Boeing cleared Q2 sales estimates as commercial airplane deliveries grow. FAA highlights seat installation issue. BA stock rises.
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Investing.com -- Boeing Co. (NYSE: BA) reported a wider-than-expected second quarter loss despite revenue exceeding analyst estimates, with shares rising 1.2% following the results.
Boeing (BA) reported second quarter results on Tuesday that beat revenue and cash flow expectations, as rising jet deliveries pushed the planemaker to positive free cash flow, continuing CEO Kelly Ortberg's turnaround progress.
The planemaker took a $280 million charge on the VC-25B program, pushing its adjusted loss to 76 cents a share against a 30-cent estimate
SEATTLE, July 28 (Reuters) - Boeing on Tuesday reported a larger-than-expected quarterly loss after taking a $280 million charge on its troubled Air Force One replacement program, but generated positive free cash flow as its turnaround plans gained momentum. It took the charge due to higher engineering costs to ensure it delivers the two delayed U.
According to a report, seats on some of the aircraft maker’s models weren’t correctly installed in their seat tracks, the Federal Aviation Administration said.
↘️ Samsung (KR:005930), SK Hynix (KR:000660, SKHY): Shares in both chipmakers dropped more than 13% as part of a broader selloff amid mounting doubts over the AI boom. Over in the U.S., Micron Technology (MU), Intel (INTC) and other chip stocks are also sliding premarket.
In January, a headhunter from search firm Spencer Stuart started calling restaurant industry executives with a proposition: Would you come to Cracker Barrel as the next CEO? Cracker Barrel’s decision to select a 69-year-old former restaurant executive to lead the chain highlights the emerging practice of boards calling in retired chief executives from the sidelines to help engineer high-profile turnarounds. In recent years, Boeing Verizon Communications and others have all chosen once-retired CEOs.
July 28 (Reuters) - Nasdaq futures fell on Tuesday, mirroring a cautious mood across global markets toward AI chip stocks on concerns about hefty corporate spending and rising Chinese competition,
Retail sentiment remains ‘bearish’ on SPY and deteriorated to ‘extremely bearish’ on QQQ, amid growing anxiety around technology stocks.
Today Earnings (a.m.): Coca-Cola, UPS, Boeing, Sherwin-Williams, Hilton, Centene, PayPal, S&P Global Earnings (p.m.): Visa, Ford Motor, Mondelez International, Waste Management, PPG Industries, Bloom Energy, Avis Budget, Seagate Technology Economic data: Consumer confidence index, Johnson Redbook retail sales index, U.

Yahoo Finance's Josh Lipton takes a closer look at the top stories for investors to watch on Tuesday, Jul. 28, including the July consumer confidence reading and quarterly earnings from Ford (F), Visa (V), and Boeing (BA).
Boeing reports second quarter numbers on Tuesday. Wall Street is looking for an operating profit of about $460 million up from a year-ago operating loss of almost $200 million.
This electric air taxi pioneer has made visible progress, but its history in market downturns poses a stark question for shareholders.
Wall Street is heading for a pivotal week as Big Tech earnings, the Federal Reserve's rate decision and key inflation data test a market hovering near record highs. The busiest stretch begins on Wednesday, when Microsoft and Meta Platforms report earnings before the focus quickly shifts to...
Cooling off tensions in Iran, Q2 earnings and a new mega-memory chip play out of China buoy markets this morning.
HXL's Q2 results may benefit from stronger commercial aerospace demand and higher production volumes, while rising R&D and restructuring costs could have weighed on earnings.
Boeing's Biggest Test Yet Arrives Tuesday as Turnaround Gains Steam
Wall Street stocks are predicted to open sharply higher on Monday as a pause in US and Iranian attacks sent oil prices tumbling ahead of a massive week for markets, including a Federal Reserve meeting and earnings from several tech megacaps. Dow Jones futures were up 568 points, or 1.1%,...