Boeing posts wider loss than expected as Air Force One costs weigh on results
Boeing reported a wider-than-expected second-quarter loss as costs from its delayed Air Force One program mounted, though the planemaker increased production and revenue.
Boeing reported a wider-than-expected second-quarter loss as costs from its delayed Air Force One program mounted, though the planemaker increased production and revenue.
Alphabet’s announcement of increased capital expenditure sparked a market selloff, with investors now scrutinizing whether massive infrastructure spending by tech giants will deliver adequate returns.
Fast-fashion retailer Shein disclosed in Hong Kong IPO documents that it faces an ongoing Federal Trade Commission investigation, though the company did not specify the probe’s subject matter.
Ford raised its 2026 earnings forecast after beating second-quarter expectations, citing operational improvements and resilient pricing. The company expects adjusted earnings before interest and taxes of $10 billion to $11 billion.
Fed Chair Kevin Warsh leads his second policy meeting amid market uncertainty over whether the central bank will hold rates steady or implement a 25 basis point increase.
The 30-year Treasury yield closed above 5% for 14 consecutive sessions through Friday, marking its longest stretch above that level since July 2007, signaling potential shifts in bond and stock market dynamics.