Boeing stock gained as the company continues its operational turnaround under CEO Kelly Ortberg, but reports of China's potential order for 200-500 Airbus jets highlight the ongoing challenges.
The Trump administration is reportedly planning to relax regulations that require companies to disclose executive perks such as private jet use and bodyguard services.
The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability.
But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.
After delivering its strongest monthly performance since November 2023, Wall Street entered June on a cautious note, with mounting geopolitical tensions and new trade tariffs clouding investor appetite for risk assets.
According to a Wall Street Journal report, Meta’s new AI ad system will let brands submit a product image and budget, then generate the full ad and target the ideal audience on Facebook and Instagram.
According to TheFly, Wells Fargo analyst Mike Mayo stated that Citi is on the cusp of transitioning from value destruction to value creation, noting that the stock should rise above its tangible book value.
Bank of America pointed to Boeing’s recent international deals, including agreements in the U.K., Qatar, the U.A.E., and China, as evidence that the company is playing a central role in global trade diplomacy.
CEO Kelly Ortberg told the Financial Times that Boeing was not in a financial position to invest in a new plane, and the market is not prepared either.
