--Beyond Cancer doses initial patient in Phase 1 study of UNO therapy 08:08 XAIR Beyond Cancer, an… Name Change?
Jim Cramer's Alarming Truth Mon, August 22, 2022, 10:10 AM Jim Crameris a lightning rod when it comes to scrutiny. On one hand, giving investing advice every day on air for years is naturally going to produce some losing picks. However, Cramer has become the focal point of a lot of targeted opposition. For instance, you can check out his ongoing (albeit one-sided) feud with George Noble, who is quick to call out Cramer. Or, you could check out the Journal of Retirement’sin-depth study of Cramer’s Charitable Trust performance and see that “Cramer’s portfolio has underperformed the S&P 500 total return index both on an overall returns basis and in Sharpe ratio.”
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Aug 23, 2022 As Delta Air Lines' competitors make big investments in futuristic airplanes, the Atlanta-based carrier's leader says it still has concerns over whether such investments will pay off. Delta (NYSE: DAL), which has a hub at Minneapolis-St. Paul International Airport, is the only major U.S. carrier that has yetto invest in Colorado-based Boom Supersonic's Overture jet or an electric vertical take-off and landing aircraft, according to a new report from Business Insider. Delta CEO Ed Bastian told Fox Business on Tuesday that he has "a lot more questions than answers still," regarding Overture. "Until we are confident that we could actually generate a reliable return from the aircraft, that's not where we're investing," Bastian said. But other major airlines aren't as cautious. Last week, American Airlines (Nasdaq: AAL) announced it had ordered 20 of Boom's Overture aircraft, with an option for 40 more. The purchase means the Texas-based carrier is on track to become the largest operator of the plane, Business Insider reported. According to a previous estimate, the purchase would set AA back $4 billion. United Airlines (Nasdaq: UAL) has also ordered the supersonic airliner, set to be introduced in 2029. United placed an order for 15 with an option for 35 more in June last year. Both United and American have also invested in electric aircraft, in particular eVTOLs. Earlier in August, United made a $10 million deposit on 100 flying taxis it ordered from San Jose-based Archer Aviation. It's the first payment on United's $1 billion order for eVTOL aircraft from Archer. Though the $10 million is relatively small, United said it marks a "new important phase" in its plans to use Archer's eVTOLs as it launches a foray into the air taxi business. American recently placed a pre-order for 250 of U.K.-based Vertical Aerospace's VX4 flying taxis. And even if Delta for now says it's not interested in making similar purchases like its competitors,travel analyst Henry Harteveldt told Business Insider Delta might decide to buy a supersonic plane or an electric aircraft in the future. They'd need to make sure the investment fits its business model, though. "As far as Boom, there is a lot of skepticism within the aviation industry," Harteveldt said. "Right now, it doesn't have an engine."