Boeing Jumps, Warner Brothers Discovery Gains, Philip Morris Drops on Earnings Forecast
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Show Notes
On this episode of Stock Movers:
- Boeing (BA) shares jump after the company said it expects to generate cash again in 2026, a significant reversal in the planemaker’s finances as it prepares to boost monthly production rates and pushes ahead with certification for the much-delayed 777X jetliner.
- Warner Brothers Discovery (WBD) shares gain on news that the company was fielding a second round of bids on Monday, including a mostly cash offer from Netflix Inc., in an auction that could wrap up in the coming days or weeks, according to people familiar with the discussions.
- Philip Morris (PM) shares fall after the company reaffirmed its adjusted earnings per share forecast for the full year. This forecast represents a projected increase of 13.5% to 15.1% versus adjusted diluted EPS of $6.57 in 2024.
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