Jeff Bezos Blue Origin space venture and its partners have won a $130 million award to jump-start the design of their Orbital Reef commercial space station, which could take shape during the waning years of the International Space Station. Two other teams also won NASA funding for their design efforts: Houston-based Nanoracks will get $160 million for its Starlab concept, while Northrop Grumman will get $125.6 million for its proposal. Blue Origin which is headquartered in Kent, Wash. is partnering with Sierra Space as well as Boeing, Redwire Space, Genesis Engineering Solutions and Arizona State University on Orbital Read More

Market Rebounds from Omicron Selloff

09:24pm, Thursday, 02'nd Dec 2021 Baystreet Canada
Stocks rebounded sharply on Thursday, following a omicron-driven selloff in the previous session, as cyclical names made back some of their recent losses. The Dow Jones Industrials regained 617.75 points, or 1.8%, to conclude Thursday at 34,639.79, helped by an uptick in Boeings stock. The S&P 500 index climbed 64.06 points, or 1.4%, to 4,577.10. The NASDAQ recovered 127.27 points to 15,381.32. Airline, casino and energy stocks led the gainers on Thursday, rebounding from Wednesdays market rout. Delta Air Lines rose 9.3%, MGM Resorts added 7.7% and Hilton Worldwide gained 7.5%. Norwegian Cruise Line added 7.7% and Wynn Resorts closed up 8.2%. Occidental Petroleum and Baker Hughes added 2.4% and 2.5%, respectively. Dow component Boeings shares jumped 7.5% after China cleared the 737 Max to return to fly. On the negative side, Apples stock dropped after Bloomberg News reported the tech giant is experiencing slowing iPhone demand ahead of the all-important holiday season. Investors continue to watch for developments on the new omicron COVID-19 variant, with uncertainty around its rate of transmissibility and fears that it could evade vaccines.

TSX Surges after Wednesday Selloff

09:24pm, Thursday, 02'nd Dec 2021 Baystreet Canada
Canada''s main stock index came off a seven-week low Thursday, supported by defensive sectors and financials as major lenders boosted their dividends. The S&P/TSX Composite spiked 297.43 points, or 1.5%, by close of business Thursday to 20,762.03. The Canadian dollar gained 0.0 1 cents at 78.07 cents U.S. Consumer discretionary stocks gained with Magna International better by $4.39, or 4.6% to $100.86, and Martinrea International, taking on 49 cents, or 4.8%, to $10.75. In consumer staples, SunOpta hiked 30 cents, or 4%, to $7.83, and George Weston sprinted $5.26, or 3.9%, to $138.66. Health-care stocks also flourished, with Cronos Group up 24 cents, or 4.4%, to $5.64, and Canopy Growth improving 51 cents, or 4%, to $13.25. Only gold faltered, with Alamos Gold leaning lower 18 cents, or 1.9$, to $9.36, while Iamgold doffed 11 cents, or 2.9%, to $3.72. ON BAYSTREET The TSX Venture Exchange lost 7.7 points to end Thursday at 910.22. All but one of 12 TSX subgroups were in the green, led by consumer discretionary stocks, ahead 2.9%, consumer staples, improving 2.7%, and health-care, up 2.5%.
The pending recertification of Boeing''s 737 MAX in China, along with lessening concerns about the Omicron variant, resulted in the Dow Jones more than making up for yesterday''s big sell-off.

Falcon Wealth Planning Purchases 222 Shares of The Boeing Company (NYSE:BA)

07:54pm, Thursday, 02'nd Dec 2021 Dakota Financial News
Falcon Wealth Planning boosted its position in shares of The Boeing Company (NYSE:BA) by 3.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,731 shares of the aircraft producers stock after buying an additional 222 shares during the period. Boeing makes []

Dow up near 700 points

07:34pm, Thursday, 02'nd Dec 2021 Forexlive
Boeing leads the way The Dow is surging by over 700 points. In the other major indices, - Dow industrial average fell -7.0% - S&P index fell -5.0% from its all-time high
The Dow Jones rallied as Boeing stock took off. Mitch McConnell made a pledge after Congress struck a deal to avert a government shutdown. The post Dow Jones Rallies As Boeing Soars; McConnell Makes This Pledge Amid Shutdown Deal; Builders Surge appeared first on Investor''s Business Daily .

