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Warren Buffett Has Missed 2 US Stock Market Crashes
Due to Warren Buffett’s reluctance to part with Berkshire Hathaway’s cash, the stock has been underperforming the S&P 500.
Jim Simons’ Renaissance Technologies Is Bearish on TSLA
On May 14, Jim Simons’ Renaissance Technologies filed its 13F for the first quarter of 2020. The hedge fund reduced its holdings in Tesla.
3M Stock: Analysts Raise Target Price after Q1 Results
Today, several analysts raised their target price for 3M (NYSE:MMM) stock. The company reported better-than-anticipated first-quarter results on April 28.
Caterpillar Reports Weak Q1 Performance, Withdraws Guidance
Today, Caterpillar reported its first-quarter earnings results. For the quarter, the company reported an adjusted EPS of $1.60 on revenues of $10.64 billion.
How Does Warren Buffett Perform when US Stocks Fall?
Warren Buffett lagged the stock market returns last year by a wide margin. Meanwhile, he tends to outperform the S&P 500 during falling markets.
Unusual Options Activity in TSLA and GE
Let’s look at two stocks with unusual options activity: Tesla and GE. During Q4, Tesla delivered 92,550 Model 3 vehicles and 19,450 Model S and X cars.
Spirit AeroSystems to Halt 737 MAX Deliveries to Boeing
Spirit AeroSystems (SPR) stock fell 1% on December 20. The company announced that it will stop all 737 MAX deliveries to Boeing (BA) starting on January 1.
What the Boeing 737 MAX 8 Production Halt Means
Yesterday, Boeing announced that it would halt the production of the troubled Boeing 737 MAX 8 aircraft starting next month.
Boeing Supplier Stocks Fall on MAX Production Cut News
Boeing (BA) and part supplier stocks fell sharply yesterday on reports of a temporary production halt for 737 MAX planes.
General Electric Options Traders Betting on a Bullish Jump
General Electric stock has returned 0.2% over the past month, outperforming the US industrials industry. The industry returned -1.1% at the same time.
3M Stock in the Red Even after Drug Delivery Divestment
Yesterday, 3M stock closed lower despite the company announcing it was selling most of its drug delivery segment to Altaris Capital Partners LLP.
GE Stock Upgraded by UBS with a ‘Buy,’ $14 Price Target
Markus Mittermaier, a new analyst at UBS, gave GE stock a “buy” rating yesterday. Previously, UBS offered a “neutral” rating on the stock.
Boeing 737 NG: FAA Fine Might Drive Customers Away
The FAA said that Boeing knowingly certified 133 units of its 737 NG aircraft even though they were installed with faulty parts.
Warren Buffett Has Loads of Cash and No Takers
Berkshire Hathaway’s huge cash pile might stay in place for a while. Warren Buffett was outbid by Apollo Global Management in his efforts to buy Tech Data.
Boeing 777X versus Airbus A350: War Heats Up
Lately, the Boeing 777X (BA) has made headlines for the wrong reasons. Airbus might be winning the war against Boeing on more than one battlefield.
Why Tesla Is a ‘Must-Own’ as per Piper Jaffray
While many analysts wonder whether Tesla stock is overbought at its current levels, some are turning even more optimistic.
Boeing 777X: More Delays, New Test Details Emerge
On Wednesday, The Seattle Times reported new details about the Boeing 777X stress test in September. The results could delay the 777X’s first flight.
Boeing 797: Which Airlines Want It and Why?
For Boeing, most of 2019 has been about the 737 MAX. It’s curbed the decision about whether to build its 797 model until the 737 MAX crisis is resolved.
Will the New GE CFO Achieve Larry Culp’s Goals?
Today, GE announced that Carolina Dybeck Happe will take charge as chief financial officer or CFO at GE, replacing from Jamie Miller early next year.
Get Real: Breaking Down and Bouncing Back
In this morning’s edition of Get Real, we saw that WeWork’s layoffs are taking a toll. Meanwhile, the cannabis industry could be bouncing back.
