Defense
U.S. judge blocks Trump from sending California National Guard to Portland for now
A federal judge in Oregon on Sunday temporarily blocked Donald Trump’s administration from sending some 200 federalized California National Guard troops to Portland, Oregon, a setback for the president as he seeks to dispatch the military to cities over the objections of their Democratic leaders. The ruling by U.S. District Judge Karin Immergut followed a […]
Read More
Trump plans to federalize 300 troops in Illinois, as judge blocks a similar mobilization in Oregon
President Donald Trump authorized the deployment of 300 Illinois National Guard troops to protect federal officers and assets in Chicago on Saturday, marking the latest escalation of his use of federal intervention in cities. But the same day, a similar mobilization of 200 National Guard troops in Oregon was temporarily blocked after a federal judge […]
Read More
Anduril and Palantir battlefield communication system has deep flaws, Army memo says
Signage for Palantir is seen during the Association of the United States Army annual meeting and exposition at the Walter E. Washington Convention Center in Washington on Oct. 14, 2024. Nathan Howard | Reuters The much-needed modernization of the U.S. Army’s battlefield communications network being undertaken by Anduril, Palantir and others is rife with “fundamental security” […]
Read More
CNBC Daily Open: U.S. stock indexes charge ahead with three record closes
The “Charging Bull” statue at Bowling Green in New York’s Financial District. Drew Angerer | Getty Images Investors continue to pile into stocks, undeterred by a government shutdown or shaky jobs data, with all three benchmarks hitting record highs Thursday. With the Senate not meeting yesterday because of Yom Kippur, the U.S. government stayed shut […]
Read More
Silicon Valley’s new defense tech ‘neoprimes’ are pulling billions in funding to challenge legacy giants
Guvendemir | E+ | Getty Images A wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America’s national security. Anduril Industries, recently valued at $30.5 billion following its latest funding round, is among the so-called “neoprimes” — companies challenging the dominance of legacy contractors, dubbed “primes,” such as Lockheed Martin, Northrop […]
Read More
‘We stand ready’: Defense giants welcome Europe’s push to build a drone wall to repel Russia
Police patrol near Christiansborg Palace in Copenhagen, Denmark, September 30, 2025, following recent drone disturbances over Denmark and ahead of meetings of EU heads of state and goverment in Copenhagen on October 1 and October 2. Liselotte Sabroe | Afp | Getty Images Defense giants welcomed Europe’s push to establish a drone wall on the […]
Read More
Palantir’s stock is up 1,700% since its NYSE debut five years ago. Here’s how it got there
People walk by a banner featuring the logo of Palantir Technologies (PLTR) at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020. Andrew Kelly | Reutersa When Palantir hit the stock market in September 2020, there was a lot that […]
Read More
Trump says he’ll send troops to Portland, Oregon, in latest deployment to U.S. cities
Tear gas and smoke envelop ICE agents as people protest against the U.S. President Donald Trump administration’s immigration policies, outside an ICE detention facility in Portland, Oregon, on Sept. 1, 2025. John Rudoff | Reuters President Donald Trump said Saturday he will send troops to Portland, Oregon, “authorizing Full Force, if necessary” to handle “domestic […]
Read More
CNBC Daily Open: U.S. tech shares pull back amid growing AI bubble worries
Traders work on the floor of the New York Stock Exchange during morning trading on Sept. 17, 2025 in New York City. Michael M. Santiago | Getty Images Individual equities and separate sectors popped Wednesday, but collectively, their moves weren’t forceful enough to lift indexes. Beleaguered American chipmaker Intel is finding itself in slightly less […]
Read More
CNBC Daily Open: Rallies of individual stock couldn’t push up major indexes
Traders work on the floor of the New York Stock Exchange during morning trading on Sept. 17, 2025 in New York City. Michael M. Santiago | Getty Images Individual equities and separate sectors popped Wednesday, but collectively, their moves weren’t forceful enough to lift indexes. Beleaguered American chipmaker Intel is finding itself in slightly less […]
Read More