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Delta Adopts Gradual Expansion with New LAX-Manila Premium Route
Delta Air Lines (DAL) will introduce a phased LAX-Manila service starting March 2027, focusing on premium seating and gradual capacity expansion.
Goldman Sachs Ends Week Up 1% as Investors Focus on Revenue Sustainability
Goldman Sachs (GS) shares ended the week up 1.0% at $1,065.22, even as a 2.76% Friday drop brought the stock 7.5% below its record close, with investors weighing the durability of revenue from equities and FICC.
Viking Therapeutics Holds Phase 3 Focus Despite Weekly Stock Dip
Viking Therapeutics shares declined 4.6% over the past week, yet its valuation premium over Structure Therapeutics persists, reflecting continued investor confidence in its Phase 3 obesity programs.
Chevron Gains 6% on Oil Rally, Iraq Deals Play Second Fiddle
Chevron shares advanced 6.2% last week, closely tracking a 16% jump in WTI crude oil. Non-binding agreements with Iraq were a secondary factor.
Marathon Petroleum's Market Cap Soars $8.5B on Record Refining Margins
Marathon Petroleum's market value surged $8.5 billion as refining margins hit record highs, driving shares up 10.2% to a 52-week high.
3M Stock Edges Up on Azure Deal; Q2 Earnings in Focus
3M shares gained 1.5% last week after Microsoft Azure selected its EBO connectors. Investors await Q2 earnings Tuesday, with consensus estimates of $2.27 EPS and $6.38B revenue.
Valero Hits Record High as Refining Margins Surge Ahead of Q3
Valero Energy (VLO) shares surged to a record close of $309.65, fueled by record-high U.S. refining margins and investor optimism about Q3 performance.
Annaly's High Dividend Faces Scrutiny Ahead of Earnings
Annaly Capital Management's 13% forward yield is under pressure as Q2 earnings approach, with dividend coverage razor-thin and market rates rising.