Uber Stock: CEO Buys, 25 of 38 Analysts Recommend It
Uber stock, which lost 15% in the first half of the month, gained 9% in the last three trading sessions, adding over $3.5 billion in investor wealth.
Where Stanley Druckenmiller Is Bullish
Last week, Duquesne Family Office, managed by Stanley Druckenmiller, filed its Q3 13F with the SEC. We’ll look at the fund’s top holdings, buys, and sells.
Will Boeing 787’s Resurgence Help GE Win Big?
In a big break for Boeing (BA), Emirates has decided to order 30 787-9 Dreamliners as part of its revamp. The order is valued at about $9 billion.
Get Real: Is Unrest Sweeping the Markets?
In today’s Get Real, we took a closer look at Uber’s trouble and an unexpected boost for Canopy Growth while markets react to more unrest.
Boeing Gets Order Boost for Troubled 787 Dreamliner
This morning, Boeing (BA) received a major boost for its troubled 787 Dreamliner, whose order backlog has depleted rapidly.
GE Stock: Has the Market Overpriced Culp’s Charisma?
GE stock has been on the rise since its third-quarter earnings results on October 30. Between October 30 and November 19, the stock gained 26.8%.
Boeing Needs to Redesign Thousands of 737NG Parts
The NTSB (National Transportation Safety Board) requested Boeing (BA) redesign an engine part of its 737NG (Next Generation) aircraft.
Boeing or Airbus: Who Stole the Dubai Air Show Day 2?
The second day of the Dubai Air Show was quite eventful. Boeing and Airbus were both vying for new contracts, but Airbus stole the spotlight.
Trump Extends Huawei Reprieve: Impact on Stocks
The Trump administration has reportedly agreed to extend Huawei’s license, enabling it to continue its business with US companies for another 90 days.
US Economy: Autos Aren’t All That’s Dragging It Down
The Fed has released industrial production and capacity utilization data for October. Economic output fell 80 basis points, the largest fall in 17 months.
Boeing Proposes Alternative to Qantas amid 777X Delays
Reportedly, Boeing (BA) has provided a temporary solution to Australia-based Qantas Airways’ ultra-long-range aircraft requirements.
Boeing Drops Robotic Assembly for 777 Fuselage
Boeing (BA) has decided to lower its dependency on robots for assembling its 777 aircraft’s fuselage section due to reliability issues.
IS GE Stock Overvalued after Post-Earnings Bounce?
General Electric stock (GE) has been having a great time since the company’s Q3 earnings, but are analysts overvaluing GE?
Boeing Loses Huge Aircraft Order to Airbus
Boeing has reportedly lost a huge aircraft order to Airbus. According to Reuters, GE Capital Aviation Services has ordered 25 Airbus planes.
GE Stock Gains on Rolls-Royce Trent 1000 Engine Woes
General Electric (GE) stock rose 2.5% yesterday as rival Rolls-Royce’s problems with Boeing (BA) 787 Dreamliner engines have continued.
Boeing: First the 737 MAX, Now More Problems
While Boeing stock has recovered 4.2% this month thanks to assertions of the 737 MAX’s comeback, it has fallen 16.2% since March 10.
Boeing 787: Trouble Due to Whistleblower’s Claims?
A whistleblower’s new allegations could mean more trouble for Boeing’s 787 Dreamliner program. The latest revelations could make Boeing’s problems worse.
US and China PMIs Diverge: What’s Really Happening?
The Institute for Supply Management reported the US manufacturing PMI figure today. The index increased to 48.3 in October 2019.
The Boeing 737 Curse: Qantas Grounds Three 737NGs
Australia’s Qantas Airways has completed the inspection of its 33 Boeing 737NG (Next Generation) planes and has grounded three of them.
Could Earnings and Culp Continue to Boost GE Stock?
The third quarter was tough for multinational conglomerate General Electric (GE). Between July 1 and September 30, GE stock lost 15% of its value.
Is GE Stock Overbought after Q3 Earnings?
General Electric (GE) stock is rocketing during today’s trading session after third-quarter earnings. But is a longer-term surge in the cards?
