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☆ The world of government contract jobs is incredibly complex. Here are the basics.
▼ + stars: | 2024-04-21 | by ( Ana Altchek | ) www.businessinsider.com time to read: +7 min

This lets the government tackle specific jobs and projects quickly without all the steps of regular government hiring and bureaucratic obstacles. Thomson ReutersThere are a wide range of large government contracting companies that the government regularly makes deals with. John Breth, 40, worked in government contracting roles for 12 years before starting his own contracting company. If awarded the contract, you have to meet specific requirements set by the government, which may involve getting clearances or certifications. Once you understand the landscape better, you'll be able to recognize which jobs you qualify for and define your path forward.

Persons: —, Lockheed Martin, Lauren Irizarry, John Breth, Kevin Jennings, Jennings, you'll Organizations: Service, Department of Labor, Business, Raytheon, Thomson Reuters, Defense, Lockheed, Boeing, Northrop Grumman, Judge, US Small Business Administration Locations: Woburn, sba.gov

☆ 6 portfolio stock earnings and the Fed's favorite inflation gauge dominate the week ahead
▼ + stars: | 2024-04-20 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The Nasdaq sank 2% on Friday as Netflix dropped nearly 11% post-earnings and Club stock Nvidia fell 10%, entering bear market territory but still up more than 50% in 2024. Following a much stronger-than-expected March retail sales report last month, fresh economic data and six Club stock earnings will take center stage in the week ahead. While lower rates may help stock multiples, that is not a sustainable path to higher equity prices over time. Earnings : The latest quarterly reporting season is starting to ramp into high gear with six Club names set to report next week. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Dow, Jerome Powell, Jim Cramer, Mark, Meta, Bing, Ford, Vimal, Lockheed Martin, Clark, Philip Morris, Sherwin, Williams, Baker Hughes, Lam, Northrop, Dr Pepper, CARR, Edwards Lifesciences, Jim Cramer's, Jim, Michael M Organizations: Nasdaq, Netflix, Nvidia, Dow Jones, Federal, Fed, Hamas, Gross, Google, Reality Labs, General Motors, Honeywell, Microsoft, Verizon Communications, Albertsons Companies, SAP, Cadence Design Systems, United Parcel Service, General Electric, GE, PepsiCo, Lockheed, Spotify Technology, RTX Corporation, JetBlue Airways, Halliburton, HAL, Philip Morris International, Quest Diagnostics, Texas Instruments, Seagate Technology, Mattel, Veralto Corporation, Boeing, General Dynamics, Boston, Hilton, Fisher, Otis Worldwide, IBM, Grill, Viking Therapeutics, Lam Research, Whirlpool, WM, Honeywell International, Royal Caribbean Cruises, American Airlines, Altria, Newmont, Caterpillar, Southwest Airlines, Myers Squibb, AstraZeneca, Mobileye, Northrop Grumman, CNBC, Comcast, Merck, Dow Inc, Carrier Global, Union Pacific, Intel, Western, Mobile, L3Harris Technologies, Exxon Mobil, Chevron, Colgate, Palmolive, HCA Healthcare, Charter Communications, Newell Brands, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: Israel, Iran, Ukraine, destocking, China, Cleveland, Freeport, McMoRan, Kimberly, Masco, Bristol, New York City

☆ More than half of the US Air Force's B-2 stealth bombers just staged a mass fly-off
▼ + stars: | 2024-04-19 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

B-2 Spirit stealth bombers executed a mass fly-off earlier this week during a major exercise. AdvertisementMore than half of the US Air Force's B-2 Spirit stealth bombers conducted a large-scale exercise earlier this week, staging a massive fly-off. For a long time, it was the only stealth bomber in the world, but the US is making progress on a new stealth bomber, the B-21 Raider, which achieved its first flight in November last year. AdvertisementAs a penetrating strike stealth bomber, the B-21, the US military has said, is expected to "form the backbone of the future Air Force bomber force." A B-2 Spirit stealth bomber assigned to the 509th Bomb Wing takes off at Whiteman Air Force Base, Mo., April 15, 2024.

