After years of surging military budgets, emergency Ukraine spending and soaring defense stocks, Europe’s rearmament push must now prove it can turn hundreds of billions of euros into weapons, factories and usable military capability. The question for investors no longer seems to be one of defense demand or political ambition, but whether valuations have run…
Pierre Yared, acting chair of the Council of Economic Advisers, speaks to members of the media during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Tuesday, Feb. 24, 2026. Graeme Sloan | Bloomberg | Getty Images Pierre Yared is leaving his role as the acting chairman of the…
US President Donald Trump speaks with reporters after signing a presidential memo at the Oval Office of the White House in Washington, DC, on June 29, 2026. Saul Loeb | AFP | Getty Images President Donald Trump’s annual financial disclosure report was released on Tuesday by the U.S. Office of Government Ethics. Trump’s disclosure report…
Less than 2% of NCAA athletes are drafted into a professional sport, according to NCAA data. Icon Sportswire | Icon Sportswire | Getty Images A bipartisan committee on Capitol Hill scrutinized the role of private equity in youth sports on Tuesday, a potential sign that Congress could be inching closer to intervening. The hearing, titled “Field…
Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Prakash Singh | Bloomberg | Getty Images The Trump administration’s crackdown on Anthropic’s leading artificial intelligence models is looking like a gift to the country’s top adversary in the AI race: China…
U.S. Rep. Thomas Kean Jr. (R-NJ) (C) arrives at the U.S. Capitol with his wife Rhonda Kean (R) on June 30, 2026 in Washington, DC. Anna Moneymaker | Getty Images Rep. Tom Kean Jr., R-N.J., said Tuesday that he was diagnosed with depression, explaining a months-long absence from Congress that had become a political liability…
AeroVironment shares skyrocketed 21% after the dronemaker easily blew past Wall Street’s fiscal fourth-quarter estimates, benefiting from U.S. plans to modernize the military and secure space. The Virginia-based defense company more than doubled revenue from a year ago to $642 million, while funded backlog jumped 65% to $1.2 billion. Revenue for autonomous systems totaled $492…
Indonesian investigators on Thursday named a former education minister and co-founder of Gojek, Nadiem Makarim, a suspect in a corruption case. Bloomberg | Bloomberg | Getty Images An Indonesian corruption court on Tuesday sentenced former Education Minister Nadiem Makarim, a co-founder of ride- hailing and payments giant Gojek, to 10 years in prison for corruption….
People walk along the Corniche area in Doha, Qatar, on June 29, 2026. United States and Iranian negotiators are scheduled to hold high-level talks in Doha, according to media reports. Nurphoto | Nurphoto | Getty Images Oil prices were slightly higher on Tuesday as energy market participants closely monitored the potential for fresh talks between…
AeroVironment stock ripped 19% higher on Monday after the bell as the dronemaker reported fourth-quarter earnings that beat on the top and bottom lines. The company smashed expectations, reporting earnings of $1.84 per share while analysts polled by LSEG were expecting $1.46 per share. Revenue also came in ahead, more than doubling to $642 million…