Get Real: Warren Buffett’s Next Elephant
In today’s Get Real, we saw that California Governor Gavin Newsom has ideas about Warren Buffett’s next elephant. Plus, earnings takeaways, the Fed, oil risk, and more.
GE Earnings: Positive Surprise, Higher Guidance, Stock Surges
GE’s earnings boosted its stock in the pre-market. At 7:19 AM ET, the stock rose 5.1%. The incremental progress is seen as an endorsement to CEO Larry Culp.
Could PG&E Be Warren Buffett’s Next Elephant?
Last week, in an interview, California Governor Gavin Newsom proposed that Warren Buffett bid for PG&E Corporation (PCG).
GE’s Earnings: Will Culp’s Company Surprise Analysts?
GE plans to report its Q3 earnings tomorrow before the market opens. The market will be watching for signs of transformation under CEO Larry Culp.
Jim Cramer Bullish on Honeywell, Weighs In on Spin-Offs
On Friday, Jim Cramer said Honeywell was “a very smart company” for spinning off Garrett Motion (GTX) and Resideo Technology (REZI).
Dow Jones Death Cross Risk Is Highest Since April
In the week that ended on October 25, the Dow Jones Industrial Average Index rose 0.7%. It was the highest weekly gain since October 11.
Mike Wilson: Don’t Expect a Breakout in the S&P 500
Yesterday, Mike Wilson said in an interview with CNBC, “Risk reward still not great.” Morgan Stanley’s chief strategist is expecting a recession.
3M Earnings: Q3 Revenue Miss, Lower 2019 Guidance
Industrials bellwether 3M (MMM) reported its Q3 earnings today—missing its revenue game and lowering its 2019 aim. CEO Mike Roman weighed in.
Cramer Weighs In on Boeing and Caterpillar Earnings
Yesterday, CNBC’s ‘Mad Money’ host, Jim Cramer, weighed in on Caterpillar and Boeing third-quarter earnings and the stock market reaction.
Why Boeing Didn’t Disappoint despite Q3 Earnings Miss
Boeing (BA) delivered mixed third-quarter results. The company’s revenues beat analysts’ expectations. However, Boeing’s earnings missed the estimates.
Caterpillar: Lower Q3 Results, Earnings Guidance Fell
Caterpillar reported its third-quarter earnings today. The company’s revenues fell to $12.8 billion—a 6% fall compared to the same quarter in 2018.
UTX’s Q3 Earnings Exceed Estimates, Outlook Raised
United Technologies (UTX) reported its Q3 earnings today before the market opened. UTX’s revenues of $19.5 billion beat the expectation of $19.39 billion.
Lockheed Beats Q3 Estimates, Falls on 2020 Guidance
Lockheed Martin released its third-quarter earnings results today. The company reported revenue of $15.2 billion in the quarter, a 6% year-over-year rise.
Earnings Preview: Boeing, Caterpillar, 3M, GE, and More
Honeywell kicked off industrials earnings season, beating estimates. With Boeing, Caterpillar, 3M, GE, and more reporting soon, here’s what to expect.
Renaissance Technologies: Top Investments
Renaissance Technologies had a strong investment in the healthcare sector in Q2 2019. The healthcare sector makes up 18.16% of the firm’s total portfolio.
After Boeing, GM Strike Disrupts Trump’s MAGA Plans
The GM strike hurt US manufacturing for September while earlier this month, Boeing’s orders fell. Now Trump’s 2020 campaign could take a hit.
General Electric Stock: Be Careful, Investors
Some traders are actively betting that General Electric stock (GE) will fall in the coming weeks. Here’s why caution is warranted.
Berkshire Hathaway: Will Bank of America Be Like Apple?
Berkshire Hathaway approached the Fed to increase its stake in Bank of America. The company added more Bank of America shares in the second quarter.
Boeing: Why Its Q3 Earnings Might Not Help Its Stock
Boeing (BA) stock has fallen significantly since March 10, and we don’t expect its third-quarter earnings to help it rebound. Here’s why.
