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Boeing Hits a Key Milestone. The Stock Is Up.
Barrons.com120d agoneutral
Boeing Hits a Key Milestone. The Stock Is Up.

Boeing stock rose after CEO Kelly Ortberg gave investors some good news about an important 737 MAX milestone. The company passed its capstone review with the Federal Aviation Administration, allowing it to increase its 737 MAX production to 47 jets a month, Ortberg said at the Bernstein Strategic Decisions investor conference Wednesday. Most recently, Boeing had been making 42 MAX jets a month, after getting FAA approval to raise production in late 2025.

Investing.com120d agoneutral
Seaport says GE Aerospace selloff is a buying opportunity

Investing.com -- Seaport Research Partners initiated coverage on GE Aerospace with a Buy rating and a $375 price target, arguing that recent weakness in the aerospace giant’s shares presents an attractive entry point for investors betting on a longer-lasting aviation aftermarket boom.

Boeing Says It’s Ready to Increase MAX Production Again
The Wall Street Journal120d agoneutral
Boeing Says It’s Ready to Increase MAX Production Again

Boeing's CEO said the company is ready to expand production of its 737 MAX models to 47 jets a month, a hopeful sign for its effort to move past quality-control problems. CEO Kelly Ortberg said Boeing recently passed a "capstone review" of its MAX production, clearing the way for its next increase in output. The Federal Aviation Administration capped Boeing's monthly manufacturing rate in 2024 after the midair blowout of a 737 MAX door panel, and regulators last year removed some production restrictions, but the company has ramped up output gradually to avoid snags.

Citi says defense selloff creates Boeing stock opportunity
TheStreet124d agobearish
Citi says defense selloff creates Boeing stock opportunity

Investors have had plenty of reasons to question Boeing over the past few years, but Wall Street is starting to separate the company’s defense story from its better-known commercial aviation challenges. Citi is turning more constructive on parts of the aerospace and defense sector after a sharp ...

US jury finds Boeing not guilty in 737 MAX grounding lawsuit
AFP125d agobearish
US jury finds Boeing not guilty in 737 MAX grounding lawsuit

A US jury found Friday that aerospace giant Boeing was not liable for lost revenue in a lawsuit involving its 737 MAX jets, which were grounded for 20 months following two deadly crashes in 2018 and 2019.The 737 MAX jets were grounded from March 2019 until November 2020, when the US Federal Aviation Administration cleared the aircraft to resume service after Boeing upgraded the MCAS. - Victim family lawsuits - The case from the airline, whose full company name is Polskie Linie Lotnicze LOT S.A.,

Investing.com125d agoneutral
Key takeaways from Trump’s China visit

Investing.com -- US President Donald Trump’s May 13–15 visit to China concluded with a "constructive strategic stability" framework and a commitment to step up communication channels between Washington and Beijing.

Fresh China deal gives hope for whipsawed Boeing shares
TheStreet126d agoneutral
Fresh China deal gives hope for whipsawed Boeing shares

A funny thing happened to Boeing's stock last week when an excited President Donald Trump revealed that Boeing had a deal to sell 200 new airplanes to China. The stock went down on three of the next five days, only because investors were expecting an order for about 500 planes. Boeing fell as much ...

Musk Has Complete Control of SpaceX, and  4 More Takeaways From the IPO Filing
Barrons.com126d agoneutral
Musk Has Complete Control of SpaceX, and 4 More Takeaways From the IPO Filing

The S-1 IPO registration statement for Elon Musk’s rocket company SpaceX arrived late Wednesday afternoon. SpaceX is going after what it describes as a $28.5 trillion addressable market “to build the systems and technologies necessary to make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars.” The IPO is expected to raise a record amount of money, valuing Elon Musk’s company at roughly $2 trillion—enough to turn the world’s richest person into a trillionaire.

One-Fifth of SpaceX Revenue Comes From Uncle Sam: The Defense Contractors That Should Worry
24/7 Wall St.126d agoneutral
One-Fifth of SpaceX Revenue Comes From Uncle Sam: The Defense Contractors That Should Worry

SpaceX’s S-1 just handed legacy defense investors a number they cannot ignore. And you can bet they won’t. In 2025, roughly one-fifth of SpaceX revenue came from U.S. federal agencies, primarily NASA, the Department of War, the General Services Administration, and certain Intelligence Community agencies, focused on launch services, spacecraft development, satellite deployment, and artificial ... One-Fifth of SpaceX Revenue Comes From Uncle Sam: The Defense Contractors That Should Worry

SpaceX IPO Filing Finally Comes. Mars, Musk, and More Big Things to Watch.
Barrons.com127d agoneutral
SpaceX IPO Filing Finally Comes. Mars, Musk, and More Big Things to Watch.

