Defense
Defense stocks rally as Trump, in a major shift, says Ukraine can win back territory from Russia
A Swedish Air Force Saab JAS 39 Gripen jet fighter takes off during the NATO’s Ramsteign Flag 2025 exercice at Leeuwarden Air Base on April 8, 2025. John Thys | Afp | Getty Images Global defense stocks moved higher on Wednesday after U.S. President Donald Trump, in a major rhetorical shift, said Ukraine could retake […]
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In major shift, Trump says he now thinks Ukraine can win back all of its territory taken by Russia
U.S. President Donald Trump meets with Ukrainian President Volodymyr Zelenskyy during the 80th United Nations General Assembly, in New York City, New York, U.S., Sept. 23, 2025. Alexander Drago | Reuters President Donald Trump said Tuesday afternoon that he thinks Ukraine, with help from the European Union, could win back its territory from Russia and return the country […]
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Trump-Xi meeting likely to happen next year, says U.S. ambassador to China
U.S. Ambassador to China David Perdue speaks to reporters in Beijing on Sept. 23, 2025. CNBC | Evelyn Cheng BEIJING — A highly anticipated meeting between the U.S. and Chinese presidents is more likely to take place next year than this fall, U.S. Ambassador to China David Perdue said Tuesday. “We’re looking forward to getting […]
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Fund manager reveals the rule that made him a 2,000% return on one stock
Europe’s defense stocks have boomed this year , with some major players tripling in value — but one fund manager spotted the potential in sector darling Rheinmetall early, and won big as a result. Christopher Hart manages Boston Partners’ $5.8 billion Global Premium Equities fund, which, net of fees, gained 22% from the beginning of […]
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Rheinmetall chief says Europe must catch up with Russia’s ammunition output as it opens mega plant
Workers are seen at the new Rheinmetall artillery munitions factory during its inauguration on August 27, 2025 in Unterluess, Germany. Germany is investing heavily to modernize the Bundeswehr, its armed forces. Morris Macmatzen | Getty Images News | Getty Images Rheinmetall‘s newly-opened factory in Northern Germany — set to become Europe’s biggest ammunition production facility […]
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Microsoft had police remove protesters who stormed office over work with Israeli military
Brad Smith, president of Microsoft Corp., at the Web Summit conference in Vancouver, British Columbia, Canada, on Wednesday, May 28, 2025. The annual conference gathers key industry figures in technology. James MacDonald | Bloomberg | Getty Images Microsoft asked police to remove people who improperly entered a building at its headquarters in protest of the […]
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Trump Pentagon is ‘thinking’ about taking equity stakes in defense contractors, says Lutnick
Trump administration military leaders are “thinking about” whether the U.S. should acquire equity stakes in top defense contractors such as Lockheed Martin, Commerce Secretary Howard Lutnick said Tuesday. The Cabinet secretary, in an interview on CNBC’s “Squawk Box,” revealed the government’s interest in taking those stakes days after the U.S. government acquired 10% of Intel […]
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India, Russia vow to deepen trade ties, defying Trump’s tariff threats over oil
TOPSHOT – Russia’s Foreign Minister Sergey Lavrov (R) and India’s Foreign Minister Subrahmanyam Jaishankar enter a hall for their talks at Zinaida Morozova’s Mansion in Moscow on August 21, 2025. Alexander Zemlianichenko | Afp | Getty Images India and Russia agreed Thursday to expand bilateral trade ties, signaling that U.S. tariff pressure on New Delhi […]
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Palantir stock plummets 20% from highs in longest losing streak since April 2024
Palantir shares sank into bear market territory Wednesday after six straight days of heavy selling. The slide marks the longest such streak for the artificial intelligence software company since April 2024, and brings shares down 20% from the recent record. Shares closed in correction territory on Tuesday after accumulating a 15% loss from the highs. […]
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Palantir stock slumps 9%, falling for a fifth straight day from record
CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania on July 15, 2025. Andrew Caballero-reynolds | Afp | Getty Images Palantir‘s stock slumped more than 9% on Tuesday, falling for a fifth straight day to continue its pullback from all-time highs. […]
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