Happy hump day.
Here's how the markets opened: the Dow was up 256.73, the Nasdaq up 65.41 and S&P 500 was up 15.74.
Boeing's Earnings Bonanza
Real Money Stock of the Day Boeing (BA) - Get Report blasted fourth quarter earnings estimates Wednesday and said it sees record plane deliveries in 2019, sending shares sharply higher. Boeing was up around 6 percent at the opening bell.
TheStreet's Martin Baccardax reported on the earnings.
"Across the enterprise our team delivered strong core operating performance and customer focus, driving record revenues, earnings and cash flow and further extending our global aerospace industry leadership in 2018," said CEO Dennis Muilenburg. "Our financial performance provided a firm platform to further invest in new growth businesses, innovation and future franchise programs, as well as in our people and enabling technologies."
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- Jim Cramer's Reaction to Boeing, Apple and AMD Earnings
- Flying Into the Future: A Boeing Timeline
The Good Apple
Apple Inc. (AAPL) - Get Report shares opened over 4 percent higher after the world's most valuable tech company posted stronger-than-expected quarterly earnings and hinted that cooling U.S.-China trade tensions would support international sales growth over the near term.
After cautioning investors earlier this month that sales over the three months ending in December, the company's fiscal first quarter, would slow to around $84 billion thanks in part to tepid China growth, Apple posted modestly stronger earnings and revenue for the period, including a robust margin for its fast-growing services division, and said current-quarter sales would likely match the Street consensus of around $59 billion.