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Boeing, GE and Trump's Middle East trip to remember
BABoeing(BA) Fox Business·2025-05-18 13:11

Group 1: Company Performance - Boeing shares increased by 5.6% following Qatar Airways' order of 210 widebody jets valued at 96billion[1][10]GEAerospacesharesrosenearly896 billion [1][10] - GE Aerospace shares rose nearly 8% after the same order, which includes 400 engines for Boeing's aircraft [1][10] - Boeing has gained nearly 20% this year, while General Electric shares have increased by 37% [8][9] Group 2: Analyst Sentiment - Majority of analysts are bullish on Boeing and GE Aerospace stocks, with 20 out of 29 analysts rating Boeing as a buy or strong buy [8] - GE Aerospace has a similar positive outlook, with 19 out of 21 analysts rating it as a buy or strong buy [8] Group 3: Job Creation and Economic Impact - The deal with Qatar is expected to create 400,000 jobs in the United States, as all aircraft will be built domestically [5] - The White House announced that the deal is part of a larger 1.2 trillion economic exchange agreement with Qatar [12] Group 4: Additional Contracts - Following the Qatar deal, Boeing and GE secured an additional 14.5billionfromAbuDhabisEtihadAirwaysforthe787and777X[10]TrumpsMiddleEasttripresultedinover14.5 billion from Abu Dhabi's Etihad Airways for the 787 and 777X [10] - Trump's Middle East trip resulted in over 2 trillion in deals from various allies, including significant commitments from Saudi Arabia and the UAE [11][12]