Persons: —, Hailey Farrell, Northrop Grumman, Matthew S, Domingos Organizations: Whiteman Air Force Base, Service, US Air, 509th Bomb, . Air Force, Vigilance, Air Force, Northrop Locations: Mo, Missouri, Kosovo, Iraq, Afghanistan

☆ How the US Army botched a $1 billion upgrade of the Stryker armored vehicle's gun
▼ + stars: | 2024-04-18 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Fearing that its Stryker armored vehicles were outgunned by Russian and Chinese designs, the US Army had an idea for a quick fix: Develop an unmanned Stryker turret with a 30-mm autocannon. The Army obliged in 2018 with the Infantry Carrier Vehicle-Dragoon, which added a remote-controlled 30-mm gun turret — manufactured by Norwegian firm Kongsberg — to 91 flat-bottom-hull versions of the Strykers. This would be enough to upgrade Strykers in three brigades of 83 vehicles each, plus an additional 20 for testing. Instead of a Kongsberg MCT-30 turret, the vehicles would receive a Samson turret made by Israeli firm Rafael. A big red flag should have been the glitches in the turret software that degraded the 30-mm cannon's accuracy.

Persons: Germany —, Rafael, Stryker, Kevin Payne, Mona Sehgal, Sehgal, Michael Peck Organizations: Service, Stryker, US Army, Business, Army, 2nd Cavalry Regiment, General Dynamics Land Systems, VN, Infantry Carrier Vehicle, Dynamics, The Army, Systems, Oshkosh Systems, Northrop, Hull, GAO, Oshkosh, Department of Defense, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Europe, Asia, Germany, Russia, Norwegian, Kongsberg, Oshkosh, Forbes

☆ Lockheed wins U.S. missile defense contract worth $17 billion, sources tell Reuters
▼ + stars: | 2024-04-15 | by ( ) www.cnbc.com time to read: +3 min

Lockheed Martin has been awarded a $17 billion contract to develop the next generation of interceptors that would guard the United States against an intercontinental ballistic missile attack, two industry sources briefed on the matter told Reuters. Both Lockheed and the Missile Defense Agency declined to comment. The sources did not indicate the length of the contract, but the first interceptor is expected to be operational in 2028. The NGI is currently in its technology development phase and will transition to its product development phase in May, according to written testimony submitted by the head of the Missile Defense Agency, Lieutenant General Heath Collins, last week. The United States then decided to restart the contract process to gather bids on designing the whole interceptor including the "kill vehicle."

Persons: Lockheed Martin, Walter E, General Heath Collins, Collins, Northrop Grumman Organizations: Lockheed, Astronautical, Washington Convention Center, Reuters, Army, Attack Reconnaissance Aircraft, U.S . Missile Defense Agency, Defense, Missile Defense Agency, Pentagon, Boeing Locations: Washington , DC, United States, North Korea, Iran, U.S

☆ NASA is asking for help to retrieve Mars samples that could be the first evidence of alien life
▼ + stars: | 2024-04-15 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

NASA's Perseverance Mars rover is collecting samples that could be evidence of ancient alien life. But NASA's Mars Sample Return mission to bring them to Earth will now cost $11 billion and take two decades. NASA/JPL-Caltech/ASUNASA's original proposal for the Mars Sample Return is "mind-bendingly complicated," David Parker, director of space exploration at the European Space Agency, said in 2021. AdvertisementAn illustration shows a concept of how NASA's Mars Sample Return mission would launch Perseverance's samples from the surface of Mars. At the current price tag, Mars Sample Return would "cannibalize" other NASA missions, Nelson said.

Persons: —, Nicola Fox, We're, David Parker, Bill Nelson, Nelson, Fox, Lockheed Martin, Northrop, We've, that's Organizations: NASA, Service, Mars Express, ESA, JPL, Caltech, ASU, European Space Agency, Lockheed, Northrop Grumman, Boeing, SpaceX Locations: Berlin, Mars

In the shadow of the Rocky Mountains, with an elevation one mile closer to space than sea level, lies an area that's home to a burgeoning cluster of aerospace businesses. Voyager Space CEO Dylan Taylor traveled to space on a Blue Origin flight in 2021. For Voyager, that's been true. For Taylor, who has been to space himself after a trip on Blue Origin's New Shepard, the Denver-Boulder space story extends beyond Voyager too. Denver area startup Orbit Fab is building refueling ports for satellites that will allow them to fuel up in space.

