Boeing 737 MAX 10 Certification Delayed; Nvidia Authorizes $150 Billion Buyback

Zacks Investment Research··US·Read original
3▲1 ▼3Impact / 5
Summary · why it matters

The U.S. FAA said certification of Boeing's 737 MAX 10 will be delayed due to newly found software glitches, sending Boeing shares down 6.9%. Nvidia management announced authorization of a $150 billion share buyback, the biggest-ever amount in its history, and the stock rose 1.7%. Newmont shares slid 4.4% after precious metal prices fell 3% on soaring yields on U.S. government bonds. United Airlines shares fell 2.2% as crude oil prices maintained their northward journey.

Impact on assets 4

Defense & Geopolitical Fragmentation▼ · 1 stocks
The Boeing Company
BA
▼ NegativeRegulationrelevance

FAA delayed 737 MAX 10 certification due to newly found software glitches, sending Boeing shares down 6.9%.

Artificial Intelligence▲ · 1 stocks
NVIDIA Corporation
NVDA
▲ PositiveCapitalrelevance

Nvidia authorized a $150 billion share buyback, the biggest in its history.

Critical Materials & Supply Chain▼ · 1 stocks
Newmont Goldcorp Corp
NEM
▼ NegativeMonetaryrelevance

Newmont slid 4.4% after precious metal prices fell 3% on soaring U.S. government bond yields.

Industrials▼ · 1 stocks
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