Raytheon Technologies Corp
Palantir delivers first two AI-enabled systems to U.S. Army
A Palantir Technologies TITAN, Tactical Intelligence Targeting Access Node, for military defense field intelligence deployment, is displayed at the companys booth during the Consumer Electronics Show (CES) in Las Vegas, Nevada on Jan. 5, 2023. Patrick T. Fallon | AFP | Getty Images Palantir is rolling out its first two artificial intelligence-enabled systems to the […]
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It’s a great time to buy defense stocks as DOGE cuts fears are overblown, says Citi
Citi Research thinks the market is failing to correctly price aerospace and defense stocks, leaving open a huge opportunity to buy the dip amid signs of defense spending growth. Defense stocks have taken a hit in recent weeks given uncertainty tied to DOGE’s cost-cutting efforts and President Donald Trump’s mixed messages on his trade and […]
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As Europe ramps up defense spending talks, analysts name the stocks set to benefit
Global officials gathered in Munich, Germany, over the weekend for the Munich Security Conference, with talk focused on defense spending and the war in Ukraine. European officials appeared to signal a willingness to ramp up spending following pressure to do so from U.S. President Donald Trump. EU Commission President Ursula von der Leyen said defense […]
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Defense stocks could be caught between Trump’s trade war and big military spending plans
The second Donald Trump administration began with some aggressive moves by the U.S. president toward other world powers, but the impact of those actions on American defense companies is still up in the air. Trump’s unorthodox approach to diplomacy and a looming budget fight on Capitol Hill means defense contractors have a high degree of […]
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There’s still value for Nvidia despite DeepSeek threat, says strategist Jay Woods
There’s more gains ahead for shares of Nvidia despite the emergence of AI startup DeepSeek, according to Jay Woods, chief global strategist of Freedom Capital Markets. Woods joined CNBC’s ” Power Lunch ” on Tuesday to share his take on the AI chipmaker. Here’s what he had to say during the segment’s “Three-Stock Lunch.” Nvidia […]
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Stocks making the biggest moves midday: General Motors, Lockheed Martin, Nvidia and more
Check out the companies making headlines in midday trading: JetBlue — Shares plunged 26% after the airline shared a disappointing cost outlook . JetBlue estimated that its unit costs, excluding fuel, could rise as much as 7% year over year in 2025 and 10% year over year for the first quarter. Despite this, JetBlue beat […]
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Stocks making the biggest moves premarket: Nvidia, Oracle, JetBlue, General Motors and more
Check out the companies making headlines in premarket trading. Nvidia — The artificial intelligence darling bounced back about 3% after plunging 17% a day earlier. Shares of peer firms with large AI exposure Broadcom and Oracle also ticked up more than 2%. Boeing — The aerospace stock fell less than 1% after fourth-quarter results missed […]
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JetBlue offers some pilots early retirement packages, union says
A passenger arrives at Ronald Reagan Washington National Airport on November 21, 2023 in Arlington, Virginia. Alex Wong | Getty Images JetBlue Airways is offering early retirement packages to some of its pilots, their labor union told members on Friday. The carrier has been working to cut costs and raise up revenue with initiatives such […]
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Megacaps lead a major week of earnings as traders seek clarity on the state of the bull market
The Magnificent Seven companies reporting in the week ahead could unlock the next leg of the rally, as investors bet that earnings growth fueled by artificial intelligence could power a market some worry has gone to excess. The Federal Reserve will also hold its January meeting, with key inflation data coming Friday. Four out of […]
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What went wrong for Spirit Airlines?
In November, Spirit Airlines filed for Chapter 11 bankruptcy protection. The icon of U.S. budget air travel hasn’t had a profitable year since 2019, and it’s lost more than $2 billion since 2020. How did it get here? The Covid-19 pandemic was devastating to all airlines, but that was just the start of Spirit’s financial […]
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