Persons: Dylan Taylor, CNBC's Morgan Brennan, Lockheed Martin, Northrop Grumman, RTX, Jeff Bezos, Morgan Brennan, Sen, John Hickenlooper, Hickenlooper, that's, Taylor, Shepard, He's, Northrop, Daniel Faber, Orbit, Faber Organizations: Buckley Space Force, CNBC, Aerospace, Colorado Space Coalition, Voyager, Denver . Voyager, AFP, Getty, Lockheed, Boeing, Northrop, Launch Alliance, BAE Systems, Space, Space Station, Airbus, Mitsubishi, Northrop Grumman, AAA Locations: Colorado, CNBC's, Rocky, Denver, Boulder, California, Silicon Valley

☆ Exclusive: On board a B-52 bomber mission to China’s doorstep
▼ + stars: | 2024-04-10 | by ( Oren Liebermann | ) edition.cnn.com time to read: +11 min

Sitting on the massive bomber’s sole bunk, the third pilot on the flight crew, Capt. This year, the Air Force began low-rate production of the Northrop Grumman B-21 Raider, the next generation of stealth bomber. In October, Chinese fighter jets intercepted a B-52 bomber at night over the South China Sea, south of our position. Everyone is tired, especially as we approach the 24-hour mark of the flight, but the mission is not yet complete. On final approach, with Barksdale Air Force Base looming off our nose, the right main gear does not extend.

Persons: Jinan Andrews, Omaha ” Barnett, Sabin “ Jett ”, Michael Maginness, CNN's Oren Liebermann, ”, Jason Armagost, Bo “, Bo “ NATO ” Cain, Oren Liebermann, MYLAR11, Leo “ Swabbie ” Weber, “, Rebecca “ Vulcan ” Moore, Moore, you’ve, Jared Patterson, Avery Bulsterbaum, Andrew Rodriguez, Justin Joyner, Dakeeja Nelson, Veruca Plott, it’s, . Sabin “ Jett ”, Jeremy Harlan Organizations: CNN, US, Barksdale Air Force Base, Boeing, 2nd Bomb, China, Eighth Air Force, “, Air Force, Bo “ NATO, 20th Bomb Squadron, Northrop Grumman, Raider, CNN Staff, US Department of Defense, South Korean Locations: East China, –, Alaska, Louisiana –, Louisiana, Japan, Capt, Jinan, Tramaine, Omaha, Vietnam, Russia, Russia’s, China, North Korea, South Korea, MYLAR11, Beijing, South China, Jinan Andrews

☆ This new 'blended-wing' plane looks like a military stealth bomber and just got the green light to fly after decades of development
▼ + stars: | 2024-04-06 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

California aerospace startup JetZero got the green light to fly its new "Pathfinder" aircraft. The composite technology makes this new load bearing possible, Bragg told BI. "The product is essentially a new airframe and flight controls married to existing systems already certified for commercial flight," JetZero told BI. And most of those 200+ passengers would be in the middle section without a window, which Bragg told BI could put off travelers. Later, American aircraft industrialist and designer Jack Northrop built his famous "Flying Wing" aircraft in the 1940s, laying the framework for the eventual B-2 bomber.

Persons: JetZero, —, Tom O'Leary, Bailey Miles, AviationValues, Michael Bragg, Bragg, Douglas, it's, Jack Northrop, McDonnell Douglas, BWBs Organizations: Service, Aerospace, Federal Aviation Administration, CNN, Business, FAA, Boeing, US Air Force, Pathfinder, University of Illinois, Douglas DC, Airbus, Engineers, USAF, Getty Images Development, MD's, NASA Locations: California

☆ Who can fix Boeing? Here are some potential CEO candidates
▼ + stars: | 2024-03-27 | by ( Chris Isidore | ) edition.cnn.com time to read: +12 min

New York CNN —Since its founding by William Boeing more than a century ago, the Boeing Company has had 12 CEOs. What Boeing wants in its new CEOWhen picking a new CEO, the company likely has two pools of choices. Or it can once again pick a leader like outgoing CEO Calhoun, who has a financial background and an undergraduate degree in accounting. Spirit was the only one to comment, but it did not address the possibility of Shanahan becoming Boeing CEO. Culp has an undergraduate degree in economics and an MBA from Harvard, a business background more than an engineering background.

