波音首席财务官杰伊·马拉夫（Jay Malave）此前曾表示，波音工厂产能节奏的稳步改善、未交付飞机库 存减少，以及防务部门盈利能力提升和服务业务的稳步增长，将带动波音公司持续复苏，预计将在2026 年恢复现金流创造能力。分析师预测，波音2026年有望创造24.6亿美元自由现金流。 本文源自：经济日报 2024年1月，波音遭遇了门塞掉落事故，此后更是遭遇了接连不断的危机，包括多项监管调查、临时停 飞以及一次全面的管理层整顿。事故发生后的15个月里，波音股价暴跌45%。 波音公司近期发布的数据显示，2025年全年该公司共获得商用飞机订单1173架，自2018年以来首次超越 其竞争对手欧洲空客公司。同期，波音全年累计交付600架商用飞机。尽管在飞机交付总量上仍落后于 空客，波音在年末订单上的表现显示出其在早期生产中断后逐步复苏的积极态势。 美国波音公司股价本周二上涨0.5%，收于249美元，完成了一次"深V"反转。分析人士认为，股价反转 表明投资者对波音公司的复苏越来越有信心。波音公司预计将于2026年实现7年来的首次年度盈利。 ...

Core Viewpoint - Luckin Coffee is preparing to return to the US stock market nearly five years after being delisted due to a financial fraud scandal, with a focus on business operations and strategic execution [1][3][4] Group 1: Company Recovery and Market Position - Luckin Coffee was involved in a $310 million revenue fraud scandal in 2020, leading to its delisting from NASDAQ and a subsequent fine of approximately $180 million [4] - With the support of major investor Centurium Capital, Luckin has recovered and surpassed Starbucks to become the largest coffee retailer in China [4] - The company has opened five stores in New York, all located in Manhattan's core area, as part of its accelerated expansion into the US market [4] Group 2: Financial Performance - In the second quarter of 2025, Luckin Coffee reported total net revenue of 12.359 billion RMB, a year-on-year increase of 47.1% [4] - The company's GAAP operating profit increased by 61.8% year-on-year, reaching 1.7 billion RMB, with an operating profit margin of 13.8% [4] - The same-store sales growth rate surged to 13.4% in the second quarter, a significant recovery from the -20.9% experienced in the same period last year [4]

Company Overview - Nike (NYSE:NKE) experienced gains in postmarket trading, indicating positive momentum in its recovery efforts [4]. Earnings Conference Insights - During the earnings conference call, CEO Elliott Hill highlighted early successes for the Nike, Jordan, and Converse brands, suggesting a positive trajectory for the company [4].

Core Viewpoint - Boeing has shown clear signs of recovery with a significant reduction in quarterly losses and a notable increase in sales revenue, following a series of positive developments over recent months [1] Financial Performance - Boeing's Q2 revenue reached $22.749 billion, up 35% from $16.866 billion in the same period last year [2] - The net loss for Q2 was $612 million, a significant improvement from a net loss of $1.439 billion in the previous year [2] - Operating cash flow improved to $227 million, compared to a negative cash flow of $3.923 billion in the same quarter last year [2] Business Operations - The commercial airplane division's revenue increased by 81% year-over-year to $10.87 billion, with an operating margin improvement to -5.1% [3] - Boeing delivered 150 aircraft in Q2, the highest number since 2018, which was also the last year the company reported a profit [4] - The production rate of the 737 Max has been increased to 38 units per month, with plans to seek FAA approval for further increases [3] Challenges and Outlook - Boeing faces potential delays in the certification of the 737 Max 7 and Max 10 models, which may push completion to 2026 [4] - The defense sector has been under scrutiny, with potential labor strikes looming as 3,200 employees voted against a new labor contract [4] - Boeing's defense and aerospace revenue grew by 10% to $6.6 billion, while service revenue increased by 8% to $5.3 billion [4]

Core Viewpoint - Morgan Stanley has upgraded Nike's stock rating from "Neutral" to "Overweight" and raised the target price from $64 to $93, driven by optimistic expectations regarding the company's recovery and the upcoming World Cup in North America in 2026 [1][2]. Group 1: Stock Performance - Nike's stock rose by 3.89% on Monday, closing at $79.24, marking the highest closing price since late February [2][4]. - Since the announcement of the fourth-quarter results on June 26, the stock has increased by over 25%, and it has surged 47.1% from an eight-year low reached on April 8 [2][4]. Group 2: Future Growth Expectations - Analyst Matthew Boss anticipates a "five-fold multi-year recovery path" for Nike, projecting earnings per share growth of high teens to 20% over the next five years [2][4]. - The 2026 World Cup is expected to act as a sales catalyst, with plans to expand performance product lines, particularly in running and global footwear [4][5]. Group 3: Profitability and Inventory Management - Boss predicts that Nike's operating profit margin will recover by approximately 5 percentage points between 2026 and 2028, reaching a level above the anticipated 5.3% for the fiscal year 2026 [5]. - There is potential for an additional 2% to 3% increase in profit margins post-2028, aiming to return to pre-pandemic levels of 12% to 13% [5]. - The management views inventory growth relative to sales growth as a key performance indicator for assessing global inventory health [5].

Core Viewpoint - The President of Emirates Airlines expressed a cautiously optimistic outlook from Boeing's management regarding its recovery [1] Group 1 - Emirates Airlines' President highlighted Boeing's management's positive sentiment towards the company's recovery efforts [1]