Wall Street opened the week on a risk-on footing, with the S&P 500 and the Nasdaq 100 extending record highs as strong earnings reinforced confidence in corporate America and investors continued to shrug off trade tensions.
Hadrian secures $260M in funding led by Peter Thiel's Founders Fund and Lux Capital. They plan to expand their facilities and disrupt traditional defense contracting to enhance US defense production. Notable investors include Andreessen Horowitz and Brad Gerstner's Altimeter Capital. Thiel's influence in the defense tech sector is increasing, with ventures like Erebor and Palantir's partnership with the Israeli Defense Ministry.
The Secretary of Defense just sent drone stocks soaring. Dive into the implications of Hegseth's latest memo and uncover why these stocks are benefiting big.
While strong cash flow is a key indicator of stability, it doesn’t always translate to superior returns.
Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning.
Lockheed Martin Corporation (NYSE: LMT) is in talks with mining companies to enable the development of its licensed areas on the Pacific seabed. The move comes as global competition for critical minerals continues to intensify.
The Senate panel’s measure would take the total defense budget to $991 billion for the year starting October, up from $961 billion in the current year.
