Alaska Air Gr Option Alert: May 16 $55 Calls at the Ask: 3910 vs 6952 OI; Earnings 4/17 Before Open [est] 

Alaska Air Gr Option Alert: May 16 $55 Calls at the Ask: 3910 @ $2.13 vs 6952 OI; Earnings 4/17 Before Open [est] Ref=$50.97

Alaska Air Gr (NYSE:ALK) Bolsa

Alaska Air Gr

Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments. The Alaska Airlines segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Hawaiian Airlines segment includes scheduled air transportation on Hawaiian's Boeing and Airbus aircraft for passengers and cargo. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.

Alaska Air Group

Alaska Air Group Inc

ALKANE RES LTD ORD by Alkane Resources Ltd.

Alkane Resources Ltd

Alkaline Fuel Cell Power Corp

ALASKA HYDRO CORP ORD by Alaska Hydro Corp.

Alaska Hydro Corp

ALKAME HOLDINGS INC by Alkame Holdings, Inc.

Alkame Holdings Inc

Alkane Inc

Alkermes PLC

ALKERMES PLC ORD

Alkami Technology Inc

WIIM

JBLU

Shares of airline stocks are higher. The Trump administration has reportedly proposed its new air traffic control system plans.

<a href="https://www.youtube.com/watch?v=WElDJC0Q_kQ" title="https://www.youtube.com/watch?v=WElDJC0Q_kQ">https://www.youtube.com/watch?v=WElDJC0Q_kQ</a>

Macro Economic Events

News

Global

Economics

ULCC

President Trump Says Now In Market To Buy Brand New Air Traffic Control System; Going Out To Bid Very Soon; ATC System Would Cover Entire World

President Trump Says Will Talk Soon With Heads Of Airlines

Alaska Air Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) announced Monday that it partnered with Jumio to integrate Jumio ID Verification into their mobile app, streamlining check-in and reducing <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/b45189279/alaska-airlines-partners-with-jumio-to-provide-faster-more-efficient-travel" rel="noreferrer noopener">hassle for international travelers</a>.
This allows international travelers with U.S. and Canadian passports to verify their identity in real time, bypassing check-in lines.
Jumio&#8217;s AI-powered solution supports over 5,000 ID subtypes globally, ensuring reliable and comprehensive verification.
Natalie Bowman, vice president of digital experience at Alaska Airlines, added, &#8220;Through this partnership, guests can verify their travel documents directly in their Alaska Airlines app, saving time in the airport lobby and at their gate.&#8221;
Bala Kumar, chief product and technology officer at Jumio, added, &#8220;We are proud to partner with Alaska Airlines to help travelers save time at the airport and to drive adoption rates for self-service ID verification,&#8221;&nbsp;
In April, the company reported&nbsp;first-quarter&nbsp;sales&nbsp;growth of 41% year over year (Y/Y) to $3.14 billion, which missed<a target="_blank" href="https://www.benzinga.com/25/04/44976464/alaska-air-hit-by-demand-dip-in-q1-loss-skips-fy25-guidance-update-amid-uncertainty" rel="noreferrer noopener"> the street view of&nbsp;$3.17 billion</a>.
Adjusted EPS loss&nbsp;of 77 cents, missed&nbsp;<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">the consensus loss of&nbsp;74 cents</a>. The loss reflects a softening demand environment and macroeconomic factors.
Alaska Air stock is trading higher on Monday on account of a drop in crude oil price, which reduces the input cost for airlines.
Investors can gain exposure to the stock via&nbsp;Avantis U.S. Small Cap Value ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVUV#NYSE">AVUV</a>) and U.S. Global Jets ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JETS#NYSE">JETS</a>)
Price Action: ALK shares are up 4.16% at $48.95&nbsp;at the last check on Monday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/45020724/airlines-face-significant-pressure-analysts-adjust-expectations-after-q1-results" target="_blank" rel="noreferrer noopener">Airlines Face &#8216;Significant Pressure&#8217;: Analysts Adjust Expectations After Q1 Results</a></li>
</ul>
Photo via Shutterstock

Equities

Large Cap

Contracts

Movers

AVUV

JETS

Alaska Airlines Taps Jumio's AI for Frictionless International Travel

RYAAY

Shares of airline companies are trading higher amid a drop in the price of crude.

