

☆ How CEOs are preparing for possible employee protests
▼ + stars: | 2024-04-29 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

You can always choose to move on, but remember you don’t have a right to work at most companies. We can’t keep re-litigating when we also have a business to runYou speak with CEOs every day. Most of the CEOs I’ve talked to said they haven’t seen their employees protest, but they’re bracing for it. But I will say that I don’t think it will become that widespread because of how swiftly and unapologetically Google addressed it. I don’t think it will become a thing.

Persons: Sundar Pichai, Bell, Johnny C, Taylor Jr, that’s, we’re, We’re, we’ve, I’m, You’d, They’re, I’ve, Royce, Peter Valdes, “ We’re, ”, Martin Fritsches, “ That’s, Brian Fung, Sean Lyngaas, Satya Nadella, Sam Altman, Northrop Grumman, Alejandro Mayorkas Organizations: CNN Business, Bell, New York CNN, Google, Tech, Society for Human Resource Management, Companies, Royce, BMW, OpenAI, Microsoft, Department of Homeland Security, Delta Air Lines, DHS, “, Amazon Web Services, IBM, Cisco, ’, Civil Locations: New York, Israel, Chichester , England

☆ A Delta Boeing 767 made an emergency landing after its exit slide fell off midair
▼ + stars: | 2024-04-27 | by ( Cameron Manley | ) www.businessinsider.com time to read: +4 min

A Delta flight from NYC to LA had to turn back after its emergency exit slide detached. AdvertisementA Boeing plane was forced to make an emergency landing on Friday after an emergency slide fell off the aircraft. The Delta spokesperson said the airline was "fully supporting retrieval efforts and will fully cooperate in investigations." In a second statement, Delta said that the incident set off an emergency alarm. AdvertisementDelta Airlines 767-332ER makes emergency return to John F. Kennedy International Airport after losing its right-hand side emergency slide.

Persons: —, Delta, John F, Flexport, Max Organizations: Boeing, Service, Delta Air Lines, New York's JFK, Delta, Kennedy, Airport, Breaking Aviation, JFK, Business, Federal Aviation Administration, Air Lines, Kennedy International, FAA, Alaska Airlines Locations: NYC, LA, JFK, New York's, New York, Portland , Oregon

☆ There's a new No. 1 U.S. airline—it's not Delta
▼ + stars: | 2024-04-27 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

There are plenty of factors to consider when booking long-range travel plans. While many airlines will take you where you want to go, the travel experience can vary widely when it comes to factors such as boarding processes, amenities and baggage allowances. After two years in the top spot, Delta Air Lines slipped to fourth place, behind new No. Despite losing its crown, Delta was still found to be the most reliable airline because of its low rate of cancellations, delays, mishandled luggage and denied boardings. The legacy carrier also ranked as one of the most comfortable airlines in terms of in-flight experience.

Persons: WalletHub, Delta Organizations: U.S, Delta Air Lines, Alaska Airlines

☆ Delta Air Lines Flight Loses Emergency Slide After Takeoff, Officials Say
▼ + stars: | 2024-04-27 | by ( Isabella Kwai | More About Isabella Kwai | ) www.nytimes.com time to read: 1 min

A Boeing 767 plane flown by Delta Air Lines lost an emergency slide on Friday, prompting it to return to New York not long after taking off, officials said. The flight, Delta Air Lines 520, had left Kennedy International Airport in New York and was headed to Los Angeles when its crew discovered an issue related to the aircraft’s right wing emergency exit slide. Crew members also detected an unusual sound near the wing, Delta Air Lines said. Pilots declared an emergency to air traffic controllers and the flight returned to Kennedy and landed safely, the airline said. After the plane landed, it became apparent that the aircraft’s emergency slide had “separated” from the plane, Delta Air Lines said.

