Boeing has lost more than $2 billion producing the Next Air Force One after President Donald Trump renegotiated the deal in his first term.
The machinist strike and Pentagon projects have sapped the manufacturer’s cash flow.
United Airlines, Delta Air Lines and several other U.S.-based carriers have all given investors strong forecasts for the year. Wall Street expects major airlines to increase revenue and profit in 2025. Lower jet fuel prices have also helped brighten those forecasts.
Is an embattled Boeing performing above or below forecasts? It may be better to just go with your gut. The Virginia-based plane maker confirmed Tuesday that revenues shrank 31% in the fourth quarter of 2024 from a year earlier,
And now that the dust has settled at aerospace stock Boeing (BA), it is now time to look to the future, and see if Boeing can pull off anything
Boeing (BA) is set to report Q4 earnings on Tuesday. Q4 pre-announced print looks rough but stock has bullish signals, analysts see 20% upside.
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer.
Shares of Boeing ( BA 2.00%) are moving higher Tuesday. The company's stock gained 4.1% as of 1:20 p.m. ET, but was up as much as 7.6% earlier in the day. The move upward comes as the S&P 500 and Nasdaq Composite gained 0.8% and 1.8%, respectively.
Boeing hopes by year-end to be producing seven 787s monthly, up from five monthly, though the company continues dealing with shortages of critical parts and with challenges related to certifying seats.
Wall Street's main stock indexes were set to open lower on Friday, with investors staying cautious ahead of economic data, while planemaker Boeing dropped after issuing a quarterly profit warning. At 8:42 a.
An S&P Global survey showed that business activity slowed to a ninth-month low in January amid rising price pressures, but firms reported higher hiring, supporting the Federal Reserve's cautious approach to monetary policy this year.
Wall Street's major indices showed uncertainty as investors analyzed new economic data. Boeing's shares dipped due to expected losses, while Verizon gained with subscriber growth. Concerns about potential tariffs further affected market sentiment as President Trump highlighted trade policies,