The S-1 IPO registration statement for Elon Musk’s rocket company SpaceX arrived late Wednesday afternoon. Investors can download it here. The IPO is expected to raise a record amount of money, valuing Elon Musk’s company at roughly $2 trillion—enough to turn the world’s richest person into a trillionaire.

NTSB: Flaw that led to engine flying off UPS plane grew unnoticed under relaxed inspection schedule
Associated Press127d agoneutral
NTSB: Flaw that led to engine flying off UPS plane grew unnoticed under relaxed inspection schedule

A UPS plane crash that killed 15 people last year might have been prevented if an original inspection schedule hadn't been relaxed, but mechanics didn't get a close look at the parts that should have kept an engine from flying off its wing because federal regulators allowed Boeing to recommend checking them less frequently, according to testimony Wednesday. The National Transportation Safety Board's questions also drew out that Boeing relied on older data when it asked to extend the inspection schedule in 2015, and didn't seem to account for seven instances on other planes of the same model when the key engine mount parts were failing. The Federal Aviation Administration, for its part, approved the request after a month's review without seeking more information.

Citi calls Boeing selloff a 'gift,' resets stock price target
TheStreet127d agobearish
Citi calls Boeing selloff a 'gift,' resets stock price target

Boeing (BA) just had one of its worst days in months, and one major bank thinks the panic created a bargain. Most of Wall Street zeroed in on a single number: 200. That was the size of the China jet order President Trump unveiled, according to Reuters, and traders had hoped for far more. The stock ...

Beijing Confirms Boeing Aircraft Order Following Trump's China Visit—Xi Jinping Seeks To End $30 Billion In Reciprocal Tariffs With US
Benzinga127d agoneutral
Beijing Confirms Boeing Aircraft Order Following Trump's China Visit—Xi Jinping Seeks To End $30 Billion In Reciprocal Tariffs With US

China, on Wednesday, confirmed a 200-aircraft order from Boeing Co (NYSE:BA) following President Donald Trump‘s meeting with Chinese President Xi Jinping last week. China Confirms Boeing Deal The country will purchase the aircraft, China’s Ministry of Commerce said in a statement, confirmed by Chinese state-run news agency Xinhua. The order is the first major order Boeing has secured from the world’s second-largest aviation market in over a decade. Read Also: Jim Cramer Says Beijing Can't Afford

China Signals It Will Accept Trump’s Push to Rebuild Tariff Wall
Bloomberg127d agoneutral
China Signals It Will Accept Trump’s Push to Rebuild Tariff Wall

(Bloomberg) -- China indicated it would accept some increase in US tariffs to a level agreed upon last year and would continue talks to extend a trade truce — a sign ties between the world’s two largest economies are further stabilizing.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersNATO Is Starting to Consider Hormuz Mission to Protect ShipsHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS 30-Year Yield Hits Highest Since 2007 as Selloff Deepen

SpaceX’s IPO to Mint Millionaires in Poor Texas Border Town
Bloomberg128d agoneutral
SpaceX’s IPO to Mint Millionaires in Poor Texas Border Town

(Bloomberg) -- A 45-minute drive down a narrow highway separates one of America’s poorest border cities from the heart of Elon Musk’s SpaceX empire.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksTrump Says Holding Off on New Iran Strikes After Gulf AppealElon Musk Loses Case Against Sam Altman Over OpenAI’s OverhaulStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapA lot has changed in Brownsv

China Will Buy $17 Billion in U.S. Farm Goods, White House Says
The Wall Street Journal129d agobullish
China Will Buy $17 Billion in U.S. Farm Goods, White House Says

China will buy $17 billion worth of U.S. agricultural goods through 2028, the White House said in a fact sheet posted Sunday outlining the results of meetings between President Trump and Chinese leader Xi Jinping last week. The agricultural deal will come in addition to soybean purchases China made in 2025, the White House said. The fact sheet didn't specify which farm products would be sold, but corn, wheat and soybean futures moved higher on the announcement.

Boeing is still in hot water over Max crash
TheStreet130d agobearish
Boeing is still in hot water over Max crash

Seven years after Ethiopian Airlines Flight 302 went down outside Addis Ababa, a federal jury in Chicago is still assigning a dollar value to what Boeing's failures cost one family. On May 13, that number came in at $49.5 million. The verdict is not large enough to threaten Boeing's balance sheet. ...

Bloomberg131d agoneutral
China Says to Cut Levies, Expand Farm Trade After Talks With US

(Bloomberg) -- China said it agreed with the US to lower levies on some products to promote bilateral trade, underscoring how ties between the world’s two largest economies are further stabilizing after the historic meeting of the leaders.Most Read from BloombergWinners and Losers From Trump and Xi’s Beijing Summit TalksHormuz Oil Flows Creep Higher as More Supertankers ExitWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Iran’s Kharg Island Oil Jetties Empty Again Yesterday, Satel