Persons: William Boeing, Dave Calhoun, Calhoun, “, ”, Sir Tim Clark, ” Calhoun, “ It’s, Richard Aboulafia, Pat Shanahan Pat Shanahan, Donald Trump, Shanahan, “ Mr, Joe Buccino, Larry Culp Larry Culp, Jack Welch, Culp, Aboulafia, Kathy Warden Kathy Warden, Northrop Grumman, Northrop, Warden, ” Aboulafia, Mary Barra, Greg Smith Greg Smith, Smith, Alan Mulally Aboulafia, Alan Mulally, Ford, Mulally, It’s, Ron Epstein, ’, Stephanie Pope, Brian West, Pope, West, Elizabeth Lund Organizations: New, New York CNN, Boeing Company, Boeing, Alaska Airlines, Emirates Airlines, CNBC, US Department of Defense, CNN, General Electric, GE Aerospace, GE, Danaher Corp, Harvard, Northrop, General Motors, Barra, American Airlines, Ford, Detroit, GM, DaimlerChrysler, Chrysler, of America, Airplanes, GE Aviation, Services, Boeing Commercial Airplanes Locations: New York, American, Calhoun

☆ The once-forgotten flying wing has taken over the US's bomber fleet
▼ + stars: | 2024-03-09 | by ( Ben Brimelow | ) www.businessinsider.com time to read: +11 min

Originally designed before America's entry into the Second World War, the YB-49 flying wing was intended to be America's first intercontinental bomber. US Air ForceThe flying wingThe YB-49 was the final iteration of a flying wing bomber concept created by legendary aircraft designer Jack Northrop, founder of the Northrop Corporation. A larger test aircraft, the N-1M, was tested in July of 1940, proving the potential of the flying wing design. The problems with aerial instability could now be solved by computers utilizing fly-by-wire technology and differential thrust, and so a flying wing design was submitted. In order to maintain a powerful bomber force and to keep up with technological innovation, the Air Force launched the Long Range Strike Bomber program in 2011.

Persons: —, Northrop Grumman, Jack Northrop, Northrop, Dunne, elevons —, William Lewis, Defense Lloyd Austin Organizations: Service, US Air, US Air Force, Northrop Corporation, United States Army Air Forces, US Army Air Forces, Britain, USAAF, Air Force, Flag, Nellis, Nellis Air Force Base, Raider, Technology Bomber, Northrop, ATB, Defense Locations: Nazi, Europe, British, Jan, Yugoslavia, Iraq, Afghanistan, Libya

☆ NASA shuts down $2 billion satellite refueling project after contractor Maxar is criticized for poor performance
▼ + stars: | 2024-03-01 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

NASA is shutting down a $2 billion project to test satellite refueling in space, it announced Friday, after the agency's auditor criticized the program's lead contractor, Maxar, citing "poor performance." The space agency said in a statement that the OSAM-1 — On-orbit Servicing, Assembly, and Manufacturing 1 — project was being discontinued after nearly a decade of work. NASA did not respond to CNBC's request for comment on how many personnel will be affected as a result of OSAM-1's cancellation. Maxar was taken private by private equity firm Advent International in May 2023 before being split into two businesses: Maxar Intelligence, focused on satellite imagery and analytics, and Maxar Space Systems, focused on spacecraft manufacturing. NASA's Goddard Space Flight Center in Maryland was leading the work on OSAM-1, with Maxar Space Systems as the project's prime contractor under multiple deals.

