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Delta gave the airline industry some hope. “Things aren’t that bad” was the main takeaway from Delta’s quarterly earnings report yesterday. The airline reinstated its annual forecast, which it had pulled in April as a result of economic uncertainty. The new outlook isn’t as rosy as it once was, but it was enough to push Delta’s stock up and give airlines some much-needed optimism (United, American, and Southwest all jumped yesterday, too). Delta CEO Ed Bastian said consumers have become “a little numb” to tariff talk and are booking travel for later in the year, rather than holding off entirely. United and American report their earnings next week with hopes of adding to the sector’s momentum.
A judge blocked Trump from carrying out his ban on birthright citizenship. The judicial back-and-forth on the White House’s controversial order continued yesterday when a federal judge in New Hampshire issued a temporary halt to President Trump’s mission of ending birthright citizenship, even though the Supreme Court recently limited lower courts’ ability to issue such nationwide injunctions. The New Hampshire judge was able to carry out the injunction because the case brought to him was a class-action suit, for which the Supreme Court carved out an exception because they involve large groups of plaintiffs. This is undoubtedly not the last you will hear on the matter.
Musk says Grok is coming to Teslas by next week. Grok, Elon Musk’s AI chatbot that had to be briefly shut down this week because it called itself “MechaHitler” as part of an antisemitic posting spree, will be available in Tesla vehicles by “next week at the latest,” the billionaire said yesterday. The news came shortly after xAI released Grok 4, the latest iteration of the chatbot that seemingly recommended a second Holocaust. Musk hopes integrating Grok into Teslas will help the company compete with automakers that already feature ChatGPT voice assistants, like Volkswagen.—AE
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