BA Jun 2025 180.000 call
- Yahoo Finance Video
Nvidia earnings, crypto rally, new housing data: Catalysts
On today's episode of Catalysts, Co-Hosts Seana Smith and Madison Mills invite top experts and strategists to break down some of the market's (^DJI,^GSPC, ^IXIC) biggest stories, from the crypto rally to the summer travel season driving consumer trends. Nvidia (NVDA) earnings are highly anticipated, as the chip company is expected to report a massive 242% surge in revenue. If Nvidia meets or tops these expectations, investors are hopeful it will spur a broader market rally. Skybridge Capital Founder and former White House Director of Communications Anthony Scaramucci encourages shareholders to stick with the company regardless of its earnings results: "I think if you hold it over the next decade, you're going to be very well rewarded." Newly released housing data shows existing home sales dropped in April, declining by 1.9% versus the expected 0.8%. HousingWire Lead Analyst Logan Mohtashami notes that while inventory levels have been on an upward trajectory, lingering challenges, like high mortgage rates and housing prices, are stunting the housing market's overall growth. Cryptocurrencies bitcoin (BTC-USD) and ethereum (ETH-USD) are rallying as the House is set to vote on the Financial Innovation and Technology for the 21st Century Act, or FIT21. The new crypto legislation could boost the entire sector as it would remove it from the purview of the Securities and Exchange Commission (SEC). Scaramucci adds that with the upcoming election, the Biden administration should show the sector some favorability as more individuals are looking to boost their wealth by investing in cryptocurrencies. As the summer travel season heats up, US Secretary of Transportation Pete Buttigieg joins the show to discuss how Americans should plan for their vacations ahead. He encourages all travelers to know their rights before making their trips, pointing to new measures that guarantee automatic refunds if flights get canceled. Buttigieg explains that the Department of Transportation is focused on getting "America's airlines to succeed and thrive. We want them to do it by providing good customer service and through honest practices." He adds that while many may be flying on Boeing (BA) planes this summer, consumers should not be afraid: "Look, I'm on a Boeing airplane every few days... so this is personal to me as well as something I care about as a policymaker. And bottom line is the FAA is not going to allow anything to go forward that they're not satisfied is safe." For more expert insight and the latest market action, click here This post was written by Melanie Riehl
- Yahoo Finance Video
Boeing still has a 'long way to go': Sec. Buttigieg
Boeing (BA) is facing a host of issues, from the Federal Aviation Administration's (FAA) probe of the company's 787 Dreamliner inspections to the Alaska Airlines (ALK) mid-flight door blowout. US Secretary of Transportation Pete Buttigieg talks to Yahoo Finance's Brian Sozzi about how the Department of Transportation is looking at the company. "The good news is that there has been a lot of engagement. They've taken a number of steps in response to the pressure that the FAA is putting on them, but there's still a long way to go," Sec. Buttigieg says. The FAA is barring Boeing from increasing its production rate until the company has proven that it can address the mounting safety concerns. "At the end of the day, it's all about the results. They're saying the right things, they're taking encouraging steps, but we need to make sure that we see it on the shop floor, that we see it in terms of the quality of the product that rolls off the line," he adds. On whether Americans can trust Boeing, Sec. Buttigieg says, "Look, I'm on a Boeing airplane every few days... so this is personal to me as well as something I care about as a policymaker. And bottom line is the FAA is not going to allow anything to go forward that they're not satisfied is safe." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
- Reuters
Exclusive-Boeing deliveries to China delayed by state regulator review, source says
(Reuters) -Boeing's plane deliveries to China have been delayed in recent weeks due to a Chinese regulatory review of batteries powering the cockpit voice recorder, a source familiar with the matter told Reuters. The U.S. planemaker said in a statement it is working with Chinese customers on the timing of their deliveries as the Civil Aviation Administration of China completes its review of batteries contained within the 25-hour cockpit voice recorder. In a year-end 2023 filing, Boeing said it had about 140 737 MAX 8 aircraft in inventory, including 85 aircraft for customers in China.