Persons: Eric Glass, Maxar, NASA's, Goddard, General Organizations: NASA, Space Systems, CNBC, International, Maxar Intelligence, Systems, NASA's Goddard Space Flight, Maxar, U.S, Northrop Locations: Maryland, Goddard

☆ Russia’s invasion of Ukraine sparked a defense boom. It’s likely to outlast the war
▼ + stars: | 2024-02-24 | by ( Anna Cooban | ) edition.cnn.com time to read: +6 min

“While some Ukraine-related orders are starting to come through, restocking and the impact of ongoing defense spending increases will be evident further down the line,” he noted. ‘Era of insecurity’Continued US military support for Ukraine on the scale of the past two years is looking increasingly unlikely. But the pressure on Western governments to beef up their military coffers will outlast the Ukraine war, analysts say, and it started to rise even before Moscow sent its troops marching toward Kyiv two years ago. The febrile global environment has helped lift the shares of Renk, a newly-listed German maker of military tank gearboxes, including those donated by Berlin to Ukraine. And this appeal is unlikely to fade soon, given growing defense spending by governments.

Persons: Lockheed Martin, That’s, Jens Stoltenberg, ” Trevor Taylor, Russia wouldn’t, Micael Johansson, Johansson, “, Charles Woodburn, ”, House Republicans —, Donald Trump, Moscow, Oli Scarff, Trump, Joe Biden, Houthi, It’s, Susanne Wiegand, Myles Walton, Sweden’s, … Organizations: London CNN, Russia, Kyiv, BAE Systems, Thales, Rheinmetall, Lockheed, Northrop Grumman, Atlantic Treaty Organization, NATO, Royal United Services Institute, CNN, Saab, Ukraine, House Republicans, Republican, Kiel Institute, European Union, Getty, International Institute, Strategic, Renk, Reuters, New, Wolfe Research, Sweden’s Saab Locations: Ukraine, Moscow, United States, Canada, Russia, London, Europe, Swedish, Poland, Kyiv, Congress, German, European, Newcastle, Tyne, England, AFP, Beijing, Taiwan, China, Israel, Red, Berlin, Frankfurt, Gaza, New York

☆ Bridgit Mendler went from Disney star to space startup CEO with $6.3M in funding—it started with an accidental college major
▼ + stars: | 2024-02-21 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Bridgit Mendler's path from Disney Channel star to space startup CEO started with — quite literally — an accident. The 31-year-old is the CEO and co-founder of Northwood Space, a company based in El Segundo, California that aims to mass-produce ground stations — otherwise known as the antennae that communicate with space satellites. "While everybody else was making their sourdough starters [during the Covid-19 pandemic], we were building antennas out of random crap we could find at Home Depot ... and receiving data from [National Oceanic and Atmospheric Administration] satellites," Mendler told CNBC on Monday while announcing her startup. "I'm studying anthropology," Mendler told ABC's "Jimmy Kimmel Live" in 2015. While at Harvard, she served as co-president of the Harvard Space Law Society, according to her LinkedIn profile.

Persons: —, Charlie, Mendler, ABC's, Jimmy Kimmel, Griffin, Andreessen Horowitz, Peter Thiel's Organizations: Disney Channel, Northwood, National Oceanic, Administration, CNBC, University of Southern, USC, Massachusetts Institute of Technology, MIT Media Lab, Harvard Law School, Harvard, Harvard Space Law Society, Founders, Humba Ventures, Elon, SpaceX, Technologies, Northrop Grumman Locations: El Segundo , California, University of Southern California, Northwood

☆ Scooping up a cheap defense stock trading near a 52-week low while reducing the risk using options
▼ + stars: | 2024-02-07 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

It might be surprising that as geopolitical tensions and the risk of a wider regional conflict in the Middle East rise, defense stocks have been lagging on the sidelines. With defense stocks trading closer to their 52-week lows, I believe that this presents an attractive risk/reward opportunity to potentially add some of these defense stocks to your portfolio. With these types of valuations, the downside is limited, and the upside remains sizable, especially given the propensity for defense stocks to outperform during escalations of war. The biggest risk to NOC is its ability to navigate supply chain costs and budget overruns, which recently dented its recent quarter earnings. The trade The implied volatility rank on NOC is currently sitting at 23%, which indicates that options are neither cheap nor expensive.

