Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, left, and Senator Jack Reed, a Democrat from Rhode Island, speak during a confirmation hearing in Washington, DC, US, on Thursday, Oct. 30, 2025. Eric Lee | Bloomberg | Getty Images The Senate Armed Services Committee approved…
SINGAPORE, SINGAPORE – MAY 29: Police officers stand on patrol during the 23rd IISS Shangri-La Dialogue at the Shangri-La Hotel on May 29, 2026 in Singapore. Senior defence officials and military leaders from across the Asia-Pacific and beyond convene at the Shangri-La Hotel in Singapore for the International Institute for Strategic Studies (IISS) Shangri-La Dialogue,…
U.S. Secretary of Defense Pete Hegseth takes questions during a press briefing at the Pentagon on May 5, 2026 in Arlington, Virginia. Chip Somodevilla | Getty Images The U.S. aims to sustain equilibrium in the Asia-Pacific region and is working toward a situation where its allies are more capable, Secretary of War Pete Hegseth said,…
SpaceX is on the verge of going where no initial public offering has ever gone before. The company, created and led by Elon Musk, is targeting a stratospheric valuation of $1.75 trillion on the Nasdaq Stock Market. SpaceX may be fast-tracked into broadly held indexes like the Nasdaq 100 and S&P 500 at light speed….
U.S. President Donald Trump, Secretary of Defense Pete Hegseth behind, speaks to reporters aboard Air Force One on a flight from Dover, Delaware, to Miami, Florida, U.S., March 7, 2026. Kevin Lamarque | Reuters President Donald Trump scooped up shares of artificial intelligence software maker Palantir weeks before he famously lauded the stock, with its…
US President Donald Trump speaks during a maternal healthcare event in the Oval Office of the White House in Washington, DC, US, on Monday, May 11, 2026. Aaron Schwartz | Bloomberg | Getty Images President Donald Trump said Monday that U.S. arms sales to Taiwan and the imprisonment of Hong Kong media tycoon Jimmy Lai…
Wall Street’s scorching rally off its wartime lows back to new highs faces a big test this week: a jam-packed earnings calendar. The list of companies reporting stretches from linchpins of the AI trade like Club name GE Vernova to battleground software stocks such as ServiceNow to companies with their pulse on the industrial economy…
TEL AVIV, ISRAEL – APRIL 08: An Iranian cluster munition is fired towards Tel Aviv and the surrounding area around 3 AM on April 08, 2026 in Tel Aviv, Israel. Alexi Rosenfeld | Getty Images News | Getty Images Many Middle Eastern countries reported incoming missiles and drones from Iran on Wednesday, triggering air defenses…
The crew of Artemis II captured what NASA’s chief called an “absolutely stunning” photo of the moon eclipsing the sun, as the spacecraft broke Apollo 13’s 56-year-old record for the longest distance traveled by humans from Earth. “This is not AI,” NASA Administrator Jared Isaacman said in an interview with CNBC’s “Squawk Box” on Tuesday….
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Once considered a taboo sector to funnel money into by venture capitalists, defense tech has seen a remarkable shift over the past few years. It raised just $869 million globally in 2020, according to deal-counting platform Dealroom —…
