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Alaska Airlines' New Contract Boost 🚀
Ryan Serkes
March 03, 2025
The
Daily Trade
Hey Daily Traders,
Alaska Airlines flight attendants have ratified a new three-year contract, marking the eighth such agreement for Alaska Air Group in three years. This contract, effective March 2, 2025, promises enhanced pay, benefits, and scheduling, underscoring the company's dedication to employee welfare amid its merger with Hawaiian Airlines.
Meanwhile, American Assets Trust has acquired San Diego's Genesee Park Apartments for $67.9 million, aligning with their strategy to boost asset value through strategic management. In other news, H&R Block's entry into Roblox with a tax-themed gaming experience aims to educate Gen Z on tax obligations, while Microsoft plans to retire Skype in favor of Teams, and CME Group announces the launch of Solana futures, expanding its crypto offerings.
Here's what's happening today:
- ✈️ Alaska Airlines flight attendants approve new contract.
- 🏢 American Assets acquires Genesee Park Apartments in San Diego.
- 🎮 H&R Block launches tax-themed experience on Roblox.
- 💻 Microsoft to retire Skype, shift focus to Teams.
- 📈 CME Group to launch Solana futures in March.
Question
How do you feel about Alaska Airlines' approach to improving employee conditions through new contracts—do you think it will positively impact their merger with Hawaiian Airlines?
Reply to this email with your answer
Stock Market Alaska Airlines flight attendants, represented by the Association of Flight Attendants, have ratified a new three-year contract that includes increased pay and improved benefits. Over 90% of flight attendants participated in the vote, with 95% approving the agreement. This marks the eighth ratified labor contract for Alaska Air Group in the past three years, reflecting the company's commitment to improving employee conditions. Alaska Airlines CEO Ben Minicucci expressed gratitude to the flight attendants and the AFA for their dedication in reaching this agreement. The contract will be effective from March 2, 2025, and includes enhancements in scheduling and insurance premiums. This development comes as Alaska Airlines continues its merger with Hawaiian Airlines, aiming to create a seamless travel experience for customers. Key Takeaway
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Real Estate American Assets Trust, Inc. has successfully acquired Genesee Park, a 192-unit apartment complex in San Diego, California, for $67.9 million. The property is approximately 93% leased, and the company sees an opportunity to enhance its value through strategic asset management. The acquisition aligns with the company's long-term strategy of acquiring and enhancing high-quality assets in key markets. Located in a prime area of San Diego, Genesee Park offers residents easy access to transportation, retail centers, and entertainment. American Assets Trust plans to optimize rental rates and explore opportunities to increase property density, thereby unlocking its full value and improving the living experience for residents. Key Takeaway
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Stock Market H&R Block has launched a tax-themed experience within Roblox games Mega Mansion Tycoon and Club Roblox, targeting users aged 18 and older. This initiative aims to educate young adult gamers about tax obligations, especially as Gen Z's presence in the workforce grows. The experience offers exclusive in-game items and interactions with H&R Block's branded universe. By integrating into Roblox, H&R Block seeks to engage with Gen Z in a non-traditional advertising format, meeting them where they spend their time. The company aims to raise awareness about potential tax implications of online earnings, reinforcing its position as a trusted tax preparation service. Key Takeaway
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Stock Market  Microsoft has announced plans to retire Skype in May, transitioning its services to Microsoft Teams. This decision reflects the company's ongoing strategy to prioritize Teams as its main videoconferencing platform. Skype users will be able to use their existing accounts to access Teams, ensuring a seamless transition. Skype, once a pioneer in internet-based voice and video communication, has seen declining prominence as Microsoft shifted focus to Teams. This move consolidates Microsoft's offerings in the competitive videoconferencing market, aligning with its broader communication strategy. Key Takeaway
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Crypto CME Group, the leading derivatives marketplace, announced the launch of Solana (SOL) futures on March 17, pending regulatory approval. The new contracts will offer both micro-sized and larger-sized options, catering to diverse market participants. This addition reflects the growing demand for regulated products to manage cryptocurrency price risk. The launch of SOL futures expands CME Group's crypto product suite, which already includes Bitcoin and Ether futures. This move is expected to provide investors with more tools for investment and hedging strategies, further legitimizing cryptocurrency as an asset class. Key Takeaway
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Today's Technical Analysis
RSI Buy | MFI Buy | WillR Buy | AO Buy |
CCI Buy | BBANDS Buy | ULTOSC Buy | STOCH Buy |
RSI Sell | MFI Sell | WillR Sell | AO Sell |
CCI Sell | BBANDS Sell | ULTOSC Sell | STOCH Sell |
RSI Sell | MFI Sell | WillR Sell | AO Sell |
CCI Sell | BBANDS Sell | ULTOSC Sell | STOCH Sell |
RSI Buy | MFI Buy | WillR Buy | AO Buy |
CCI Buy | BBANDS Hold | ULTOSC Buy | STOCH Buy |
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Technical Indicator Information
Relative Strength Index (RSI) | Period: 14 days | Overvalued threshold: 70 | Undervalued threshold: 30
Money Flow Index (MFI) | Period: 14 days | Overvalued threshold: 80 | Undervalued threshold: 20
Williams Percent Range (WillR) | Period: 14 days | Overvalued threshold: -20 | Undervalued threshold: -80
Aroon Oscillator (AO) | Period: 14 days | Overvalued threshold: 75 | Undervalued threshold: -75
Moving Average Convergence/Divergence (MACD) | Period: 26/12/9 days | Overvalued threshold: MACD crosses below MACD Signal | Undervalued threshold: MACD crosses above MACD Signal
Stochastic Oscillator (STOCH) | Period: 14/3/3 days | Overvalued threshold: %K crosses below %D above 80 | Undervalued threshold: %K crosses above %D below 20
Commodity Channel Index (CCI) | Period: 20 days | Overvalued threshold: 100 | Undervalued threshold: -100
Bollinger Bands (BBANDS) | Period: 20 days | Overvalued threshold: price >= upper band | Undervalued threshold: price <= lower band
Parabolic Stop and Reverse (SAR) | Period: variable 50 - 100 days | Overvalued threshold: SAR crosses above price | Undervalued threshold: SAR crosses below price
Triple Exponential Average (TRIX) | Period: 15 days | Overvalued threshold: TRIX crosses below 0 | Undervalued threshold: TRIX crosses above 0
Ultimate Oscillator (ULTOSC) | Period: 28/14/7 days | Overvalued threshold: 70 | Undervalued threshold: 30
Directional Movement Index (DMI) | Period: 14 days | Overvalued threshold: PlusDI crosses below MinusDI | Undervalued threshold: PlusDI crosses above MinusDI
Average Directional Index (ADX) | Period: variable 14 days | Requirement: >= 25
Analysis is only performed on securities with market caps in excess of $100 million and with daily trade volume in excess of $50 million.
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