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Dow Jones Futures Bounce, But Stock Market Sell-Off Worsens; Apple Drops On Weak iPhone Demand
01:33pm, Thursday, 02'nd Dec 2021 Techtelegraph
Dow Jones futures grabbed back more than 250 points Thursday, after the stock market sell-off worsened Wednesday. Apple stock tumbled on reportedly weak iPhone demand. Boeing rallied on 737 Max news. Meanwhile, Five Below and Snowflake surged on strong earnings results. X Among the Dow Jones leaders, Apple (AAPL) traded down more than 3% early [] The post Dow Jones Futures Bounce, But Stock Market Sell-Off Worsens; Apple Drops On Weak iPhone Demand appeared first on TECHTELEGRAPH .
Snowflake, Boeing, Apple and more
01:16pm, Thursday, 02'nd Dec 2021 Bitcoin Ethereum News
The post Snowflake, Boeing, Apple and more appeared on BitcoinEthereumNews.com . Check out the companies making headlines in premarket trading. Snowflake The cloud data companys shares jumped more than 13% after the company reported quarterly results that beat revenue estimates.
RFG Advisory LLC Has $742,000 Stake in The Boeing Company (NYSE:BA)
12:58pm, Thursday, 02'nd Dec 2021 Dakota Financial News
RFG Advisory LLC raised its position in shares of The Boeing Company (NYSE:BA) by 16.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,372 shares of the aircraft producers stock after purchasing an additional 475 shares during []
Futures Rebound Fizzles On Slowing iPhone Demand, Omicron Fears
12:57pm, Thursday, 02'nd Dec 2021 Zero Hedge
Futures Rebound Fizzles On Slowing iPhone Demand, Omicron Fears U.S. index futures regained some ground alongside Asian markets while European stocks slumped to session lows in a delayed response to yesterday''s late Omicron-driven US selloff, as markets remained volatile following the biggest two-day plunge in more than a year, spurred by concern about the omicron coronavirus variant and Federal Reserve tightening. Investors await data for unemployment claims, as well as earnings from companies including Dollar General and Kroger. Tech is the weakest sector, dropping in sympathy after Apple warned its suppliers of slowing iPhone demand. Nasdaq futures pared earlier gains of up to 0.8% to trade down 0.1% while S&P futures are only 0.2% higher after rising as much as 0.9%. While the knee-jerk reaction of stock investors may continue to be to take profits before the end of the year, there is plenty of liquidity available to drive stock prices higher as dip-buyers enter the market , Ed Yardeni wrote in a note.
Boeing drives S&P, Dow futures higher after Omicron drubbing
12:53pm, Thursday, 02'nd Dec 2021 FX Empire
By Devik Jain (Reuters) Futures tracking the Dow and the S&P 500 rose 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 Shares Soar As China To Clear 737 MAX To Fly Again
12:03pm, Thursday, 02'nd Dec 2021 Zero Hedge
Boeing Shares Soar As China To Clear 737 MAX To Fly Again Shares of Boeing are higher in U.S. premarket trading Thursday after China''s aviation authority issued an airworthiness directive on the 737 MAX, and the planemaker''s engine supplier provided a positive outlook. After more than two and a half years, the 737 MAX is on track to return to service in China, according to Reuters , citing a report from the Civil Aviation Administration of China (CAAC). The airworthiness directive instructs carriers on the changes required before the plane can return to service, although there was no timeframe on when the 737 MAX will return to the skies. Shares of Boeing are up more than 4% in the U.S. premarket. Boeing said the directive is a ''major milestone'' towards returning the 737 MAX to service across China. "After conducting sufficient assessment, CAAC considers the corrective actions are adequate to address this unsafe condition," CAAC said in a statement. "The CAAC''s decision is an important milestone toward safely returning the 737 MAX to service in China," Boeing said on Thursday. "Boeing continues to work with regulators and our customers to return the airplane to service worldwide." For a return to service, CAAC requested three things from Boeing: Certified design changes of the plane, Proper training for pilots, And a comprehensive analysis of the two deadly crashes in 2018 and 2019 resulted in the worldwide grounding of the planes.
Jet Airways in talks with Boeing, Airbus for 100 aircraft in revival bid
12:00pm, Thursday, 02'nd Dec 2021 The Print India
The winning bidders for Jet Airways plan to start flights in the first three months of next year. The potential revival will be the first for any airline under Indias bankruptcy laws.
Ethiopia refused to give crashed Boeing Blackbox to Trump
11:47am, Thursday, 02'nd Dec 2021 New Business Ethiopia
Ambassador Lencho Bati, who was advisor to the Prime Minister Abiy Ahmed, now serving as Ambassador to Saudi Arabia said that the former U.S. President Trump has called Prime Minister Abiy urging to give him the Blackbox of the crushed Boeing airplane in Ethiopia. Meanwhile, Prime Minister Abiy refused to do so and sent the []
The Boeing Company (NYSE:BA) Shares Sold by UMB Bank N A MO
02:50pm, Wednesday, 01'st Dec 2021 Transcript Daily
UMB Bank N A MO reduced its stake in shares of The Boeing Company (NYSE:BA) by 59.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,209 shares of the aircraft producers stock after selling 74,509 shares during the []
How Boeing is transforming F-16 fighter jets into DRONES after stark warning US is losing arms race to China and Russia
10:59pm, Tuesday, 30'th Nov 2021 The Sun
BOEING is working on a new $49.7million deal with the US Air Force to convert retired F-16 fighter jets into unmanned target drones after a stark warning the US is falling behind China and Russia in the arms race. The contract was awarded to the Boeing Defense, Space & Security segment in St. Louis to []
Boeing reiterated Top Idea at Wells Fargo
07:00pm, Tuesday, 30'th Nov 2021 The Global Herald
CNBC Television published this video item, entitled Boeing Read more
Boeing Settles Shareholder Litigation and Agrees to Reforms (Part IV of IV)
06:32pm, Tuesday, 30'th Nov 2021 JD Supra
The crushing aftermath of the tragic 737 MAX scandal is disturbing at the least. Innocent lives were lost because of Boeings culture misfires, poor leadership at the management and board level, and an arrogant disregard for the impact of safety concerns. By: Michael Volkov
RMR Wealth Builders Raises Holdings in The Boeing Company (NYSE:BA)
04:46pm, Tuesday, 30'th Nov 2021 Dakota Financial News
RMR Wealth Builders grew its position in shares of The Boeing Company (NYSE:BA) by 4.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,485 shares of the aircraft producer’s stock after buying an additional 284 shares during the period. RMR Wealth Builders’ holdings […]
US Lawmakers Ask FAA to Detail Boeing 737 MAX Oversight
07:41am, Tuesday, 30'th Nov 2021 The Epoch Times
Three U.S. House Democrats on Monday asked the head of the Federal Aviation Administration (FAA) to provide more details of the agencys oversight of Boeings (BA.N) 737 MAX and questioned whether the planemaker had been held fully accountable. The best-selling, single-aisle airplane, which was grounded for 20 months after two crashes killed 346 people in []
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