Boeing surged 2% after securing a $20 billion defense contract to develop the Sixth-Generation F/A-XX Strike Fighter, while Northrop Grumman tumbled 3.5% after reportedly losing out on the contract. Robinhood Markets gained 2% following announcements of an in-app AI agent and the upcoming launch of 24/7 trading for certain stocks. Concentrix dropped 9.5% after reporting third-quarter revenue that came in below expectations, with its AI transition pressuring revenues. Moderna declined more than 6% after Citi downgraded the stock to sell with a price target 60% below Tuesday’s closing price.
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