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BusinessDaily Maverick · 1d ago

US FAA certifies Boeing 737 MAX 7 in win for planemaker

The FAA approved Boeing's 737 MAX 7, the smallest variant of the best-selling aircraft, after years of waiting. The certification allows Boeing to sell this particular model to customers.

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A potential merger between AstraZeneca and Bristol Myers Squibb would combine two major pharmaceutical companies, with AstraZeneca shares declining while Bristol Myers Squibb's stock rose Monday on deal reports. Analysts have questioned the strategic rationale for combining these two cancer-focused drug makers.

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SpaceX stock has fallen over 50% since its June IPO, trading Monday at $109.80 compared to its $135 listing price. The company releases its first-ever earnings report Tuesday, with investors particularly focused on second-quarter AI spending results.

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Palantir is projected to exceed $7.6 billion in revenue this year and reported first quarter 2026 results showing growth that CEO Alex Karp claims "dwarfs the performance of essentially every software company in history at this scale." The company is positioning its Artificial Intelligence Platform as an operating layer for enterprise reorganization while advocating for open-weight AI models that organizations can run on their own infrastructure.

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