22 Countries Pledge To 3X Nuclear Power - Uranium Prices Soar 74%

Newswire says "Bull market continues in Uranium stocks." Who to pick? Well, exploration records show...

What's Going On With Pratt & Whitney Parent RTX Shares Today?

Nabaparna Bhattacharya
April 09, 2024

RTX Corporation (NYSE:RTX) shares are trading lower on Tuesday.

The company’s Pratt & Whitney unit revealed details of its North American Technology Accelerator (NATA), a commercial and military aftermarket operations center in Florida. 

NATA will have dedicated space, tools, and resources for tech insertion programs, bolstering global MRO network development, RTX Corporation said in a press release.

Florida accelerator initiatives prioritize material restoration and process automation, targeting advanced repairs, digital inspection, and more for compressor and fan parts, the company said. 

These technologies aim to cut costs, reduce environmental impact, and enhance customer value.

“NATA combines data science with people know-how and state-of-the-art automation to help address customer pain points such as inventory management and part availability, while accelerating our improved repair capabilities and efficiency to better serve our customers,” said Kevin Kirkpatrick, vice president, Aftermarket Global Operations at Pratt & Whitney.

A significant focus is on additive repairs for critical GTF engine parts. Pratt & Whitney anticipates reclaiming $100 million in parts over five years to bolster GTF MRO efforts.

According to Benzinga Pro, RTX stock has gained over 1% in the past year. Investors can gain exposure to the stock via IShares U.S. Aerospace & Defense ETF (BATS:ITA) and IShares U.S. Aerospace & Defense ETF (NYSE:MISL).

Price Action: RTX shares are trading lower by 0.94% to $100.92 on the last check Tuesday.

Continue Reading...

Popular

Donald Trump To Get Endorsement From Blackstone CEO Steve Schwarzman: Report

Blackstone CEO Steve Schwarzman reportedly pledges to back Donald Trump, signaling a resurgence of support from major donors.

Obama's 2024 Surprise: His Secret Plan to Finish What He Started - Ad

The ONLY way Democrats can keep the White House is to bring back Barack Obama. And there's a sneaky (yet 100% legal) way to achieve this. In fact, this disaster scenario is already underway. See what they're up to, and how you can get ready today.

Elon Musk Reveals The Biggest Benefit Of AI Replacing Human Jobs: 'In A Benign Scenario ...'

Billionaire entrepreneur Elon Musk says that artificial intelligence will eventually eliminate the need for human labor.

South Africa's 4 big political parties begin final weekend of campaigning ahead of election

JOHANNESBURG (AP) — South Africa's four main political parties began the final weekend of campaigning Saturday before that could bring the country's most important change in three decades.

Where Buffett, Gates, and Bezos Are Investing Now - Ad

Billionaires are plowing millions of dollars into a new technology that early estimates say could generate more wealth than A.I. -- and determine the future of companies like Microsoft. The problem? Most investors have no idea it's happening, or how to profit on it. This expert just went public with all the details, including which stocks to jump on immediately.

G7 officials make progress but no final deal on money for Ukraine from frozen Russian assets

FRANKFURT, Germany (AP) — Finance officials from the Group of Seven rich democracies said they had moved toward agreement on a U.S. proposal to squeeze more money for Ukraine from Russian assets frozen in their countries. But the ministers left a final deal to be worked out ahead of a June summit of national leaders.

Fed's Stance On Inflation, Job Market Performance, And Peter Schiff Slamming Jerome Powell: Top Economic Updates This Week

As the weekend concludes, notable events included the Federal Reserve's hawkish stance, a potential shift on inflation, Jerome Powell's reassurance against rate hikes, a cooling job market, and economist Peter Schiff's criticism of Powell's stance on stagflation.

4 Cryptos Set to Outperform Bitcoin in 2024 - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on June 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

AstraZeneca Pulls Plug On Vaxzevria COVID-19 Vaccine Amid Surplus of Updated Vaccines

It is worth noting that AstraZeneca has previously conceded in court documents that Vaxzevria can induce side effects such as blood clots and low blood platelet counts.

Tower Semiconductor CEO Eyes Recovery, Projects Over 7% Growth Next Quarter

Tower Semiconductor (TSEM) reported Q1 2024 revenue of $327.24M, beating analyst estimates. CEO optimistic for recovery despite market downturn.

$25 AI Stock Could Deliver Life-Changing Windfall - Ad

Discover a company at the forefront of the AI revolution, with up to $1 billion in government-backed contracts and 1,372 patent applications. Trading at just $25 a share...

Federal Judge Indefinitely Postpones Donald Trump's Classified Documents Trial

The trial of ex-President Donald Trump for retaining classified documents has been postponed indefinitely by a federal judge.

Defi Coin Triggers All "Buy" Signals and Could Break Out Soon - Ad

Some are calling this the most promising DeFi project since Ethereum itself. Here's the #1 DeFi Coin Set to Soar. While Bitcoin grabs headlines, this lesser known DeFi coin is quietly gearing up for a monster rally. Experts say now is the time to buy before it reaches escape velocity.

