Delta Gives Upbeat Outlook as CEO Hails ‘Stable’ Environment

Delta Gives Upbeat Outlook as CEO Hails ‘Stable’ Environment

Watch Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Intelligence hosted by Paul Sweeney and John Tucker

George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, & Airlines Analyst, discusses Delta Airlines earnings. Delta Air Lines reinstated a profit outlook for the year, expecting an adjusted profit of $5.25 to $6.25 a share, and said travelers are coming back.

Mandeep Singh, Bloomberg Intelligence Senior Tech Industry Analyst, discusses the latest tech news. Nvidia became the first company in history to achieve a $4 trillion market valuation, cementing its status as a kingpin in the global financial market. Plus, Meta Platforms has made high compensation offers to new members of its "superintelligence" team, including a more than $200 million package for a former Apple distinguished engineer.

Poonam Goyal, Senior U.S. E-Commerce and Retail Analyst at Bloomberg Intelligence, discusses the latest retail and e-commerce news. Amazon expanded its annual Prime Day summer sale to four days from two, betting the extension would give shoppers more time to navigate the millions of deals on its web store. Momentum Commerce said its Amazon sales plunged 41% on Tuesday when compared with the start of Prime Day last year.

Mary Ross Gilbert, Bloomberg Intelligence, Senior Equity Analyst, Covering Retail discusses how Ralph Lauren is being impacted by tariffs. Ralph Lauren Chief Executive Officer Patrice Louvet said demand for its signature clothing remains strong.

See omnystudio.com/listener for privacy information.

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Jaksot(3529)

Paramount Closes Warner Merger in Historic Hollywood Deal

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CH Robinson to Buy RXO for $5.8 Billion in Bet on AI Model

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Employment Traits of Gen Z, 'Juicy' Bond Yields, Americans Quit Bowling

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Bloomberg Money takes the pulse of your financial life, powered by the reporting of our global newsroom. Today's guests: Suzy Welch, NYU Stern School of Business Professor Torsten Slok, Apollo chief ...

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Tesla’s EV Sales Top Estimates With Car Business Stabilizing

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Micron Gives Bullish Forecast, Even as Pay Raises Crimp Margins

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Apple Is Ready to Make Long-Awaited Push Into Smart-Home Market

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Smart Ring Maker Oura Delays IPO

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Nvidia Boosts Share Buyback Program by $150 Billion

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