It’s Time to Reconsider Airline Stocks. Here Are Four Reasons Why.
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Frank Holmes discusses the potential resurgence of airline stocks as of September 13, 2024; Bank of America reports strong TSA throughput with over 2.5 million daily passengers; July 2024 saw a record of 3 million passengers screened in one day; U.S. airlines are reducing domestic capacity to improve pricing power; lower fuel prices are expected to boost earnings for airlines like United and Alaska Airlines; historically, airlines outperform in the fall, particularly in September, October, and November; U.S. airlines reduced debt from $168 billion in 2021 to $143 billion in 2023; American Airlines announced a purchase of 260 new aircraft in March 2024; Delta raised its earnings expectations to $5-$7 per share despite challenges; Alaska Airlines raised its earnings outlook due to strong demand; Southwest Airlines is set for board changes with six directors retiring in November 2024; the article suggests that now is an ideal time for value-conscious investors to consider airline stocks.
#AirlineStocks #Investment #BankOfAmerica #Earnings #MarketTrends #Tsa #Capacity #FuelPrices #FallPerformance #DebtReduction
https://www.usfunds.com/resource/its-time-to-reconsider-airline-stocks-here-are-four-reasons-why/ nostr.fmt.wiz.biz
Will US law banning TikTok prevail on secret government evidence?
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The US government seeks to ban TikTok, citing national security concerns; TikTok, used by 170 million Americans, must secure a non-Chinese buyer by January 19, 2025, or face removal; the law was supported by bipartisan legislation and passed in April; the Justice Department's filings include 'highly sensitive' information kept secret from the public and petitioners; TikTok argues the government lacks evidence of a threat and demands disclosure of classified information; the court will hear oral arguments on September 18, 2024; experts suggest the court may favor the government due to national security consensus; concerns arise over public confidence in the legal system if secret evidence is used.
#Tiktok #UsLaw #NationalSecurity #Bytedance #LegalCase #GovernmentSecrecy #FirstAmendment #Bipartisan #CourtRuling #SocialMedia
https://www.scmp.com/news/china/article/3278499/will-us-law-banning-tiktok-prevail-secret-government-evidence?module=United%20States%20%26%20Canada&pgtype=section nostr.fmt.wiz.biz
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