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Happy Monday! It doesn’t matter how you spin it, $BA has been a $BAD investment throughout the last few years. And now the company, which is still dealing with an ongoing strike, just announced an offering sending shares even lower. Plus, why crude got clobbered over the weekend.

—Aaron Bry

Plus, looking to take your options trading to the next level? Check out today’s partner, CBOE.

MARKET SNAPSHOT

Last Week: Last week the market moved slightly lower as traders and investors prep for the biggest earnings week of the year and some potential volatility from the presidential election.

On Our Radar: HUGE earnings week this week where we will hear from Apple, Microsoft, Amazon and more.

TOP STORY

Boeing Eyes $15B Fundraise As It Struggles Due To Strikes And Mounting Losses

What Happened: Boeing Co is reportedly gearing up to launch a capital raise exceeding $15 billion, potentially starting as soon as Monday. The aerospace leader seeks to bolster its financial standing, which has been under pressure due to an ongoing strike.

So: The capital will be raised through a mix of common stock and convertible preferred shares, according to a Reuters report citing people familiar with the matter. The total amount could be adjusted based on market demand. Here’s how the market is responding.

SPONSORED BY CBOE

This is a paid ad. Please see 17b disclosure here for more information.

FIVE ZINGERS

Take Your Pick: There are a lot of choices to make during election season. And now Robinhood is getting in on the prediction market action.

It’s $ON: On Semiconductor reported earnings this morning, beating estimates for both EPS and revenue.

Cruising Altitude: Delta and other airline stocks are trading higher this morning. Here’s what’s going on.

The Future Is Now: While most car companies are focusing on the next generation of EVs, this one is working on a flying car.

Your Chance At $30k Risk-Free: Benzinga's World Championship of Trading is about to take off, and all you have to do is sign up and paper trade for your chance at the prizes.

ONE FOR THE ROAD

Oil ETFs Plunge Premarket After Israel's Strikes On Iran

Basically: Oil-based exchange-traded funds (ETFs) experienced a significant decline, dropping over 4%, following Israel’s recent military strikes on Iran. The strikes, which occurred over the weekend, were reported as “limited” by local media, leading analysts to downplay the potential impact on oil supplies.

What Happened: Israel’s military targeted Iranian sites in three provinces on Saturday in response to a ballistic missile attack by Tehran on October 1. Here are the stocks moving the most.

SPONSORED BY CBOE

This is a paid ad. Please see 17b disclosure here for more information.

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