Persons: Kennedy Organizations: Boeing, Delta Air Lines, Delta Air, Kennedy International, Pilots Locations: New York, Los Angeles

☆ CEOs of OpenAI, Google and Microsoft to join other tech leaders on federal AI safety panel
▼ + stars: | 2024-04-26 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

Washington CNN —The US government has asked leading artificial intelligence companies for advice on how to use the technology they are creating to defend airlines, utilities and other critical infrastructure, particularly from AI-powered attacks. The Department of Homeland Security said Friday that the panel it’s creating will include CEOs from some of the world’s largest companies and industries. The list includes Google chief executive Sundar Pichai, Microsoft chief executive Satya Nadella and OpenAI chief executive Sam Altman, but also the head of defense contractors such as Northrop Grumman and air carrier Delta Air Lines. It also includes federal, state and local government officials, as well as leading academics in AI such as Fei-Fei Li, co-director of Stanford University’s Human-centered Artificial Intelligence Institute. The US government already uses machine learning or artificial intelligence for more than 200 distinct purposes, such as monitoring volcano activity, tracking wildfires and identifying wildlife from satellite imagery.

Persons: Sundar Pichai, Satya Nadella, Sam Altman, Northrop Grumman, ”, Alejandro Mayorkas, Fei Li, Joe Biden Organizations: Washington CNN, Department of Homeland Security, Google, Microsoft, Delta Air Lines, DHS, “, Amazon Web Services, IBM, Cisco, ’, Civil, Stanford, Intelligence, Safety, Security

Nvidia Eddie George picked chipmaker darling Nvidia for its long-term prospects. Oracle shares are up roughly 9% this year. Apple George selected Apple for his second pick. Faced with waning demand and rising competitive pressures, Apple stock has shed nearly 12% this year, making it a weak link among the "Magnificent Seven" tech cohort. The company's legacy of sustainable excellence has also paved the way for cutting-edge technology like Apple Pay and the Apple Watch.

Persons: gunning, Breanna Stewart, Stewart, Mark Zuckerberg, Nvidia Eddie George, George, Jensen Huang, Charlotte Flair, Flair, Oz Pearlman, bitcoin, Pearlman, It's, Caterpillar's, Ekeler, Schulman, Carter, Microsoft Jillian Michaels, Giancarlo Chersich, Michaels, Nancy Pelosi's, Oracle Joey Chestnut, Larry Ellison, Wall, DraftKings, Karen Finerman, Apple George, Apple, DraftKings Eddie George, Apple Charlotte Flair, IBM Oz Pearlman, Carvana Austin, Intel Nev Schulman, Crocs Jillian Michaels, Google Joey, Starbucks Kenny, Smith Organizations: Meta, Nvidia, Tennessee Titans, Tennessee State University, Computer WWE, Computer, Micro, IBM, bitcoin, Caterpillar, Washington, Microsoft, Oracle, FactSet, CNBC, Apple, Apple Watch, Intel, JPMorgan Druski, Nike, Google, Starbucks, Warner Bros, Delta Air Locations: American, Nashville

☆ Ex-JetBlue CEO Robin Hayes to run Airbus North America
▼ + stars: | 2024-04-22 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Robin Hayes, chief executive officer of JetBlue Airways Corp., speaks during an Economic Club of New York event in New York, US, on Wednesday, March 29, 2023. Former JetBlue Airways CEO Robin Hayes will run Airbus' North America arm, replacing Jeffrey Knittel, the airplane maker said Monday. Hayes, a longtime airline executive who has also held senior leadership roles at British Airways, will start in June. He will be managing Airbus' business in the region, where it has expanded production of narrow-body jets in Mobile, Alabama. It has customers including Delta Air Lines , his former employer JetBlue and the carrier's acquisition target Spirit.

