There's a saying on Wall Street that the market can stay irrational longer than investors can remain solvent, which means nobody should attempt to fight the market in its trends and views. Recently, despite seeing contradicting economic data, the S&P 500 had reached a new all-time high price, one that was held for a quarter or two.
Boeing's key metric is improving. Its near-term cash flow is deteriorating, and more cash calls may come in the coming year.
Boeing is progressing in ramping up 737 MAX deliveries, and a new CEO is likely to help. The company still faces substantial headwinds.
NASA management has been discussing this week whether it should return the agency's astronauts on board Boeing's misfiring Starliner capsule or send back the spacecraft empty. SpaceX's Crew Dragon spacecraft would serve as the likely alternative to return the crew from the ISS.
The Boeing Starliner's return to Earth is delayed indefinitely, adding $125 million in losses. NASA astronauts have been stuck on the ISS for 57 days due to issues with its propulsion system.
Boeing's incoming boss, Kelly Ortberg, faces a herculean task when he starts next week - restoring the might of a U.S. corporate powerhouse rocked by multiple crises.
Boeing Co BA shares are trading lower today following second quarter earnings miss reported yesterday. Several analysts raised the price target on the stock.
Incoming Boeing chief executive Robert "Kelly" Ortberg is set to officially take the reins of the aerospace giant next week. Here is a look at his background.
Why Boeing Stock Initially Jumped On Wider Losses
Defense stocks to check out in the stock market right now.
Boeing has lost another $125 million on its Starliner astronaut capsule program due to delays in its first crewed flight test, which was supposed to last just eight days — and has now been on orbit for almost two months.
GE Aerospace CEO Larry Culp turned around the iconic American manufacturer. But it wasn't always smooth sailing.