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.jumio.com%2F&amp;esheet=54248293&amp;newsitemid=20250505397831&amp;lan=en-US&amp;anchor=Jumio&amp;index=1&amp;md5=bf0dbd5e1948b50064d06813fa39734c">Jumio</a>, the leading provider of automated, AI-driven biometric identity verification, risk signals and compliance solutions, has partnered with <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.alaskaair.com%2F&amp;esheet=54248293&amp;newsitemid=20250505397831&amp;lan=en-US&amp;anchor=Alaska+Airlines&amp;index=2&amp;md5=d4df35f4c8d4e1912cdc362379902654">Alaska Airlines</a> to make check-in easier than ever for international travelers.
Alaska Airlines is committed to providing its guests with a caring and seamless travel experience. This has led the airline to pursue innovations that enhance guests' experience throughout the travel process, from the time they are searching for flights to their day of travel. As part of this effort, Alaska has invested in redefining its check-in experience, with an emphasis on self-service, digital offerings that minimize time spent in the airport lobby, helping guests get to security in five minutes or less.
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.jumio.com%2Fproducts%2Fid-verification%2F&amp;esheet=54248293&amp;newsitemid=20250505397831&amp;lan=en-US&amp;anchor=Jumio+ID+Verification&amp;index=3&amp;md5=e4f203215443aa471b5cae49dd1927e2">Jumio ID Verification</a> is now fully integrated into the Alaska Airlines mobile app, enabling international travelers with U.S. and Canadian passports to verify their identity without standing in line at the check-in counter. This allows Alaska Airlines to establish the genuine identity of their guests — both individual travelers and multi-passenger itineraries — by verifying government-issued IDs in real time, automatically. Jumio offers the most comprehensive ID verification solution on the market, accepting and reliably verifying multiple types of government-issued IDs including passports, driver's licenses and ID cards. In total, Jumio supports more than 5,000 ID subtypes around the globe.

Alaska Airlines Partners with Jumio to Streamline International Check-In for Faster, Seamless Travel

AZUL

VLRS

Shares of airline stocks are trading higher amid overall market strength following April's jobs data and reports that China's Commerce Ministry is assessing possible trade talks with the US. Better-than-feared jobs data and a potential trade deal could ease some concerns over consumer spending.

<a href="https://www.youtube.com/watch?v=EG2bv8Cjg28">https://www.youtube.com/watch?v=EG2bv8Cjg28</a>
&nbsp;

Politics

General

U.S. Transportation Secretary Duffy Says Trump Administration Will Release Its Plan Next Week On How To Fix Air Traffic Infrastructure

Our guests can soon book nonstop flights on Philippine Airlines from Honolulu and our&nbsp;West Coast hubs to Manila at alaskaair.com, plus earn and redeem Mileage Plan miles&nbsp;
&nbsp;Alaska Airlines is celebrating the addition of our newest global airline partner, Philippine Airlines, the flag carrier of the Philippines and the oldest operating commercial airline in Asia. With our new frequent flyer partnership, Alaska becomes Philippine Airlines' first loyalty partner in North America, opening the door for our guests to book travel to exotic, once-in-a-lifetime destinations such as Palawan and Boracay in the Philippines.
In the coming months, our guests will be able to book flights on Philippine Airlines directly at <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4417598-1&amp;h=2805840937&amp;u=https%3A%2F%2Fwww.alaskaair.com%2F&amp;a=alaskaair.com">alaskaair.com</a>, earn Mileage Plan miles for their travel and redeem Mileage Plan miles for Philippine Airlines flights.
Philippine Airlines offers a variety of flight options between Alaska's hubs in Honolulu and the West Coast to Manila: Five nonstop flights a week from Honolulu; three nonstops a week from Seattle; two daily nonstops from Los Angeles; and a daily nonstop from San Francisco. From Philippine Airlines' hub in Manila, travelers can connect to dozens of additional destinations in Asia and elsewhere.
"Philippine Airlines is a terrific addition to our roster of global airlines offering world-class service and amenities," said Brett Catlin, vice president of loyalty, alliances and sales at Alaska Airlines. "We're excited to make this announcement as we mark the beginning of Asian American, Native Hawaiian and Pacific Islander Heritage Month. The large Filipino communities living in Hawaii, California and Washington state can travel on Philippine Airlines long-haul, widebody aircraft and soon earn valuable Mileage Plan miles on their transpacific journeys."
This new partnership builds on the existing one that Hawaiian Airlines already had in place with Philippine Airlines. With the combination of Alaska and Hawaiian, we're delivering more for our guests, including improvements and expansions to the partnership between Hawaiian and Philippine Airlines. In addition to Philippine Airlines continuing to offer Hawaiian codeshare flights on its website, Hawaiian flyers will soon be able to earn and redeem miles on Philippine Airlines when they use their Mileage Plan number.

Alaska Airlines Announces Addition Of Philippine Airlines As Newest Global Partner

