The Dow Jones Industrial Average will see a handful of significant changes on Monday morning, but that, perhaps, change in how it will be calculated, will be the most important for Wall Street in the near term. Starting Monday’s opening, the so-called divisor – the figure used to determine the …
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SpaceX is reaping profits this year, solidifying its role in the top tier of space companies operating in the US today – and impressing the rest of the sector in a new era of space flight. Why it matters: Instead of staying the young upstart that breaks all the rules, …
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Text size Shares in commercial airline Boeing shares were up 5% Monday afternoon, adding 57 points to the Dow Jones Industrial Average’s 330 points gain, making it the largest single participant in the Dow index. The reason for this is the Boeing stock market (ticker: BA) is obviously Covid-related. The …
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Amazon also posted record profits on Thursday. AFP / Getty Images Amazon.com Inc. obtained approval from the Federal Communications Commission to build a $ 10 billion satellite internet network that would rival SpaceX’s Starlink network. In documents released Thursday, the FCC authorized Amazon’s request to build a network of more …
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Shares in General Electric Co. sank into volatile operations on Wednesday after the diversified industrial conglomerate said it suffered “general” weakness in the second quarter and indicated that its aviation business could take years to recover from the effects of the pandemic. COVID-19. The GE stock, -4.35% It took a …
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