Aerospace and Defense

Tesla and Alphabet report quarterly earnings after the closing bell Wednesday, while Texas Instruments tumbles after issuing a disappointing profit forecast.

White House revises trade deals, Texas Instruments offers disappointing outlook, Coca-Cola confirms adding cane sugar, and more news to start your day.

Lockheed reports earnings per share of $1.46 from sales of $18.2 billion. Wall Street was looking for EPS of $6.41 from sales of $18.5 billion.

RTX reported quarterly earnings per share of $1.56 from sales of $21.6 billion, above Wall Street estimates.

Defense contractor Northrop Grumman reported second-quarter earnings and sales that topped what Wall Street had been expecting.

General Motors tops earnings estimates but the stock falls, and Lockheed Martin stock declines after the defense contractor’s earnings included charges of $1.7 billion that took Wall Street by surprise.

A dynamic is emerging among Elon Musk’s Tesla, SpaceX, and xAI, fueling talk of consolidation. That isn’t necessarily a problem for Tesla shareholders.

The discount airline’s results, and commentary from management, contained useful information for investors in the aerospace company.

Sarepta says it will continue to ship Elevidys despite FDA requests that it stop shipments of the Duchenne muscular dystrophy gene therapy, while Verizon tops earnings expectations and raises 2025 guidance.

Wall Street analysts were encouraged by GE Aerospace’s second-quarter earnings results.

While some evidence shows tariffs are pushing up prices for consumers, the economy appears to be mostly healthy.

Along with second-quarter earnings, the jet-engine maker is expected to update its short-term and long-term guidance on Thursday.

The head of the Tampa Fire & Police Pension fund explains how an ultralong-term focus can deliver through thick and thin.

J.P. Morgan analyst Seth Seifman boosted his Boeing stock price target to $230—about where shares are now—and has a Buy rating.

Trump to announce investment in AI, energy, threatens 100% tariffs on Russia, food brands could be ripe for deals, and more news to start your day.

Citi analyst Jason Gursky sees this year’s half going better for large U.S. defense contractors.

Boeing shares rise as the accident of Air India flight 171 doesn’t appear to have anything to do with aircraft design or manufacturing, while MicroStrategy and crypto-related stocks jump as Bitcoin sets a record high.

Fuel to the engines was shut off shortly after takeoff, causing Air India Flight 171 to crash, killing 241 of 242 on board and 19 people on the ground.

Boeing investors finally have details from a preliminary accident report for Air India flight 171, which crashed on June 12 less than a minute after taking off from an airport in Ahmedabad, India.

Canaccord analyst George Gianarikas increased his call on MP Materials stock to $55 a share from $27,.

The defense secretary said he planned to boost production of drones, and supply combat units with more of them.

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The agreements are meant to reduce foreign dependency, mining firm MP Materials said.

TD Cowen analyst Gautam Khanna cut his rating on the defense contractor to Hold from Buy.

BofA’s Justin Post looked at costs for Amazon to build out its SpaceX Starlink competitor. It’ll be expensive, but Amazon has the money.