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer said Alaska Air Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) can still go lower. &#8220;It's really well-run, so don't take this the wrong way, but the airlines are wrong to own right here because people think we're going into a travel recession.&#8221;
On the earnings front, <a href="https://www.benzinga.com/quote/ALK">Alaska Air Group</a> reported worse-than-expected first-quarter financial results on April 23 and issued second-quarter adjusted EPS guidance below estimates.
Kimberly-Clark Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) did not make the quarter, Cramer said. &#8220;I was a little bummed out. Let's wait 'til it goes lower.&#8221;
On April 22, Kimberly-Clark posted first-quarter adjusted earnings per share of $1.93, beating the analyst consensus estimate of $1.89. Quarterly sales of $4.84 billion (down 6%) missed the street view of $4.88 billion.
CrowdStrike Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) is &#8220;terrific&#8221; for the long term, Cramer said. &#8220;We had to take some profits the other day, too, because it just got too big.&#8221;
CrowdStrike showcased Charlotte AI Agentic Response and Charlotte AI Agentic Workflows on Monday, marking progress in modern SOC operations.
When asked about Dillard&#8217;s, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DDS#NYSE">DDS</a>), he said, &#8220;You're going to be struggling to make money in any other retailer other than Costco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>). I don't think Dillard's is a place to be.&#8221;
According to recent news, Dillard&#8217;s amended and extended its $800 million senior secured revolving credit facility on March 17.
Nextracker Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXT#NASDAQ">NXT</a>) is &#8220;not great, not bad,&#8221; Cramer said. "This is technology all made in America. So, I think you're ok.&#8221;
Nextracker, meanwhile, will announce its fourth quarter fiscal 2025 financial results after the closing bell on Wednesday, May 14.
Price Action:
<ul>
<li>Alaska Air shares gained 1.6% to settle at $43.70 on Tuesday.</li>
<li>Kimberly-Clark shares fell 0.3% to close at $130.55 during the session.</li>
<li>CrowdStrike shares gained 1.9% to settle at $430.99 on Tuesday.</li>
<li>Dillard's shares gained 1% to close at $343.15.</li>
<li>Nextracker shares slipped 0.3% to close at $43.07 on Tuesday.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/45064976/top-3-industrials-stocks-which-could-rescue-your-portfolio-in-q2">Top 3 Industrials Stocks Which Could Rescue Your Portfolio In Q2</a></li>
</ul>
Photo: Shutterstock

Media

COST

CRWD

Jim Cramer: This Tech Stock Is 'Not Great, Not Bad', Alaska Air Can Still Go Lower

American Airlines Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), Alaska Air Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) and Southwest Airlines Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) reported their quarterly results broadly in-line with the tone set by Delta Air Lines Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) and United Airlines Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), according to JPMorgan.
The Airlines Analyst: <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58485285ee7bf6000154d235/jamie-baker">Analyst Jamie Baker</a> maintained ratings, while cutting price targets.
<ul>
<li>American Airlines: Overweight, price target reduced from $26 to $19</li>
<li>Alaska Air Group: Overweight, price target cut from $89 to $73</li>
<li>Southwest Airlines: Underweight, price target trimmed from $30 to $23</li>
</ul>
"Low-end domestic demand is under significant pressure, premium and international remain the bright spots for now, and loyalty returns continue to help cushion the aggregate impact to earnings," Baker said in a note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
American: The company reported adjusted loss of 59 cents per share, slightly better than consensus of 69 cents per share, the analyst stated. "Passenger revenue was roughly flat, on capacity down 1pt YoY," he added. While American Airlines continue to make progress in recapturing its historical share of indirect revenue by yearend, its margin performance has been flat, Baker said.
Alaska Air Group: The company's adjusted loss came in at 77 cents per share, worse than its January guidance of between 70 and 50 cents per share, the analyst stated. "Management cited a 3pt top-line disruption from demand softness during the quarter, which (all things being equal) would have placed the company comfortably ahead of its guidance," he wrote.
Southwest: The company reported an adjusted loss of 13 cents per share. That&#8217;s better than the consensus of 18 cents per share. Total EBIT minus cost of initiatives implies an EBIT loss of $100 million — $447 million worse than in 2024, Baker said.
Price Action: At the time of publication on Friday, shares of:
<ul>
<li>American Airlines had risen by 0.30% to $9.64</li>
<li>Alaska Air had risen by 1.13% to $41.98</li>
<li>Southwest Airlines had declined by 0.95% to $26.19</li>
</ul>
Read More: 
<ul>
<li><a href="https://in.benzinga.com/25/04/44982328/american-airlines-flies-into-uncertainty-q1-revenue-miss-2025-outlook-pulled-but-debt-plan-on-track">American Airlines Flies Into Uncertainty: Q1 Revenue Miss, 2025 Outlook Pulled, But Debt Plan On Track</a></li>
</ul>
Image: Shutterstock

Analyst Color

Earnings

Price Target

Reiteration

Analyst Ratings

Airlines Face 'Significant Pressure': Analysts Adjust Expectations After Q1 Results

