Many Americans were locked in place during the holidays.
Christmas holiday travel plans were largely halted as winter-storm Elliot — which later turned into a bomb cyclone — blew its high winds and icy snow at sub-zero temperatures across most of the continental U.S.
Southwest Airlines Co (NYSE: LUV) expects the disturbance in flight operations due to the winter blizzard to continue for a few more days.
Strong winds that intensified into a cyclone played havoc with people’s traveling plans across the U.S. during the Christmas holidays.
This year has been a bear on the mortgage market as the average interest rate for the most popular long-term mortgage — 30-year fixed — is more than double what it was a year ago.
Winter Storm Elliott is sweeping across the U.S. just in time to potentially create disruptions for the holiday weekend.
While the potential bomb cyclone may disrupt critical holiday sales for some companies, it could also be a Christmas gift for winter weather stocks.
Raymond James analyst Savanthi Syth has listed the updates on the U.S. airlines.
The analyst said in a survey conducted by Raymond James with about 100 investors, 56% said they expect to travel more for business trips in 2023.
J.P. Morgan analyst Joseph Greff provides insight on the outlook for gaming and lodging stocks/companies in the fiscal year 2023.
The analyst sees more compelling value and better risk-rewards in gaming versus lodging, given better values and differing sets of investors’ expectations for fundamentals.