Mixed on Wall Street: Airline stocks take off

Mixed on Wall Street: Airline stocks take off

-United and Delta Air Lines appear to be relative safe havens in a world of uncertain consumer trends, a Morgan Stanley analyst told MarketWatch.

Release numbers after closing time

Giant of power Netflix Shows first quarter numbers after the New York Stock Exchange closes. On Wall Street, Netflix shares closed 0.41% lower at $611.15.

The company estimates its revenues at $9.24 billion, an increase of 13.2 percent from the previous year, with a profit of $4.49 per share. stock. Wall Street expects revenue of $9.27 billion and earnings of $4.51 per share. share, a net increase of 5.1 million subscribers in the period, MarketWatch reports.

The result was income of $9.4 billion and earnings per share of $5.28.

In the aftermarket at 22.40 Norwegian time, the stock fell by 3.41 percent.

American macro numbers

US labor market data shows the number of first-time applicants for unemployment benefits reached 212,000 last week, lower than the expected 215,000.

The Philadelphia Fed Index, which measures business activity in Philadelphia, rose to 15.5 points in April, well above expectations of 1.5 points.

The Fed's “Beige Book” also reported an increase in economic activity since February, with ten of twelve regions recording weak to modest growth.

Oil, Iran and cryptocurrencies

West Texas Intermediate crude closed 0.06 percent higher at $82.74 a barrel. The price of Brent crude from the North Sea also rose by 0.03 percent to $86.97 per barrel. barrel.

Iran exports more oil than at any time in the past six years, giving the Iranian economy an annual increase of $35 billion. This comes as Western countries are discussing imposing various sanctions on the country, following its attack on Israel, the Financial Times reported.

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Iran sold an average of 1.56 million barrels per day in the first three months of the year, almost all of it to China, the highest level since the third quarter of 2018, according to data firm Vortexa.

Bitcoin closed 0.19 percent lower at $63,426. The price of Ethereum rose 3.14 percent to $3,066.22 Ethereum.

Dalila Awolowo

Dalila Awolowo

"Explorer. Unapologetic entrepreneur. Alcohol fanatic. Certified writer. Wannabe tv evangelist. Twitter fanatic. Student. Web scholar. Travel buff."

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