The Brazilian planemaker reported a record firm order backlog of $34.5 billion at the end of the second quarter, a 16% increase from the prior year, driven by strong demand across its commercial and executive aviation divisions.
Canada's benchmark stock index closed higher on Friday, gaining 0.50% as advances in real estate, clean technology, and healthcare shares offset a decline in energy prices.
U.S. stocks closed with a mixed performance on Friday, as the Dow Jones Industrial Average rose on strength in telecom and financial shares while the tech-heavy Nasdaq Composite declined.
Brazil's benchmark Bovespa index fell 1.52% on Friday, weighed down by significant losses in the electric power and financial sectors. The decline came despite gains from a few individual stocks, while market volatility saw a slight increase.
Alphabet's autonomous driving unit, Waymo, is exploring an end to its ride-hailing partnership with Uber due to operational and financial disputes, according to a report that sent Uber shares down more than 4%.
The technology giant stated it values the U.S. administration's involvement in a dispute over a fine related to the EU's Digital Markets Act, signaling a potential escalation in transatlantic regulatory tensions.
Piper Sandler began coverage of large-cap refiners with a modestly positive outlook, assigning "Overweight" ratings to Marathon Petroleum (MPC) and Valero Energy (VLO) due to strong shareholder returns and operational advantages. The firm sees continued strength in the sector despite a significant year-to-date rally.
A federal appeals court has blocked a key provision of a Texas law that would have required social media companies to monitor and filter harmful content, ruling it is preempted by federal law. The decision is a victory for tech industry groups representing companies like Meta and Google.
The two media giants have agreed to pause their blockbuster merger until June 1, 2027, or until a federal judge rules on a lawsuit filed by 13 state attorneys general over competition concerns.
