Go offline with the Player FM app!
Apple Lower, Applied Materials Drops, Boeing Falls on Plane Delays
Manage episode 510357841 series 3654950
On this episode of Stock Movers:
-Apple (AAPL) shares fell after Jefferies downgraded the iPhone maker to underperform from hold.
-Applied Materials (AMAT) shares dropped after the company said net revenue for FY 2026 is set to decrease by $600 million due to a new rule by the US Department of Commerce’s Bureau of Industry and Security.
-Boeing (BA) shares slumped after the plane maker delayed their new 777X to fly for the first time in early 2027. The delay could result in potentially billions of dollars in accounting charges, with analysts estimating the non-cash accounting charge could run from $2.5 billion to as much as $4 billion.
See omnystudio.com/listener for privacy information.
1012 episodes
Manage episode 510357841 series 3654950
On this episode of Stock Movers:
-Apple (AAPL) shares fell after Jefferies downgraded the iPhone maker to underperform from hold.
-Applied Materials (AMAT) shares dropped after the company said net revenue for FY 2026 is set to decrease by $600 million due to a new rule by the US Department of Commerce’s Bureau of Industry and Security.
-Boeing (BA) shares slumped after the plane maker delayed their new 777X to fly for the first time in early 2027. The delay could result in potentially billions of dollars in accounting charges, with analysts estimating the non-cash accounting charge could run from $2.5 billion to as much as $4 billion.
See omnystudio.com/listener for privacy information.
1012 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.