Boeing stock (ticker: BA) fell after the company announced a loss per share of $1.24 on sales of $22.7 billion, better than analysts projected.

Bottom line: Boeing shares are in a new bull market trend with a 12-month price target of $300.

Boeing's stock continues to show signs of a turnaround. Learn how BA stock's latest round of data is giving bulls the evidence they need to see.

Boeing Co. managed to slow a cash outflow in the second quarter, indicating that a turnaround initiated by Chief Executive Officer Kelly Ortberg a year ago is paying off as the company delivers more aircraft.

Boeing and Sweden's Saab are in talks with Britain's BAE Systems about teaming up on a future replacement of Britain's Hawk trainer in a growing niche of the fast jet industry, three people familiar with the matter said.

Although the aerospace company lost money in the second quarter, it built and sold more planes as it recovered from quality crises and a workers strike.

Revenue at SoFi jumps 44%, UnitedHealth slides after restoring financial guidance, and Sarepta soars after being notified by the FDA the company may lift its voluntary pause on shipments of Elevidys for ambulatory patients with Duchenne muscular dystrophy.

Boeing reported second quarter earnings on Tuesday that topped expectations and stemmed the tide of cash burn that has plagued the company since early last year as CEO Kelly Ortberg continues his turnaround of the beleaguered jet maker.