Persons: Lockheed Martin Organizations: Northrop Grumman, Lockheed

☆ Starlab, meet Starship: Private space station buys SpaceX launch for later this decade
▼ + stars: | 2024-01-31 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

An artist's rendering of the Starlab space station in low Earth orbit. Private station Starlab will fly on a Starship rocket later this decade to get to orbit, the companies' developing both spacecraft announced on Wednesday. Starlab represents one of the earliest commercial customers to order a Starship launch from SpaceX. The station is one of several currently in development by U.S. companies, as NASA prepares to retire the International Space Station in 2030. The space station's four-year development and construction timeline also gives SpaceX time to move forward with Starship, advancing from demonstration flights to launching customer spacecraft.

Persons: Starlab, Hilton – Organizations: Voyager Space, Airbus, Northrop Grumman, SpaceX, NASA, Space Station, Voyager Locations: U.S

☆ Taiwan Air Force Shows off Its Sub Hunting, Early Warning Prowess
▼ + stars: | 2024-01-30 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

By Fabian HamacherPINGTUNG, Taiwan (Reuters) - Taiwan's air force showed off its armed-to-the-teeth submarine hunters and early warning and control aircraft on Tuesday, demonstrating how it keeps watch on the skies and waters around the Chinese-claimed island. Taiwan's air force, dwarfed by China's but well-armed with mostly U.S. equipment, has been at the front lines of responding to these missions and regularly scrambles to shadow and warn away Chinese aircraft and ships. On a defence ministry-organised media visit to the Pingtung air base in southern Taiwan, the air force displayed its Lockheed Martin P-3C Orion anti-submarine aircraft and Northrop Grumman-built E-2K Hawkeye early warning and control aircraft. The air force also conducted flybys with one of their E-2K Hawkeye aircraft. Taiwan has reported Chinese warships and warplanes frequently passing through the Bashi Channel.

Persons: Fabian Hamacher PINGTUNG, Lockheed Martin, Crews, Tsai Tsung, Fabian Hamacher, Ben Blanchard, William Maclean Organizations: Lockheed, Northrop Grumman, U.S . Navy, Hawkeye Locations: Taiwan, China, Taipei, Philippines, Pacific . Taiwan

☆ Cramer's Lightning Round: Northrop Grumman, John Bean Tech, AMC Entertainment
▼ + stars: | 2024-01-29 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCramer's Lightning Round: Northrop Grumman, John Bean Tech, AMC Entertainment'Mad Money' host Jim Cramer weighs in on stocks including: Northrop Grumman, John Dean Tech, AMC Entertainment and Procore Technologies.

Persons: Northrop Grumman, John Bean Tech, Jim Cramer, John Dean Organizations: AMC Entertainment, John Dean Tech, Procore Technologies

☆ Cramer's Lightning Round: 'We don't want' AMC
▼ + stars: | 2024-01-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Northrop Grumman's year-to-date stock performance. Stock Chart Icon Stock chart icon John Bean Technologies' year-to-date stock performance. Stock Chart Icon Stock chart icon AMC's year-to-date stock performance. Stock Chart Icon Stock chart icon Procore Technologies' year-to-date stock performance. Procore Technologies : "That's a very, very expensive stock...I say ka-ching ka-ching on some of that one."

Persons: Northrop, I'm, John Bean, AMC's Organizations: Northrop Grumman, John Bean Technologies, AMC, Technologies, Procore Technologies

☆ Here are Friday's biggest analyst calls: Apple, Tesla, Coinbase, Amazon, Alphabet, Pinterest, Snap & more
▼ + stars: | 2024-01-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Oppenheimer reiterates Apple as outperform Oppenheimer said it's bullish on Apple's future in gaming. Bank of America reiterates Alphabet as buy Bank of America raised its price target on the stock to $175 per share from $166. Bank of America reiterates Apple as buy Bank of America said it's standing by its buy rating Apple. Bank of America reiterates Amazon as buy Bank of America said Amazon is "well positioned." RBC downgrades Northrop Grumman to sector perform from outperform RBC downgraded the stock after its earnings earnings and says upside is limited.

