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S&P 500   3,802.97 (-0.49%)
DOW   30,923.97 (-0.07%)
QQQ   283.66 (+0.04%)
AAPL   139.42 (+1.44%)
MSFT   259.53 (+1.19%)
META   163.69 (+1.87%)
GOOGL   2,228.92 (-0.50%)
AMZN   108.98 (+1.47%)
TSLA   671.00 (-3.87%)
NVDA   154.10 (-3.58%)
NIO   21.44 (-4.11%)
BABA   115.72 (-0.89%)
AMD   76.71 (-5.04%)
MU   55.70 (-3.73%)
CGC   3.52 (-2.49%)
T   20.80 (+0.92%)
GE   64.01 (-2.84%)
F   11.47 (-2.88%)
DIS   95.25 (-0.70%)
AMC   13.36 (-0.15%)
PFE   51.12 (+0.91%)
PYPL   71.18 (-0.89%)
NFLX   176.72 (-1.60%)
S&P 500   3,802.97 (-0.49%)
DOW   30,923.97 (-0.07%)
QQQ   283.66 (+0.04%)
AAPL   139.42 (+1.44%)
MSFT   259.53 (+1.19%)
META   163.69 (+1.87%)
GOOGL   2,228.92 (-0.50%)
AMZN   108.98 (+1.47%)
TSLA   671.00 (-3.87%)
NVDA   154.10 (-3.58%)
NIO   21.44 (-4.11%)
BABA   115.72 (-0.89%)
AMD   76.71 (-5.04%)
MU   55.70 (-3.73%)
CGC   3.52 (-2.49%)
T   20.80 (+0.92%)
GE   64.01 (-2.84%)
F   11.47 (-2.88%)
DIS   95.25 (-0.70%)
AMC   13.36 (-0.15%)
PFE   51.12 (+0.91%)
PYPL   71.18 (-0.89%)
NFLX   176.72 (-1.60%)
S&P 500   3,802.97 (-0.49%)
DOW   30,923.97 (-0.07%)
QQQ   283.66 (+0.04%)
AAPL   139.42 (+1.44%)
MSFT   259.53 (+1.19%)
META   163.69 (+1.87%)
GOOGL   2,228.92 (-0.50%)
AMZN   108.98 (+1.47%)
TSLA   671.00 (-3.87%)
NVDA   154.10 (-3.58%)
NIO   21.44 (-4.11%)
BABA   115.72 (-0.89%)
AMD   76.71 (-5.04%)
MU   55.70 (-3.73%)
CGC   3.52 (-2.49%)
T   20.80 (+0.92%)
GE   64.01 (-2.84%)
F   11.47 (-2.88%)
DIS   95.25 (-0.70%)
AMC   13.36 (-0.15%)
PFE   51.12 (+0.91%)
PYPL   71.18 (-0.89%)
NFLX   176.72 (-1.60%)

Air travelers face cancellations over Memorial Day weekend

Saturday, May 28, 2022 | Anne D'innocenzio, AP Retail Writer


Travelers queue up move through the north security checkpoint in the main terminal of Denver International Airport, Thursday, May 26, 2022, in Denver. Airline travelers are not only facing sticker shock this Memorial Day weekend, the kick off to the summer travel season, but they're also battling a pileup of flight cancellations. More than 1,000 flights were canceled as of Saturday afternoon, May 28, according to flight tracking website FlightAware, after 2,300 cancellations on Friday. (AP Photo/David Zalubowski, File)

NEW YORK (AP) — Airline travelers are not only facing sticker shock this Memorial Day weekend, the kickoff to the summer travel season. They're also dealing with a pileup of flight cancellations.

More than 1,500 flights were canceled as of 9:50 p.m EDT Saturday, according to flight tracking website FlightAware. That followed more than 2,300 cancellations on Friday.

Delta Air Lines suffered the most among U.S. airlines, with more than 250 flights, or 9% of its operations, eliminated on Saturday. Hartsfield-Jackson International Airport in Atlanta, where Delta is based and has its largest hub, experienced heavy travel delays. On Saturday, 5% of the flights there were canceled, while 16% were delayed.

Delta noted in an email to The Associated Press that Saturday’s cancellations were due to bad weather and “air traffic control actions,” noting it's trying to cancel flights at least 24 hours in advance this Memorial Day weekend.

Delta announced on its website on Thursday that from July 1 to Aug. 7, it would reduce service by about 100 daily departures, primarily in parts of the U.S. and Latin America that Delta frequently serves.

“More than any time in our history, the various factors currently impacting our operation — weather and air traffic control, vendor staffing, increased COVID case rates contributing to higher-than-planned unscheduled absences in some work groups — are resulting in an operation that isn’t consistently up to the standards Delta has set for the industry in recent years,” said Delta's Chief Customer Experience Officer Allison Ausband in a post.

Airlines and tourist destinations are anticipating monster crowds this summer as travel restrictions ease and pandemic fatigue overcomes lingering fear of contracting COVID-19 during travel.

Many forecasters believe the number of travelers will match or even surpass levels in the good-old, pre-pandemic days. However, airlines have thousands fewer employees than they did in 2019, and that has at times contributed to widespread flight cancellations.


People who are only now booking travel for the summer are experiencing the sticker shock.

Domestic airline fares for summer are averaging more than $400 for a round trip, 24% higher than this time in 2019, before the pandemic, and a robust 45% higher than a year ago, according to travel-data firm Hopper.

____

AP Airlines writer David Koenig in Dallas contributed to this report.


7 Metaverse Stocks That May Go Out of This World

If you're a bit confused about what the metaverse is, or will be. You're not alone. In fact as recently as November of 2021, many top tech executives, who have plans for the metaverse, struggled to define the metaverse.

One of the best descriptions I've heard is that the metaverse will be the Web 2.0. It will create the ability for participants to interact in an interactive world that combines virtual reality, augmented reality and video. It will be a world where you can visit digital representations of real homes and purchase digital representations of items in the real world.

However, even that seems too simplistic. The way it's described by Meta Platforms CEO Mark Zuckerberg, it will be a world where your avatar can hang out with distant friends and family in a more realistic, albeit still virtual way. I hope it's not just me, but the whole concept leaves me feeling… disconnected. Which I know is strange because the whole point is connection.

However, many tech companies are pumping money into the metaverse, or at least their idea of it. And institutional investors are taking notice. That combination is almost always an indicator of stocks that are on their way higher.

That's the point of this article; to point you to seven companies that are likely to be significant players in the metaverse. And after a significant correction in the tech sector, it may be the perfect time to buy these stocks at a discount.



View the "7 Metaverse Stocks That May Go Out of This World".

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