BA Jun 2025 270.000 put
| Previous close | 66.35 |
| Open | 66.35 |
| Bid | 84.10 |
| Ask | 90.70 |
| Strike | 270.00 |
| Expiry date | 2025-06-20 |
| Day's range | 66.35 - 66.35 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
Boeing's back 'against the wall' amid union strike: Expert
Boyd Group International president Mike Boyd joins Catalysts hosts Seana Smith and Madison Mills after more than 30,000 Boeing (BA) union workers voted to reject a new labor contract proposed by the aircraft manufacturer earlier this week. The labor union's contract with Boeing expired at midnight. With the overwhelming majority of union members voting in favor of a strike, Boyd says Boeing will “have to go back to the bargaining table and be a whole lot harder than they were before.” “There's no question about it; Boeing has its back against the wall” regarding product, public perception, and markets, Boyd adds, believing the union has “a lot of leverage” in negotiations. Boeing has come under fire for safety concerns and federal probes into its manufacturing process throughout 2024, weighing on the stock and bringing it down by roughly 36% year-to-date. “The new gentleman running the place has much more on his plate than just a strike,” Boyd tells the Catalysts team. The company brought on a new CEO, Kelly Ortberg, in an effort to improve perception around transparency and trust. “Keep in mind this is an economic hit,” Boyd explains, saying, “there are a lot of suppliers out there across the US and internationally that being told this morning, don't ship any more parts” after having “already gotten that message earlier with the slowdown on the 737 and 787 programs.” Boeing’s entire infrastructure “right now is under severe stress,” the company is "forced to try to settle this as quickly as they can,” Boyd tells Yahoo Finance. He notes that the company hasn’t invested in new products, which is “going to come back and bite them” as “they have nothing to replace the 737.” Amid uncertainty around the sustainability of Boeing’s business, Boyd says the “only one game in town" now looks to be Airbus (AIR.PA) For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Naomi Buchanan.
- Yahoo Finance Video
Boeing labor vote, consumer sentiment, S&P 500: What to Watch
Boeing (BA) factory workers are voting on whether they will accept the latest labor agreement proposed by the aircraft manufacturer to union leadership, A strike still looms as Boeing's current contract expires at midnight. September's consumer sentiment reading will be released tomorrow along with August's import price index print. Lastly, S&P 500 (^GSPC) hopes to extend its winning streak and close out a week of gains on Friday, September 13. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Nvidia, August PPI and jobless claims ahead of Fed cut: Morning Brief
US stocks were mixed heading into Thursday's session, with the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) up, extending Wednesday’s gains, while the Dow Jones Industrial Average (^DJI) hovered below its flat line. Top Wall Street experts join Morning Brief hosts Seana Smith and Brad Smith to discuss the latest economic data, demand for Nvidia’s (NVDA) chips, a potential Boeing (BA) union strike, and top trending stocks. The Producer Price Index (PPI) showed prices increase by 0.2% month-over-month and 1.7% year-over-year in August. Initial jobless claims also came out above estimates for the prior week at 230,000, compared to the 227,000 expected. The new data comes after Wednesday’s in-line Consumer Price Index (CPI) print and ahead of the Federal Reserve's September FOMC meeting next week. Oxford Economics chief economist Ryan Sweet tells the Morning Brief team that the data is a "slam dunk" for a 25-basis-point interest rate cut from the Fed next week. KeyBanc Capital Markets equity research analyst John Vinh joins the Morning Brief to discuss competition among chipmakers during the ongoing artificial intelligence (AI) race after Nvidia CEO Jensen Huang’s comments about demand outpacing supply sent the chipmaker’s stock higher. Investors are watching Boeing (BA) as factory workers vote on the tentative labor agreement today, with a potential strike of 33,000 union members still looming. The Morning Brief team examines the morning's stock moves of the top trending tickers, including Kroger’s (KR) earnings-fueled gains and Moderna’s (MRNA) tumble. Other top trending stocks on the Yahoo Finance platform include Norfolk Southern (NSC) and 7-Eleven parent company Seven & I Holding (SVNDY). This post was written by Naomi Buchanan