The airline industry is back in the headlines, though not in a way that would make investors cheer. Another batch of earnings releases from large U.S. carriers—American Airlines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), Southwest Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>), and Alaska Air (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>)—has brought a somber message: the skies are cloudy for forward-looking guidance. As these airlines take back their 2025 outlooks in response to escalating macroeconomic uncertainty, investors holding <a href="https://www.benzinga.com/etfs">airline-themed ETFs</a> are replanning their altitude.
ETFs In Focus
These are the three most susceptible ETFs most exposed to the turbulence shaking up the skies:
U.S. Global Jets ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JETS#NYSE">JETS</a>)
This is the most widely held airline ETF among most investors, providing access to a portfolio of global airline shares, with a heavy U.S. bias. JETS has large stakes in Delta Air Lines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), United Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NYSE">UAL</a>), American, and Southwest—all of which have watched their share prices spiral downward more than 20% on an average so far into 2025. Needless to say, JETS has declined sharply year to date, almost 23%, both as a result of weaker domestic demand and increasing economic headwinds.
Also Read: <a href="https://www.benzinga.com/etfs/specialty-etfs/25/04/44993378/schd-is-down-but-its-dividend-is-up-and-these-2-etfs-are-quietly-catching-up">SCHD Is Down, But Its Dividend Is Up And These 2 ETFs Are Quietly Catching Up</a>
iShares Transportation Average ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/IYT#BATS">IYT</a>)
Although not airline-centric, IYT does have high exposure to airlines, along with freight and logistics stocks. The fund has been stressed by weakness within the passenger air travel component, as air travel demand between the U.S. and other countries especially Canada, has been affected due to tariffs and is susceptible to additional challenges if the slowdown permeates to cargo and global travel.
SPDR S&amp;P Transportation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XTN#NYSE">XTN</a>)
XTN provides equal-weighted exposure to the wider transportation space, including regional carriers. It&#8217;s more attuned to under-the-radar participants such as Alaska Air, which have fallen harder than their big-cap peers because they&#8217;ve been more dependent on domestic routes—now the weakest part of the market.
Guidance Cuts
Although first-quarter results were largely better than projected, the actual theater of action is in the empty forecast columns.
American Airlines topped revenue expectations and reported a smaller-than-expected Q1 loss, but <a href="https://www.benzinga.com/25/04/44982328/american-airlines-flies-into-uncertainty-q1-revenue-miss-2025-outlook-pulled-but-debt-plan-on-track">withdrew its full-year forecast</a>, stating visibility is limited and clouds are dense.
Southwest seconded that view, regardless of record Q1 revenue, <a href="https://www.benzinga.com/general/travel/25/04/44968055/southwest-airlines-tosses-out-profit-guidance-amid-macroeconomic-uncertainty-shares-slide-despite-better-than-expected-q1-results">withdrawing earnings guidance for 2025 and 2026</a> after experiencing demand weaken over the course of the quarter.
Alaska Air fell <a href="https://www.benzinga.com/25/04/44976464/alaska-air-hit-by-demand-dip-in-q1-loss-skips-fy25-guidance-update-amid-uncertainty">short on revenue and sharply reduced Q2 expectations</a>, stating it is anticipating a 6 percentage point revenue hit from soft demand.
If investors were expecting clarity, they received fog instead.
Macro Headwinds And Tariff Crosswinds
Aside from consumer demand, geopolitics and trade tensions are also blowing fiercely. Tariffs imposed by President Donald Trump have contributed to growing economic uncertainty, with spillovers affecting airline sentiment. 
Boeing, meanwhile, is seeking to reroute dozens of undeliverable planes originally destined for Chinese customers. &#8220;We have many customers who want near-term deliveries, so we plan to redirect the supply to the stable demand. And we are not going to continue to build aircraft (and ship it) to customers who will not take them,&#8221; Boeing CEO Kelly Ortberg explained <a href="https://www.benzinga.com/markets/equities/25/04/44970516/boeing-adjusts-strategy-amid-trump-tariff-fallout-ceo-kelly-ortberg-says-wont-build-aircraft-for-customers-who-will-not-take-them-as-china-halts-deliveries">in the earnings call.</a>
So far this year, American Airlines has fallen 43%, Southwest is down 22%, Delta and United have slid 30% and 28%, respectively.
The domestic demand drag is evident across the board. Airlines are hoping that international and premium segments, currently holding up, don't catch the same cold, as expressed by TD Cowen analyst Tom Fitzgerald, <a href="https://www.barrons.com/articles/american-southwest-airlines-earnings-stock-price-498f8b9c">cited </a>by Barron&#8217;s. But that's a risky bet in a macro environment where clarity is more elusive than a free in-flight upgrade.
What's Next For Airline ETFs?
Investors are struggling with mixed signals: strong near-term performance in certain segments vs. gigantic uncertainty to come. Fitzgerald warned that airline stocks are likely to remain range-bound until more definitive economic data are available, citing risks to second-half 2025 and 2026 earnings estimates.
While airline ETFs might still be a long-term bargain—currently, investors are in a holding pattern. Until economic skies brighten, it may be best to have that seatbelt tightly buckled.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/04/44947467/voo-vs-vti-buffett-approves-this-battle-for-your-portfolio">VOO Vs. VTI: Buffett Approves This Battle For Your Portfolio</a></li>
</ul>
Photo: Shutterstock

Sector ETFs

ETFs

iShares Dow Jones Transportation Average Index Fund

Airline Stocks Hit Headwinds As Carriers Cut Guidance, ETFs Enter Turbulence

Barclays analyst Brandon Oglenski maintains Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) with a Overweight and lowers the price target from $62 to $55.