Persons: Robin Hayes, Jeffrey Knittel, Hayes Organizations: JetBlue Airways Corp, Economic, of New, Former JetBlue Airways, Airbus, JetBlue, Spirit Airlines, Justice Department, British Airways, Delta Air Lines Locations: of New York, New York, North America, Mobile , Alabama

☆ Delta Air Lines gives staff another 5% raise, hikes starting wages to $19 an hour
▼ + stars: | 2024-04-22 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Delta Air Lines jets are seen on a taxiway at Hartsfield-Jackson Atlanta International Airport in Atlanta on Dec. 22, 2021. Delta Air Lines said it is raising staff pay by another 5% this year as the country's most profitable airline prepares for the busy summer travel season. The pay increase, which starts June 1, applies to workers including flight attendants, ground handlers, mechanics and some office workers, among others. Delta raised staff pay by 5% last year and the pay hike unveiled Monday is the third the Atlanta-based carrier has announced since 2022. With the new raises, starting pay at Delta's mainline operation in the U.S. will rise to $19 an hour from $16.55.

Persons: Delta, Ed Bastian Organizations: Delta Air Lines, Jackson Atlanta International Airport, Association of Flight, CWA Locations: Hartsfield, Atlanta, U.S

☆ These companies spending big to grow their businesses are primed to outperform, Goldman says
▼ + stars: | 2024-04-22 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Companies that are spending big internally to grow their businesses should start outperforming if the economy remains on strong footing, according to Goldman Sachs. The Wall Street bank is advising clients consider buying companies with a high level of capital expenditure and research and development expenses. Those companies have outperformed those returning cash to shareholders via buybacks and dividends this year by 2 percentage points, Goldman said. In this environment, investors typically reward companies investing for growth when economic growth is accelerating, if history is any guide, Goldman said. The firm found a slew of stocks in the S & P 500 with the highest percentage of capex and R & D per market cap.

Persons: Goldman Sachs, Goldman, David Kostin Organizations: Norwegian Cruise Line, United Airlines, American Airlines, Delta Air Lines, Meta, Intel, HP, Western Digital Locations: Norwegian, United

☆ Video shows the moment a man shone a laser pointer at an aircraft, risking 'catastrophic consequences,' and leading to a prison sentence
▼ + stars: | 2024-04-19 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Andrew Wilson admitted to shining a laser at aircraft in two incidents back in 2022. Wilson was sentenced to four months in prison last Thursday. AdvertisementA 53-year-old man was sentenced to four months in prison after shining a laser at a passenger jet. Jason Marshalsea, the police officer in charge of the case, said: "Shining a laser beam at an aircraft is dangerous and irresponsible and could result in catastrophic consequences." AdvertisementIncidents involving lasers and planes have been on the rise in recent years, despite pleas from authorities for people to stop shining lasers at aircraft.

Persons: Andrew Wilson, Wilson, —, VCeFFXnIUG, Jason Marshalsea Organizations: Service, Airbus, Bristol Airport, Taunton Crown, Sky, Federal Aviation Administration, Delta Air Lines Locations: Somerset, England, Martock , Somerset, Taunton, New York, Mexican

☆ Airline executives predict a record summer and even more demand for first class
▼ + stars: | 2024-04-17 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

While the aviation industry has been in the spotlight lately for a host of safety issues, airline executives say there is no sign of slowing demand for flights. United Airlines "as an airline and as an industry" will carry record numbers of travelers this summer, the carrier's Chief Commercial Officer Andrew Nocella said on an earnings call Wednesday. "Demand continues to be strong, and we see a record spring and summer travel season with our 11 highest sales days in our history all occurring this calendar year," Delta Air Lines CEO Ed Bastian said on his company's call a week earlier. Customers appear willing to pay up for first class and other cabins above standard coach, executives said. Some of those carriers have struggled in recent months because of higher capacity, limited airplane availability and higher costs.

