Boeing Slides on Delivery Target Cut, Hilton Falls, UPS Gains
· 4:15
Episode Boeing Slides on Delivery Target Cut, Hilton Falls, UPS Gains
Today's biggest gainers and decliners in the stock market.
On this episode of Stock Movers:
• Boeing (BA) cut its full-year aircraft delivery target and said it needs more time to accommodate higher production rates, a surprise reversal that sent the stock tumbling to an 18-month low. The shares dropped as much as 10%, the most since April 2025. The dramatic market reaction shows how investors remain on edge about Boeing’s recovery after years of struggles to get the planemaker back on track. • Hilton (HLT) reported third-quarter earnings that beat expectations after the World Cup kicked off a strong travel season in the US. The company reported adjusted earnings per share of $2.45, higher than the average analyst estimate of $2.36 in data compiled by Bloomberg. Despite this, shares of Hilton fell. • UPS (UPS) boosted its financial guidance for the year above Wall Street’s estimates, suggesting the courier expects to benefit from high prices and resilient demand through the holiday season.
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