Barclays Maintains Overweight on Alaska Air Gr, Lowers Price Target to $55

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Industrials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GEO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$30.00</td>
<td>$93.7K</td>
<td>5.9K</td>
<td>2.1K</td>
</tr>
<tr>
<td>LYFT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$12.00</td>
<td>$31.5K</td>
<td>4.2K</td>
<td>647</td>
</tr>
<tr>
<td>ALK</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$27.50</td>
<td>$69.7K</td>
<td>38</td>
<td>500</td>
</tr>
<tr>
<td>RBA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$95.00</td>
<td>$39.0K</td>
<td>1.3K</td>
<td>150</td>
</tr>
<tr>
<td>PAYC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$190.00</td>
<td>$28.3K</td>
<td>142</td>
<td>101</td>
</tr>
<tr>
<td>BA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$160.00</td>
<td>$330.8K</td>
<td>729</td>
<td>74</td>
</tr>
<tr>
<td>LUV</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$27.50</td>
<td>$32.8K</td>
<td>761</td>
<td>70</td>
</tr>
<tr>
<td>GEV</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$400.00</td>
<td>$140.0K</td>
<td>117</td>
<td>67</td>
</tr>
<tr>
<td>CAT</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>05/16/25</td>
<td>$300.00</td>
<td>$80.0K</td>
<td>943</td>
<td>59</td>
</tr>
<tr>
<td>GE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/20/26</td>
<td>$280.00</td>
<td>$71.0K</td>
<td>17</td>
<td>58</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For GEO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>), we notice a call option sweep that happens to be bullish, expiring in 22 day(s) on May 16, 2025. This event was a transfer of 375 contract(s) at a $30.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $93.7K, with a price of $250.0 per contract. There were 5933 open contracts at this strike prior to today, and today 2105 contract(s) were bought and sold. 
• For LYFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>), we notice a put option sweep that happens to be bearish, expiring in 420 day(s) on June 18, 2026. This event was a transfer of 112 contract(s) at a $12.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $31.5K, with a price of $282.0 per contract. There were 4233 open contracts at this strike prior to today, and today 647 contract(s) were bought and sold. 
• Regarding ALK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>), we observe a put option sweep with bullish sentiment. It expires in 267 day(s) on January 16, 2026. Parties traded 496 contract(s) at a $27.50 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $69.7K, with a price of $140.0 per contract. There were 38 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold. 
• Regarding RBA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBA#NYSE">RBA</a>), we observe a call option sweep with bullish sentiment. It expires in 57 day(s) on June 20, 2025. Parties traded 50 contract(s) at a $95.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $39.0K, with a price of $780.0 per contract. There were 1354 open contracts at this strike prior to today, and today 150 contract(s) were bought and sold. 
• Regarding PAYC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAYC#NYSE">PAYC</a>), we observe a put option sweep with bearish sentiment. It expires in 22 day(s) on May 16, 2025. Parties traded 100 contract(s) at a $190.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $28.3K, with a price of $285.0 per contract. There were 142 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold. 
• Regarding BA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), we observe a call option sweep with bearish sentiment. It expires in 603 day(s) on December 18, 2026. Parties traded 72 contract(s) at a $160.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $330.8K, with a price of $4595.0 per contract. There were 729 open contracts at this strike prior to today, and today 74 contract(s) were bought and sold. 
• Regarding LUV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>), we observe a put option sweep with bearish sentiment. It expires in 420 day(s) on June 18, 2026. Parties traded 67 contract(s) at a $27.50 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $32.8K, with a price of $490.0 per contract. There were 761 open contracts at this strike prior to today, and today 70 contract(s) were bought and sold. 
• For GEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>), we notice a call option trade that happens to be bullish, expiring in 113 day(s) on August 15, 2025. This event was a transfer of 50 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $140.0K, with a price of $2800.0 per contract. There were 117 open contracts at this strike prior to today, and today 67 contract(s) were bought and sold. 
• Regarding CAT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>), we observe a call option trade with neutral sentiment. It expires in 22 day(s) on May 16, 2025. Parties traded 50 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $80.0K, with a price of $1600.0 per contract. There were 943 open contracts at this strike prior to today, and today 59 contract(s) were bought and sold. 
• Regarding GE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>), we observe a call option sweep with bullish sentiment. It expires in 330 day(s) on March 20, 2026. Parties traded 200 contract(s) at a $280.00 strike. This particular call needed to be split into 48 different trades to become filled. The total cost received by the writing party (or parties) was $71.0K, with a price of $355.0 per contract. There were 17 open contracts at this strike prior to today, and today 58 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

