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Industry Focus

Energy: July 2021 News Roundup -- What’d I Miss

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 29 July 2021

⏱️ 34 minutes

🧾️ Download transcript

Summary

With Nick returning from his honeymoon, Lou Whiteman joins the show to bring us up to speed on stories we missed in July, including Boeing, Lockheed Martin, Tesla, and XPO Logistics earnings.

Stocks Discussed: BA, LMT, TSLA, XPO, GXO

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Transcript

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0:00.0

Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day.

0:11.0

I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seidphle. I'm Dylan

0:15.0

Lewis. And today we're talking financials. Today we're talking consumer

0:18.7

goods. Wild Card Wednesday. And we're talking energy. And today we're talking tech. Let's dive in.

0:25.0

Welcome to Industry Focus. I'm Nick Saiphal. Regular listeners will know I recently got married. And thank you to everybody who reached out with some well

0:32.8

wishes as you can imagine I didn't pay much attention to the stock market on my

0:36.1

honeymoon and as you know we ran a few pre-recorded episodes over the last few weeks

0:40.1

that's why Lou Whiteman is joining me today to catch us up on some of the stories we missed while I was off getting hitched.

0:46.0

Lou, welcome back on the show.

0:47.0

Glad to be here and congrats. I can't believe you weren't playing attention to the market the whole time, though shame on you.

0:52.0

Yeah, you know, with the big time difference out there in Hawaii, you know, it's like I would wake up and

0:56.8

I'm like, man, the market's already getting ready to close here.

0:58.8

So yeah, it's interesting to be back on East Coast time, you know, the I guess the master time zone

1:03.7

when it comes to running things like stock markets and things like that.

1:07.3

And excited to get back in the swing of things.

1:09.3

So we're going to talk about some earnings reports, some news that happened over the past month.

1:14.2

Where do we want to start out here today?

1:15.6

Well, I was thinking, I mean, I have to start with Boeing because they are just so big

1:19.1

and it was finally some good news, right?

1:21.8

Boeing first profit since the third quarter of 2019

1:25.6

40 cents per share on the on the per stock basis

1:30.0

Just for comparison purposes analysts were expecting a 72 cent loss so it was a really really big really impressive headline number

...

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