Stock Movers: Boeing, GE, Oracle
On this episode of Stock Movers: - Boeing (BA) shares are lower this morning as a Boeing 787 Dreamliner aircraft operated by Air India crashed shortly after taking off in Ahmedabad, with 242 passengers and crew on board, and no reports of survivors. The crash occurred in a residential area and is considered one of the worst accidents involving the 787 Dreamliner, with Indian Prime Minister Narendra Modi calling it "heartbreaking beyond words". - General Electric (GE) shares are following Boeing lower on the plane crash in India. The Boeing plane that crashed was powered by two General Electric Co. GEnx engines. GE Aerospace said in a post on X that it is assembling an emergency response team to go to India to support the investigation. - Oracle shares (ORCL) jumped today after the software company reported fourth-quarter results that beat expectations as demand for AI infrastructure remains strong. Analysts were especially positive on remaining performance obligations (RPO). The CEO said she sees 'dramatically higher' revenue growth in fiscal 2026.
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