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Transportation Average Ishares ETF (NY: IYT )

67.05 +0.26 (+0.39%)
Streaming Delayed Price Updated: 10:40 AM EDT, Oct 4, 2024 Add to My Watchlist
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All News about Transportation Average Ishares ETF

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Uber & Avride Join Forces for Autonomous Delivery; Partners With ENSO For Low-Emission EV Tires
UBER announces partnership with Avride for delivery robots and autonomous vehicles. Will expand to Dallas and Jersey City. 
Via Benzinga
This Analyst Sees More Than 25% Upside In Uber Thanks To Increased Food Delivery Penetration
Oppenheimer raises Uber's price target to $95 and maintains Outperform rating. Survey shows potential for new user acquisition. Delivery trends also favorable. 
Via Benzinga
J.B. Hunt Expands Fleet with 20 Nikola EVs: What's Going On?
J.B. Hunt shares rose 1.25% to $173.65 after announcing the addition of 20 Nikola Tre fuel cell electric vehicles to enhance its sustainability solutions. 
Via Benzinga
Uber Secures $5B Revolving Credit Facility, Also Teams Up With Spirit Halloween for Delivery
Uber partners with Spirit Halloween for on-demand delivery services. Customers can get discounts and no fees. Also, new credit agreement with Bank of America and partnership with WeRide for... 
Via Benzinga
Uber Teams With WeRide For UAE Robotaxi Rollout: Details
Uber partners with WeRide to launch a fleet of autonomous vehicles in Abu Dhabi, marking a significant move into the UAE market. 
Via Benzinga
Is The Market Over The Hump?
SPY sits on its 50-daily moving average. The Leadership against the Long Bonds or TLT flipped in favor of SPY. Should this remain the case, the market is risk on. 
Via Talk Markets
The Market Has Come Down To These Key Sectors
With price sitting right on the 200-weekly moving average, if XRT closes above it or below it, next moves will be obvious. 
Via Talk Markets
US Port Strike In October Could Lead To Major Supply-Chain Disruptions, Says Container Trade Expert
Potential strike by dockworkers at U.S. ports in October could disrupt the supply chain. and impact sectors like retail, automotive and semiconductors. 
Via Benzinga
Topics Economy
Exposures Supply Chain
Uber Stock Spikes As CEO Praises Waymo's 'Fully Autonomous Trips'
Uber Technologies shares are trading higher after the company and Waymo announced an expansion of their partnership. 
Via Benzinga
Norfolk Southern To See Volume Gains Amid Productivity Improvements Despite Management Churn: Analyst
BofA Securities maintains a Buy rating on Norfolk Southern with a $259 target, citing new CEO Mark George's role in driving operational improvements and reaffirmed 2024 targets. 
Via Benzinga
Hurricane Disrupts UPS Deliveries In Southern US: Details
UPS warns of possible delays in Southern U.S. due to Hurricane Francine. Biden approves emergency declaration for Louisiana. 
Via Benzinga
Economic Modern Family-The Good, Bad and Ugly
When we examine the weekly charts, we see a return to August lows possible. We see a return to May lows as a gift. Let's take a deeper dive... 
Via Talk Markets
Uber Reaffirms Commitment To South Korean Market: Report
Uber reaffirms commitment to South Korean market, focuses on attracting more taxi drivers to compete with dominant player Kakao. CEO confident in growth. 
Via Benzinga
Uber Hires Tesla Veteran Who Was Previously Laid Off By Elon Musk: Report
Uber stock dips as the company hires former Tesla executive Rebecca Tinucci to lead its transition to a zero-emissions platform. 
Via Benzinga
Topics Workforce
Exposures Layoff
Did Granny Retail And Buffett Save The Equities Market?
XRT told us a lot after the economic data already out earlier in the week (CPI PPI), and then the retail sales and earnings reports that came out today. 
Via Talk Markets
ETFs Where Are They Now?
Did this past week really resolve which way the Modern Family wants to go from here? In some ways yes and other ways no. 
Via Talk Markets
Topics ETFs
Is The Correction In The Market Over?
On the weekly chart, the Russell 2000 held the 200 and 50-week moving averages. 
Via Talk Markets
Divided We Stood, United We Fall
Considering the bifurcation of the sectors and that the Long Bonds TLT were already flashing risk off, this week’s unified selling comes as no surprise. 
Via Talk Markets
Inflation, Recession, Or Soft Landing-Which?
Are we headed for a new round of inflation, recession or a soft landing? The market will tell us and until then it really is anybody’s guess. 
Via Talk Markets
Topics Economy
Exposures Economy Interest Rates
Uber And BYD Team Up For Electric Future,100K EVs To Hit The Road
Uber & BYD partner to add 100,000 electric vehicles to Uber platform in key markets. Aims to lower EV ownership cost for drivers & boost adoption. 
Via Benzinga
Monday Quarterbacking The Major Sector ETFs
All but Retail XRT. But XRT only garnered a rally early in the day and settled within last week’s range. 
Via Talk Markets
Did The Market Just Rally Into Resistance?
A discussion about the rotation. With the heavy week of data, is this rally sustainable? 
Via Talk Markets
Norfolk Southern Poised for Long-Term Efficiency, Analyst Projects Improved Operating Ratios
Norfolk Southern reported upbeat Q2 results, driving analysts to revise their price targets. RBC lowered to $267, Goldman Sachs raised to $292, and Stifel and Wells Fargo maintained ratings. 
Via Benzinga
What's Going On With Uber Technologies Shares Today?
California Supreme Court upholds Prop 22, affirming the decision for the rideshare companies to consider drivers as independent contractors. 
Via Benzinga
The Long Bonds Update
Should TLT clear July highs, we see a potential shift in the landscape with fears of recession starting to emerge. 
Via Talk Markets
Topics Economy
Exposures Economy
The Market Requires 7 Pairs Of Eyes!
A disjointed technical picture means that investors should respect the weaker seasonality. Investors should respect the strong sectors and not overthink. We have learned that regardless of political... 
Via Talk Markets
Why Is Logistics Giant FedEx's Stock Trading Lower Today?
FedEx shares fell after a global IT outage caused network disruptions. It remains unclear if FedEx's issues are related to outages at Microsoft and CrowdStrike. 
Via Benzinga
Why J.B. Hunt Transport Services Shares Are Falling Today
J.B. Hunt Transport Services, Inc. reports lower Q2 2024 results, with operating revenue down 7% and adjusted EPS missing consensus. 
Via Benzinga
Granddad Russell 2000 Hurdles The July Calendar Range
Small caps are on fire. 
Via Talk Markets
Southwest Pilots Failed To Review Runway Closure Notice Before Takeoff, Preliminary Investigation Report Says
In June, a Southwest Airlines Co. (NYSE: LUV) flight took off from a closed runway, sparking investigations from U.S. safety officials. The crew missed a crucial notice about the runway closure,... 
Via Benzinga
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