SpaceX's Starlink announced its direct-to-cell satellite technology will debut in the European Union through a partnership with Spanish telecom MasOrange, with trials beginning in Valladolid. This follows Starlink's earlier deal with Ukrainian operator Kyivstar. Additionally, United Airlines expanded its Starlink partnership to 300+ aircraft, while xAI merged with SpaceX in a deal valuing the combined entity at significant multiples.

Ryanair CEO Michael O'Leary responded to Elon Musk's public criticism by thanking him for the publicity boost. The airline received 3-4 million hits from a 'great idiots' seat sale and saw bookings surge 2-3% following Musk's proposal to acquire the company. O'Leary invited Musk to invest in Ryanair, suggesting it offers better returns than his $44 billion X acquisition. Ryanair shares surged 1.37% on Wednesday and are up 3.89% overnight.

Ryanair CEO Michael O'Leary is holding a press conference to address Elon Musk's recent criticism of the airline, turning their public clash into a marketing opportunity. The airline launched a 'Great Idiots' seat sale with 100,000 seats at €16.99 one way, targeting Musk and other critics. Musk responded by joking about acquiring Ryanair, with 76.5% of poll respondents supporting the idea, though EU law would prevent such ownership.

Elon Musk joked about acquiring Ryanair after the airline's CEO Michael O'Leary rejected installing Starlink internet on its planes, citing $250 million in annual costs from added weight and drag. Musk quipped he would put 'a Ryan in charge of Ryan Air' if he bought it. The exchange follows Musk calling O'Leary an 'utter idiot' over the Starlink disagreement. Ryanair's stock surged 4.45% following Musk's post.

Ryanair reported strong summer booking performance with rising ticket prices, anticipating doubled after-tax profit for Q1. CEO Michael O'Leary highlighted robust travel demand despite European heatwaves and announced expansion plans for Warsaw's Modlin airport.

Data scientists at Fareportal, the travel technology company behind CheapOair and OneTravel, report that in 2023, Travel Tuesday sales outpaced the three-day average of Black Friday and Cyber Monday by 59%. Many airlines are expected to offer great deals on airline tickets over the Thanksgiving weekend period.

Landstar System is benefiting from its robust financial stability and shareholder-friendly approach, but is grappling with the freight market downturn. The company's prospects are being negatively affected by softness in freight market demand.

US and European shares rose as investors reassessed the US presidential race and awaited tech earnings. Kamala Harris' strong fundraising and positive sentiment boosted markets, while tech stocks like Alphabet and Tesla gained ahead of their earnings reports.

Ryanair reported a 46% year-over-year decline in net profit for the first quarter of fiscal year 2025, despite a 10% increase in traffic. The company's revenue fell 1% year-over-year, with scheduled revenues down 6% due to a 15% decrease in average fares. Ryanair expects weaker pricing in the second quarter compared to the previous year.

Tellurian Inc. shares rose sharply after Woodside Energy announced plans to acquire the company for $900 million. Several other stocks also saw significant pre-market movement, both positive and negative.

Ryanair reported a 46% drop in profits as airfares fell 15% in the first quarter. The budget airline expects fares to be 'materially lower' this summer compared to last year.

CrowdStrike's software update is reportedly causing a global IT outage, disrupting various businesses and leading to a plunge in the company's share price.