Industrials(IN00396.US)

Last Updated 19:00:00 ET
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China vows to develop space tourism, explore deep space as it races US

China's main space contractor, CASC, plans to develop space tourism within five years, aiming to compete with the U.S. in commercial space exploration. The initiative includes suborbital and orbital space tourism, alongside building advanced space infrastructure. China seeks to become a leading space power by 2045, despite challenges in reusable rocket technology. The country aims to launch around 200,000 satellites in the next 14 years and has established a new School of Interstellar Navigation to cultivate talent for deep space exploration. This move reflects China's ambition to dominate space and establish international standards.

Reuters·
SZ
159227
-0.34%
US
SPCE
-3.81%
SH
563380
-0.55%
Reuters·
SZ
159227
-0.34%
US
SPCE
-3.81%
SH
563380
-0.55%

AirAsia nears deal for 100 Airbus A220 jets in expansion push

AirAsia is nearing a deal to order around 100 Airbus A220 jets as part of its expansion strategy, with an announcement expected soon. This would mark the largest single purchase of A220 aircraft to date. The airline, which is expanding after restructuring during the pandemic, is also considering increasing the order to 150 jets. AirAsia plans to launch a Middle East hub in Bahrain this year, enhancing its operations beyond Asia. The A220's smaller size allows access to smaller airports, addressing markets with lower demand for larger jets.

Businesstimes News·
US
EUAD
-2.30%
DE
AIR
0.00%
US
AIR
-1.34%
Businesstimes News·
US
EUAD
-2.30%
DE
AIR
0.00%
US
AIR
-1.34%

BUZZ-GE Vernova T&D India jumps on Q3 profit surge

Shares of GE Vernova T&D India surged 8.8% to 3,162 rupees following a 17.1% increase in Q3 profit, reaching 2.91 billion rupees, with revenue up 58% year-on-year. The company reported a 41% rise in Q3 order bookings at 29.4 billion rupees. PhillipCapital noted strong order momentum, particularly in central utilities and the Tariff Based Competitive Bidding pipeline, indicating a robust outlook for FY27. Analysts maintain a "Buy" rating, with a median price target of 3,680 rupees.

Reuters·
US
NDIA
-0.96%
Reuters·
US
NDIA
-0.96%

Dow Jones Top Company Headlines at 5 PM ET: Meta Reports Record Sales, Massive Spending Hike on AI Buildout | Microsoft's ...

Meta reported record sales of $60 billion in Q4, a 24% year-over-year growth. Microsoft saw earnings surge due to its cloud business. Tesla plans a $2 billion investment in xAI despite a drop in sales. IBM's sales rose 12% as AI demand grows. Southwest forecasts a profit surge, while Whirlpool's revenue fell 0.9%. CPKC's profit declined but revenue increased. Google will pay $135 million to settle a lawsuit. Starbucks sales rose 4%, and AT&T's sales increased. Prosperity Bancshares will acquire Stellar Bancorp for $2 billion.

MorningStar·
US
FBL
-1.38%
US
MSFX
+0.38%
US
AIO
+0.48%
MorningStar·
US
FBL
-1.38%
US
MSFX
+0.38%
US
AIO
+0.48%

Trending | SMR Surges 6% on Wednesday, Some Call options Soar 142%

On January 28, Eastern Time, NuScale Power options saw a total of 71922 contracts traded, with calls accounting for 76% and puts making up 23%.

LB Option·
US
SMR
+6.67%
LB Option·
US
SMR
+6.67%
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Precious metals continue to rise as US dollars weakens amidst Fomc tonight. Interesting one to watch out for

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