Persons: Oppenheimer, it's, Tesla, TD Cowen, Needham, headwinds, JPMorgan downgrades Dow, Piper Sandler, Piper, UBS downgrades Archer, Daniels, Northrop, Goldman Sachs, Goldman, Jabil, Wedbush, Evercore Organizations: Seagate, Apple, Bank of America, JPMorgan, Airlines, American Airlines Group, UBS, Humana, Intel, SEC, Deutsche Bank, Deutsche, SNAP, Bancorp, Daniels Midland, Price Target, RBC Locations: Mexico

☆ Stocks making the biggest moves midday: Tesla, American Airlines, Boeing, Humana and more
▼ + stars: | 2024-01-25 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

American Airlines posted adjusted earnings of 29 cents per share on $13.06 billion in revenue. Adjusted earnings per share came in at $3.87 for the fourth quarter, topping the $3.78 expected from analysts polled by LSEG. ResMed's adjusted earnings were $1.88 per share for its fiscal second quarter, compared to the $1.77 per share expected from analysts polled by StreetAccount. Adjusted earnings in the fiscal second quarter were $7.52 per share, versus the $7.12 per share consensus estimate, per LSEG. United Rentals' adjusted earnings per share, revenue and adjusted earnings before interest, taxes, depreciation, and amortization all topped consensus estimates, per FactSet.

Persons: Tesla, Max, Northrop Grumman, — CNBC's Hakyung Kim, Samantha Subin, Tanaya Macheel, Sarah Min Organizations: American Airlines –, American Airlines, LSEG, IBM —, postmarket, Revenue, Boeing —, Bank of America, Boeing, Alaska Airlines, Federal Aviation, StreetAccount . Revenue, Humana, Comcast —, Comcast, LSEG . Revenue, Northrop, U.S . Air Force's, Nokia —, Nokia, United Rentals, Avis Budget, Avis Budget Group, Deutsche Bank, CNBC Locations: Lam, Finnish

☆ Investing in Space: Sector led Lockheed and Northrop growth last year
▼ + stars: | 2024-01-25 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. But, when Lockheed Martin and Northrop Grumman both reported 2023 results this week, it was a different story. For both companies, space was the top segment for sales growth in 2023 — by a wide margin. You'd think with such strong results, space would be a highlight of quarterly earnings calls. But for both Lockheed and Northrop, executives and analysts still only mentioned space in passing.

Persons: CNBC's Michael Sheetz, Lockheed Martin, Northrop Grumman, Northrop, Morgan Brennan, Jay Malave, It's, it's, We've Organizations: Lockheed, Northrop, Vulcan, Boeing Locations: ULA

☆ The B-21 Raider took its first flight just 2 months ago, but the Pentagon is already sure it wants more of its new stealth bomber
▼ + stars: | 2024-01-23 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The B-21 Raider, the US Air Force's newest bomber, has already entered production. AdvertisementProduction of the B-21 Raider is underway, a top Pentagon official revealed this week, a little more than two months after the US Air Force's newest bomber completed its maiden flight. AdvertisementThe B-21 Raider is seen in an undated photograph released on Dec. 2, 2022. Northrop Grumman unveils the B-21 Raider during an event in Palmdale, California on Dec. 2, 2022. The B-21 "Raider," a long-range stealth bomber that can be armed with nuclear weapons, takes off during its first flight in California on Nov. 10, 2023.

Persons: —, William LaPlante, LaPlante, David Swanson, Defense Lloyd Austin, Austin, Northrop Grumman Organizations: Raider, US Air Force's, Pentagon, Service, Business, Northrop Grumman, US Air Force, ., US, REUTERS, Defense Locations: Palmdale , California, California

