Boeing Considers New Jet Tech

Boeing has reportedly begun planning for its next-generation airplane. The design could mark a departure from the aviation industry’s reliance on “tube-and-turbofan” design. ✈️

According to Bloomberg, Boeing is in the extremely early days of developing the new airliner. Boeing’s European competitor, Airbus, is reportedly considering a fleet of hydrogen-powered aircraft, while engine players such as General Electric and Rolls Royce are trying to stay relevant by working on “several futuristic engine technologies” that would cut fuel consumption to the score of double-digits.

Ultimately, new designs might be a “wait and see” for Boeing, which claims the company is “not resting and standing still.” Novel, unproven technology could be a risky choice for a company with a record of building planes that fall out of the sky and cutting quality assurance corners. 😬 On the other hand, an innovative, game-changing solution for airlines could revolutionize the industry, putting Boeing’s star back in the sky. 🌟

$BA is down 3.7% over the last year. The company has gained just 16.8% in the past five years.

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FanDuel Parent Lists On NYSE

The U.S. “degenerate economy” is getting its latest entrant, with FanDuel parent company Flutter Entertainment making its debut on the New York Stock Exchange (NYSE) today. 🤩

With that said, the company did not receive the traditional fanfare it would in a standard initial public offering (IPO). That’s because it was listed on the London Stock Exchange (LSE) in May 2019, and its American depository receipts (ADR) have traded over the counter under the ticker $PDYPY for years.

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Trouble Continues For Telecoms

We last talked about Telecom stocks about six months ago, when their stocks came under significant pressure due to slowing growth, competition concerns, and regulatory issues. We then discussed them in October when investors dumped defensive stocks for higher-yielding treasuries with no risk.

Prices have since rebounded sharply with the broader market as investors priced in Fed rate cuts this year. However, Verizon was back in the news today for a not-so-great reason. Let’s dig in. 👇

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Musk Threatens Tesla’s AI Ambitions

The primary bull case for Tesla is that it’s not an automobile company but a technology one. Part of the reason it’s able to command such a high valuation relative to its peers is because of that technology’s potential business impact way down the line, especially as it introduces newer developments like artificial intelligence (AI).

However, that bull case is facing an unlikely opposition…from Elon Musk himself. 🤦

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$LUNR Reaches A “Tipping Point”

One of the top stories in the market over the last 24 hours has been Intuitive Machines’, which trades under the ticker symbol $LUNR. 📻

The space exploration company’s Nova-C cargo moon lander known as “Odysseus” became the first privately developed spacecraft to land on the lunar surface. It was also the first U.S. spacecraft to soft-land on the moon in over 50 years. 🌝

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