LYFT

PAYC

10 Industrials Stocks Whale Activity In Today's Session

<h3>Gainers</h3>
<ul>
<li>Odyssey Marine Explr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OMEX#NASDAQ">OMEX</a>) stock rose 99.6% to $0.85 during Thursday's regular session. The market value of their outstanding shares is at $24.7 million. </li>
<li>American Rebel Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AREB#NASDAQ">AREB</a>) shares increased by 34.03% to $4.12. The company's market cap stands at $9.7 million. </li>
<li>Energys Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENGS#NASDAQ">ENGS</a>) stock increased by 26.24% to $9.24. The company's market cap stands at $131.6 million. </li>
<li>Elong Power Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELPW#NASDAQ">ELPW</a>) stock rose 21.37% to $3.27. The company's market cap stands at $163.4 million. </li>
<li>Shyft Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHYF#NASDAQ">SHYF</a>) shares increased by 19.58% to $8.73. The company's market cap stands at $304.9 million. As per the press release, Q1 earnings came out today. </li>
<li>Nauticus Robotics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KITT#NASDAQ">KITT</a>) shares rose 16.63% to $1.13. The company's market cap stands at $39.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Azul (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZUL#NYSE">AZUL</a>) shares fell 19.4% to $1.25 during Thursday's regular session. The company's market cap stands at $191.6 million. </li>
<li>Jayud Global Logistics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JYD#NASDAQ">JYD</a>) stock fell 17.97% to $0.22. The company's market cap stands at $20.7 million. </li>
<li>CBIZ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBZ#NYSE">CBZ</a>) stock decreased by 12.12% to $67.88. The market value of their outstanding shares is at $3.4 billion. As per the news, the Q1 earnings report came out today. </li>
<li>Apogee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) stock fell 9.72% to $41.46. The company's market cap stands at $910.1 million. As per the news, the Q4 earnings report came out today. </li>
<li>FBS Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FBGL#NASDAQ">FBGL</a>) shares fell 9.02% to $0.67. The company's market cap stands at $9.0 million. </li>
<li>Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) shares decreased by 8.98% to $41.97. The company's market cap stands at $5.1 billion. As per the news, the Q1 earnings report came out yesterday. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

APOG

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KITT

OMEX

SHYF

12 Industrials Stocks Moving In Thursday's Intraday Session

U.S. equities are pushing higher for a third straight session, eyeing the longest winning streak since the Trump tariff announcement on April 2, as optimism over corporate earnings and easing trade <a href="https://www.benzinga.com/markets">tensions boosts risk sentiment.</a>
Positive quarterly results and robust guidance from U.S. firms is fueling hopes the economy can weather the ongoing tariff headwinds and avoid a recession.
Meanwhile, signs of a potential thaw in the U.S.-China trade conflict emerged, with the White House reportedly considering exceptions for certain Chinese auto parts.
At midday trading in New York, the Nasdaq 100 surged 2.2%, climbing above the 19,000 mark for the first time in two weeks. The S&amp;P 500 advanced 1.5%, while the Dow Jones Industrial Average underperformed, rising 0.9%.
Technology stocks broadly outperformed, with strength concentrated in the Magnificent Seven and the semiconductor space.
Among major movers, ServiceNow Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NASDAQ">NOW</a>) soared 15% after reporting results that beat Wall Street expectations and issuing bullish forward guidance. In contrast, shares of International Business Machines Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) slumped 8% as the tech giant showed lower-than-expected non-GAAP earnings. 
In the consumer staples sector, Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) dropped more than 5% after missing revenue estimates.
Treasury yields continued to ease, with yields on the 10-year Treasury down 5 basis points to 4.33%. 
Gold rebounded modestly after suffering a 2.7% slide on Wednesday. Natural gas prices extended their losing streak, plunging 4.9% and heading for a tenth consecutive negative session. 
In the crypto market, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) eased 0.5% to trade at $93,300. 
<h2 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h2>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,095.73</td>
<td>2.2%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,456.36</td>
<td>1.5%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1,943.95</td>
<td>1.3%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,944.47</td>
<td>0.9%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 12:15 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 1.5% up to $543.71.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.9% to $399.51.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rallied 2.1% to $464.72.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rallied 1.5% to $193.08.</li>
<li>The&nbsp;Technology&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, up 3%; the&nbsp;Consumer Staples&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) lagged, down 0.8%.</li>
</ul>
<h2 class="wp-block-heading">Thursday&#8217;s Stock Movers</h2>
Stocks reacting to earnings included: 
<ul>
<li>Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>): up 0.6%</li>
