Defense
Palantir falls 12% as analysts raise international growth concerns
Palantir co-founder and CEO Alex Karp speaks during the Hill & Valley Forum at the US Capitol Visitor Center Auditorium in Washington, DC, on April 30, 2025. Brendan Smialowski | Afp | Getty Images Palantir shares dropped more than 10% Tuesday even after the data analytics and artificial intelligence software company showed ongoing revenue growth […]
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Palantir lifts full-year guidance as CEO Karp cites ‘tectonic shift’ in AI adoption
Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on March 13, 2025. David Paul Morris | Bloomberg | Getty Images Palantir boosted its revenue guidance Monday as the artificial intelligence software company saw commercial and government revenue boom. Shares were down about 2% after […]
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Russia’s war in Ukraine ‘not going to end any time soon,’ JD Vance says
U.S. Vice President JD Vance waves as he boards Air Force Two on May 1, 2025 in Charleston, South Carolina. Pool | Getty Images News | Getty Images U.S. Vice President JD Vance has warned Russia’s full-scale invasion of Ukraine is not likely to come to an end “any time soon.” Speaking during an interview […]
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U.S. and Ukraine sign landmark minerals deal after months of fraught negotiations
Earth and minerals are loaded onto trucks at an open-pit mine near the frontline, despite the threat of bombing by Russian invading forces on February 26, 2025 in Donetsk Region, Ukraine. Pierre Crom | Getty Images News | Getty Images The U.S. and Ukraine have signed a long-awaited minerals deal, providing Washington with preferential access […]
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Palantir is soaring while its tech peers are sinking. Here’s why
Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on March 13, 2025. David Paul Morris | Bloomberg | Getty Images Tech stocks have struggled in 2025, as recession and trade war fears sap investor appetite for riskier assets. Palantir is the exception. Against a […]
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Congress Republicans seek $27 billion for Golden Dome in Trump tax bill: Reuters
A view of the US Capitol building ahead of US President Donald Trump’s address to a joint session of Congress in Washington, DC, on March 4, 2025. Alex Wroblewski | AFP | Getty Images Republicans in the U.S. Congress plan to introduce a sweeping $150 billion defense package that will give an initial $27 billion boost […]
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European Central Bank should only cut interest rates once more this year, IMF Europe head says
This photo taken on Jan. 30, 2025 shows the European Central Bank ECB headquarters in Frankfurt, Germany. Zhang Fan/Xinhua via Getty Images The European Central Bank should only enact one more quarter percentage point interest rate cut this year despite wider risks to economic growth, the International Monetary Fund’s Europe chief said Wednesday. “We have […]
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Hegseth shared information ahead of Yemen strikes in a Signal chat with wife and brother
Defense Secretary Pete Hegseth used his personal phone to send information about U.S. military operations in Yemen to a 13-person Signal group chat, including his wife and his brother, two sources with knowledge of the matter confirmed to NBC News. He did so after an aide had warned him to be careful not to share […]
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Musk’s SpaceX is frontrunner to build Trump’s ‘Golden Dome’ missile shield: Reuters
FILE PHOTO: Elon Musk gives a tour to U.S. President-elect Donald Trump and lawmakers of the control room before the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, U.S., November 19, 2024 . Brandon Bell | Via Reuters Elon Musk’s SpaceX and two partners have emerged as frontrunners to […]
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European and Asian defense stocks have rallied this year. A lack of trust in the U.S. could be driving those gains
Asian and European defense stocks have been outperforming their U.S. counterparts. Guvendemir | E+ | Getty Images A quote from the 2008 TV series “Star Wars: The Clone Wars” goes: “Wars are not won with superior weapons, but with superior strategy.” However, the strategy now in the markets, it seems, is investing in weapons — […]
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