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Delta is replacing power units on more than 300 Airbus jets in an effort to keep toxic fumes from leaking into aircraft. WSJ reported a surge in such events, some of which led to brain injuries. https://t.co/bXBAWy40Sn ...
Wall Street Rebounds as Inflation Data Aligns with Expectations; Tech and Pharma Lead Gains
Stock Market News· 2025-09-26 18:07
Market Overview - U.S. equities are rebounding strongly as investors react positively to the August Personal Consumption Expenditures (PCE) inflation report, which met expectations and alleviated concerns about the Federal Reserve's monetary policy [1][3] - Major U.S. stock indexes are in positive territory, with the Dow Jones Industrial Average up 0.8% to 46,316 points, the S&P 500 climbing 0.5% to 6,641, and the Nasdaq Composite increasing 0.3% to 22,455 [2] Economic Indicators - The August PCE inflation report showed consumer prices rose 2.7% year-over-year, slightly up from July's 2.6%, while core PCE inflation remained at 2.9% [3] - The University of Michigan's Consumer Sentiment survey for August was at 55.1, slightly below expectations, but consumer spending rose 0.6% in August, exceeding forecasts [4] Upcoming Events - The upcoming U.S. employment report is anticipated, with nonfarm payrolls expected to rise by 39,000 in September and the unemployment rate forecast to remain at 4.3% [5] - Other important economic indicators include worldwide manufacturing PMI surveys and Eurozone inflation numbers [6] Corporate Earnings - Several S&P 500 companies are set to report quarterly results, including Carnival, Lamb Weston Holdings, and Nike [7] - BlackBerry reported earnings of $0.04 per share, leading to an 8.8% stock increase, while CarMax saw a significant decline of 20.1% after missing earnings estimates [13] Sector Performance - Intel shares surged 6% today, continuing a strong performance with over 20% gains since Monday, partly due to acquisition discussions with Apple [8] - Boeing's stock rose 4.4% after the FAA allowed the company to sign off on its own planes again [10] - The pharmaceutical sector is performing well, with stocks like Eli Lilly and Pfizer nudging higher following a new tariff plan for drugmakers [14] Market Themes - The tech sector is experiencing significant growth driven by artificial intelligence, while consumer-facing sectors are struggling with high interest rates, indicating a "two-speed economy" [15] - In the cryptocurrency market, Bitcoin fell below $110,000, marking a decline of over 5% for the week [16]
Turkish Airlines plans huge Boeing purchase, following President Erdoğan's meeting with Trump
Fastcompany· 2025-09-26 17:51
Core Insights - Turkish Airlines plans to add 225 Boeing aircraft to its fleet, indicating a significant expansion strategy for the airline [1] Company Summary - The announcement was made in a declaration to the Istanbul Stock Exchange, highlighting the airline's commitment to enhancing its operational capacity [1] - This fleet expansion is expected to strengthen Turkish Airlines' position in the competitive aviation market [1] Industry Summary - The addition of new aircraft aligns with the broader trend in the aviation industry where airlines are investing in fleet modernization to improve efficiency and service [1] - The move may also reflect a recovery in air travel demand post-pandemic, as airlines look to capitalize on increasing passenger numbers [1]
Boeing Shares Are Surging. Here's Why
Investopedia· 2025-09-26 17:30
Core Insights - Boeing shares have increased by approximately 25% this year, reflecting positive market sentiment following regulatory changes [1][4]. Regulatory Changes - The FAA has confirmed it will ease restrictions on certain Boeing jets, including the 737 Max and 787 Dreamliner, allowing for faster production and delivery [1][6]. - Boeing will regain the authority to conduct final safety checks on some of its 737 Max and 787 jets, which had been restricted since 2019 and 2022 respectively due to safety concerns [2][3]. Production Capacity - The FAA is expected to allow Boeing to increase its 737 Max production cap from 38 to 42 planes per month, although this has not been officially confirmed [5][8]. - The easing of restrictions is seen as a sign of the FAA's growing confidence in Boeing's production quality, which had been under scrutiny [3][4]. Recent Developments - Boeing has secured deals to sell up to 22 787 Dreamliners to Uzbekistan Airways and up to 75 Dreamliners to Turkish Airlines, indicating a rebound in demand [8].
FAA to ease restrictions on Boeing aircraft deliveries
CNBC Television· 2025-09-26 17:18
And we have confirmation from the FAA announcing that it is giving limited delegation authority back to Boeing so that it can issue airworthiness certificates for new 737 and new 787s. Now, we say limited because it will still be doing some of the airworthiness certification inspections every other week. So, starting next week, they're going to be alternating. Boeing and the FAA will be alternating one week. The FAA inspectors will be issuing airworthiness certificates. The next week it will be Boeing. This ...
