Spirit Aero to break up after Boeing accepts $4.7 billion stock deal

By Tim Hepher, Shivani Tanna and Mike Stone (Reuters) – Boeing agreed to buy back Spirit AeroSystems for $4.7 billion in stock and Airbus moved to take over the supplier’s losing operations focused on Europe, sending shares in the top three companies to a split of rarely transatlantic. The nearly two-decade independence of the world’s … Read more

Is Rivian Stock a buyout after Volkswagen’s $5 billion investment?

The electric vehicle (EV) industry hasn’t been particularly kind to investors, especially betting ones Rivian Automotive (NASDAQ: RIVN). Its shares have lost about 90% of their value since going public three years ago amid growing competition and missed production targets. But some recent good news has given the stock a lift. Let’s dig deeper into … Read more

5 things to know before the stock market opens on Monday, July 1

Here are the top five things investors need to know to start day trading: 1. The second part The first half of the year is over and tech stocks continue to lead the way. Heavy technology Nasdaq Composite rose 18.1% in the first six months of the year as the artificial intelligence craze excited investors. … Read more

Nvidia led the market higher in the first half of 2024, but another “Magnificent Seven” stock is poised to power the market in the second half

The first half of 2024 has been a strong half for the stock market and the clear leader driving this growth has been Nvidia (NASDAQ: NVDA). The chipmaker’s stock has been on a meteoric rise over the past five years, and that momentum continued into the first half of 2024 with the stock up over … Read more

The S&P 500 just did something it’s only done once in history, and it could signal a big move in the stock market

The S&P 500 outperformed its equal-weighted counterpart by more than 10% in the first half of 2024, something that has only happened once before. of S&P 500 (^GSPC -0.41%) he passed S&P 500 Equal Weight Index by more than 10% during the first half of the year, something that has only happened once before. A … Read more