iShares U.S. Aerospace & Defense ETF
Europe — told of Iran strikes just ‘minutes’ before they started — struggles to be heard as war escalates
A plume of smoke rises after a strike in Tehran, Iran, Monday, March 2, 2026. Mohsen Ganji | AP When the U.S. and Israel struck Iran on Saturday morning, “very few” people in Europe were told beforehand that the airstikes were about to begin, a senior lawmaker in the bloc told CNBC. “Very few people […]
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Iran war live updates: U.S. embassy in Riyadh hit by drones, Trump promises response ‘soon’
Trump touts ‘virtually unlimited’ U.S. munitions; UAE, Qatar deny weapons’ shortage President Donald Trump said Tuesday that the U.S. has a “virtually unlimited supply” of munitions as the war with Iran escalates. He added that the stockpiles “at the medium and upper medium grade” have never been higher or better. It was not immediately clear […]
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South Korea defense stocks soar with heavyweight Hanwha Aerospace surging 22% as traders react to Iran war
A Cheongung missile launcher is displayed during the Seoul International Aerospace and Defense Exhibition (ADEX 2025) at Seoul Air Base in Seongnam, Gyeonggi Province, South Korea, on October 17, 2025. Nurphoto | Nurphoto | Getty Images South Korean defense stocks saw massive gains on Tuesday after the country’s markets returned from a public holiday, as […]
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Next phase of Iran war ‘will be even more punishing’: Rubio, Trump officials brief Congress
U.S. Secretary of State Marco Rubio speaks to reporters in a departure lounge before returning to Washington following meetings with Caribbean Community (CARICOM) leaders, at Robert L. Bradshaw International Airport in Basseterre, Saint Kitts and Nevis, February 25, 2026. Jonathan Ernst | Reuters Secretary of State Marco Rubio on Monday reiterated comments from President Donald […]
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Retail investors had two favorite trades during Monday’s market turmoil
Mom-and-Pop investors rushed into a pair of trades on Monday following the U.S.-Israeli strikes on Iran. Retail investors sent millions of dollars on a net basis into the State Street Energy Select Sector SPDR ETF (XLE) and Palantir in the first hour of Monday’s session, according to VandaTrack. But the broader market didn’t see the […]
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Iran, Berkshire Hathaway earnings, OpenAI’s Pentagon deal and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. We’re coming off a weekend that could have long-term ramifications for world politics, so let’s dive in. Stock futures are tumbling this morning. The market notched a losing day and week on Friday. Here are five key things investors need […]
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Stocks making the biggest moves premarket: Exxon Mobil, Lockheed Martin, United Airlines & more
Check out the companies making headlines before the bell. Defense stocks 一 The group rose after a joint U.S.-Israeli attack on Iran over the weekend, that was met with retaliation by the oil producing giant. Lockheed Martin shares also gained 6%, while Northrop Grumman was up 5%. Drone maker AeroVironment jumped more than 10%. Oil stocks […]
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Why Iran should not count on allies Russia and China to come to its aid
China’s Foreign Minister Wang Yi (C) welcomes Russia’s Deputy Foreign Minister Sergey Ryabkov (L) and Iran’s Deputy Foreign Minister Kazeem Gharibabadi before a meeting regarding the Iranian nuclear issue at the Diaoyutai State Guesthouse in Beijing on March 14, 2025. – | Afp | Getty Images As U.S. and Israeli strikes entered their third day, […]
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Global defense stocks jump as U.S., Iran exchange attacks
Global defense stocks jumped early Monday as investors reacted to a dramatic military escalation in the Middle East over the weekend. The sector was a rare bright spot amid a broader market sell-off triggered by fears of a wider regional conflict. Germany’s Hensoldt and Britain’s BAE Systems were among the top performers in the Stoxx […]
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Khamenei’s death raises questions about Trump’s China trip
Key Points U.S. strikes on Iran raised doubts about Trump’s planned visit to China. Prediction markets showed increased bets on a greater likelihood of a delayed Trump trip. Analysts said trade talks may outweigh geopolitical tensions for both sides. Source
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