Boeing Stock Surges on Japan Airlines Order, CFO Comments on Tariffs, Cash Burn
Boeing shares jumped Wednesday after Japan Airlines announced that it has ordered 17 new 737-8 aircraft from the plane maker.
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Why Robinhood (HOOD) Stock Is Trading Up Today
Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 5.7% in the morning session after Compass Point initiated coverage of the stock and assigned a Buy rating with a $61 price target. The target price implied a potential 45% upside from where shares traded before the coverage was initiated. The firm added "We initiate coverage on HOOD with a Buy rating and $61 PT. We see Robinhood increasing ARPUs for its 12m crypto users alongside an improving U.S. regulatory environment."
Why Tesla (TSLA) Stock Is Trading Up Today
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 4.2% in the pre-market session after Cantor Fitzgerald analysts upgraded the stock from Neutral to Buy. The analysts added, "With Tesla's shares now down ~45% YTD, we upgrade Tesla to Overweight (from Neutral) ahead of upcoming material catalysts; Our $425 12-month PT is unchanged."
Why Boeing (BA) Stock Is Trading Up Today
Shares of aerospace and defense company Boeing (NYSE:BA) jumped 7% in the morning session after CFO Brian West provided constructive updates about the company's financial position at an investor conference. He added that the business was "broadly tracking to expectations" with the March 2025 delivery of 787 jets similar to the previous month. These updates suggested that the company's operations may be stabilizing.
Why Williams-Sonoma (WSM) Stock Is Trading Lower Today
Shares of kitchenware and home goods retailer Williams-Sonoma (NYSE:WSM) fell 12.1% in the morning session after the company reported weak fourth-quarter 2024 results as it initiated full-year 2025 guidance which was less exciting. Guidance called for flat sales growth year-on-year and operating margins fell below expectations.
Bitcoin is at its lowest price since November. Here’s what analysts say about buying the dip
The original cryptocurrency is down 30% from January highs because of Trump’s tariffs and inflation fears.
Solana ETFs Are Coming to Wall Street in Latest Crypto Push
(Bloomberg) -- An upstart ETF firm is debuting the first-ever funds tracking futures in Solana, the sixth-largest cryptocurrency, after the blockbuster success of Bitcoin products.Most Read from BloombergDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Plans for Flood Protection Without Federal FundsThe Scary Thing About the Wildfire That Was StoppedA Malibu Model for Residents on the Fire FrontlinesFlorida-based Vo