Is the Boeing 777X Launch Likely to Delay Further?
Boeing aims to launch its ultra-wide-body long-range 777X jet next year. However, launch customer Emirates suspects this might not be possible.
How Bank of America Became Buffett’s Berkshire Jewel
In 2011, Warren Buffett invested $5 billion in Bank of America (BAC). BAC is now Berkshire Hathaway’s second-largest holding and is worth about $27 billion.
Can GE Survive More Rate Cuts and a Recession?
GE is in the middle of a transformation under its CEO, who recently completed a year at the helm and is focusing on getting the company back to its glory.
GE Joins Boeing in Pension Freeze, Stock Falls
On October 7, GE (GE) announced a freeze on the pensions of 20,000 full-time employees to meet regulatory and financial targets.
Trian Fund: GE Drowned But PG Saved
The prominent hedge fund manager Nelson Peltz is the founder and CEO of Trian Fund Management. He has opinions on PG and GE.
BofA and Credit Suisse Differ on Equity Market
On October 1, Credit Suisse’s Suresh Tantia told CNBC that the equity market will rebound from the current levels. However, the S&P 500 declined by 1.2%
PMI Data Sees Trump Blame the Fed: Is He Right?
On October 1, the ISM released the PMI data for September. At 47.8, the reading pointed to a contraction. President Trump again blamed the Fed.
If S&P 500 Falls to $2,700, Will AAPL, GE, and BA Fall?
Mike Wilson, Morgan Stanley’s chief investment officer, said that the S&P 500 could fall to $2,700 in the fourth quarter. SPY settled at $3,005.7.
Amazon: Is Mark Cuban Influenced by Berkshire?
On September 30, Mark Cuban said to Fox Business that he had a stake worth around $1 billion in Amazon. He added, “It’s my biggest holding.”
Should Druckenmiller Listen To Buffett on General Electric?
On August 15, billionaire hedge fund manager and former president of Duquesne Capital Stanley Druckenmiller bought General Electric shares.
Walmart’s All-Time High—Should You Listen to Buffett?
On September 25, Walmart stock closed at $118.47, just 1.4% below the all-time high it made in the previous trading session.
Advantage Airbus as a Boeing Loyalist May Choose A321s
In what could be a key setback for Boeing (BA), India-based SpiceJet may order at least 100 Airbus A321s as the 737 MAX 8 fiasco drags on.
Boeing: Eight Dreamliner Orders from Air New Zealand
Air New Zealand announced this morning that it had signed a deal with Boeing (BA) to buy eight 787-10 Dreamliner planes, according to Reuters.
Delta Air Lines Is Waiting for the 797—Is Boeing Ready?
Last week, Delta Air Lines’ CEO told Bloomberg that the carrier is still hoping Boeing will build a new midmarket airplane, dubbed the Boeing 797.
Nelson Peltz: GE a Big Mistake, but Culp Is a Star
At CNBC’s Delivering Alpha conference, Trian Partners CEO Nelson Peltz said that holding a large stake in General Electric was his “big mistake.”
Could Boeing Benefit from Airbus’s ‘Back’ Pain?
Some airlines have been forced to keep the back seats empty on Airbus’s (EASDY) A320neos due to a problem similar to Boeing (BA) 737 Max 8’s
Lehman Moment? Buffett and Others on the Next Crisis
Fund managers such as Warren Buffett and Ray Dalio have differing opinions on what could cause the next financial crisis.
Federal Reserve Meeting: Can the Party Continue?
The Federal Reserve meeting is scheduled for September 17-18. At its last policy meeting in July, the Fed lowered rates by 25 basis points.
GE Debt Set to Fall by $5 Billion, Market Not Excited
GE will receive $2.7 billion in net proceeds from reducing its stake in Baker Hughes. GE announced tender offers for its dollar- and euro-denominated bonds.
GE’s Q3 Earnings May Look Bad after BHGE Deal
With GE’s stake in Baker Hughes (BHGE) dipping below 40%, it may not be able to consolidate 100% of BHGE’s revenue and cash flows.
