United Airlines' Sales Decline

Plus, J.B. Hunt slashes spending.

October 16, 2025

In partnership with

Today is Thursday, October 16, 2025.

The Early Bird Index today is 87.97.

New to this newsletter? Sign up here

United Airlines' Sales Decline

Depending too much on customer loyalty caused mixed financial earnings results for United Airlines $UAL ( ▲ 0.87% ) on Wednesday, with the stock dropping 1.84% in after-hours trading.

Financials: United Airlines reported earnings of $2.78 per share in the past quarter, which were better than expected. But the revenue was only $15.2 billion, which was lower than expected. 

Details: The company banked on loyalty and high-end customers in the quarter. Revenue for the loyalty business jumped 9% and premium cabin revenue rose 6%.

Powering the Story: Passenger revenue per available seat mile fell 3.3% for domestic flights and 7.1% for international flights. To make matters worse, these declines occurred in the busy summer travel season.

Early Bird’s Nest Egg Gains: United Airlines' revenue dropped due to a combination of increased competition from low-fare carriers, overcapacity in the market, and related pressure on ticket prices.

Final Thoughts: The stock had been up 9% this year, but flat in the past month.

Wyoming is on the Verge of Becoming A Lithium Powerhouse

America needs 5X more lithium by 2035, but no new mines have opened since 1967. Meanwhile, current extraction methods are slow, waste insane amounts of water, and emit loads of carbon.

So Vero3 devised a way to cleanly produce lithium, generate clean water and permanently store carbon in the process – all from the same 14,000-acre Wyoming site.

This unique project offers exposure to three different markets, each covering a critical need for America. And shares are now open to the public ahead of commercial trials and a targeted 2028 Nasdaq IPO.

This is a paid advertisement for Vero3 Limited’s Regulation CF offering. Please read the offering circular at https://invest.vero3.com/. Timelines are subject to change. Listing on the NASDAQ is contingent upon necessary approvals, and reserving a ticker symbol does not guarantee a company’s public listing.

Notables

Notable Earnings Today: Taiwan Semiconductor Manufacturing Co. (NYSE: TSM), Interactive Brokers (Nasdaq: IBKR), BNY Mellon (NYSE: BK), CSX (Nasdaq: CSX), Charles Schwab (NYSE: SCHW), U.S. Bancorp (NYSE: USB), KeyCorp (NYSE: KEY), Simmons First National (Nasdaq: SFNC), F.N.B. Corp (NYSE: FNB), Manpower (NYSE: MAN), Snap-On (NYSE: SNA), Glacier Bancorp (NYSE: GBCI), Travelers (NYSE: TRV), Bank OZK (Nasdaq: OZK), Commercial Metals (NYSE: CMC), Cohen & Steer (NYSE: CNS), M&T Bank (NYSE: MTB), Marsh McLennan (NYSE: MMC), Insteel Industries (NYSE: IIIN), Infosys (NYSE: INFY), Liberty Energy (NYSE: LBRT).

Notable IPOs Today: Aptera Motors Corp. Class B Common Stock (Nasdaq: SEV), OBOOK Holdings Inc. Class A Common Shares (Nasdaq OWLS), BTC Development Corp. Class A Ordinary Shares (Nasdaq: BDCI).

Notable Equity Crowdfunding Campaigns Ending Today: AquiPor (StartEngine), Kara Water (StartEngine).

Notable Economic Events Today: Philadelphia Fed Manufacturing Index (8:30 a.m. ET), Philly Fed Employment (8:30 a.m. ET), Retail Control (8:30 a.m. ET), Business Inventories (10:00 a.m. ET), Crude Oil Inventories (12:00 p.m. ET), Fed's Balance Sheet (4:30 p.m. ET).

J.B. Hunt Slashes Spending

J.B. Hunt Transport Services $JBHT ( ▼ 0.39% ) jumped 12.44% in after-hours trading on Wednesday after posting good financial earnings results.

Financials: J.B. Hunt reported earnings of $1.76 per share and revenue of $3.05 billion in the past quarter. Both were better than expected.

Powering the Story: Operating income increased as the company managed to lower structural costs and decrease transportation expenses.

Final Thoughts: Investors of J.B. Hunt were relieved to hear the company was cutting costs. The stock had been down 18% this year.

Hewlett Packard Enterprise’s Weak Outlook

Hewlett Packard Enterprise $HPE ( ▲ 0.16% ) fell 8.98% in after-hours trading on Wednesday after telling analysts that it only expects earnings per share to be between $2.20 and $2.40 this year, which was lower than expected.

Final Thoughts: The stock had been up 16% this year.

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.