<li>O'Reilly Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NASDAQ">ORLY</a>): down 3.1%</li>
<li>Raymond James Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RJF#NYSE">RJF</a>): up 0.7%</li>
<li>Molina Healthcare, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOH#NYSE">MOH</a>): down 6.4%</li>
<li>Texas Instruments Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>): up 6.0%</li>
<li>FirstEnergy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FE#NYSE">FE</a>): up 0.4%</li>
<li>ServiceNow, Inc. up 14.9%</li>
<li>Lam Research Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>): up 5.5%</li>
<li>ResMed Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMD#NYSE">RMD</a>): up 10.0%</li>
<li>Discover Financial Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>): up 3.6%</li>
<li>International Business Machines Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>): down 7.6%</li>
<li>Newmont Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>): up 3.6%</li>
<li>Rollins, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROL#NYSE">ROL</a>): up 1.2%</li>
<li>United Rentals, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>): up 8.9%</li>
<li>Tyler Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>): down 3.0%</li>
<li>Edwards Lifesciences Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EW#NYSE">EW</a>): up 7.1%</li>
<li>Las Vegas Sands Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>): up 5.2%</li>
<li>Alaska Air Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>): down 9.7%</li>
<li>American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>): up 2.3%</li>
<li>PepsiCo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>): down 4.1%</li>
<li>CBRE Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NYSE">CBRE</a>): up 2.5%</li>
<li>Entergy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>): up 0.4%</li>
<li>The Procter &amp; Gamble Company: down 5.3%</li>
<li>Bristol-Myers Squibb Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>): down 0.2%</li>
<li>Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>): down 0.2%</li>
<li>Valero Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLO#NYSE">VLO</a>): down 1.8%</li>
<li>Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>): down 5.3%</li>
<li>Dow Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>): up 2.1%</li>
<li>Willis Towers Watson Public Limited Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTW#NASDAQ">WTW</a>): down 5.2%</li>
<li>Tractor Supply Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>): down 4.8%</li>
<li>Hasbro, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>): up 16.1%</li>
<li>CMS Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMS#NYSE">CMS</a>): up 2.3%</li>
<li>Xcel Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XEL#NASDAQ">XEL</a>): down 1.8%</li>
<li>CenterPoint Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNP#NYSE">CNP</a>): up 1.8%</li>
<li>LKQ Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LKQ#NASDAQ">LKQ</a>): down 10.7%</li>
<li>PG&amp;E Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>): down 0.8%</li>
<li>Keurig Dr Pepper Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KDP#NASDAQ">KDP</a>): down 0.6%</li>
<li>Freeport-McMoRan Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>): up 5.5%</li>
<li>Merck &amp; Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>): down 0.6%</li>
<li>Nasdaq, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>): down 0.4%</li>
<li>L3Harris Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>): up 0.4%</li>
<li>Pool Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POOL#NASDAQ">POOL</a>): down 6.1%</li>
<li>Dover Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOV#NYSE">DOV</a>): up 1.8%</li>
<li>West Pharmaceutical Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WST#NYSE">WST</a>): down 2.2%</li>
<li>Ameriprise Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>): down 0.2%</li>
<li>Fiserv, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>): down 16.4%</li>
<li>The Interpublic Group of Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPG#NYSE">IPG</a>): up 3.4%</li>
<li>Allegion plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLE#NYSE">ALLE</a>): up 9.7%</li>
<li>Union Pacific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>): down 3.1%</li>
</ul>
Stocks slated to report earnings after the bell include T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>), VeriSign, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRSN#NASDAQ">VRSN</a>), Eastman Chemical Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMN#NYSE">EMN</a>), Principal Financial Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>), Physicians Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOC#NYSE">DOC</a>), The Hartford Financial Services Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIG#NYSE">HIG</a>), Weyerhaeuser Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WY#NYSE">WY</a>), Republic Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSG#NYSE">RSG</a>), Digital Realty Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>), Gilead Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>), Erie Indemnity Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIE#NASDAQ">ERIE</a>), Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), and Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>).
Read also: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44985682/apples-ai-delays-rising-cost-pressures-trigger-price-target-cut-from-bank-of-america">Apple AI Delays, Rising Cost Pressures Trigger Price Target Cut From Bank Of America</a></li>
</ul>
Photo: Shutterstock

