Delta Air Lines cuts 2026 forecast on fuel surge, but CEO says demand is still strong

Delta Air Lines missed earnings estimates for the first time in two years and slashed its 2026 profit outlook as high fuel prices persist, but CEO Ed Bastian said higher…

Amazon hikes 2026 capex to $220 billion due to higher memory costs

Amazon reported surging cloud growth during the second quarter, pointing to strong artificial intelligence demand, and the company boosted its capital spending forecast for the year. The stock shot up…