Boeing Restarts 737 MAX Shipments to China
The Boeing Company (NYSE:BA) is one of the best Dow stocks to invest in.
On June 9, a Boeing 737 MAX aircraft landed in China, marking what appears to be the resumption of deliveries to Chinese airlines after a pause linked to trade tensions between the US and China. Flight tracking data showed the jet, painted in Xiamen Airlines livery, arrived at Boeing's Zhoushan completion center near Shanghai after departing from Seattle and stopping in Hawaii and Guam to refuel.
The Boeing Company (NYSE:BA) had suspended deliveries to China in April when both countries escalated tariffs. However, the company indicated in late May that shipments would restart in June, following a temporary 90-day easing of those tariffs.
The same aircraft had initially been ferried to Zhoushan in March but was sent back to the US in mid-April after Chinese airlines halted acceptance of new Boeing jets. According to Flightradar24, it was the first of at least three planes returned by Boeing from Zhoushan that month.
China accounts for about 10% of The Boeing Company (NYSE:BA)'s commercial order backlog and remains a key market for the manufacturer. Talks between Chinese and US officials on a potential trade agreement are set to take place in London.
The Boeing Company (NYSE:BA), Xiamen Airlines, and the Civil Aviation Authority of China did not immediately comment on the resumed delivery.
Previously, Boeing had stated that due to tariffs, Chinese customers had declined to take delivery of new jets, prompting the company to consider reselling dozens of aircraft, though none were redirected. The company had forecast delivering 50 planes to China over the rest of the year, with 41 already built or in production.
While we acknowledge the potential of BA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: and
Disclosure. None.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
11 minutes ago
- Yahoo
Popular stock crashes 20% in a day after surprising news
Popular stock crashes 20% in a day after surprising news originally appeared on TheStreet. GameStop's (NYSE: GME) stock price declined 20.98% in the past 24 hours, following the announcement of its plan to offer $1.75 billion in convertible senior secured notes. These notes are convertible, meaning the debt can be later converted into shares of the company's stock. GameStop announced in March that it would adopt a new business model, which included making investments in "Bitcoin as a treasury reserve asset." As per Fortune, the company did not specify Bitcoin as a reason for raising the capital. Still, it stated on Wednesday that the money would enable it to accelerate its transformation further as it seeks to create value in the video game industry through upgrades to its e-commerce capabilities and infrastructure, further developing its U.S. distribution network, and hiring talent to support growth and drive its product offerings. GameStop was trading at $22.38 at the time of writing, a fall of 36% from its 52-week high of $35.01 in May 2025. The sell-off has occurred despite the company beating Wall Street's estimates for both gross margin and earnings per share, while also reporting positive free cash flow. This update, however, came as part of a more extended slump across the broader set of crypto markets. According to Kraken's price feed, Bitcoin fell 2% to approximately $107,560 as traders took profits and responded to warnings of a potential correction. Although GameStop's Bitcoin play is a sign of a strategic pivot to alternative assets, it was insufficient to assuage markets regarding the long-term viability of its core retail business. The firm also stated that first-quarter sales declined 17% due to weak demand for gaming hardware and software. Popular stock crashes 20% in a day after surprising news first appeared on TheStreet on Jun 12, 2025 This story was originally reported by TheStreet on Jun 12, 2025, where it first appeared. Sign in to access your portfolio
Yahoo
12 minutes ago
- Yahoo
Exploring Three High Growth Tech Stocks in Asia
As global markets experience shifts, with small-cap stocks leading gains and technology sectors outperforming due to positive sentiment around AI-related advancements, Asia's tech landscape is drawing significant attention. In this context, identifying high-growth tech stocks involves looking for companies that can leverage emerging technologies and navigate the broader economic climate effectively. Name Revenue Growth Earnings Growth Growth Rating Suzhou TFC Optical Communication 29.78% 30.32% ★★★★★★ Shengyi Electronics 22.99% 35.16% ★★★★★★ Shanghai Huace Navigation Technology 24.44% 23.48% ★★★★★★ Fositek 26.71% 33.90% ★★★★★★ Range Intelligent Computing Technology Group 27.31% 28.63% ★★★★★★ Nanya New Material TechnologyLtd 22.72% 63.29% ★★★★★★ eWeLLLtd 24.95% 24.40% ★★★★★★ PharmaResearch 24.40% 25.85% ★★★★★★ Global Security Experts 20.56% 28.04% ★★★★★★ JNTC 54.24% 87.93% ★★★★★★ Click here to see the full list of 494 stocks from our Asian High Growth Tech and AI Stocks screener. We'll examine a selection from our screener results. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Beijing Yuanlong Yato Culture Dissemination Co., Ltd. operates in the cultural dissemination industry with a market capitalization of CN¥5.94 billion. Operations: The company is engaged in the cultural dissemination sector, focusing on providing products and services that cater to this industry. Beijing Yuanlong Yato Culture DisseminationLtd. is navigating a transformative phase, with first-quarter sales jumping to CNY 685.17 million from CNY 593.71 million year-over-year, despite a slight dip in net income to CNY 24.77 million from CNY 28.71 million. This performance underscores a robust annual revenue growth rate of 15.4%, positioning the company favorably against the broader Chinese market's growth rate of 12.3%. Looking ahead, the firm is expected to pivot into profitability within three years, buoyed by an anticipated earnings growth of approximately 76.9% annually—a testament to its strategic focus and operational adjustments amid high market volatility and competitive pressures in the tech sector. Delve into the full analysis health report here for a deeper understanding of Beijing Yuanlong Yato Culture DisseminationLtd. Explore historical data to track Beijing Yuanlong Yato Culture DisseminationLtd's performance over time in our Past section. Simply Wall St Growth Rating: ★★★★★☆ Overview: Rakus Co., Ltd. operates in Japan offering cloud services through its subsidiaries, with a market capitalization of ¥427.83 billion. Operations: The company generates