economy

Why we like Boeing's latest deal

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Why we like Boeing's latest deal

TL;DR

  • Stocks were mixed as geopolitical tensions and rising oil prices pressured the market.
  • Intel's $15 billion stock offering was viewed as dilutive but also a sign of strong business demand, leading the CNBC Investing Club to buy more shares.
  • Boeing is selling three subsidiaries to Archer Aviation for a stake in the company, aligning with a strategy to focus on core operations and production.
  • Cardinal Health's upcoming earnings report will be closely watched, especially its fiscal 2027 guidance, with expectations of significant EPS growth.
  • Investor focus is also on the upcoming consumer price index data and its potential impact on Federal Reserve interest rate decisions.