All articles tagged with #orders
Boston Scientific disclosed a cyberattack that disrupted its IT systems and global order-processing/shipping, with the full impact still unknown. The company activated response protocols and is investigating with third‑party cybersecurity experts, while its stock slid on the news and executives assess potential material impacts amid a wave of medtech cyber incidents.
GE Vernova stock fell about 6% after a quarter in which earnings missed estimates despite revenue beating and orders surging 88% to $24.2 billion led by Power and Electrification; wind orders dropped about 40% due to higher offshore project costs, weighing on margins. The company lifted 2026 revenue guidance to $45.5–$46.5 billion and reported a backlog of $176 billion, with its HA gas turbine fleet surpassing 4 million operating hours (130 units commissioned in 21 countries and 195 under contract), underscoring AI-driven demand for power infrastructure but wind remains a drag.
GE Vernova beat expectations with Q2 EBITDA of $1.2 billion on $11.1 billion in sales and lifted its 2026 guidance to about $46 billion in sales and $6 billion in EBITDA, backed by $24.2 billion in orders (up 88% YoY) and a $176 billion backlog. Despite the beat and continued order strength, the stock fell after the report as investors weighed AI-driven demand against broader AI sentiment risk and near-term price action.
Super Micro Computer (SMCI) rebounded in after-hours trading after a 28% regular-session drop tied to a $7 billion equity offering intended to fund about $39 billion of new AI server orders from around 20 customers. Retail traders on StockTwits debated whether the orders are credible and whether dilution could hurt shareholders, a concern heightened by a March indictment of a co-founder. Despite the rebound, the stock remains down for 2026 amid broader market jitters and other headlines such as the SpaceX IPO backdrop.
Boeing outsold Airbus on gross orders in 2025 for the first time this decade, booking 1,075 gross orders (Airbus: 1,000) as countries rushed to buy US aircraft to curry favor with the Trump administration. Boeing delivered 600 commercial jets, while Airbus delivered 793, and the backlog climbed to about 6,130. The turnaround has been aided by FAA relief allowing Boeing to certify its own jets again and by the Spirit AeroSystems acquisition, with large orders from carriers like Alaska Airlines helping late-year momentum.
ASML reported strong third-quarter orders and provided an optimistic outlook for 2026, leading to a 2.7% rise in its stock price. Despite mixed quarterly earnings, the company's net bookings surged 105% year-over-year, and it expects sales to at least match 2025 levels in 2026, although sales in China are expected to decline. ASML's advanced lithography equipment is crucial for cutting-edge chip manufacturing, especially for AI applications.
Airbus announced nearly $10 billion in orders at the Paris Air Show, overshadowed by the recent Air India crash involving Boeing, which led to reduced Boeing presence at the event. Major deals included orders from Saudi Arabian leasing company AviLease, Riyadh Air, and Polish airline LOT, highlighting ongoing industry challenges such as supply chain issues and the impact of recent aviation accidents.
ASML Holding NV, Europe’s most valuable technology firm, experienced a 61% drop in orders in the first quarter, missing analyst estimates, as major chipmakers like TSMC and Samsung held off on purchasing the Dutch company’s advanced machines due to a slowdown in demand for hardware used in smartphones, computers, and cars. The decline in orders, particularly for its top-end extreme ultraviolet machines, led to a 4.1% drop in ASML shares. The company also forecasted sales below analyst expectations for the current quarter, citing a weaker industry outlook. Geopolitical pressures and export control measures targeting China's chip ambitions further impacted ASML's sales, while the incoming CEO faces the challenge of balancing these pressures and satisfying shareholders.
Despite frustrations with Boeing's safety crisis and delivery delays, airlines have limited alternatives in the tight market for large aircraft. Carriers are negotiating new plane orders to leverage Boeing's delays for better terms, using orders of one type of plane as a placeholder to possibly take deliveries of a different model. United Airlines is seeking better deals for other planes in light of Boeing's MAX 10 problem, while American Airlines secured options to convert MAX 10 orders into other models and financial compensation for delivery delays. Transitioning away from Boeing is challenging for airlines like Southwest, and Airbus' order book is full through 2030, leaving airlines with little choice but to stick with Boeing for now.
Boeing's airplane deliveries in February slipped to 27, down from 28 in the same month last year, as the U.S. planemaker faces production constraints due to the grounding of the 737 MAX 9 and supply chain stability issues. The company has delivered 54 airplanes so far this year, including 42 MAX jets, and received 15 new orders in February, bringing the gross total to 18 for the year. After accounting adjustments, Boeing reported adjusted net orders of 19 airplanes. Meanwhile, European rival Airbus posted 33 gross orders and 79 aircraft deliveries in the first two months of the year.
China's home-grown C919 passenger jet made its international debut at the Singapore Airshow, securing 40 orders from Tibet Airlines and Henan Civil Aviation Development Investment Group. The aircraft, designed to compete with Boeing's 737 and Airbus' A320, is part of China's efforts to increase self-reliance in commercial jet manufacturing. The C919's appearance at the airshow highlights the ongoing progress in the development of China's commercial aircraft, with the majority of orders coming from Chinese airlines.
Apple has reportedly reduced OLED iPad Pro orders by 20-30%, signaling a more cautious sales outlook. The company is expected to upgrade the iPad Pro to OLED from IPS LCD with miniLED backlighting, with a spring launch anticipated. The use of advanced OLED technology may lead to price increases. This decision is likely to impact suppliers in the supply chain such as LG Display, TSMC, Foxconn, and Novatek.
Durable goods new orders in the US fell by 5.4 percent in October, but the headline number is not as bad as it seems due to wild swings in aircraft orders. Excluding transportation, new orders were virtually unchanged, while shipments of durable goods decreased by 0.9 percent. Motor vehicles and parts, as well as core capital goods, were down for two consecutive months. Inflation, particularly in rent and food prices, continues to impact the economy.
Boeing shares surged 4% after reports suggested that China may lift its freeze on purchases of the 737 MAX aircraft, which has been in place for over four years. This news, combined with bumper jet orders from Middle Eastern airlines at the Dubai Airshow, boosted investor optimism. Boeing also secured orders for 125 widebody jets worth over $50 billion from Emirates and flydubai. The potential reopening of the Chinese market and the contracts at the Dubai Airshow are seen as positive signs for Boeing, which has underperformed in recent months.
According to a report, Hamas fighters have been given orders to "kill as many people as possible" during the recent conflict in the Middle East. The directive highlights the group's disregard for civilian lives and their intention to cause maximum harm.