The Boeing Company

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Slightly Bearish -20

Major Fed rate dissent, Powell to stay on β€” plus, Boeing takes an unwarranted hit

AI-generated analysis

πŸ“‰ Stocks pulled back for the second consecutive day amid rising oil prices, with West Texas Intermediate crude topping $107 per barrel.

β›½ U.S. gasoline prices increased to nearly $4.23 per gallon following a spike in global crude benchmarks.

πŸ“œ The Federal Reserve maintained interest rates at unchanged levels following an 8-to-4 vote that marked the first four-way dissent since 1992.

🏦 Fed governors Stephen Miran, Beth Hammack, Neel Kashkari, and Lorie Logan issued dissents regarding the easing bias or rate hold during the April FOMC meeting.

βš–οΈ Jerome Powell confirmed he will remain as a central bank governor after his chairmanship ends to assist with the Justice Department's investigation into Fed renovations.

✈️ Boeing shares fell more than 3% after China Southern Airlines ordered 102 Airbus A320neo jets valued at $21.37 billion.

πŸ‡¨πŸ‡³ Analysts view the recent loss of a Chinese aircraft order to Airbus as an unwarranted overreaction given upcoming potential deals dependent on the Trump-Xi summit.

πŸ’» Earnings season is heating up with key tech names like Amazon, Alphabet, Meta, and Microsoft scheduled to report results focused on AI demand trends.

πŸ’Š Pharmaceutical and healthcare stocks including Eli Lilly, Cardinal Health, Bristol Myers, and Merck will release data before Thursday's market open.

πŸš— Additional earnings reports for automotive and auto parts companies Chipotle, Ford, Carvana, and Qualcomm are also scheduled for the week.

πŸ“Š Economic data highlights include the March PCE inflation gauge, weekly jobless claims, and the first read on first-quarter GDP.

πŸ’° Jim Cramer's Investing Club plans to execute trades based on specific waiting periods of 45 minutes or 72 hours following public trade alerts.

Bullish Signals
  • Fed Chair Jerome Powell plans to remain as a central bank governor for an unspecified period after his term ends, providing stability and continuity to the Federal Reserve.
  • Investment Club members expect Boeing CEO Kelly Ortberg to receive a 'big number' order from China in the future, potentially involving up to 500 planes following the upcoming Trump-Xi summit.
  • Amazon, Alphabet, Meta Platforms, and Microsoft are scheduled to report earnings this quarter, with all four having guided for at least $608 billion in capex to compete in the AI arms race.
  • Chipmaker Arm is experiencing a blistering rally, leading to a raised price target following its positive performance.
  • Investors remain optimistic that any decline in Boeing stock due to Airbus news is an overreaction and that odds favor a large China order if diplomatic relations improve.
Risk Factors
  • Stocks pulled back for the second consecutive day as rising oil prices added pressure to the market.
  • West Texas Intermediate crude topped $107 per barrel, Brent crude exceeded $119, and U.S. gasoline prices rose to nearly $4.23 per gallon, increasing consumer costs.
  • Bonds moved negatively with the 10-year Treasury yield rising above 4.4% despite the Fed leaving rates unchanged.
  • The Federal Open Market Committee faced a major vote split with an 8-to-4 decision, marking the first dissent since 1992, indicating internal disagreement on monetary policy.
  • Fed governor Stephen Miran voted for a rate cut that was not adopted, signaling potential instability in the Federal Reserve's leadership transition.
  • Boeing shares dropped more than 3% following a multibillion-dollar deal won by rival Airbus from China Southern Airlines.
  • The rival order valued at $21.37 billion for 102 jets and subsidiary units highlighted Boeing's struggle, as it has not received new orders from China since 2017.
  • Boeing faces uncertainty regarding a potential future deal with China that is heavily dependent on the upcoming Trump-Xi summit.
  • The market perception of Boeing's prospects as 'elusive' for a rumored 500-plane order suggests significant investor skepticism.
Full Analysis
The CNBC Investing Club with Jim Cramer provides an afternoon market update dated April 29, 2026, noting that stocks have pulled back for two consecutive days amidst rising oil prices, with West Texas Intermediate crude topping $107 per barrel and Brent exceeding $119. A significant headline regarding the Federal Reserve highlights a historic 8-to-4 vote at the FOMC meeting to leave interest rates unchanged, marking the first dissenting vote since 1992 where Stephen Miran voted for a cut while others opposed an easing bias; Chairman Jerome Powell announced plans to remain as a governor after his chairmanship ends next month to oversee the conclusion of the bank's renovation criminal investigation. The article also covers Boeing (BA) shares taking a hit of more than 3% following news that rival Airbus secured a $21.37 billion order for 102 jets from China Southern Airlines, which is noted as its first major new deal with a Chinese state carrier since 2017 after Boeing had none since that year. Jim Cramer and the club analysts interpret Boeing's stock decline as an overreaction to the Airbus news, suggesting it is not yet time for a definitive ruling on orders until the upcoming summit between President Donald Trump and Chinese President Xi Jinping, which could facilitate a rumored deal for up to 500 planes for Boeing. The update concludes with a preview of major earnings events scheduled for Thursday, including reports from Amazon, Alphabet, Meta Platforms, Microsoft, Chipotle, Ford, Carvana, Qualcomm, Eli Lilly, Cardinal Health, Bristol Myers, Merck, Caterpillar, Mastercard, and Molson Coors. Investors are advised to watch these companies for insights into AI demand trends, supply constraints, and capital expenditures, specifically noting that the tech giants previously guided to at least $608 billion in capex for the year. Additional market data points mentioned include the release of March PCE inflation readings, weekly jobless claims, and first-quarter GDP preliminary figures before the opening bell.