Thales SA
European defense stocks have soared this year — could a rare earths bottleneck put a lid on the rally?
European defense companies have seen a monumental rise in value this year, as a regional push to ramp up military spending sparks a bull run on the sector. Strategists, analysts and industry leaders spoke to CNBC about the outlook for the industry, which has The industry has seen several stocks more than double in value […]
Read More
These European defense stocks have gained more than 100% on EU spending plans — and they could have further to climb
European defense stocks have surged in recent months as geopolitical tensions prompt regional officials to ramp up spending on national security. In Germany, lawmakers have passed a historic debt reform , paving the way for a huge splurge on defense, while U.K. Prime Minister Keir Starmer has pledged to hike Britain’s national spend on defense […]
Read More
Europe wants to pour billions of dollars into its own defense companies — but market watchers say it may not be able to shut American firms out
New army recruits of the Bundeswehr, Germany’s armed forces, during basic training on Nov. 29, 2022 near Prenzlau, Germany. Sean Gallup | Getty Images As Europe plans to pour billions of dollars into defense, many regional leaders are pushing for the money to be spent locally — but some market watchers say it’s inevitable that […]
Read More
As Europe ramps up defense spending, Thales CEO presses for the money to stay in the region
Europe should “take its destiny in its own hands” and strive to keep new defense budgets within its own borders, according to the chief executive of French defense giant Thales. The European Union plans to mobilize as much as 800 billion euros ($841 billion) to ramp up defense spending. The announcement came after the U.S. […]
Read More
France unveils 109-billion-euro AI investment as Europe looks to keep up with U.S.
French President Emmanuel Macron greets journalists after meetings with guests at the Elysee Palace before the opening ceremony of the Paris 2024 Olympic Games in Paris, France, July 26, 2024. REUTERS/Yara Nard Yara Nardi | Reuters France’s artificial intelligence sector will receive 109 billion euros ($112.6 billion) of private investment in the “coming years,” President […]
Read More
CNBC Daily Open: Buffeted by Middle East, propelled by China
Customers at a restaurants on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024. Qilai Shen | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like […]
Read More
Goldman Sachs names 4 world-wide protection shares to view as geopolitical threats rise
Quite a few nations around the world have been beefing up their defense budgets in light of mounting geopolitical tensions, and Goldman Sachs has named many European stocks to engage in the concept right now. “We believe we are in the center of a super-cycle in defense paying,” the investment bank’s analysts, led by Victor […]
Read More
With no Boeing passenger jets at the Singapore Airshow, Airbus and China just take centerstage
An aerial picture demonstrates Boeing 737 MAX airplanes parked on the tarmac at the Boeing Manufacturing unit in Renton, Washington, U.S. March 21, 2019. Lindsey Wasson | Reuters SINGAPORE — Boeing will not be bringing any industrial planes to the Singapore Airshow, shifting the highlight for passenger jets to rival Airbus as properly as China’s […]
Read More
China will showcase its domestic jetliner at the Singapore Airshow. Right here's what else to hope
A product of Comac’s C919 plane at the Singapore Airshow on Feb. 6, 2018. SeongJoon Cho / Bloomberg / Getty Illustrations or photos SINGAPORE — China is gearing up to showcase its narrow-physique passenger jet to a world-wide audience for the 1st time at the Singapore Airshow. Touted as a competitor to Boeing’s 737 and […]
Read More
Bank of The united states enjoys these 10 unloved world-wide shares with big upside
Lender of The united states strategists have named the 10 European shares they think are at present undervalued and could supply sizeable investment returns. These picks, which the expenditure financial institution refers to as the “Conquer Aspect Top rated 10,” are principally produced up of industrial and economical corporations. The industrial firms Airbus , Thales […]
Read More