A United Airlines Boeing 737 Max 9 Airplane approaches the San Diego International Airport for a landing from San Francisco on April 8, 2025 in San Diego, California, USA.
Kevin Carter | Getty Images News | Getty images
Airplanes are one of the few modes of transport that carry it from their place of origin to its destination in a line. But United Airlines, one of the largest carriers in the United States, does not have the luxury of a direct route when it comes to predicting its fines. On Tuesday, the airline offered two profit estimates throughout the year: one is its original mood from January; The other, a recently reviewed forecast if there is a recession.
On the one hand, it is a recognition that it is impossible to predict the economy: think about how many analysts were sure that a recession would hit the United States in 2023. On the other hand, it is rare for companies to do it, President Donvalized the administration of volatility.
However, in markets, volatility seems to be decreasing for now, according to the CBOE Volatility Index, or VX, which looks like Wall’s “fear indicator”. The stocks retired on Tuesday, but were marginal drops compared to the huge leaves last week. The trip now, then, is relatively softer, but as the unusual movement of United Airlines suggests, turbulence could still be ahead.
What you need to know today
China’s economy is heated
China’s economy expanded by 5.4% in the first quarter, according to the data of the National Statistics Office on Wednesday, higher than the growth of 5.1% expected in a Reuters survey. The best -expected retail sales and industrial production promoted China’s economy. The first increased 5.9% year after year in March, abruptly exceeding analysts’ estimates for 4.2% growth, while industrial production expanded by 7.7% compared to the previous year, higher than average estimates of 5.8%.
New designated for China’s main commercial work
On Wednesday, China appointed Li Chenggang as vice president of commerce and as a main representative for international commercial negotiation, according to an official statement. That makes Li a key staff, since Beijing faces a growing commercial war with the United States, in which conversations or concessions have not yet occurred. LI replaces Wang Shouwen, who previously occupied both roles.
Nvidia will take $ 5.5 billion
Nvidia The shares fell around 6% in extended operations after the company said Tuesday that a quarterly position of the position of around $ 5.5 billion linked to export graph processing units to China and other destinations will be required. On April 9, the United States government told NVIDIA that it would require a license to export the chips to China and a handful of other countries, the company said in a presentation. The H20 is an AI chip for China that was designed to meet the export restrictions of the United States.
Volatility in retreats from US markets
US actions slipped on Tuesday. He S&P 500 0.17%fell, the Dow Jones industrial Lost 0.38% and Nasdaq compound By a marginal 0.05%. He Vix He fell about 30 years after reaching a maximum of around 60 last week. Asia-Pacific markets fell on Wednesday. Hong Kong Hang Seng index lost more than 2.3%, which led to losses in the region. Decrease or about 4% in Chinese technological giants such as MEITÁN” Alibaba and Kuaishou technology Dragged by the index.
Profit estimates in a recession
United Airlines He reported profits on Tuesday and took an unusual step or offered two profit prospects. The company left the intact expectations issued in January, but also the profit estimates provide in the case of a recession. “The company’s perspective is Gapants in the macro environment that the company believes that it is impossible to predict this year with Methree of Confience,” he said in a presentation of values.
[PRO] The US retail report could be misleading
The US Retail Sales Report, on Wednesday, should be solid since consumers are still spending money. Economists also expect a healthy growth reading. The details, the thought, will probably tell a different story. Here is why investors should not be tasks for the number of headlines, Jeff Cox de CNBC wrote.
And finally …
Takeshi Niinami, CEO and president of Agentory Holdings in the World Economic Forum in Davos, Switzerland, on January 24, 2025.
Bloomberg | Bloomberg | Getty images
Tokyo has ‘many letters’ to play in the tariff negotiations of the United States, says the Japanese economic advisor
Japan has “many letters” to play in tariff negotiations with the United States, according to Takeshi Niinami, senior economic advisor of Japan’s Prime Minister.
Niinami pointed out that Japan has been the largest foreign investor in the United States and the largest foreign holder of the United States Treasury. Therefore, Japan should talk about more opportunities to invest in the United States and maintain their massive American treasurer actions, he said, he added: “We know that the president is [very concerned] On the bond market, “referring to the president of the United States, Donald Trump.
His comments are ahead of a three -day trip for the main negotiator Ryosei Akazawa to the United States to speak with the United States Secretary of the United States, Scott Besent, and the United States commercial representative Jamieson Greer.