United Airlines

US9100471096

UAL

UAL

SpaceX has signed a new contract with United
Airlines
$UAL (-1,27 %) expanded its order pool for Starlink flight Wi-Fi almost doubled, a company director said yesterday.

"We are very excited that we now have approximately 2.500 aircraft under contract.

What originally began as a startup is now evolving into a growing experience that we believe will generate a lot of interest from passengers and airlines worldwide," said Nick Galano, director of Starlink Aerospace Sales and Partnerships at SpaceX, during a panel discussion at World Space Business Week in Paris.

United Airlines
$UAL (-1,27 %) has announced that its entire fleet will be equipped with Elon Musk's Starlink-Internet technology. Passengers will be offered the service free of charge available to passengers.

The week will be pure entertainment.

Monday:

• Release of the Empire State Manufacturing Index (July)
• Start of the Republican National Convention
• Statements by FED Chair Jerome Powell and San Francisco
  Fed President Mary C. Daly
• Quarterly results from Goldman Sachs ($GS (+3,5 %) ), BlackRock ($BLK (+0,66 %) ) and Servis1st Bancshares ($SFBS )

Tuesday:

• Start of the ⚠️Amazon Prime Day⚠️
• Continuation of the Republican National Convention
• Publication of retail sales (June), business inventories (May), import/export prices (June) and the real estate market index (July)
• Quarterly results from UnitedHealth ($UNH (-1,21 %)), Bank of America ($BAC (+2,44 %)), Morgan Stanley ($MS (+0,94 %)), Charles Schwab ($SCHW (+0,64 %)), PNC Financial ($PNC (+1,82 %)), State Street ($STT (+2,07 %)) and J.B. Hunt Transport ($JBHT (+2,82 %))
• Statements by FED Governor Adriana Kugler

Wednesday:

• End of of the ⚠️Amazon Prime Day⚠️
• Continuation of the Republican National Convention
• Publication of housing data (June) and industrial production (June)
• Publication of the FED Beige Book
• Quarterly results from Johnson & Johnson ($JNJ (-1,21 %)), US Bancorp ($USB (+2,02 %)), Kinder Morgan ($KMI (-0,82 %)) and Discover Financial Services ($DFS (+5,48 %))

Thursday:

• Publication of the weekly Jobless Claims (until July 13)
• Publication of of the Philadelphia Fed Manufacturing Index (June)
• Quarterly results from TSMC ($TSM (+4,57 %)), Netflix ($NFLX (+1,43 %)), Novartis ($NVS (+0 %)), Abbott ($ABT (-1,36 %)), United Airlines ($UAL (-1,27 %)) and Intuitive Surgical ($ISRG (+0,68 %))
• ⚠️Abschluss of the Republican National Convention with speeches by Donald Trump (not sure)⚠️

Friday:

• Quarterly results from American Express ($AXP (+1,56 %)), Travelers Cos. ($TRV (-1,3 %)), Halliburton ($HAL (+0,08 %)), Fifth Third Bancorp ($FITB (+1,98 %)), Huntington Bancshares ($HBAN (+1,91 %)) and Regions Financial ($RF (+2,45 %))
• Statements from New York
  FED President
  John C. Williams and Atlanta Federal Reserve President Raphael Bostic

🔴LIVE

A Boeing ($BA (-0,65 %)) 757from United Airlines ($UAL (-1,27 %)) during takeoff from Los Angeles International Airport a wheel. The flight UA1001 returned safely to LAX. United Airlines and the FAA are investigating the incident. This is the second wheel loss of a United aircraft in 2024following a similar incident in March with a Boeing 777.