Raytheon Technologies Corp.

Current trend

The shares of Raytheon Technologies Corp., an American aerospace and defense conglomerate, are held in a sideways range of 87.50−84.38 after a serious drop two weeks ago.

Recall that the pressure on the issuer's quotes was exerted by the identification of a technical problem with Pratt & Whitney engines produced by the company for Airbus A320neo aircraft. As a result, about 1.2K out of 3.0K delivered devices should be decommissioned to check for microcracks, which in the future may lead to financial losses, even despite strong financial indicators: in Q2, earnings per share amounted to 1.29 239.00, and revenue — to 18.32B 239.00, surpassing preliminary estimates. A number of experts believe that Airbus may refuse to cooperate with Raytheon Technologies Corp. and turn to other manufacturers.

Currently, the market is in a state of uncertainty, as investors are waiting for the publication of July inflation data in the USA, which may significantly affect the actions of the authorities in determining the future course of monetary policy. On an annualized basis, the consumer price index is expected to grow from 3.0% to 3.3%, and the base indicator – to adjust from 4.8% to 4.7%. The implementation of these forecasts will put new pressure on the stock market, however, if the inflation rate drops more, which is also possible, stock quotes will receive additional support.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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As a result, about 1.2K out of 3.0K delivered devices should be decommissioned to check for microcracks, which in the future may lead to financial losses, even despite strong financial indicators: in Q2, earnings per share amounted to 1.29 239.00, and revenue — to 18.32B 239.00, surpassing preliminary estimates. A number of experts believe that Airbus may refuse to cooperate with Raytheon Technologies Corp. and turn to other manufacturers.</p>\n<p>Currently, the market is in a state of uncertainty, as investors are waiting for the publication of July inflation data in the USA, which may significantly affect the actions of the authorities in determining the future course of monetary policy. On an annualized basis, the consumer price index is expected to grow from 3.0% to 3.3%, and the base indicator – to adjust from 4.8% to 4.7%. The implementation of these forecasts will put new pressure on the stock market, however, if the inflation rate drops more, which is also possible, stock quotes will receive additional support. &nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>Current trend</p>\n<p>The shares of Raytheon Technologies Corp., an American aerospace and defense conglomerate, are held in a sideways range of 87.50−84.38&nbsp;after a serious drop two weeks ago.</p>\n<p>Recall that the pressure on the issuer's quotes was exerted by the identification of a technical problem with Pratt &amp; Whitney engines produced by the company for Airbus A320neo aircraft. As a result, about 1.2K out of 3.0K delivered devices should be decommissioned to check for microcracks, which in the future may lead to financial losses, even despite strong financial indicators: in Q2, earnings per share amounted to 1.29 239.00, and revenue — to 18.32B 239.00, surpassing preliminary estimates. A number of experts believe that Airbus may refuse to cooperate with Raytheon Technologies Corp. and turn to other manufacturers.</p>\n<p>Currently, the market is in a state of uncertainty, as investors are waiting for the publication of July inflation data in the USA, which may significantly affect the actions of the authorities in determining the future course of monetary policy. On an annualized basis, the consumer price index is expected to grow from 3.0% to 3.3%, and the base indicator – to adjust from 4.8% to 4.7%. The implementation of these forecasts will put new pressure on the stock market, however, if the inflation rate drops more, which is also possible, stock quotes will receive additional support. &nbsp;</p></body></html>","text":"Current trend The shares of Raytheon Technologies Corp., an American aerospace and defense conglomerate, are held in a sideways range of 87.50−84.38 after a serious drop two weeks ago. Recall that the pressure on the issuer's quotes was exerted by the identification of a technical problem with Pratt & Whitney engines produced by the company for Airbus A320neo aircraft. As a result, about 1.2K out of 3.0K delivered devices should be decommissioned to check for microcracks, which in the future may lead to financial losses, even despite strong financial indicators: in Q2, earnings per share amounted to 1.29 239.00, and revenue — to 18.32B 239.00, surpassing preliminary estimates. A number of experts believe that Airbus may refuse to cooperate with Raytheon Technologies Corp. and turn to other manufacturers. Currently, the market is in a state of uncertainty, as investors are waiting for the publication of July inflation data in the USA, which may significantly affect the actions of the authorities in determining the future course of monetary policy. On an annualized basis, the consumer price index is expected to grow from 3.0% to 3.3%, and the base indicator – to adjust from 4.8% to 4.7%. The implementation of these forecasts will put new pressure on the stock market, however, if the inflation rate drops more, which is also possible, stock quotes will receive additional support.","highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/207307699069152","repostId":0,"isVote":1,"tweetType":1,"viewCount":297,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["RTX","RTN"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":1174,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/207307699069152"}