Aerospace and Defense Industry Sees Greatest Impact From AI Technology
Machine learning, quantum computing, IoT, and AI technology have gained so much steam in recent years that they are quickly becoming commonplace in our day-to-day lives. From healthcare to retail to construction, nearly every major …
Amazon’s Blue Origin will Take Industry to Moon: AMZN Stock Climbs 2%
At a tech conference in Las Vegas, Amazon (NASDAQ:AMZN) CEO Jeff Bezos took to the stage to speak about his space company, Blue Origin, and its current project; a giant Lunar lander to make moon …
FedEx Stock Falls On China’s Investigation News: Huawei Conflict
FedEx stock is falling hard in Monday’s session due to the escalating trade conflict between the US and China.
China Probes FedEx
When a multinational company gets embroiled in one of the planet’s …
Boeing Stock is Down as 737 Jet Affected By Faulty Wing Parts
Boeing stock is selling for $335.86 USD and is in the red 1.65% at the time of writing. Boeing (NYSE:BA) shares are reacting to more troubling news regarding the company’s line of 737 jets. This …
Boeing Stock Tanks | Airliner Receives No New Orders In April
Boeing stock tanked over the weekend. The company (NYSE:BA) reported it received no new orders for planes in April and the news is the last thing investors need.
On Friday’s close, shares sold …
WestJet To Be Bought By Onex Corp In $5 Billion Deal, Stocks Surge!
Announced today, private equity and credit investor and manager, Onex Corp. has signed a deal to buy Canada’s WestJet Airlines (TSX:WJA) (OTC:WJAFF). The company is paying out $5 billion for the airline and will also …
Boeing Stock Declines As Company Admits It Knew of Max 737 Issue
Boeing stock is on the decline for an understandable reason; Boeing (NYSE:BA) admitted that, for over a year, it knew a problem existed with its Max 737 jets. Since the revelation was made, shares have …
Bombardier Plunges Nearly 20% After Slashing 2019 Forecasts
Bombardier Inc. (TSX:BBD.B) plunged on Thursday after the Canadian aerospace and transportation company said it cut its full-year profit forecast. The Montreal-based company said it slashed its full-year revenue forecast as well. On the news, …
WOW Air Shuts Down, Leaves Thousands of Passengers Stranded
Icelandic budget airline WOW Air abruptly ceased operations and canceled all of its flights Thursday, leaving thousands of passengers stranded around the world.
The airline added a travel alert on their website that …
Airbus Signs Multimillion Dollar Deal with China: 300 Jets on the Way
Sky’s the limit for Airbus (OTC:EADSF). China has agreed to buy a total of 300 passenger jets from the European aircraft maker. The news spells disaster for US rival Boeing (NYSE:BA), which is already dealing …