Boeing Strike, Adobe and Oracle, Markets: 3 Things

Boeing Strike

The strike by Boeing machinists in the US has entered its third week, with no end in sight. The strike has already had a significant impact on Boeing's production, and it is now beginning to affect its customers.

Boeing has said that it is losing about $100 million per day as a result of the strike. The company has also warned that it may have to cut production if the strike continues.

The strike is a major test for Boeing's new CEO, Dave Calhoun. Calhoun has said that he is committed to reaching a fair deal with the union, but he has also said that the company cannot afford to give in to all of the union's demands.

Adobe and Oracle

Adobe and Oracle have announced a new partnership that will see the two companies integrate their products and services.

The partnership will allow Adobe customers to use Oracle's cloud services, and Oracle customers to use Adobe's creative software.

The partnership is a major coup for both companies. Adobe is a leader in the creative software market, while Oracle is a leader in the cloud computing market.

Markets

The stock market has been on a roller coaster ride in recent weeks. The market has been driven by a number of factors, including the US-China trade war, the Federal Reserve's interest rate cuts, and the upcoming US presidential election.

Despite the volatility, the market is still near record highs. Investors are betting that the economy will continue to grow, and that corporate earnings will remain strong.

However, there are some risks to the market outlook. The US-China trade war is still unresolved, and the Federal Reserve may be forced to raise interest rates again if inflation starts to pick up.