The low-cost Irish airline Ryanair (RYAAY) - Get Ryanair Holdings Plc Sponsored ADR Report is in talks with Boeing (BA) - Get Boeing Company Report about placing an order for its proposed new 737 MAX 10 aircraft, according to Reuters.
Boeing is expected to debut what would be its largest version of this 737 MAX medium-haul jetliner at the opening of the Paris air show next week.
Boeing has declined to comment on the report, while a Ryanair spokesman said the airline would not comment on "rumor or speculation."
Shares of Boeing were climbing during early afternoon trading on Tuesday.
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Nvidia underwent a "key reversal" on Friday that could send the stock plunging another 36%, BMO technical analyst Russ Visch said in a new note. Visch points out that normally, these pullbacks tend to lead to the stock falling back to its 200-day moving average. In the case of Nvidia, the 200-day moving average is $96.70, or $36% below Monday's closing price of $149.97. "Considerable downside risk exists here," said Visch.
On Friday, shares of Nvidia were off to another big rally, hitting new all-time highs of $168.50 following an analyst pontificating the stock could surge to $300. But the party abruptly ended Friday afternoon and continued into most of Monday's trading session. The reversal in one of the hottest tech stocks around spooked the market, pressuring shares of other high-flyers in the space such as Amazon (AMZN) - Get Amazon.com, Inc. Report and Apple (AAPL) - Get Apple Inc. (AAPL) Report .
Apple and innovation: The reality of the here and now is that the public and would-be buyers of Apple's stock harbor greater doubts about Apple's ability to innovate than in many years, reportsTheStreet. Apple did nothing to quiet those concerns by introducing its new voice activated speaker, sources explained to TheStreet.
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