Boeing shares are set for a turnaround after a rough 2024, according to Hightower Advisors’ Stephanie Link. “I think the worst is behind the company,” the firm’s chief investment strategist and portfolio manager said Tuesday on CNBC’s ” Halftime Report .” “I think this is a 2025 story — my favorite one.” Link’s remarks come after a tumultuous year for the aerospace giant, which kicked off with a panel on the side of a Boeing 737 Max 9 operated by Alaska Airlines flying off midflight in January. In the months following the incident, aerospace veteran Robert “Kelly” Ortberg became Boeing’s…
Author: usaeverydaylife
Honda 0 Saloon & Honda 0 SUV prototypesHondaLAS VEGAS — Honda Motor on Tuesday at the CES tech conference revealed the company’s newest electric vehicles that are set to be produced at a multibillion-dollar manufacturing complex in central Ohio.The vehicles are the Honda 0 Saloon, which is an updated version of a concept car revealed last year at CES, and the Honda 0 SUV. Both “0 Series” vehicles are prototypes, which means they’re intended for customer production but could still see some changes ahead.Honda said production models based on both prototypes are expected to launch in North America in 2026,…
Former President Donald Trump arrives at Manhattan Criminal Court, Thursday, May 30, 2024, in New York.Seth Wenig | Via ReutersA New York appeals court judge on Tuesday rejected a request by President-elect Donald Trump to delay his criminal sentencing Friday for his conviction in a case related to paying hush money to a porn star before the 2016 election.The denial by Judge Ellen Gesmer came shortly after she held a hearing on Trump’s request, and a day after Manhattan Supreme Court Judge Juan Merchan, who conducted Trump’s trial, refused to delay the sentencing.Trump’s lawyers had argued that Trump was entitled…
Buffalo Bills quarterback Josh Allen closed out the best season of his career with six consecutive weeks at No. 1 in The Athletic’s QB stock report, maintaining his lead over Baltimore Ravens QB Lamar Jackson after his own six-week run up top.As we entered the season with a maiden voyage in this quarterback project, the most daunting question was obvious while the answer remained wildly unclear: How was anyone going to leapfrog Patrick Mahomes?Every week, these rankings focused on a confluence of primary factors — current performance, career résumé, future potential and the situations around the QBs. So with Mahomes…
Crossings into the United States from Mexico have dropped sharply since last year. But countries south of the U.S. border are waiting nervously to see if President-elect Donald J. Trump orders mass deportations.The possibility that millions of undocumented immigrants could be expelled — what would be the largest deportation program in American history — has sent shock waves through Latin America and sowed confusion among migrants and asylum seekers.“We see dark times coming for the migrant community,” said Irineo Mujica, the Mexico director of People Without Borders, a transnational advocacy group. “Anyone who falls prey to the Trump administration is…
Check out the companies making headlines in midday trading. Nvidia — Shares of the artificial intelligent darling slid 5%, reversing course after rising to an all-time high earlier in the session. Nvidia announced new gaming chips for computers that use its Blackwell technology at a conference in Las Vegas. Tuesday’s slide comes after a strong 2024 for Nvidia, during which it was one of the best performers in the S & P 500 . UniFirst — The school and work uniform maker jumped 18% after competitor Cintas confirmed it submitted a proposal to acquire the company for $275 per share…
As Wall Street looks to extend gains in the new year, Keefe, Bruyette & Woods pegs financial stocks, including Synchrony Financial and Citigroup, as some of the firm’s top picks for 2025. Despite some lingering questions about the Federal Reserve’s forward path this year with rates, stocks are still well in the midst of an ongoing bull market. The benchmark S & P 500 wrapped up 2024 with a gain of 23%, its second-consecutive annual advance of more than 20%. Equities are taking a breather on Tuesday after beginning the week higher a day earlier. KBW isn’t alone in its…
A new Wall Street analyst report says investors should sell Apple stock. Jim Cramer thinks otherwise. The news MoffettNathanson downgraded Apple stock to sell from neutral Tuesday and cut its price target to $188 per share from $202 — implying roughly 23% downside from Monday’s close. The analysts pointed to concerns about Apple’s prospects in China and the U.S. government’s antitrust action against its search partner Google, owned by fellow Club name Alphabet . “A Federal Judge (Amit Mehta) had declared the payments Google makes to Apple each year for Google’s preferred (default) search position to be illegal. Apple’s position…
Frontier AirlinesNurphoto | Nurphoto | Getty ImagesDiscount carrier Frontier Airlines is beefing up service in New York, planning new routes to major American Airlines hubs with fares starting under $20.The airline plans to launch service between New York’s John F. Kennedy International Airport and Miami International Airport on March 30.A roundtrip flight leaving on April 1 and returning a week later was showing as $38 on Frontier’s website for a basic ticket, which doesn’t include a seat assignment or carry-on bag and is non-refundable. The same trip on those dates on American, which includes a carry-on bag and a non-alcoholic…
Nicolas Economou | Nurphoto | Getty ImagesBitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.The price of the flagship cryptocurrency was last lower by 4.8% at $97,183.80, according to Coin Metrics. The broader market of cryptocurrencies, as measured by the CoinDesk 20 index, dropped more than 5%.Crypto stocks Coinbase and MicroStrategy fell more than 7% and 9%, respectively. Bitcoin miners Mara Holdings and Core Scientific were down about 5% each.Stock Chart IconStock chart iconBitcoin drops below $98,000The moves followed a sudden increase in the 10-year U.S. Treasury yield after data released by the Institute…