Curaleaf Reports Q1 2024 Revenue Of $339M, 48% Gross Margin Amid Strategic Global Expansion

Curaleaf Holdings, Inc. (OTC: CURLF), a leading international cannabis company, reported its financial results for the first quarter of 2024.

The Biggest Year in Crypto Is Here... Right Now - Ad

The LAST bull run in crypto handed out 4 and 5-figure returns... This time the odds are stacked even better in our favor. 19 Wall Street banks are pouring millions into crypto right now... Blackrock Financial has gone ALL IN and is already breaking records with their investment. $100 trillion in Wall Street money is just waiting to be deployed. The only thing missing... is you.

Snowflake Analysts Remain Overweight: Potential Growth Despite Iceberg Adoption Concerns

Piper Sandler analyst attended Virtual Iceberg Summit with tech giants. Snowflake seen as having potential drag on growth, but threat may be overstated.

5 Wall Street Legends Just Bought This One Stock - Ad

"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.

Trump Vs. Biden: New Swing State Poll Reveals Winner, One Key 2024 Election Issue Could Influence Result (Updated)

A new 2024 election poll of swing state voters shows Donald Trump with a commanding lead. One key factor could be determining the race in these markets.

California's budget deficit has likely grown. Gov. Gavin Newsom will reveal his plan to address it

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom will update his budget proposal on Friday, and the news likely won't be good.

Discover "U.S.'s New Money" Before Biden Wins - Ad

A new form of money has emerged in America, and it's making some folks wildly rich... (Musk and Bezos both use it). Find out how you can too in this free video.

Why Hims & Hers Health Stock Is Rising Today

After the market close on Monday, Hims & Hers Health reported strong first-quarter results that included revenue of $278.2 million, representing a 46% increase from $190.8 million in the first quarter of 2023. The number beat analyst estimates of $270.382 million.

This Is Bad News for Biden... - Ad

"Bill Clinton is back. And he just met in Mexico with the one person I believe could REPLACE Joe Biden by August... To become the next President of the United States. (And, no, it's NOT Hillary.) When you see who, you'll be terrified... Because if I'm right about the election outcome... What I'm predicting is coming right AFTER will downright terrify you. I'm recommending every American make urgent moves with their money right now." --Louis Navellier

Virgin Galactic Reports Better-Than-Expected Q1 Results

Virgin Galactic reported quarterly losses of 25 cents per share which beat the analyst consensus estimate of losses of 29 cents by 13.79%.

Cannabis Meets Prescription Drugs, Steroids And Ketamine In Schedule III: What It Means, Key Stocks To Watch

President Joe Biden's administration is moving to reschedule cannabis from Schedule I to Schedule III under the Controlled Substances Act (CSA).

Forget Gold. Ditch AI Stocks. Get In on This Instead - Ad

If you're nowhere near the place you want to be with your retirement savings right now and worried about what the future has in store... you owe it to yourself to give me just 10 minutes of your time today... Do that and you'll discover the jaw-dropping details we've uncovered about the next generation of investing.

Russian President Warns Of Global Conflict During World War 2 Victory Day Celebrations, But Says 'Will Do Everything' To Prevent Clash

As Russia marked the 79th anniversary of the Soviet Union's victory over Nazi Germany in World War II, President Vladimir Putin warned the West of the potential for a global conflict.

One Tech Tip: How to spot AI-generated deepfake images

LONDON (AP) — AI fakery is quickly becoming one of the biggest problems confronting us online. Deceptive pictures, videos and audio are proliferating as a result of the rise and .

"This Could Be Worth Even More Than A.I." - Ad

Whitney Tilson's nailed many of the most famous stocks of the last 25 years -- including Netflix, Amazon, and Apple. Now he's pounding the table on a new technology rolling out across America, which early estimates say could create more wealth than A.I., the personal computer, and the smartphone combined.

Walmart's Q1 Beat Likely To Drive Positive Reaction In The Stock, Says Analyst

J.P. Morgan analyst Christopher Horvers maintains a Neutral rating on Walmart. The retailer reported Q1 2025 adjusted EPS of $0.60, surpassing the $0.52 consensus, and sales of $161.51 billion, up 6.0% YoY. With a 15% EPS beat driven by strong margins and good U.S. comps, Walmart posted solid results, although comps slightly missed buyside expectations.

Robinhood Markets receives SEC notice for alleged securities violations at crypto unit

Robinhood Markets Inc. has received a notice from the Securities and Exchange Commission about alleged securities violations at its crypto division.

"America's No. 1 Retirement Stock" (Name Inside) - Ad

According to the former Goldman Sachs VP -- who wrote a best-selling book on retirement -- one single stock stands head-and-shoulders above all others. And it should be the cornerstone of your portfolio. Have you heard of it?

What's the Big Thing Musk, Bezos and Tim Cook All Have in Common? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

Australian judge extends ban on X sharing video of Sydney bishop's stabbing

MELBOURNE, Australia (AP) — An Australian judge on Friday on X allowing videos of the stabbing of a Sydney bishop in his church last month after government lawyers condemned the social media company's free speech argument for keeping the graphic images circulating.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service