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Boeing faces financial struggles (again)


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Boeing expects negative cash flow in 2024 due to manufacturing issues. T-Mobile to purchase U.S Cellular's assets for $4.4 billion, gaining over 4 million customers. U.S house price growth slowed in March due to rising mortgage rates. Wall Street hits records amid expectations of U.S central bank interest-rate cuts. Nasdaq hits 17,000 for the first time, boosted by Nvidia. Stocks lose ground as U.S Treasury yields climb. GameStop rises 25%, DraftKing falls over 10%, Apple remains steady. Insmed stocks surge 119% on positive Phase 3 study results.


Bulletin Brief:

Boeing expects a 2024 cash burn and slow recovery of airplane deliveries amid crisis (CNBC)

T-Mobile plans to buy almost all of U.S Cellular in $4.4 billion deal (AP)

U.S house price inflation slows in March (Reuters)

Nasdaq closes above 17,000; S&P closes up, Dow down (Reuters)

What stocks moved the most today? (Barron’s)

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c2storiesBy Current2