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1 day ago | 
benzinga.com | Akanksha Bakshi
General Dynamics Corp GD stock is trading lower on Wednesday after the company reported first-quarter fiscal 2025 results. Revenue for the quarter increased 13.9% year over year to $12.223 billion, beating the consensus of $11.99 billion. EPS was $3.66 (up 27.1% YoY), above the consensus of $3.47. Operating earnings increased 22.4% YoY to $1.268 billion, and the margin improved 70 bps to 10.4%.
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1 day ago | 
benzinga.com | Akanksha Bakshi
Boeing Co BA stock soared on Wednesday following the company’s stronger-than-expected first-quarter 2025 results. Revenue increased 18% year over year to $19.496 billion, beating the consensus of $19.43 billion. Adjusted loss per share improved to 0.49 cents from $1.13 in the same quarter of 2024. It beat the consensus of a $1.27 loss per share.
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1 day ago | 
benzinga.com | Akanksha Bakshi
SolarBank Corporation SUUN announced the Forest Hill Rd project on Wednesday. This 4.584 MW DC ground-mount solar project in upstate New York is expected to power 540 homes. With the site lease secured and the interconnection study underway, the project strengthens SolarBank's development pipeline, which now exceeds one gigawatt, and reinforces its commitment to community solar.
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1 day ago | 
benzinga.com | Akanksha Bakshi
On Tuesday, April 22, U.S. markets closed higher, driven by strong earnings reports and indications of de-escalating U.S.-China trade tensions. President Trump’s remarks, including backing Fed Chair Powell and signaling tariff cuts following a trade deal, sparked a rally. The S&P 500 surged 2.5%, with tech giants like Amazon, Nvidia, and Apple leading the gains. However, ongoing trade uncertainties continue to weigh on economic growth projections.
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2 days ago | 
benzinga.com | Akanksha Bakshi
The company reported net sales of $20.31 billion, up 5% year-over-year and 8% organically, surpassing the Street estimate of $19.79 billion. Adjusted earnings per share rose 10% to $1.47, beating the consensus of $1.35. RTX’s operating cash flow for the quarter totaled $1.3 billion, and its free cash flow stood at $0.8 billion.
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2 days ago | 
benzinga.com | Akanksha Bakshi
Halliburton Company (NYSE:HAL) shares are trading lower after the company reported first-quarter 2025 results. The decline follows CEO Jeff Miller’s commentary during the earnings call, during which he noted that international revenue is expected to be flat or slightly lower year-over-year. Additionally, he projected a second-quarter earnings impact of $0.02 to $0.03 per share due to ongoing trade challenges.
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2 days ago | 
in.benzinga.com | Akanksha Bakshi
GE Aerospace GE shares are trading higher in the premarket on Tuesday after it reported first-quarter 2025 adjusted revenue growth of 11% year-over-year to $9 billion, in line with the consensus of $9 billion. GAAP revenue was $9.935 billion (+11% YoY). Total orders increased 12% YoY to $12.3 billion, with Commercial Engines & Services +15% YoY and Defense & Propulsion Technologies flat.
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2 days ago | 
benzinga.com | Akanksha Bakshi
On Monday, April 21, U.S. markets closed lower as President Trump intensified his criticism of Federal Reserve Chair Jerome Powell, raising fresh concerns over the central bank’s independence. Tech stocks led the sell-off, pulling all major indexes into negative territory. Ongoing trade tensions with China weighed on investor sentiment while anticipation built around upcoming corporate earnings reports.
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3 days ago | 
benzinga.com | Akanksha Bakshi
On Monday, HEICO Corporation HEI announced that it had acquired Rosen Aviation, LLC, for an undisclosed cash consideration. HEICO's subsidiary, Mid Continent Controls, Inc. (MC2), finalized the deal, with financial specifics remaining confidential. HEICO expects the transaction to boost its earnings in the year following the acquisition. This move marks HEICO's fourth acquisition in the past six months, further consolidating its position in the aviation industry. HEICO reports.
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3 days ago | 
benzinga.com | Akanksha Bakshi
Upexi Inc.’s UPXI stock skyrocketed on Monday after the company announced it had raised approximately $100 million through securities purchase agreements with a group of investors. The deal involves the sale of 43,859,649 shares of common stock, or pre-funded warrants instead of shares, priced at $2.28 per share. The company plans to allocate the funds for working capital and debt reduction and establish its Solana treasury operations to expand into the cryptocurrency space.
