Boeing hit by FAA production limit, Paypal AI gets no buzz

Boeing (BA) shares were on the decline on Thursday after the Federal Aviation Administration (FAA) announced a halt on Boeing 747 Max production expansion. While the order means Boeing may continue producing MAX jets at the current monthly rate, they cannot increase that rate until the order is lifted. Meanwhile, shares of PayPal (PYPL) were also on the decline after the company unveiled new product innovations that will incorporate AI. The announcement is the first from new CEO Alex Chriss, who joined PayPal in September. Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the latest developments from the companies and what it could mean for them moving forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino