Boeing, under CEO Kelly Ortberg, is successfully turning around its business by addressing safety, production, and regulatory issues. In Q1 2026, the company beat earnings and revenue estimates, reduced cash burn by $900 million, and saw a 13% rise in commercial revenue. Upcoming certifications for the MAX 7 and MAX 10, along with increased 737 production and regained self-certification authority, are expected to boost future revenue and margins. The positive momentum supports a Buy rating for Boeing stock with anticipated strong performance in the second half of 2026.
US stock futures point to a strong start with Dow Jones up 1.1%, S&P 500 up 0.9%, and Nasdaq up 1.5%, driven by a sharp 6.3% drop in oil prices following a pause in US-Iran military actions. Although no official ceasefire is declared, Iran has agreed...
This week, U.S. markets focus on the Federal Reserve's July meeting, key inflation data like Core PCE, and second-quarter GDP figures, alongside major tech earnings from Microsoft, Meta, Apple, and Amazon. Rising oil prices and geopolitical tensions ...
At the 2026 Farnborough International Airshow, GE Aerospace announced commitments for about 1,800 engines, highlighted by a record-breaking memorandum of understanding with IndiGo for over 1,000 LEAP-1A engines. The company also reported advances in ...