Persons: Andrew Nocella, Ed Bastian, Nocella Organizations: United Airlines, Air, American Airlines, Southwest Airlines, Boeing, Federal Aviation Administration, . Airlines Locations: Delta, United

☆ World's busiest airports show surge in international travel. Here are the rankings
▼ + stars: | 2024-04-15 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Dubai International Airport ranked as the second busiest in 2023, up from fifth place in 2022 and fourth place in 2019, according to Airports Council International's preliminary ranking, which was released on Monday. The resurgence of international travel has been a bright spot for airlines with big international networks, while ultra-low-cost, domestic-focused U.S. airlines have struggled in recent months. Domestic U.S. airports continued to post big gains in passenger counts, but some slipped in the rankings compared with the middle of the pandemic, when international travel restrictions limited long-haul trips abroad. Hartsfield-Jackson Atlanta International Airport, Delta Air Lines ' biggest hub, once again topped the list of the busiest airports, serving 104.7 million passengers, ACI said. Here are the 2023 rankings (with 2022 rankings in parentheses):

Organizations: British Airways Airbus, Heathrow Airport, Dubai International Airport, International Airport, Global, ACI, Domestic U.S, Airport, United Airlines, Hartsfield, Jackson Atlanta International Airport, Delta Air Lines Locations: London, Britain, Tokyo, Denver, United, ACI's

☆ Amazon CEO Andy Jassy says he's committed to cost cutting while investing in AI in shareholder letter
▼ + stars: | 2024-04-11 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +41 min

This work diminished short-term revenue, but was best for customers, much appreciated, and should bode well for customers and AWS longer-term. We're also making progress on many of our newer business investments that have the potential to be important to customers and Amazon long-term. Being intentional about building primitives requires patience. Customers building their own FM must tackle several challenges in getting a model into production. Customers' AI models contain some of their most sensitive data.

Persons: Andy Jassy, Jassy, Jeff Bezos, he's, we've, Martha Stewart, Clinique, we're, We've, bode, We're, I've, iterating, We'd, we'd, Fox, affordably, you've, They're, Anthropic, that's, Claude, Dana, debugs, Slack Organizations: Amazon, Services, AWS, Deal, Prime, MGM, Savings, Regions, Citadel, Target, Storage Service, Netflix, Disney, Max, Paramount, CIA, . Intelligence, Amazon Freight, Carrier, Amazon Shipping, Foods, Drones, Amazon Pharmacy, Amazon Clinic, Robotics, Nvidia, Ricoh, NatWest, FMs, Meta, Bridgewater Associates, Farber Cancer Institute, Delta Air Lines, Intuit, KT, Lonely, LexisNexis, Netsmart, Pfizer, PGA, Rocket Companies, Siemens, Media, Inc Locations: North America, U.S, Europe, India, Brazil, Australia, Mexico, Middle East, Africa, Malaysia, New Zealand, Kingdom of Saudi Arabia, Thailand, Berlin, Hulu, Amdocs, Genomics England, GoDaddy, GenAI

☆ Delta posts strong earnings in tough quarter for US airlines
▼ + stars: | 2024-04-10 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

New York CNN —Delta Air Lines reported vastly improved earnings in the first quarter, and the company said results should remain strong the rest of the year. Delta predicted it would report record revenue in the second quarter, it said it expects thinner profit margins. So it now expects earnings per share of between $2.20 to $2.50, which would be down from the record adjusted earnings per share of $2.64 a year ago. Delta has no 737 Max jets in its fleet currently, although it has placed orders for some of the jets. In July 2022 it placed an order for 100 of the Boeing 737 Max 10 jets, the largest version of the Max.

Persons: Ed Bastian, Max, ”, Scott Kirby, Bastian didn’t, “ Organizations: New, New York CNN — Delta Air Lines, Wall, Delta, Boeing, United Airlines ’, Southwest, Airbus, Alaska Airlines, Max, Federal Aviation Administration, Alaska Air, United Airlines Locations: New York, Atlanta, Alaska

☆ Delta Air Lines flies higher on Q1 EPS beat
▼ + stars: | 2024-04-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDelta Air Lines flies higher on Q1 EPS beatCNBC's Phil LeBeau reports on the latest news from Delta Air Lines.