$BTC

ALLE

CBRE

CMCSA

SPDR Dow Jones Industrial Average ETF Trust

ERIE

GILD

GOOGL

INTC

LRCX

NDAQ

ORLY

POOL

TMUS

TSCO

VRSN

Select Sector SPDR-Consumer Discretionary

Wall Street Rally Extends Into Third Day: What's Driving Markets Thursday?

On Conference Call Alaska Air Exec Reportedly Says We Are About 62%-63% Booked in Q2

Alaska Air CFO Says: Have Seen A Five Point Deterioration In Revenue For The First Half

U.S. stock futures were lower this morning, with the Dow futures falling around 200 points on Thursday.
Shares of International Business Machines Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) fell sharply in today's pre-market trading after the company reported <a href="https://www.benzinga.com/news/earnings/25/04/44966124/ibm-shares-slide-despite-better-than-expected-q1-details">first-quarter financial results</a>.
IBM reported quarterly earnings of $1.60 per share, which beat the analyst consensus estimate of $1.40. Quarterly revenue of $14.54 billion beat the analyst consensus estimate of $14.4 billion.
IBM shares dipped 7.3% to $227.62 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>TAL Education Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAL#NYSE">TAL</a>) shares dipped 17.8% to $9.02 in pre-market trading after the company announced weaker-than-expected quarterly results.</li>
<li>Robert Half Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RHI#NYSE">RHI</a>) fell 16.6% to $38.70 in pre-market trading after the company reported worse-than-expected quarterly financial results.</li>
<li>Acacia Research Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACTG#NASDAQ">ACTG</a>) declined 11.1% to $2.65 in pre-market trading.</li>
<li>Latham Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWIM#NASDAQ">SWIM</a>) dipped 10.3% to $4.98 in today's pre-market trading. Latham Group will release financial results for the first quarter on Tuesday, May 6, after the closing bell.</li>
<li>Kaiser Aluminum Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KALU#NASDAQ">KALU</a>) fell 8.2% to $54.10 in pre-market trading following weak quarterly sales.</li>
<li>Nokia Oyj (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) shares dipped 7.7% to $4.90 in pre-market trading as the company posted weaker-than-expected earnings for its first quarter and confirmed its guidance for the rest of the year.</li>
<li>Alaska Air Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) declined 6.7% to $42.99 in pre-market trading following weaker-than-expected quarterly results.</li>
<li>Jack in the Box Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JACK#NASDAQ">JACK</a>) declined 4.6% to $24.24 in pre-market trading after the company issued FY25 forecast.</li>
<li>Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) fell 4% to $24.50 in pre-market trading as the company reported first-quarter financial results after the market close on Wednesday. Southwest Airlines pulled its full-year 2025 and 2026 EBIT guidance, citing "current macroeconomic uncertainty."</li>
<li>Peloton Interactive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTON#NASDAQ">PTON</a>) fell 3.7% to $5.76 in pre-market trading.</li>
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IBM, Nokia, Alaska Air Group And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Alaska Air Group, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) shares are trading lower premarket on Thursday. On Wednesday, the company reported&nbsp;first-quarter&nbsp;sales&nbsp;growth of 41% year over year (Y/Y) to $3.14 billion, which missed <a target="_blank" href="https://www.benzinga.com/pressreleases/25/04/n44968566/alaska-air-group-reports-first-quarter-2025-results" rel="noreferrer noopener">the street view of&nbsp;$3.17 billion</a>.
The Seattle-based company disclosed capacity (available seat miles) growth of&nbsp;3.9%&nbsp;Y/Y, around 1 point higher than expected, thanks to lower-than-expected flight cancellation rates.
Operating revenue per available seat miles (RASM) increased by&nbsp;5.0%&nbsp;Y/Y in the quarter.
Also Read: <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/04/44648974/alaska-air-invests-in-loft-dynamics-to-train-boeing-737-pilots-with-vr-simulators" rel="noreferrer noopener">Alaska Air Invests In Loft Dynamics To Train Boeing 737 Pilots With VR Simulators</a>
Unit revenues improved 5.0% Y/Y,&nbsp;despite a 3-point impact from softening demand. Unit costs rose&nbsp;2.1%&nbsp;Y/Y, at par with the company's expectations. This includes the new&nbsp;Alaska&nbsp;flight attendant contract, which was ratified in February.
The economic fuel price per gallon came in at $2.61&nbsp;in the first quarter, reflecting moderating crude oil prices partly negated by higher West Coast refining margins.&nbsp;
Adjusted EPS loss&nbsp;of 77 cents, missed <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">the consensus loss of&nbsp;74 cents</a>. The loss reflects a softening demand environment and macroeconomic factors.
The overall results reflect strong initial progress on the integration of Hawaiian Airlines. In the first quarter, Hawaiian unit revenue increased 8.8% year over year, and Hawaiian's adjusted pretax margin improved 14 points year over year.
CEO&nbsp;Ben Minicucci&nbsp;said, "Amid the economic uncertainty, our teams controlled what they can control and delivered results that strengthen our foundation for the long term."
The company generated&nbsp;an operating cash flow of&nbsp;$459 million&nbsp;in the first quarter. As of March 31, 2025, the company's unrestricted cash and marketable securities stood at&nbsp;$2.5 billion.
Buyback: The company repurchased 1.8&nbsp;million shares of common stock for around&nbsp;$107&nbsp;million in the&nbsp;first quarter, bringing year-to-date repurchases to $149&nbsp;million as of&nbsp;April 22, 2025.
Outlook: Alaska Air projects a&nbsp;second-quarter&nbsp;adjusted EPS of&nbsp;$1.15 to $1.65 vs. a consensus of&nbsp;$2.37, a capacity (available seat miles) growth of 2%-3%, and RASM <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">flat to down low single digits</a>.
The company says that while overall bookings have stabilized, the guidance for Q2 reflects an expected revenue impact of around six points due to recent demand softness.
As previously indicated, the second quarter is expected to see the most cost pressure, but unit costs are anticipated to improve sequentially in the second half of the year.
Due to ongoing economic uncertainty and market volatility, the company is not providing an update to FY25 guidance at this time.
The company says it continues to expect to deliver&nbsp;$1 billion&nbsp;in incremental profit by 2027.
Investors can gain exposure to the stock via&nbsp;Themes Airlines ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRL#NASDAQ">AIRL</a>) and&nbsp;U.S. Global Jets ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JETS#NYSE">JETS</a>).
Price Action: ALK shares are down 7.18% at $42.80 premarket at the last check Thursday.
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Photo: Shutterstock

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Alaska Airlines continues to grow in San Diego with a 30% increase in flights and three new nonstop destinations

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Alaska Airlines Partners with Jumio to Provide Faster, More Efficient Travel

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Alaska Air Group announces leadership promotions in key enterprise oversight roles

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