Shares in aerospace giant Boeing (BA -6.45%) were lower by 7.3% as of 11 a.m. today. The move is due to today's implementation of 25% tariffs on goods imported from Mexico and Canada and a 10% import duty on Canada's energy products.
The Boeing Co. NYSE: BA faced a lot of turbulence in 2024, from quality control issues, nightmare PR and the IAM union strike. The aerospace sector giant endured and resolved the union strike as the 33,000 striking mechanics returned to the assembly lines, bringing all systems back online in 2025.
While using computers and algorithms is commonplace on Wall Street today, David Shaw was an early pioneer who became known as the “King of Quants” for using them to master high-speed quantitative trading.
The Boeing Company's turnaround under Kelly Ortberg shows promise, with increased transparency and a KPI-driven framework to boost production and maintain quality. Despite geopolitical tensions, Boeing 737 MAX deliveries to China have resumed, demonstrating China's ongoing need for these aircraft to meet air travel demand. China continues to balance airplane deliveries between BA and Airbus, with Boeing maintaining a 47% share of single-aisle deliveries over the past year.
Budget carrier Norwegian has agreed to buy 10 Boeing 737-800 aircraft that are currently part of its leased fleet, the airline said on Monday.
Boeing and Airbus say installations of new seats are holding up aircraft deliveries. Supply chain issues and certification of new first- and business-class seat models have delayed deliveries to airlines.
It's time for me to issue a mea culpa. A couple of months ago, I predicted a banner year for Boeing's (BA 0.46%) defense and space (BDS) business, so long as just one thing happened first.
Investors interested in BA stock should wait for a better entry point, considering the stock's poor ROIC.
In the latest trading session, Boeing (BA) closed at $173.83, marking a +0.46% move from the previous day.
It's no secret that Boeing Co (NYSE:BA) has struggled over the past year due to incidents with its commercial and defense units, as well as a workers' strike.
Boeing (BA) reported earnings 30 days ago. What's next for the stock?
Zacks.com users have recently been watching Boeing (BA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.