Kroger, Boeing, Dollar General and more

06:09pm, Thursday, 02'nd Dec 2021 Bitcoin Ethereum News
The post Kroger, Boeing, Dollar General and more appeared on BitcoinEthereumNews.com . A shopper holding an umbrella walks towards a Kroger Co. grocery store in Louisville, Kentucky, U.S., on Sunday, April 26, 2020. Stacie Scott | Bloomberg | Getty Images Check out

US stocks see hesitant gains after two straight routs

03:49pm, Thursday, 02'nd Dec 2021 Business Recorder
NEW YORK: Wall Street stocks generally climbed early Thursday as the market tried to shrug off two straight losing sessions on worries about Covid-19 and shifting monetary policy. But the Nasdaq faltered and analysts cautioned that the early gains were on shaky ground, noting Tuesday''s rout was followed by an early rally Wednesday that fizzled after US health authorities reported the first case of the Omicron variant of Covid-19 in the country. "The market is struggling to know what to do about the Omicron variant at this point," said Gregori Volokhine of Meeschaert Financial Services. About an hour into trading, the Dow Jones Industrial Average was at 34,330.20, up 0.9 percent. The broad-based S&P 500 advanced 0.5 percent to 4,534.39, while the tech-rich Nasdaq Composite Index declined 0.4 percent to 15,197.52. US labor data showed an uptick in weekly jobless claims, although the overall figure remains below the pre-pandemic level. The report comes ahead of Friday''s closely-watched monthly jobs report.

Boeing Stock Lifted by China''s Potential 737 MAX Approval

03:42pm, Thursday, 02'nd Dec 2021 Schaeffers Investment Research
China gave Boeing''s 737 MAX jet an airworthiness directive

Dow Movers: AAPL, BA

03:13pm, Thursday, 02'nd Dec 2021 One News Page
In early trading on Thursday, shares of Boeing topped the list of the day''s best performing Dow Jones Industrial Average components, trading up 3.5%. Year to date, Boeing has lost about 9.0% of its value.

Boeing’s Super Hornet officially out of fighter jet competition

02:43pm, Thursday, 02'nd Dec 2021 Supply Professional magazine
OTTAWA —The federal government has confirmed Boeing’s Super Hornet fighter jet is out of the running to replace Canada’s CF-18s. The official announcement from Public Services and Procurement Canada comes nearly a week after The Canadian Press first reported that Boeing had been told its bid for the $19-billion fighter jet contract did not meet […] The post Boeing’s Super Hornet officially out of fighter jet competition appeared first on Supply Professional .

Segment Wealth Management LLC Decreases Stake in The Boeing Company (NYSE:BA)

02:24pm, Thursday, 02'nd Dec 2021 Dakota Financial News
Segment Wealth Management LLC reduced its holdings in The Boeing Company (NYSE:BA) by 76.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 5,525 shares of the aircraft producers stock after selling 18,024 shares during the period. Segment Wealth Management LLCs holdings in Boeing were worth $1,215,000 at the end of the most recent []

S&P 500, Dow eye higher open after Omicron-led selloff

02:10pm, Thursday, 02'nd Dec 2021 Reuters
The Dow and the S&P 500 were set to rise on Thursday, led by gains in planemaker Boeing and travel stocks, although increasing cases of the new Omicron coronavirus variant across the world continued to drive volatility in markets.

Boeing May Lead Advance By Dow, But Tech Weakness May Weigh On Nasdaq

02:03pm, Thursday, 02'nd Dec 2021 Business Insider Markets
(RTTNews) - The major U.S. index futures are currently pointing to a mixed open on Thursday, as the Dow futures are advancing but the Nasdaq 100 futures are moving lower. Some sectors may benefit from bargain hunting following the substantial downturn seen over the course of the previous session. News the first confirmed case of the omicron
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE