Keep pulling the thread on Jake Silverman.
Boeing plans to increase its 737 MAX production rate to 47 planes per month this summer and subsequently to 52 per month.
Boeing secured a 200-plane commitment from China during a visit by former President Donald Trump.
Boeing expects to begin deliveries of its still-uncertified 737 MAX 7 and MAX 10 variants to customers next year.
Ross Stores reported double-digit comparable sales growth of 17% for the quarter.
The argument for Micron Technology reaching a $1 trillion valuation is based on a potential structural change in the memory market, which could make earnings more sustainable over the next 3 to 5 years.
There is currently not enough capacity in TSMC's fabrication plants to meet the existing demand for semiconductors.
The FAA has granted Boeing approval to increase its 737 MAX production rate.
The Foot Locker business, acquired by Dick's Sporting Goods, achieved its first positive same-store sales gain in two years.
Dick's Sporting Goods expects a meaningful acceleration in its Foot Locker business in the second half of this year.
The differing results between Dick's Sporting Goods (catering to higher-income) and Bath & Body Works (lower-income) highlight a wide gap between consumer segments.
Bath & Body Works reported a sales decline of approximately 3% in the first quarter.
Bath & Body Works experienced a mid-teens percentage decline in its body care product category.