Markets

Boeing Stock Surges On Report of 787 Dreamliner Order By United

Boeing (BA) – Get Free Report Shares lurched higher Friday following a report that suggested United Airlines (UAL) – Get Free Report is close to making a deal for dozens of the planemaker’s trouble 787 Dreamliner. The Wall Street Journal reported that United could confirm the purchase as early as this month, noting the multi-billion …

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Zscaler, Marvell, DoorDash and more

Zscaler rings the opening bell at the Nasdaq exchange in New York, March 16, 2018. Source: Nasdaq Check out the companies making headlines in midday trading. Zscaler – The cloud security company’s shares dipped 11% following its quarterly earnings report, despite Zscaler posting strong results. Earnings and revenue were stronger than analysts’ expectations. The company …

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Astra chief engineer Benjamin Lyon resigns from rocket builder

Benjamin Lyon, chief engineer and executive vice president of engineering and operations Astra Beleaguered rocket builder Astra is losing its highly touted chief engineer, Benjamin Lyon, the company disclosed in a securities filing Friday. Lyon resigned from his role as Astra’s chief engineer and executive vice president of operations and engineering on Monday, the company …

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Astra chief engineer Benjamin Lyon resigns from rocket builder

Benjamin Lyon, chief engineer and executive vice president of engineering and operations Astra Beleaguered rocket builder Astra is losing its highly touted chief engineer, Benjamin Lyon, the company said in a securities filing Friday. Lyon resigned from his role as Astra’s chief engineer and executive vice president of operations and engineering on Monday, the company …

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Marvell Technology, Horizon Therapeutics, DoorDash and more

Marvell Technology Group Source: marvell.com Check out the companies making headlines before the bell: Marvell Technology (MRVL) – The chip maker’s stock slid 4.9% in the premarket after quarterly sales and profit fell short of Wall Street estimates. Marvell also issued a weaker than expected outlook. Inventory cuts by its customers are hurting results, he …

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FCC authorizes SpaceX Gen2 Starlink: Up to 7,500 satellites

A batch of Starlink satellites is deployed in orbit after a launch on Nov. 13, 2021. SpaceX The Federal Communications Commission issued a key authorization to Elon Musk’s SpaceX on Thursday, granting approval for the company to move forward with launching up to 7,500 next-generation satellites in its Starlink internet network. “Our action will allow …

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South Korea inflation, US jobs report, China Covid-zero

India poised to become the third largest economy by 2030 India is projected to overtake Japan and Germany to become the world’s third-largest economy, S&P Global and Morgan Stanley forecast in a report. S&P’s prediction is premised upon the projection that India’s annual nominal GDP growth will average 6.3% through 2030. Similarly, Morgan Stanley estimates …

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Jim Cramer says he likes these 3 restaurant stocks

CNBC’s Jim Cramer on Thursday offered investors a list of his favorite stocks in the restaurant industry that he believes will do well as the economy eventually stabilizes. “Maybe the economy’s normalizing here, or at least the Fed chief thinks it could be soon to normalize. And in a normal environment, stock picking is much …

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Powell’s inflation remarks a ‘green light’ to stay in stocks

CNBC’s Jim Cramer on Thursday said Federal Reserve Chair Jerome Powell’s inflation remarks the day before confirmed that inventors shouldn’t exit the market over recession fears. “Unless the super hawkish Fed heads who want to raise short rates to 5% to 7% are silenced, we must be ready with a quarter of one foot out …

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S&P 500 futures fall slightly as investors wait Friday’s US jobs data

S&P 500 futures were slightly lower Thursday night as investors looked ahead to the November jobs report. Futures tied to the benchmark stock index dipped 0.15%. Dow Jones Industrial Average futures were lower by 0.15% and the Nasdaq 100 futures fell 0.25%. Shares of tech companies were on the move in after-hours trading following quarterly …

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