Amazon reported sharply lower earnings, but its results were good enough for at least five analysts to raise their price targets for Amazon’s stock. Boeing’s net beat estimates and it’s sticking with its production plans for the 787 Dreamliner, despite the current grounding of the fleet worldwide.
The airplane maker beat expectations thanks to strong commercial aircraft sales in the third quarter. Boeing also boosted its full-year outlook, sending its shares flying more than 2% higher.
The first peak week of reports was just what the market ordered, thanks to some beat-and-raise results from Dow blue chips. This week has more big names on tap. And again, jittery investors will be looking closely, especially for revenue growth. [With video]
