Four major U.S. airlines may not help passengers much this year
It seems that none of the big U.S. airlines are on track to actually benefit passengers in 2025.
United Airlines (UAL) released its third-quarter earnings yesterday, showing that its cost per available seat mile (CASM) outstripped passenger revenue per available seat mile (PRASM) for the first nine months of 2025.
United’s PRASM stood at 16.00 cents, while CASM hit 16.34 cents, indicating that like other major carriers, United faces higher costs than revenue. Delta Air Lines (DAL) has reported similar issues for the first three quarters.
American Airlines (AAL) and Southwest Airlines (LUV) will report their third-quarter earnings soon; both are projected to have had even worse results over the past two quarters than Delta and United.
However, all four airlines turned a profit last year, largely due to their effective co-branded credit card partnerships.
After the earnings release, United’s stock saw a dip, even though it had risen by 7% since the beginning of this year.
Snowflake’s stock jumps after teaming up with Palantir
Snowflake (SNOW) shares surged by 7% in pre-market trading following news of a partnership with Palantir Technologies (PLTR).
According to a press release, this collaboration aims to combine Snowflake’s AI data cloud with Palantir’s Foundry and Artificial Intelligence Platform (AIP), enhancing data pipeline efficiency and analytics for both commercial and public sector clients.
This year, Snowflake’s stock has increased by roughly 55%. Meanwhile, Palantir climbed 1% in pre-market trading, marking a staggering rise of over 135% for 2025.
Watch Salesforce’s stock as it reacts to positive revenue outlook
Salesforce (CRM) shares climbed in pre-market trading on Thursday after the company announced better-than-expected long-term revenue projections.
They expect sales to surpass $60 billion by 2030, which is notably higher than analysts anticipated. The performance of their Agentforce software, aimed at automating customer service and business operations, is also set to provide over 10% annual revenue growth from fiscal 2026 to 2030.
In recent pre-market trading, Salesforce’s stock rose by 4.8% to $248. However, it had dropped nearly 30% this year due to worries that competing AI solutions could hinder Agentforce’s adoption.
Since touching the 200-day moving average in mid-May, Salesforce has been trapped in a downward pattern, struggling between trend lines. Lately, the 50-day moving average has constrained any upward movement. Yet, with this optimistic earnings forecast, the stock might open near the 50-day moving average, hinting at a potential breakout from its downward trend.
Bank profits remain strong, boosting stock futures
Futures tied to the Dow Jones Industrial Average increased by 0.4%.
S&P 500 futures also climbed 0.4%.
In addition, Nasdaq 100 futures rose by 0.5%.