☆ The 4 most important things we're watching in the stock market this coming week
▼ + stars: | 2024-01-20 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Fortunately, we'll get useful information in the coming weeks as earnings season ramps up and updated inflation data is released. We really want to see more supply come into the market to provide some relief on shelter costs. Looking to next week, we'll get a several key economic updates and a ramp up of earnings releases. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Morgan Stanley, we'll, Procter & Gamble, we've, We're, we're, We'll, Forex, Brown, BRO, Zions, CrossFirst, Johnson, Lockheed Martin, Horton, ERIC, Baker Hughes, Abbott, ABT, Clark, BOK, Monro, Simmons, United Community Banks, Lam, Ethan Allen Interiors, Raymond James Financial, Sherwin, Williams, Northrop, Murphy, Arthur J, Levi Strauss, LEVI, Booz Allen, Jim Cramer's, Jim Cramer, Jim, John Gress Organizations: Nasdaq, Microsoft, Nvidia, Tesla, Apple, Bank of America, Reserve, Procter, Gross, Citigroup, of Hawaii, United Airlines, Logitech International S.A, AGNC Investment, Agilysys Inc, Great Southern Bancorp, Enterprise Financial Services, Independent Bank, Home Bancorp, RBB Bancorp, TrustCo Bank Corp, Gamble Co, Verizon Communications, 3M Company, General Electric Co, GE, RTX Corporation, Halliburton Company, HAL, Lockheed, Ericsson, Bank, GATX Corporation, MakeMyTrip, National Bancorp, Synchrony, Webster, Atlantic Union Bankshares Corporation, Invesco PLC, Peoples Bancorp Inc, Sandy Spring Bancorp, Netflix, Texas Instruments Incorporated, Steel Dynamics, Canadian National Railway Company, NBT Bancorp, East West Bancorp, Covenant Logistics Group, Inc, Hanmi, National Bank Holdings Corporation, Premier Financial, QCR Holdings, Renasant Corporation, Triumph, Veritex Holdings, ASML, SAP, Textron, Oriental Education, Technology Group, First BanCorp, General Dynamics, OFG Bancorp, Prosperity, TE Connectivity, United Community, Blue Foundry Bancorp, Capitol Federal, HBT, Teledyne Technologies, Business Machines, IBM, Las Vegas Sands Corp, Lam Research, United Rentals, Berkley Corp, Crown, International, Packaging Corporation of America, Seagate Technology plc, CACI, Swift Transportation Holdings, Ameriprise Financial, Concentrix Corporation, First Bank, Liberty Energy, Pathward Financial, Columbia Banking, CSX, American Airlines Group, NextEra Energy Inc, Alaska Air Group, Dow Chemical Co, Valero Energy, Southwest Airlines Co, Nextera Energy, Williams Co, Union Pacific, Applied Industrial Technologies, Mobileye, Northrop Grumman, Comcast, Nokia, TAL Education, McCormick & Company, Intel, Visa Inc, Gallagher, Co, KLA Corporation, Western Alliance, Mobile, L3Harris Technologies, Western, Olin Corporation, American Express Co, Booz, Booz Allen Hamilton Holding, Colgate, Palmolive Co, Norfolk Southern Corporation, Jim Cramer's Charitable, CNBC, Gamble's Locations: Procter &, U.S, China, ZION, Freeport, Kimberly, Las, W.R, Chicago

☆ The S&P 500 tops a record high that ‘clears the charts’ of resistance ahead of a week of earnings, inflation data
▼ + stars: | 2024-01-19 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

The S & P 500 rallied more than 1% on Friday, above both its closing and intraday records that it last reached in January 2022. "Meaning that when a major index like the S & P 500, like the Nasdaq 100, reaches a new all time high, what it does is, it clears the charts of resistance." For 2024, Wald anticipates the S & P 500 will end the year at the 5,400 level, representing a roughly 12% rise from Friday's close of 4,839.81. Inflation data, earnings ahead Next week will also bring the Fed's preferred inflation gauge for December, which is expected to confirm the recent trend of easing inflation. Leading Indicators Tuesday Jan. 23 10 a.m. Richmond Fed Index (January) Earnings: General Electric , Synchrony Financial , D.R.

Persons: it's, Katie Stockton, we've, Oppenheimer's Ari Wald, Wald, Dow Jones, That's, Dave Sekera, Sekera, Jan, Johnson, Lockheed Martin, Lockheed Martin Wednesday Jan, Kimberly, Clark, Northrop Organizations: Fed, Nasdaq, Morningstar Research Services, Richmond Fed, Synchrony, Raytheon Technologies, Verizon Communications, Halliburton, Johnson, Procter, Gamble, Lockheed, Lockheed Martin Wednesday, PMI, SA, PMI Manufacturing SA, PMI Services SA, Abbott Laboratories, Chicago, New, . Kansas City Fed Manufacturing, Northrop Grumman, Southwest Airlines, American Airlines, Comcast, PCE, Norfolk, American, CNBC Locations: Stockton, U.S, Horton, Freeport, McMoRan, . Kansas

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