Bloomberg Intelligence
Citadel Trading Plan, U.S CPI, Delta Earnings
Jul 11, 2024
Discover insights into Citadel Securities shaking up banks' trading desks, analysis of U.S CPI data, the state of commercial real estate, Delta airlines earnings, and the evolving trading landscape towards technology-driven models
43:57
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Quick takeaways
- Citadel Securities plans to disrupt banks' trading desks.
- Delta Airlines faces challenges with weakened fares impacting revenue generation.
Deep dives
Delta Airlines Reports Weaker-than-Expected Results
Delta Airlines reported weaker-than-expected results, with weaknesses seen in basic economy and economy class fares. While corporate travel increased by 13% and premium products by 10%, overall fares saw a decline year over year. Passenger yields on Latin America routes were notably lower.
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