In 2024, Boeing shares fell 32% while United Airlines shares gained 135%, easily eclipsing the performance of equities in the six other major U.S. airlines.
Now that the 2024 trading year is over, all the biggest investment banks and brokers are starting to roll out their reports and views to align themselves with what 2025 might bring. These outlooks and opinions are often the foundation and benchmark used by clients and other Wall Street players in the industry, so it is more important than ever for retail investors to keep them in mind.
Donald Trump has been an ardent supporter of his “Drill, baby, drill” slogan throughout his re-election campaign. As the returning President, Trump promises to make good on his intent to increase domestic oil and gas production in the oil/energy sector by reforming energy permitting and increasing fracking on federal lands.
In the closing of the recent trading day, Boeing (BA) stood at $172.51, denoting a +1.01% change from the preceding trading day.
Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to detail her latest portfolio moves.
Boeing receives a $615.8 million contract for F-15 EPAWSS production from the Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, OH.
Boeing should start designing a new plane as soon as possible, a former CEO has said. Phil Condit told The Wall Street Journal that working on a new plane could boost morale.
Ron Epstein, Bank of America Securities senior aerospace analyst, joins CNBC's 'Squawk Box' to discuss Boeing's progress since its door plug blowout last year.
Transportation Secretary Pete Buttigieg shared his thoughts on Boeing. "What we really need to see is a pretty profound culture change," he told Bloomberg.
The outgoing U.S. transportation secretary said on Monday that Boeing has more to do and its efforts to improve its culture are unfinished after a door panel missing four key bolts flew off a new Alaska Airlines 737 MAX 9 in mid-air in January 2024.
Boeing stock (NYSE: BA) had a tough 2024. BA stock lost about 32% over the year, underperforming the broader S&P 500 index, which gained 23% for the year.
Boeing shares have dropped more than 31% in the year following a door panel which blew off mid-flight on a 737 Max 9 operated by Alaskan Airlines, reports CNBC's Travel Editor Monica Pitrelli.