This potential aircraft order appears to be part of Beijing's bargaining chips with Washington and will likely be at the center of any trade agreement.
The annual Jackson Hole Economic Policy Symposium, a highly anticipated gathering of global central bankers, finance ministers, and leading economists, is currently underway in Wyoming. This year's symposium is particularly significant as Federal Reserve Chair Jerome Powell's final keynote address before his term concludes in May 2026 is expected to
Shares of aerospace and defense company Boeing (NYSE:BA)
jumped 3.8% in the pre-market session after the company is reportedly in talks to sell as many as 500 jets to China, its first potential major order from the country in years.
Boeing is in advanced talks with China over a potential order for up to 500 aircraft, a deal that could revive its market presence after years of stalled sales.
Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Boeing (NYSE:BA) and its peers.
Growth is a hallmark of all great companies, but the laws of gravity eventually take hold.
Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market’s punishment can be swift and severe when trajectories fall.
Shares of aerospace and defense company Boeing (NYSE:BA)
fell 3.6% in the afternoon session after investors took some profits off the table as markets awaited signals on future monetary policy from the Federal Reserve's Jackson Hole symposium later in the week. The downturn in the market was largely attributed to a significant sell-off in megacap tech and chipmaker shares. Nvidia, Advanced Micro Devices (AMD), and Broadcom all saw notable drops, dragging down the VanEck Semiconductor ETF. Other major tech-related companies like Tesla, Meta Platforms, and Netflix were also under pressure.
A key reason for this trend is that much of the recent market gains have been concentrated in the "AI trade," which includes these large technology and semiconductor companies. So this could also mean that some investors are locking in some gains ahead of more definitive feedback from the Fed.
Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
Each stock in this article is trading near its 52-week high.
These elevated prices usually indicate some degree of investor confidence, business improvements, or favorable market conditions.
Cathie Wood's recent buying activity suggests she sees national security technology as an emerging theme -- one that sits alongside more obvious artificial intelligence (AI) applications.