Cramer says ‘buy Boeing stock' on reports FAA easing aircraft delivery rules
Invezz· 2025-09-26 15:15
Famed investor Jim Cramer recommended all members of his "Investing Club†to buy Boeing Co (NYSE: BA) shares following reports the FAA is easing delivery restrictions on its aircraft. BA stock is push... ...
Boeing Defense, Space & Security Partners With Palantir Technologies Inc. (PLTR) For AI Adoption
Yahoo Finance· 2025-09-26 14:45
Group 1 - Palantir Technologies Inc. is partnering with Boeing to integrate AI systems and software in Boeing's defense and space units [1][2] - The collaboration aims to standardize data analytics across Boeing's production lines and provide AI expertise for classified military projects [2][3] - Boeing will utilize Palantir's Foundry platform to unify complex systems through an intuitive user interface, enhancing production and innovation for defense programs [3] Group 2 - Following the announcement of the partnership, Palantir's shares increased by 2%, with a year-to-date gain of 137% in 2025 [3]
Aug PCE inflation data matches estimates, how Trump's new tariffs could impact markets and business
Youtube· 2025-09-26 14:43
Group 1: Tariff Impacts - President Trump has announced new tariffs on pharmaceuticals, furniture, and heavy trucks, with rates of 50% on kitchen cabinets and 30% on upholstered furniture set to take effect next week [1][7][10] - Pharmaceutical companies can avoid tariffs if they invest in manufacturing plants in the U.S., with an estimated total investment of $350 billion announced recently [2][9] - The furniture industry is facing pressure due to reliance on foreign imports, while U.S.-based manufacturers like Ethan Allen may benefit from the new tariffs [13][14] Group 2: Market Reactions - Stock futures showed mixed reactions, with some pharmaceutical stocks rising due to investments in U.S. manufacturing, while furniture stocks like William Sonoma faced pressure [12][13] - The Dow is indicating a gain of about 0.5%, while the S&P and NASDAQ show smaller increases, reflecting investor sentiment amid tariff announcements [6][16] - The market is reacting cautiously to the tariff news, with skepticism about the full implementation of these tariffs affecting stock performance [17][18] Group 3: Economic Indicators - The PCE index, the Fed's preferred inflation gauge, came in at 0.3%, with consumer income and spending rising more than expected, indicating economic resilience [3][22] - Core PCE inflation is at 2.9% year-over-year, aligning with expectations and suggesting that inflation is not significantly increasing despite tariff impacts [22][24] - The Federal Reserve is expected to consider rate cuts in October and December, influenced by the current economic data and inflation outlook [28][29] Group 4: Company-Specific Developments - Costco reported fourth-quarter results with sales and earnings exceeding estimates, but shares fell due to same-store sales slightly missing expectations [33] - Oakllo's stock is declining after Goldman Sachs initiated coverage at neutral, citing risks as the company has yet to apply for permits for its first nuclear power plant [34] - Boeing shares are rising as the FAA plans to ease restrictions on inspections and deliveries of the 737 Max, allowing for increased production [35]
Honeywell International Inc. (HON) Raises $600M for Quantum Arm Quantinuum at $10B Valuation
Yahoo Finance· 2025-09-26 14:26
Core Insights - Honeywell International Inc. is focusing on high-growth sectors and has made significant developments in September 2025 [1] - The company raised $600 million for its quantum computing subsidiary, Quantinuum, which is valued at $10 billion pre-money [2] - Honeywell is also proceeding with the spin-off of its Solstice Advanced Materials business as part of a broader restructuring strategy [3] Financial Performance - Despite a modest stock dip over the past month, Honeywell has achieved a 47.4% gain over the past five years [4] - Analysts project an annual revenue growth of around 4.6%, driven by expansion into LNG, data centers, and industrial automation [4] - Operational efficiencies and share buybacks are expected to support long-term earnings growth [4]
MDA SPACE NAMED ONE OF CANADA'S TOP GROWING COMPANIES FOR SECOND CONSECUTIVE YEAR
Prnewswire· 2025-09-26 13:46
Accessibility StatementSkip Navigation BRAMPTON, ON, Sept. 26, 2025 /PRNewswire/ - MDA Space Ltd. (TSX: MDA), a trusted mission partner to the rapidly expanding global space industry, today announced it has been named one of Canada's Top Growing Companies by The Globe and Mail's Report on Business for the second consecutive year. The prestigious ranking recognizes Canadian companies with outstanding three-year revenue growth, celebrating entrepreneurial achievement and business excellence. MDA Space earn ...