Here’s why Supreme Court justices are allowed to trade stocks

The US Supreme Court is in the spotlight following its decision to overturn Roe v. Wade and to allow the concealed carrying of a firearm in New York. Those rulings are happening at a time when more experts are calling for reforms to the nation’s highest court. “The Supreme Court is in drastic need of … Read more

Hackers can now bring cargo ships and planes to a grinding halt

Container cargo ships sit off shore from the Long Beach / Los Angeles port complex in Long Beach, CA, on Wednesday, October 6, 2021. Jeff Gritchen | MediaNews Group | Getty Images Armed with little more than a computer, hackers are increasingly setting their sights on some of the biggest things that humans can build. … Read more

Apple, Dow, Amazon, CVS, Roblox, Netflix

Here are Friday’s biggest calls on Wall Street: Goldman Sachs upgrades Utz to buy from neutral Goldman said investors should buy the dip in shares of the snacks company. “We upgrade Utz to Buy, as we see an above average top and bottom line growth outlook given the company’s strong position in the attractive salty … Read more

Boeing, Dollar General, FedEx, Apple, Amazon, Uber & more

Here are Thursday’s biggest calls on Wall Street: Citi upgrades Boeing to buy from neutral Citi said it sees several positive catalysts ahead for Boeing. “We believe 787 deliveries will resume shortly. Similarly, last year, the Chinese authorities agreed what modifications and training are required to return the 737MAX to commercial service.” Read more about … Read more

Boeing is a high risk buying opportunity that could soar 56% from here, Citi says

Boeing shares could soar 56% from here if the company’s three commercial aircraft programs maintain projected levels of profitability – though the buying opportunity is high risk, according to Citi. Analyst Charles Armitage upgraded shares of Boeing to buy / high risk from neutral, saying in a Thursday report that the outlook for the company’s … Read more

Moderna, Robinhood, Snowflake and more

Here are the company’s making headlines in midday trading: Moderna – The biotech stock jumped 7% after a Food and Drug Administration committee voted to recommend Moderna’s Covid vaccine to children ages six through 17. The FDA is expected to authorize vaccines for children later this week. Robinhood – Shares of the retail brokerage fell … Read more

Boeing plane deliveries total 35 in May as it grapples with supply chain problems

A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle, Washington, June 29, 2020. Karen Ducey | Reuters Boeing said Tuesday it delivered 35 planes in May, on par with the previous month as it grappled with supply chain issues affecting its bestselling 737 Max jetliner. The manufacturer booked gross … Read more

DOJ moves to seize 2 planes from Russian oligarch Roman Abramovich

Chelsea owner Roman Abramovich is seen on the stand during the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge on December 19, 2015 in London, England. Clive Mason | Getty Images A federal judge in New York on Monday signed a warrant authorizing the seizure by the Justice Department of two jets … Read more

Netflix, Snap, Tesla, Home Depot, GameStop

Here are Thursday’s biggest calls on Wall Street: Piper Sandler downgrades Pinterest and Snap to neutral from overweight Piper downgraded Pinterest and Snap due to slowing digital ad growth. “After a strong two-year stretch, digital ad spend looks to be normalizing. Group multiples have declined and are ~ 40% off recent highs, but history suggests … Read more

United Airlines plans $100 million expansion of pilot training center

A United Airlines passenger aircraft prepares to leave its gate and taxi to the runway at San Francisco International Airport in San Francisco, California. Robert Alexander | Getty Images United Airlines plans to break ground Wednesday on an expansion of its training center in Denver, an initiative aimed at getting thousands of pilots ready to … Read more