Stocks closed solidly higher on Thursday for the fourth straight session as investor optimism about the Trump administration continues to run high.

Electronic Arts tumbles after cutting guidance because of underperformance in its soccer game titles, while Arm Holdings and Nvidia give back gains following sharp moves higher after the announcement of the Stargate AI initiative.

American Airlines Sees Cost Escalation Easing Next Year is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership. Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

American said it was anticipating higher costs driven by lower capacity and expensive labor contracts to dampen its first-quarter outlook.

The CEO of the Norfolk Airport Authority says he expects the airport to have direct international flights Caribbean-area locations "very soon." Bringing overseas flights to Europe is more complicated.

GE Aerospace posts strong Q3 results, announces $7B stock buyback; shares soar. American Airlines expects a significant Q4 loss; EA cuts 2025 net bookings guidance.

American expects that revenue will remain strong but earnings will be weighed down by higher non-fuel costs. The stock has performed quite well of late -- up 60% in the last six months, even after Thursday's decline -- and analysts appear to have gotten ahead of operations.

On Thursday, shares of Oracle Corporation (NYSE:ORCL) experienced a significant increase, surging 7% following the announcement of the Stargate Project, a major initiative to enhance domestic AI leadership in the United States.

Fort Worth-based American Airlines’ revenue hit an all time high, but the company is already facing challenges in 2025.

American Airlines forecasts its fleet of long-haul aircraft will increase from about 125 to 200 jets - including about 40 A321XLRs - by the end of the decade.

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.

TikTok's future remains uncertain as ByteDance weighs options, while high-profile investors consider potential bids.