Wednesday, September 30, 2026

[Premarkest Pulse: Boeing Secures Defense Deal, Moderna Falls Hard]

In the early morning session, Boeing led the action, climbing 2% after finalizing a $20 billion contract with the Department of Defense to develop the next‑generation F/A‑XX strike fighter. Meanwhile, Northrop Grumman slipped 3.5% amid stiff competition for the same contract. Robinsh Markets rose 2% following a rollout of an in‑app AI agent aimed at traders, paired with announcements of expanded 24/7 trading availability and the planned introduction of perpetual futures for U.S. users. Concentrix posted a 9.5% decline after its fiscal Q3 earnings came in marginally below expectations; non‑GAAP earnings per share and forward guidance also disappointed. Pharmaceutical leader Moderna fell over 6% after Citi placed a downgrade, citing a pricing model analysts view as unsustainable and indicating the stock’s current valuation cannot be defended. Semiconductor tester FormFactor edged up 1% after Deutsche Bank upgraded coverage to a buy rating, noting demand‑driven gains in probe‑card production supporting NVIDIA’s GPUs at TSMC. Lastly, Cal‑Maine Foods slipped more than 6.5% after reporting a wider‑than‑expected loss in fiscal Q1, pulling share price down from the consensus estimate of $0.77 per share.

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