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Boeing's $8.4 Billion Deal Turns Sour as Liabilities Mount

Guavy AI Editorial Team
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BA
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Boeing's $8.4 billion deal for Spirit AeroSystems is turning out to be a costly mistake. The jet maker purchased the company in December and has since discovered large liabilities it hadn't initially identified, resulting in significant red ink.

Soitec shares jumped after the company upgraded its guidance due to strong AI demand. It now expects revenue growth of around 50% at constant currency and scope for the current quarter, up from over 30% previously.

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