CBRE Group, Inc. (NYSE: CBRE) has revised its forecast for the U.S. lodging industry as the COVID-19 Delta variant impacts the level of group and business travel for the fall and winter.
Bond traders are back to work on Tuesday after taking Monday off for Columbus Day. Bonds are trading higher this morning as yields are falling slightly. Lower yields could pull financial stocks lower on the day.
Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.
Wall Street appears to be living up to its roller coaster reputation as stock futures point to a lower open after yesterday’s rally. Inflation continues to be a concern for investors. European markets were shaken by European natural gas prices which exploded 13% overnight.
Israel Aircraft Industries (IAI) announced Monday it will develop a program for converting Airbus A330-300 passenger aircraft into cargo freighters and produce 30 of them for Dublin-based Avolon, the third-largest aircraft leasing company in the world, between 2025 and 2028.
Swiss banking giant Credit Suisse Group AG (NYSE: CS) is working with crypto custody firm Taurus to tokenize shares in adventure sports company and ski resort owner Alaïa SA.
Bitcoin (/BTC) topped $50,000 this morning for the first since May, but traders may be more focused on oil prices and yields. Crude oil (/CL) is continuing its rise as futures traded more than 1% higher before the market open.
Ridesharing options like Uber (NYSE: UBER) and Lyft (NASDAQ: LYFT) have a more costly environmental impact than driving with ones’ personal car, according to a