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22/07/2025
Bank of England Governor Bailey: Shorting the US dollar has now become the most crowded trade in the market.
Latest
1 m ago
RTX Corporation has revised its revenue forecast for 2025 from $83 billion to $84.75 billion. Sales in the Pratt & Whitney division, which provides engines for the Airbus A320neo, have increased by 12%. The division has been facing production issues in recent years and is currently conducting inspections on gear-driven fan engine components that may have defects, resulting in hundreds of planes being grounded in recent months.
1 m ago
The US Department of the Treasury has imposed sanctions on individuals and entities related to the Houthi armed group.
2 m ago
Geopolitical tension escalating has fueled strong demand for RTX company's defense products. RTX's "Patriot" missile defense system is widely used in the Ukrainian battlefield to counter missile threats. RTX's defense department saw a sales increase of 8% to $7 billion in the second quarter.
2 m ago
RTX has adjusted its earnings per share forecast for 2025 from $6.00-6.15 to $5.80-5.95. Due to delays in the production of new aircraft, airlines are extending the operational life of their older fleets, benefiting the commercial aircraft maintenance business.
3 m ago
RTX warning that if the steel and aluminum tariffs remain at 25%, the tariffs on China remain at 145%, and global reciprocal tariffs reach 10%, a trade war will result in a loss of $850 million.
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