GE to Sell BHGE Stock: Cash Crunch or Transformation?
Yesterday, Baker Hughes, a GE company, announced that GE and its subsidiaries were planning to sell up to 121 million class A shares in Baker Hughes.
Boeing: New 777X Issues Won’t Impact Test Schedule
Boeing (BA) stock closed 3% higher yesterday after the company said its latest 777X issues wouldn’t impact its test schedule.
Boeing 777X Delay Could Block These Airlines’ Plans
New regulatory problems may further delay Boeing’s (BA) delivery of its first ultra-long-range 777X series plane, hindering some airlines’ plans.
Why Buffett Would Love a Crash—and Trump Wouldn’t
Berkshire Hathaway is sitting on a major cash pile. A major market crash would help Chair Warren Buffett deploy some of Berkshire Hathaway’s cash.
These Global Airlines Are Buying Boeing Aircraft
The 737 MAX fiasco has dampened orders for Boeing’s (BA) narrow-body jets. However, airlines have shown their trust in its wide-body planes.
Boeing 777X Failed a Stress Test, More 737 MAX Concerns
In another setback, Boeing’s (BA) long-haul and wide-body 777X variant failed a stress test. The test was part of the FAA’s certification process.
GE Stock Gains, Citigroup Sees Meaningful Turnaround
On Wednesday, General Electric (GE) stock rose 5.6% after a top Wall Street analyst made some positive remarks about its turnaround efforts.
US PMI: Warning Sign for Trump and US Economy
Today, the IHS/Markit released the US PMI data. The August manufacturing PMI was 50.3, which is the lowest level since September 2009.
Boeing Gets New Orders for Its 777-300ER Aircraft
Boeing received positive news today. The aircraft manufacturer unveiled that it had received new orders for its twin-aisle wide-body 777-300ER aircraft.
GE’s Partial Lawsuit Victory: Should Investors Rejoice?
After it announced the sale of its PK AirFinance business on August 29, General Electric (GE) was the subject of more good news for investors.
Boeing to Undergo Structural Changes—Is It Too Late?
Today, Reuters reported that Boeing (BA) is aiming to make certain structural changes to improve its feedback mechanism for safety concerns.
GE Capital Sells PK AirFinance to APO and ATH
Today, General Electric announced the sale of GE Capital’s PK AirFinance to Apollo Global Management and Athene Holding. All three stocks rose on the news.
Will Harry Markopolos’s Allegations against GE Stick?
Madoff whistleblower Harry Markopolos has GE in his sights, and he’s armed with 175 pages and a website dedicated solely to his newfound cause.
Disney Slips 0.12% on Allegations of Inflated Revenue
A former employee claims that Disney (DIS) inflates its revenue to enhance its financial results. Disney refutes the allegations.
Trump Administration Floats Sale of Arms, Jets to Taiwan
The Trump administration floated the sale of fighter jets to Taiwan. In an $8 billion deal, Lockheed Martin plans to sell 66 F-16 fighters to Taiwan.
The GE Fraud Saga: More Pain as Fitch Issues LTC Report
Fitch Ratings’ annual report on long-term care insurers ranked GE second on its list of the 16 riskiest LTC insurers. GE stock fell 3.18% on the news.
GE Stock Recovers: Wall Street, CEO to the Rescue
After the worst fall in 11 years, GE stock opened higher on Friday. The stock, which closed at just over $8 on Thursday, rose 8.8% at 12:03 PM ET.
Druckenmiller and Culp Bought GE Stock: Should You?
Stanley Druckenmiller, a hedge fund manager and billionaire investor, told CNBC that he bought General Electric shares after the stock fell on Thursday.
Whistleblower Accused GE of Fraud, Stock Tanks Today
GE stock has fallen on Thursday. Harry Markopolos, the whistleblower, stated that the company’s financial filings masked the extent of its problems.
Boeing Delays Delivery of Another 777X Variant Aircraft
Boeing (BA) has pushed back the delivery of yet another variant of its ultra-long-range 777X jets, Reuters reported on August 14.