Welcome to Markets Desk, here's what's moving the needle right now.
Boeing's engineers union has rejected a proposed labor contract and authorized strike action, adding fresh turbulence to a company already navigating critical aircraft certification timelines. A work stoppage at this stage could delay key programs and deepen the pressure on a balance sheet that has very little room left for disruption.
Shifting to the broader tech landscape, Judge Yvonne Gonzalez Rogers is now presiding over the Meta antitrust case, and her track record demands attention. She previously oversaw the Epic versus Apple trial and has shown a willingness to challenge big tech's structural arguments head-on. The outcome here could force meaningful changes to how Meta controls its platform ecosystem.
And over at Berkshire Hathaway, it appears Warren Buffett has not fully stepped back from equities decision-making despite Greg Abel assuming the chief executive role. Portfolio manager Ted Weschler also remains active in the stock selection process, suggesting the transition of investment authority is far more gradual than markets may have assumed when the succession was announced.
That's the tape. Markets Desk, signing off the floor.
