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Boeing Inks Deal to Supply Up to 18 787 Dreamliners to Gulf Air
ZACKS· 2025-07-18 14:20
Group 1: Boeing's Recent Developments - Boeing signed a deal with Gulf Air to deliver 12 787 Dreamliner aircraft, with options for six additional jets, which is expected to enhance its third-quarter commercial backlog and revenue prospects [1][8] - The commercial aircraft backlog for Boeing exceeds 5,600 airplanes valued at $460 billion as of March 31, 2025, indicating strong demand for its fuel-efficient aircraft [3][8] Group 2: Market Trends and Growth Opportunities - There is a significant increase in global air passenger traffic, leading to heightened demand for fuel-efficient jets like the 787 Dreamliner, as evidenced by the recent contract with Gulf Air [2] - Boeing anticipates 43,600 new airplane deliveries, expanding the global fleet to over 49,640 aircraft by 2044, according to its 2025 Global Commercial Market Outlook report [2] Group 3: Competitors in the Aerospace Sector - Other aerospace companies such as Airbus Group and Embraer are also positioned to benefit from the growing global jet fleet, with Airbus having over 12,000 commercial aircraft in service and a long-term earnings growth rate of 4% [4][5] - Embraer, the third-largest manufacturer of commercial aircraft, has a product portfolio that includes E175-E2, E190-E2, and E195-E2, with a Zacks Consensus Estimate for 2025 sales indicating a 15.4% improvement [5] Group 4: Stock Performance - Boeing's stock has increased by 45% over the past three months, outperforming the industry growth of 26.1% [7]
Porsche develops 911 Cup race car for 2026 season launch
GlobeNewswire News Room· 2025-07-18 12:21
Atlanta., July 18, 2025 (GLOBE NEWSWIRE) -- The new Porsche 911 Cup will make its world debut this summer. The comprehensively optimized one-make cup race car based on the current 992.2 generation of the 911 has already largely completed its development phase. The 911 Cup will be used in the Porsche Mobil 1 Supercup and in selected Carrera Cup series including Porsche Carrera Cup North America from the start of the 2026 season. Since 1990, the Porsche 911 has provided the basis for the sports car manufactur ...
Rocket Companies to Announce Second Quarter 2025 Results on July 31, 2025
Prnewswire· 2025-07-17 20:05
DETROIT, July 17, 2025 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform including mortgage, real estate, title and personal finance businesses, today announced that the Company will issue its second quarter 2025 earnings on July 31, 2025. Leadership will host a conference call to discuss results at 4:30 p.m. ET on that date and a press release detailing the Company's results will be issued prior to the call.A live webcast of the eve ...
X @Bloomberg
Bloomberg· 2025-07-17 11:32
The Trump administration has blamed tariffs for a slump in ethanol shipments to Brazil. But the loss of what was once the biggest export market for US biofuel is, in part, a problem of America’s own making. https://t.co/7CYCwk0ACI ...
X @外汇交易员
外汇交易员· 2025-07-17 09:59
Tax Policy Change - China's Ministry of Finance lowered the "ultra-luxury small car consumption tax" threshold from 1300000 RMB to 900000 RMB [1] - The new policy includes pure electric vehicles and fuel cell vehicles [1] - Consumption tax is levied only at the retail stage for ultra-luxury small cars without cylinder capacity (displacement), such as pure electric and fuel cell vehicles [1] - No consumption tax is levied on the sale of used ultra-luxury small cars by taxpayers [1]
X @Bloomberg
Bloomberg· 2025-07-17 06:50
EasyJet says higher fuel costs and air traffic control strikes have weighed on profit, while predicting capacity will continue to grow, albeit at a slower pace in the second half of the fiscal year https://t.co/tCmbaoVTTm ...
Energy Fuels Stock Soars As DOE Launches Domestic Nuclear Fuel Initiative
Benzinga· 2025-07-16 20:22
The U.S. Department of Energy announced a pivotal new program to resurrect America’s nuclear fuel supply chain, a development that potentially places domestic uranium producer Energy Fuels Inc UUUU in a favorable position.What To Know: The DOE on Wednesday issued a Request for Application inviting qualified U.S. companies to build and operate nuclear fuel production lines. This initiative aims to eliminate U.S. reliance on foreign enriched uranium and fuel the nation’s advanced reactor development.Energy Fu ...
Stellantis Discontinues Hydrogen Fuel Cell Technology Development Program
GlobeNewswire News Room· 2025-07-16 06:01
Core Viewpoint - Stellantis has decided to discontinue its hydrogen fuel cell technology development program due to limited hydrogen refueling infrastructure, high capital requirements, and insufficient consumer purchasing incentives, predicting no adoption of hydrogen-powered light commercial vehicles before the end of the decade [1][3][6] Group 1: Decision Impact - The company will not launch its new range of hydrogen-powered Pro One vehicles this year, with serial production planned in Hordain, France, and Gliwice, Poland now canceled [2][6] - This decision will not affect staffing at Stellantis' production sites, and R&D activities related to hydrogen technology will be redirected to other projects [3] Group 2: Market Context - The hydrogen market is characterized as a niche segment with no mid-term economic sustainability, prompting Stellantis to focus on electric and hybrid vehicles to meet CO2 regulations in Europe [3][6] - Stellantis has initiated discussions with shareholders of Symbio to evaluate market consequences and preserve the best interests of the company [4][6]
Stellantis Discontinues Hydrogen Fuel Cell Technology Development Program
Globenewswire· 2025-07-16 06:01
Core Viewpoint - Stellantis has decided to discontinue its hydrogen fuel cell technology development program due to limited hydrogen refueling infrastructure, high capital requirements, and insufficient consumer purchasing incentives, predicting no adoption of hydrogen-powered light commercial vehicles before the end of the decade [1][3][7] Group 1: Decision Impact - The company will not launch its new range of hydrogen-powered Pro One vehicles this year, with serial production planned in Hordain, France, and Gliwice, Poland, now canceled [2][7] - This decision will not affect staffing at Stellantis' production sites, and R&D activities related to hydrogen technology will be redirected to other projects [3] Group 2: Market Context - The hydrogen market is currently viewed as a niche segment with no mid-term economic sustainability, prompting Stellantis to focus on electric and hybrid vehicles to meet CO2 regulations in Europe [3][7] - Stellantis has initiated discussions with shareholders of Symbio to evaluate market consequences and preserve the best interests of Symbio [4][7]
Energy Secretary Chris Wright on improving energy infrastructure
CNBC Television· 2025-07-15 15:27
Yeah, good morning, Sarah. Thank you very much. Got three cabinet level members here.President Trump will be arriving later today and literally trillions of dollars of net value of corporate America here in Pittsburgh at Carnegie Melon University. We're going to be here all day through the president's talk and we are pleased to kick off our coverage live with the Secretary of Energy Chris Wright. Secretary Wright, great to chat with you again.Great to be here, Brian. Uh, wow. The number went from 70 billion ...