Although Chipotle Mexican Grill has underperformed the broader market over the past year, Wall Street analysts maintain a bullish outlook on the stock’s prospects.
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May 27 (Reuters) - Boeing is increasing 737 production to 47 jets a month, up from 42, after consulting with the Federal Aviation Administration, Boeing CEO Kelly Ortberg said on Wednesday. "We're off and rolling at the 47 rate, and we should be there in the next couple months," Ortberg said at the Bernstein Annual Strategic Decisions Conference.
Spotify Technology has spent years proving it can build one of the largest music-streaming audiences in the world. Bank of America now thinks the company is entering a more important phase, where the business can turn that scale into higher revenue, stronger margins, and more ways to charge its ...
SK Hynix and Micron rally as investors bet AI-driven HBM shortages could last through 2027.
Walmart (NASDAQ: WMT) stock has dropped 11% over the past five trading days. This downturn comes right on the heels of the company's recent Q1 2027 earnings release, where, despite strong e-commerce growth and beating revenue forecasts, the stock faced immediate pressure. It is a pullback that should make investors take notice.
(Bloomberg) -- A post-IPO merger between SpaceX and Tesla Inc. is inevitable and only a question of timing, because Elon Musk will want to consolidate control across his companies, according to early SpaceX investor Peter Diamandis.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadRussia Tells US to Evacuate Its Diplomats and Citizens From Kyi
Ford shares recently traded about 3.7% higher on the day, on track for their highest close since 2022. General Motors shares are also up about 4.5%, but Ford stock in particular has been surging this year as investors look at the company's energy division as an opportunity to capitalize on the AI boom and soaring energy demand.
Boeing stock rose after CEO Kelly Ortberg gave investors some good news about an important 737 MAX milestone. The company passed its capstone review with the Federal Aviation Administration, allowing it to increase its 737 MAX production to 47 jets a month, Ortberg said at the Bernstein Strategic Decisions investor conference Wednesday. Most recently, Boeing had been making 42 MAX jets a month, after getting FAA approval to raise production in late 2025.
SpaceX's IPO could reward investors in more ways than one.
Walmart shares have pulled back, but Bank of America is telling investors the move may have created a fresh opportunity in one of retail’s biggest names. In a Bank of America note given to TheStreet, analyst Christopher Nardone reiterated a Buy rating on Walmart (WMT) while lowering the firm’s ...
Since introducing the Happy Meal in 1977, McDonald's has consistently used pop culture partnerships to drive customer traffic and remain relevant across generations. Today, McDonald's sells more than 1 billion Happy Meals worldwide each year, making the product a meaningful ...
Even before the jet fuel crisis that already led to thousands of flight cuts and dealt the final blow to Spirit Airlines, aviation has never been a particularly lucrative industry due to the prohibitive costs of both launching and staying in business. Since the start of 2026, the shares of the "big ...
“Rumble is so much more than just a video platform,” CEO Chris Pavlovski posted on X.
Investing.com -- Seaport Research Partners initiated coverage on GE Aerospace with a Buy rating and a $375 price target, arguing that recent weakness in the aerospace giant’s shares presents an attractive entry point for investors betting on a longer-lasting aviation aftermarket boom.
Investing.com -- JPMorgan upgraded FedEx to Overweight from Neutral on Wednesday, raising its price target to $460 from $432, as the bank's analysts said the stock offers an attractive opportunity ahead of a pivotal period for the logistics giant.
Moby summary of Movado Group, Inc.'s Q1 2027 earnings call
Zscaler (ZS) delivered a "decent" fiscal Q3, outperforming across most key metrics, though fiscal 20
Boston Scientific's CEO stated that the company will update its three-year plan, including targets for FY27 and FY28, after the third-quarter earnings call.
(Bloomberg) -- Powerlaw Corp., a closed-end fund that owns stakes in Elon Musk’s SpaceX and artificial intelligence firm OpenAI, traded well above the value of its underlying investments in its debut on Wednesday, capitalizing on retail investors’ clamor for exposure to the hottest private tech companies.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Deta
Moby summary of Dycom Industries, Inc.'s Q1 2027 earnings call
Intel has been on fire lately. In the past six months alone, the company’s stock price has rocketed 203%, reaching $123.10 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Find insight on Volvo Car, Ferrari, Stellantis and more in the latest Market Talks covering Auto and Transport.
The company’s unionized workers have approved a tentative bonus-pay deal reached last week with the company, averting a strike at the world’s largest memory-chip maker.
Find insight on Bank of Montreal, Bank of Nova Scotia and more in the latest Market Talks covering Financial Services.
By Alvise Armellini and Giulio Piovaccari ROME, May 27 (Reuters) - If Ferrari wanted to grab the world's attention with the Luce, its first all-electric car, mission accomplished - even if much of the
Broadcom stock is biding time in a buy zone of a cup base ahead of the next earnings report, due soon. Analysts expect bolstered sales and profit growth, making it Wednesday's IBD 50 Growth Stocks To Watch pick. Broadcom pulled back during Wednesday's session after earlier gains.
By Twesha Dikshit and Utkarsh Hathi May 27 (Reuters) - The S&P 500 and the Nasdaq were muted on Wednesday in choppy trading, as investors remained cautious while awaiting progress in Middle East talks
It has become a pattern. A public company lays off employees and says it has found new efficiencies due to AI. Its stock trades higher immediately. This happened yesterday. The job loss count was modest. Groupon (NASDAQ: GRPN) cut 400 people, but the cut was high relative to its overall employee count. It employs a ... Another Company Trades AI Layoffs For Stock Price
Abercrombie & Fitch (NYSE:ANF) shares rose about 12% after the company reported first-quarter results that beat profit expectations, while revenue slightly missed and comparable sales declined. For the quarter ended May 2, the company posted adjusted earnings of $1.47 per share, above...
Modine Manufacturing (NYSE:MOD) executives said the company closed fiscal 2026 with another record year for revenue and adjusted EBITDA, driven by rapid growth in data center cooling and the continuing reshaping of its portfolio toward higher-growth businesses. President and Chief Executive Officer