Earnings season is ramping up as Tesla (TSLA), Netflix (NFLX), General Motors (GM), and Ford Motor Company (F), among others, report results this week. As of Oct. 17, 12% of S&P 500 companies have reported results, according to FactSet data, and analysts are expecting an 8.5% jump in earnings per share during the third quarter….
In the latest close session, GE Aerospace (GE) was up +2.45% at $300.82. This move outpaced the S&P 500’s daily gain of 0.41%. Elsewhere, the Dow gained 0.18%, while the tech-heavy Nasdaq added 0.31%. The stock of industrial conglomerate has risen by 6.7% in the past month, leading the Aerospace sector’s gain of 3.07% and…
By Allison Lampert and Aditya Kalra (Reuters) -A preliminary report into the Air India crash that killed 260 people last month showed three seconds after taking off, the plane’s engines fuel cutoff switches almost simultaneously flipped from run to cutoff, starving the engines of fuel. The Boeing 787 Dreamliner immediately began to lose thrust and…
Beijing’s reaction comes after Trump announced that he will send letters to various countries stating how much tariffs they will pay China on Friday urged the US to jointly promote “stable” economic ties as US President Donald Trump mulls sending letters to nations over his “Liberation Day” tariff. Chinese Foreign Ministry spokeswoman Mao Ning expressed…
Defense contractor stocks may help protect your portfolio from a summer of geopolitical risks. “I think using an ETF like an Invesco Aerospace & Defense (PPA) that gets you broad exposure probably makes a lot of sense here, especially when you think about this reconciliation bill that’s coming out,” Innovator ETFs chief investment strategist Tim…
The United States should keep China integrated into its aviation industry supply chains to maintain control over the country’s ability to develop, an expert told a US government advisory panel on Thursday. The recommendation was among dozens made over several hours of testimony in a US-China Economic and Security Review Commission [USCC] hearing called to…