Wall Street is eyeing a strong start to the week, with mega-cap tech stocks and the resumption of the meme rally likely providing the thrust the market needs to break out of the lackluster phase seen in late May. The meme stock rally set in motion by Roaring Kitty’s disclosure of a huge GameStop Corp.
Airbus is facing more difficulties in increasing jet production due to shortages of parts and labor. This may affect delivery targets but the company aims to produce 75 planes per month by 2026. Boeing is also facing production challenges and its stock prices are affected.