BA Dec 2024 220.000 call
- Yahoo Finance Video
Boeing, Tesla stock reaction, small-cap portfolio: Market Domination
The market (^DJI, ^IXIC, ^GSPC) is heading into its final trading hour on Tuesday, but the headlines keep coming. Market Domination Hosts Seana Smith and Josh Lipton detail the biggest industry stories and stock movements ahead of the closing bell. Market Domination welcomes Barron's associate editor Al Root to discuss Boeing's (BA) latest legal obstacle as it faces potential charges from Department of Justice (DOJ) officials. Sanders Morris Harris chairman George Ball later joins the show to elaborate why he believes the US economy isn't a textbook case of being in a Goldilocks environment, but is actually reflective of a "Winnie the Pooh" environment. The top trending tickers on the Yahoo Finance platform this hour include Eli Lilly (LLY) and Novo Nordisk (NVO); Archer Aviation (ACHR); Paramount Global (PARA); and Nikola (NKLA). This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Boeing is stuck 'digging' itself out of the hole it created
Boeing (BA) is under fire as the Justice Department seeks to charge the company for violating the terms of a 2021 agreement regarding two 737 Max crashes. Barron's associate editor Al Root recently made a trip to a Boeing manufacturing plant and tells Josh Lipton and Seana Smith about the experience and analyzes the company's outlook. "There's more than 2 million parts in a 737, so it would be foolish to say that, 'Oh, I went to the plant and now I know the quality's improved,' but they spent a lot of time trying to carefully detail 'these are the kinds of changes we've made so something like that can never happen again,'" Root explains. He notes that Boeing doesn't have a lot of leeway to come back from the situation, saying, "They have to be perfect from this point forward... that's all part of the process of digging themselves out of this hole they built." As CEO Dave Calhoun plans to step down by the end of the year, Root ponders different successors — both internal and external candidates. "Should they have no ties to Boeing? Should they have a lot of ties to Boeing? Because it's a complex organization where you need a lot of credibility internally. There is just no good answer." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
- Bloomberg
Ex-Goldman Banker Reported to US Authorities for Junk Carbon Offsets
(Bloomberg) -- Carbon offsets developer C-Quest Capital LLC said it reported former Chief Executive Officer Kenneth Newcombe to US federal law enforcement for his role in allegedly issuing millions of environmentally worthless carbon credits.Most Read from BloombergUS Allies Allege China Is Developing Attack Drones for RussiaDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineeHurricane Beryl Roars Toward Jamaica on Destructive PathChina Can End Russia’s War in Ukraine With One Phone Ca
