Boeing (BA) jumps 3% to a new recent high, up 50% from the April lows as the Paris Air Show commences. Typically, this air show is when a number of airliners report orders for new Boeing and or Airbus planes. Also today, a number of Boeing planes landed in China today as the Chinese finally restarted taking delivery of planes ordered a long time ago.

From diamond to dog, Warner Bros Discovery (WBD) jumps 7% this morning, but closed down 3% as the company plans to split into two independent, publicly traded companies, separating its streaming and studio assets from its global television networks business by mid-2026 to unlock shareholder value. The streaming and studios company will include HBO and HBO Max, along with Warner Bros. Television and Motion Picture Group, DC Studios, Warner Bros. Games, and other related assets. The global networks company will house CNN, TNT Sports, Discovery, Discovery+, Bleacher Report, and a portfolio of free-to-air and digital channels across more than 200 countries and territories.

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