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KB Home (KBH) Reports Earnings Tomorrow: What To Expect
Homebuilder KB Home (NYSE:KBH) will be reporting earnings tomorrow afternoon. Here’s what to look for.
Boeing (BA) Shares Skyrocket, What You Need To Know
Shares of aerospace and defense company Boeing (NYSE:BA) jumped 5.7% in the afternoon session after the company announced that it secured the contract to produce the next generation of fighter jets for the U.S. military, successfully outbidding competitor Lockheed Martin. The contract, known as Next Generation Air Dominance, or NGAD, is supposed to help build jets (F-47) that will accompany a future fleet of drone aircraft to protect the US against its adversaries. According to the press release, the contract is worth an estimated $20 billion.
Why Nike (NKE) Shares Are Trading Lower Today
Shares of athletic apparel brand Nike (NYSE:NKE) fell 8.5% in the pre-market session after the company reported third-quarter (fiscal 2025) results which came in soft, showing that the company's turnaround was still a work in progress. Sales continued to fall, and, margins shrunk underscoring ongoing challenges. Revenue, when adjusted for currency fluctuations, fell 7% year-over-year, a sharp contrast to flat growth in the same quarter last year.