Persons: Phil LeBeau Organizations: Air Lines, Delta Air Lines

☆ Here's why Harris' Alex Fitch favors Kenvue
▼ + stars: | 2024-04-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Harris' Alex Fitch favors KenvueAlex Fitch, Harris Associates director of U.S. Research, joins 'Money Movers' to discuss Fitch's investment thesis towards Delta Air Lines, whether investors are not supposed to buy cyclical stocks at peak earnings, and more.

Persons: Harris, Alex Fitch, Kenvue Alex Fitch Organizations: Harris Associates, U.S . Research, Delta Air Lines

☆ Wednesday’s rapid fire: Delta Air Lines, TSMC, Cava Group, Albemarle and Alibaba
▼ + stars: | 2024-04-10 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWednesday’s rapid fire: Delta Air Lines, TSMC, Cava Group, Albemarle and AlibabaCNBC’s Jim Cramer on Wednesday weighed in on notable moves in stocks outside the Investing Club’s portfolio including Delta Air Lines and Taiwan Semiconductor Manufacturing Company.

Persons: Alibaba CNBC’s Jim Cramer Organizations: Delta Air Lines, Cava Group, Taiwan Semiconductor Manufacturing Company Locations: TSMC, Cava

☆ Delta Air Lines CEO Ed Bastian on Q1 EPS beat: There's more opportunity ahead
▼ + stars: | 2024-04-10 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDelta Air Lines CEO Ed Bastian on Q1 EPS beat: There's more opportunity aheadCNBC’s Phil LeBeau and Delta Air Lines CEO Ed Bastian joins 'Squawk Box' to discuss the airline's quarterly earnings results, business travel demand, state of aviation safety, Boeing's quality concerns, international travel demand, and more.

Persons: Ed Bastian, Phil LeBeau Organizations: Air, Delta Air

☆ Stocks making the biggest moves premarket: Albemarle, Deckers Outdoor, GoodRx, Nvidia and more
▼ + stars: | 2024-04-10 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Nvidia — Stock in the chipmaker slipped less than 1% before the opening bell, but the artificial intelligence play and "Magnificent Seven" leader officially entered correction territory on Tuesday. Shares have fallen 10% from an all-time closing high of $950 per share on March 25. Alibaba Group — The China-based e-commerce stock rose nearly 3% on media reports that co-founder Jack Ma touted the company's management in an internal memo to employees. GoodRx — Shares climbed nearly 4% after KeyBanc upgraded the telemedicine stock to overweight on the heels of a strong subscriber growth forecast. Deckers Outdoor — Shares slipped more than 2% after Truist downgraded the footwear stock to hold over concerns that demand for core products including Hoka is declining.

Persons: Jack Ma, Truist, Ed Bastian, —, Sarah Min, Tanaya Macheel Organizations: Nvidia —, Alibaba, Albemarle —, Bank of America, KeyBanc, Delta Air Lines, CNBC Taiwan Semiconductor Manufacturing Locations: China

☆ Stocks making the biggest moves midday: Cava, Nvidia, Deckers, Block, Taiwan Semiconductor and more
▼ + stars: | 2024-04-10 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Cava — Shares jumped 4.4% after Argus upgraded the Mediterranean food chain to buy from hold, saying investors should buy the dip. Cava has a "long runway to growth," the firm said. Nvidia — Shares rose 1.7% as the "Magnificent Seven" leader tried to claw its way out of correction territory . Earnings came in at 45 cents per share, 9 cents ahead of the 36 cents expected by analysts polled by LSEG. Alibaba — Shares rose 1.2% on news that Jack Ma, co-founder of the China-based e-commerce company, touted Alibaba's management and talked about the potential for AI in an internal memo to employees.

Persons: Truist, Cava —, William Blair, Vital, Jefferies, Wednesday's, Albemarle, Jack Ma, Samantha Subin, Michelle Fox Theobald, Lisa Kailai Han Organizations: Hoka, Argus, Nvidia, Vital, Mizuho, Zillow, National Association of Realtors, GoodRx Holdings, Delta Air Lines, LSEG, Bank of America, Taiwan Semiconductor Manufacturing Locations: Cava, China

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