Reported 9 days ago
Delta Air Lines has withdrawn its full-year financial guidance due to uncertainties stemming from the ongoing trade war, signaling potential challenges for other companies as well. Analysts suggest that many businesses may revise their forecasts in an unpredictable market where escalating tariffs contribute to negative economic expectations. The CEO of Delta expressed caution, indicating that future projections beyond the next few months remain unclear. In contrast, Walmart reaffirmed its profit outlook but acknowledged that tariff impacts have complicated its operating income predictions.
Source: YAHOO