revenue primarily from its Cloud Business, which accounts for ¥41.86 billion, and also engages in IT Outsourcing with a contribution of ¥7.06 billion. Rakus Co., Ltd. is demonstrating robust growth in the competitive software industry, with a notable annual revenue increase of 15.6% and earnings growth surging by 91.2% over the past year, outpacing the industry's average of 11.6%. The company's strategic share buybacks, repurchasing shares for ¥1,999.85 million recently, reflect its commitment to enhancing shareholder value and capital efficiency. With R&D expenses aligned closely with revenue growth trends, Rakus invests strategically to fuel innovation and maintain its market edge in a rapidly evolving tech landscape. Looking forward, Rakus anticipates continued strong performance with projected earnings growth at an impressive rate of 23.5% annually and an expected rise in dividends from JPY 4.50 per share to JPY 6.50 next year, signaling confidence in sustained profitability and financial health. Take a closer look at Rakus' potential here in our health report. Examine Rakus' past performance report to understand how it has performed in the past. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Chenbro Micom Co., Ltd. is involved in the R&D, design, manufacture, processing, and trading of computer peripherals and expendable systems across various international markets including the United States, China, Taiwan, and Singapore with a market cap of NT$46.28 billion. Operations: Chenbro Micom generates revenue primarily from the computer peripherals segment, amounting to NT$15.90 billion. The company operates across multiple international markets, focusing on research and development, design, and manufacturing processes. Chenbro Micom is capturing attention in the tech sector with its recent performance and strategic initiatives. The company reported a significant earnings surge, with first-quarter net income climbing to TWD 666.8 million from TWD 364.92 million year-over-year, reflecting a robust growth rate of 57.1%, which surpasses the industry average of 12.3%. This financial uptrend is supported by a revenue jump of 22.1% per annum, outpacing the Taiwan market's growth of 9.4%. At COMPUTEX 2025, Chenbro showcased its innovative AI server solutions and strategic partnerships with industry giants like NVIDIA, underscoring its commitment to R&D and manufacturing prowess in high-demand tech sectors such as cloud computing and AI applications. Dive into the specifics of Chenbro Micom here with our thorough health report. Evaluate Chenbro Micom's historical performance by accessing our past performance report. Embark on your investment journey to our 494 Asian High Growth Tech and AI Stocks selection here. Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools. Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SZSE:002878 TSE:3923 and TWSE:8210. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Business Wire
19 minutes ago
- Business Wire
Hercules Capital Renews and Increases Its Credit Facility with MUFG Bank, Ltd. to $440.0 Million
SAN MATEO, Calif.--(BUSINESS WIRE)-- Hercules Capital, Inc. (NYSE: HTGC) ('Hercules' or the 'Company'), the largest and leading specialty finance provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has upsized and renewed its existing $400.0 million credit facility with MUFG Bank, Ltd. ('MUFG') with an upsized credit facility under which Goldman Sachs Bank USA, Autobahn Funding Company LLC, City National Bank, a National Banking Association, Umpqua Bank, Valley National Bank, Citizens Bank, N.A., Zions Bancorporation, N.A., dba California Bank & Trust and Mitsubishi HC Capital America, Inc. together with MUFG, have committed a total of $440.0 million in credit capacity subject to borrowing base, leverage and other restrictions. The upsized and renewed credit facility continues to include an uncommitted accordion feature expandable up to $600.0 million. The renewed credit facility matures in June 2029. 'The renewal and increase of our credit facility with MUFG will further support the growth of our business and allow us to take advantage of our current and future market opportunities,' said Seth Meyer, chief financial officer of Hercules. 'We welcome the new lenders to the group and thank our existing bank partners for their support of our industry-leading franchise and look forward to continuing our long-term relationship.' For additional information, please review the Company's current report on Form 8-K, to be filed with the Securities and Exchange Commission ('SEC'). About Hercules Capital, Inc. Hercules Capital, Inc. (NYSE: HTGC) is the leading and largest specialty finance company focused on providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies in a broad variety of technology and life sciences industries. Since inception (December 2003), Hercules has committed more than $22 billion to over 680 companies and is the lender of choice for entrepreneurs and venture capital firms seeking growth capital financing. Companies interested in learning more about financing opportunities should contact info@ or call (650) 289-3060. Hercules, through its wholly owned subsidiary business, Hercules Adviser LLC (the 'Adviser Subsidiary'), also maintains an asset management business through which it manages investments for external parties ('Adviser Funds'). The Adviser Subsidiary is registered as an investment adviser under the Investment Advisers Act of 1940. Hercules' common stock trades on the New York Stock Exchange (NYSE) under the ticker symbol 'HTGC.' In addition, Hercules has one retail bond issuance of 6.25% Notes due 2033 (NYSE: HCXY). Forward-Looking Statements This press release may contain 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. We may use words such as 'anticipates,' 'believes,' 'expects,' 'intends,' 'will,' 'should,' 'may' and similar expressions to identify forward-looking statements. Forward-looking statements are not guarantees of future performance and should not be relied upon in making any investment decision. Such statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties that could cause actual results to differ materially from our historical experience and our present expectations. While we cannot identify all such risks and uncertainties, we urge you to read the risks discussed in our Annual Report on Form 10-K and other materials that we publicly file with the Securities and Exchange Commission. Any forward-looking statements made in this press release are made only as of the date hereof. Hercules assumes no obligation to update any such statements in the future.
