Key Takeaways
- Boeing (BA) reported a significant Q3 2025 core loss of $7.47 per share, far exceeding analyst estimates, and announced a further delay for its 777X jetliner to 2027, incurring a $4.9 billion pre-tax charge.
- The Russian Direct Investment Fund (RDIF) CEO stated that approximately 40% of Russia's trade now occurs in rubles, with export settlements in dollars and euros plummeting to 18%, highlighting a deliberate shift away from Western currencies.
- Russian President Vladimir Putin claimed Russian forces are advancing in Ukraine, with enemy troops blocked and surrounded in Kupiansk and Pokrovsk, while also emphasizing Russia's focus on long-term security.
- U.S. pre-market trading saw several companies, including Bloom Energy (BE), Centene (CNC), and Caterpillar (CAT), rally on strong earnings beats, providing a positive start to the trading day.
Boeing's financial results for the third quarter of 2025 have sent ripples through the aerospace industry, while geopolitical tensions continue to shape global trade and military narratives. Meanwhile, U.S. political discussions around a potential government shutdown are gaining traction.
Boeing's 777X Delay Hits Q3 Earnings Hard
Aerospace giant Boeing (BA) announced a substantial core loss of $7.47 per share for the third quarter of 2025, significantly wider than the estimated loss of $4.44 per share. The company's revenue, however, surpassed expectations, reaching $23.27 billion against an estimated $22.29 billion, driven by 160 commercial deliveries.
A major factor contributing to the loss was a $4.9 billion pre-tax charge related to the further delay of its 777X jetliner, with the first delivery now anticipated in 2027. The company also noted that its 737 production has stabilized at 38 per month, falling short of the FAA-approved rate of 42 jets per month. Despite these setbacks, Boeing reported positive operating cash flow of $1.12 billion and adjusted free cash flow of $238 million.
Russia's De-Dollarization Efforts Intensify
The CEO of the Russian Direct Investment Fund (RDIF) revealed a significant shift in Russia's trade dynamics, stating that approximately 40% of the country's trade is now conducted in rubles. This marks a sharp decline in reliance on Western currencies, with export settlements in dollars and euros dropping to just 18%.
The RDIF CEO also expressed a belief that U.S. and European businesses would eventually return to Russia once political issues with the United States are resolved. He dismissed "isolationist ideas" as unsustainable in the long term, indicating Russia's long-term economic outlook.
Putin Comments on Ukraine Conflict and Russian Security
Russian President Vladimir Putin provided an update on the conflict in Ukraine, asserting that Russian forces are "overall advancing." He specifically claimed that enemy troops are "blocked and surrounded" in the Kupiansk and Pokrovsk areas.
Putin also stated that Russia is currently focused on ensuring its long-term security. He highlighted the successful launch of the Burevestnik missile, expressing pride in Russia's scientists, and offered journalists access to blocked Ukrainian troops. However, some military experts and pro-war bloggers have expressed skepticism regarding the extent of the encirclement claims in Pokrovsk and Kupiansk.
U.S. Political Landscape and Pre-Market Movers
In U.S. political news, Senator John Thune indicated that "shutdown talks are picking up," according to Politico. This suggests ongoing efforts to avert a potential government shutdown.
On the markets, U.S. pre-market trading saw several companies performing strongly. Bloom Energy (BE) surged 19% after reporting better-than-expected EPS and revenue. Centene (CNC) climbed 9% following a surprise profit per share, revenue beat, and a raised full-year EPS guidance. Teledyne Technologies (TEL) rose 4.5% after exceeding top and bottom-line estimates and providing a strong profit outlook for the next quarter. Additionally, Caterpillar (CAT) saw a 4% increase after its top and bottom-line results surpassed Wall Street expectations.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.