Closing Bell: Boeing Soars, Shopify Rises, American Bitcoin Corp Falls

On this episode of Stock Movers:

- Boeing (BA) expects to generate cash again in 2026, a significant reversal in the planemaker’s finances as it prepares to boost monthly production rates of its passenger aircraft. The US company expects positive free cash flow to reach the “low-single digits” billions of dollars next year, reversing the $2 billion cash burn seen for 2025, said Boeing Chief Financial Officer Jay Malave, in his first solo presentation at an investor conference since taking over the post in August. The assurances propelled Boeing’s shares, with the stock closing up over 10%, the most since April.

- Shopify (SHOP) shares rallied as traders embraced the platform after a strong weekend for shoppers following Thanksgiving. Shopify merchants achieved record sales of $14.6 billion during the Black Friday-Cyber Monday weekend, representing a 27% increase from last year.

- American Bitcoin Corp (ABTC) shares fall as much as 50% on Tuesday as the Bitcoin miner, which counts Eric Trump as a co-founder and chief strategy officer, continues to hurt due to the recent slide in Bitcoin prices. American Bitcoin shares have fallen over 60% from their peak in September through Monday, as Bitcoin has declined around 30% from its October record high.

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