RCA Telegram News California - Economy (English)

American Airlines shares fall on lackluster 2025 profit outlook

Shares of American Airlines plunged Thursday after the carrier released a disappointing 2025 profit outlook even as its earnings topped expectations in the most recent quarter.

Wall Street's AI-fuelled rally falters

A tech-fuelled rally on Wall Street faltered on Thursday as concerns about interest rates and high stock valuations sapped investor confidence.