Boeing shares rose following Treasury Secretary Scott Bessent's indication of significant aircraft orders from China during President Trump's meeting with Chinese President Xi Jinping. The U.S.-China tariff dispute had previously halted Boeing deliveries and orders, pushing Chinese airlines toward Airbus. Boeing is reportedly negotiating a potential order of up to 500 aircraft from China, contingent on easing trade tensions and agreement on delivery terms. This deal could mark Boeing's largest Chinese order since 2017 and boost its market position amid ongoing trade talks.
During President Donald Trump's visit to Beijing for talks with Chinese President Xi Jinping, Boeing CEO Kelly Ortberg highlighted a potential large aircraft deal, possibly including 500 Boeing 737 Max jets. This deal is part of broader U.S.-China ne...
Piper Sandler's Craig Johnson advises investors to keep expectations low for the Trump-Xi summit, anticipating modest deals mainly in aircraft and agricultural products. The market has already priced in subdued outcomes, reducing the risk of disappoi...
Traders predict an 86% chance that President Trump will announce China purchasing Boeing aircraft during his Beijing meeting with President Xi Jinping, potentially the largest order ever. There's also an 81% chance of extending the U.S.-China tariff ...
Boeing President and CEO Kelly Ortberg will deliver a speech at the Bernstein Strategic Decisions Conference on May 27 at 10:00 a.m. ET. The event will be webcast live and a transcript will be available afterward on Boeing's investor website. This pr...
President Donald Trump announced that Nvidia CEO Jensen Huang is traveling with him to China, contradicting earlier reports that Huang was not invited. Huang, who recently criticized U.S. export controls that have hurt Nvidia's market share in China,...
