News
Boeing Soars Nearly 5% to $226 on Rare Two-Notch Upgrade
BNP Paribas Exane's rare two-notch upgrade sends Boeing shares up nearly 5% to $226.83, as Wall Street rethinks the aerospace giant's recovery story.
Bo Yin
News
Boeing Earnings Preview: Cash Burn and 737 MAX Production Cuts Take Center Stage
Boeing reports Q2 earnings before the bell Tuesday, with investors bracing for more cash burn, slashed 737 MAX output, and a cloudy recovery path. The stock is trading at $213.23, up 1.77% on the day.
News
Boeing Edges Out Airbus at Farnborough With 173 Orders; Stock Inches Higher
Boeing landed 173 aircraft orders at the Farnborough Airshow, topping Airbus’s 130, as shares edged up 0.04% intraday.
News
Boeing Wins Key Shareholder Suit as Appeals Court Tosses Class Action
A federal appeals court decertified the shareholder class action against Boeing over the 737 MAX 9 door-plug blowout, a major legal win for the company. Shares closed at $209.48, down 2.13%.
News
Boeing Drops 3% After Hours as Iran Conflict Escalates — Why Defense Stocks Aren’t Rallying
Iran launched missiles at US bases in Jordan and Bahrain over the weekend and claimed to have closed the Strait of Hormuz. Yet defense stocks like Boeing fell 3% after hours, as depleted munitions stockpiles and a lack of congressional funding overshadow the geopolitical flashpoint.
News
Boeing Rises 3.6% as UK, Italy, Japan Ink £4.6B GCAP Fighter Jet Contract
The UK, Italy, and Japan formally awarded a £4.6 billion contract to the Edgewing consortium to develop a sixth-generation fighter jet. Boeing shares jumped 3.6% on the news.