• Early Bird
  • Posts
  • Delta Cancels 900+ Flights ✈️⛈️

Delta Cancels 900+ Flights ✈️⛈️

And, explaining Cardano's bad June.

June 30, 2025

Together With

Today is Monday, June 30, 2025.

The Early Bird Index today is 86.46

New to this newsletter? Sign up here

PRESENTED BY VINTAGE CAPITAL

Invest in recession-resilient Mobile Home Parks

Invest in recession-resilient Mobile Home Parks with Vintage Capital. Invest directly or in a fund of 20+ underlying assets. 1031s are also available. Access stable, income-generating properties with consistent demand and low tenant turnover.

Now is the time to act: Current market conditions are creating opportunities to acquire properties at attractive valuations.

The fund targets a 15%-17% IRR and makes monthly distributions, which provides a steady income stream alongside strong upside potential and tax-efficient benefits.

Why Mobile Home Parks?

  • Recession-Resilient: Affordable housing demand drives stable returns in any economy

  • High Tenant Retention: The average MHP tenant stays 10-12 years (compared to 2-3 in Multifamily)

  • Proven Expertise: $100MM+ track record in mobile home park investments.

  • Tax-Smart Investing: Bonus depreciation offers tax advantages.

Delta Cancels 900+ Flights ✈️⛈️

The summer airline travel season is off to a rough start following the cancellations of hundreds of flights over the weekend.

Details: On Friday evening, severe weather hit Atlanta's Hartsfield-Jackson International Airport with intense thunderstorms, hail, and reports of microburst winds. The system caused massive flight delays and cancellations across the country.

Powering the Story: Delta Air Lines $DAL ( ▲ 1.27% ) , which has a major hub at Atlanta, canceled about 900 flights on Friday and Saturday, according to View From the Wing.

  • By Sunday, Delta said operations have stabilized with less than 60 mainline cancellations.

Data: 25% of all Delta flights were delayed on Sunday, according to FlightAware.

Stock Price: The cancellations come amid a bad year for Delta. The stock is down 16.05% in 2025.

Early Bird’s Nest Egg Gains: Delta’s stock is down in 2025 due to a combination of global economic uncertainty, escalating trade tensions, and weakening travel demand.

  • In April 2025, Delta withdrew its financial outlook for the year due to global trade instability and changing consumer behaviors.

  • Despite a strong first quarter in terms of profitability, Delta reported that growth had stalled and that bookings were lower than expected.

Final Thoughts: Later this week, the travel industry will contend with the busy Fourth of July holiday weekend.

Notables

Notable Earnings Today: Progress Software (Nasdaq: PRGS), Quantum (Nasdaq: QMCO).

Notable IPOs Today: Seaport Entertainment Group Inc. (NYSE: SEG), Scage Future American Depositary Shares (Nasdaq: SCAG), EGH Acquisition Corp. Class A Ordinary Shares (Nasdaq: EGHA).

Notable Equity Crowdfunding Campaigns Ending Today: Onus iV by Your Best Days (StartEngine), Swopblock (Wefunder), Nordic Cottage (Honeycomb), Vegetable + Butcher (Wefunder), Dermasport (Wefunder), DoSpace (StartEngine).

Notable Economic Events Today: Chicago PMI (9:45 a.m. ET).

Cardano's Bad June, Explained

The price of the cryptocurrency Cardano $ADA.X ( ▼ 0.18% ) jumped about 1% on Sunday, but it follows a period of decline for the digital asset.

Details: Cardano is down about 17% in June, lagging behind most other crypto prices during the month. It is also down 32% this year.

Powering the Story: Cardano’s decline in June is primarily due to technical breakdowns, bearish momentum, and negative market sentiment.

Final Thoughts: To make matters worse, analysts warn that further downside is possible if critical support levels fail to hold.

Hyperliquid’s Big Sunday Jump

The price of the crypto Hyperliquid jumped by about 7% on Sunday.

Final Thoughts: Hyperliquid is up 29% in the last 30 days.

Lessons Learned: What Traders Have Gotten Wrong in 2025 (Bloomberg)

Notable Uptick: Nvidia insiders cash out $1bn worth of shares (Financial Times)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.