Callum Keown

Callum Keown Oil prices jumped above $85 a barrel Tuesday as renewed hostilities between the U.S. and Iran sparked fears over supply through the key Strait of Hormuz shipping route.

Airfare inflation slowed in June, but that will be of little comfort to those yet to book their summer vacation. Airline fares rose just 0.2% in June, easing from 2.7% in May and 2.8% in April as jet fuel prices pulled back after surging in the previous months. Delta Air Lines CEO Ed Bastian said fares will stay elevated even if fuel prices moderate during the company’s earnings call Friday.

Callum Keown United Airlines earnings come just days after its rival Delta Air Lines reported but the landscape for the sector has shifted dramatically in that short time.

The carrier's earnings come just days after its rival Delta Air Lines reported but the landscape for the sector has shifted dramatically in that short time.

Callum Keown Nvidia's market value is back above $5 trillion and all is well again. Now it needs to stay there and reclaim its status as a chip winner.

Callum Keown United Airlines Holdings reported second-quarter earnings and revenue that surpassed Wall Street's expectations, and raised its full-year guidance.

The carrier's earnings come just days after its rival Delta Air Lines reported but the landscape for the sector has shifted dramatically in that short time.

Psychedelic drugmaker AtaiBeckley was surging 50% ahead of the open Thursday following a report that pharma giant Eli Lilly is nearing a deal to buy the company . A deal, being negotiated at a premium, could be announced as early as this week, Bloomberg reported, citing people familiar with the matter. The shares jumped 22% in a single day in April when President Donald Trump signed a directive to accelerate the Food and Drug Administration’s review of psychedelic drugs for serious mental illnesses.

The carrier's earnings come just days after its rival Delta Air Lines reported but the landscape for the sector has shifted dramatically in that short time.

Technology stocks were surging early Tuesday but the beaten-down software sector was only enduring more pain as the artificial-intelligence trade sparked back into life. Chip stocks, including Intel, Micron and Marvell were among the biggest risers ahead of the open, along with memory storage names Sandisk and Western Digital.