Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

Today is Friday, May 9th. I'm Julie Morgan. New jets for IAG, soft bookings for Expedia, and a global chill for Monster.

IAG, the parent company of British Airways and Spanish Airline, Iberia, announced orders

for 53 Boeing and Airbus planes for its long-haul fleet, a day after the U.S. reached

a new trade deal with the U.K.

IA.G is ordering 32 Boeing 78710 aircraft for British Airways and 21 Airbus A330, 900 Neal

planes. The new planes, which will enable IAG's airlines to grow and replace their long-haul

fleets with modern fuel-efficient planes, will be delivered between 2028 and 2033. British Airways is also granted

the rights to choose to buy up to 10 additional Boeing 787 aircraft, while IAG can elect to

purchase up to 13 additional Airbus planes. The new orders follow orders already placed in March

for 12 airbus planes for Iberia,

two different models, and six Boeing 779s for British Airways.

U.S. Commerce Secretary Howard Lutnik on Thursday said a British airline was preparing to buy

$10 billion worth of Boeing aircraft, sending the aircraft maker's shares up 3.3%.

Pre-market Boeing is up another 0.2%.

Weight down by foreign exchange headwinds, adverse weather, and weaker alcohol segment sales.

Monster beverage reported a 2.3% year-over-year sales decline in Q1,

falling $130 million short of Wall Street expectations and sending shares lower in pre-market

trading. On an adjusted basis and excluding the company's alcohol brand segment, earnings per share increased by

10.2 percent to 47 cents and beat the consensus estimates by a penny. Excluding a 38 percent drop in

sales in its alcohol brand segment, the company realized a 1.9% increase in sales.

By region, sales outside the U.S. were down 1.5%, largely on unfavorable foreign exchange rates.

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