Boeing earnings: Aerospace giant trims 737 Max forecast due to production issue; maintains cash flow guidance

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Boeing reported a third quarter miss on both the top and bottom lines and cut its delivery forecast for its 737 Max narrowbody jet due to ongoing production ...

) reported a third quarter miss on both the top and bottom lines, and cut its delivery forecast for its 737 Max narrowbody jet due to ongoing production issues. The aerospace giant did reaffirm its cash flow guidance, which gave shares a boost.

Boeing identified a supplier issue that impacted production of the 737 Max, though it is not an immediate safety issue, the company said in a statement. A biotech firm founded by Vivek Ramaswamy turned $15 million into $5 billion by flipping a bowel-disease treatment that Pfizer gave it for free 'Extremely bearish' chart formation signals the top 7 Big Tech stocks including Apple, Nvidia, and Tesla face elevated risk of a selloff

 

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