American Airlines Forecasts 2026 Loss as Fuel Costs Outpace Fare Gains
American Airlines forecasts a 2026 loss of $1.00–$1.60 per share as jet fuel prices outpace fare gains, despite record third-quarter revenue.
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Lockheed Reports Strong Q3 as It Unveils Multiyear F-35 Production Agreement
Lockheed beat Q3 estimates as it unveiled a multiyear F-35 deal for 850 aircraft, aiming to stabilize supply chains and cut costs.
Spotify Beats Subscriber Guidance as Margins Expand and AI Features Take Center Stage
Spotify reported 788M users and 306M premium subscribers in Q3, with revenue of €5B and a record 33% gross margin. Q4 profit guidance topped estimates.
AEVEX Gains Outperform Rating From Oppenheimer Amid Clarification on GARC Program
Oppenheimer starts coverage of AEVEX with an Outperform rating and $21 price target. The company also reaffirmed its Navy GARC program, confirming no orders were halted.
QuantumScape Jumps on Q3 Progress and First Commercial-Scale Battery Line
Shares advanced following Q3 results showing a narrower loss and progress toward commercial production for AI data centers and defense.
Nokia Shares Fall Despite Strong Q3 Profit Beat as Restructuring Costs and Cash Flow Weigh
Strong AI-driven sales and profit failed to lift Nokia shares, which dropped on elevated restructuring charges and lower cash flow guidance.