defense spending boom

Anduril founder Palmer Luckey stated his company's arms sales will strictly follow U.S. government policy, even if it means selling to adversaries. He emphasized that Anduril won't act independently of Washington, highlighting concerns about falling behind China in defense manufacturing. The company is expanding its production capabilities to counter this trend.

Nvidia's dominance in AI hardware is facing a significant challenge as customers seek cheaper, purpose-built inference chips. Major tech companies like Google, Microsoft, and Meta are developing their own alternatives, directly competing with Nvidia's established GPU dominance. This shift signals the end of Jensen Huang's 'one chip fits all' era.

Nato's procurement agency faces scrutiny amid a corruption investigation involving staff and ex-staff, with detentions in Belgium and the Netherlands. The probe, initiated by Nato itself, focuses on irregularities in ammunition and drone contracts.

A corruption investigation at the Nato Support and Procurement Agency is widening. Detentions occurred in Belgium and the Netherlands. Authorities suspect contract irregularities involving ammunition and drones. The probe extends to Italy, Spain, and the US. Nato wants to find the root cause. Increased defense spending raises concerns about oversight. Transparency International warns of corruption risks in the defense sector.

A prominent European tech investor warns of critical over-reliance on US space technology, particularly SpaceX, for satellite launches and communications. He stresses Europe's urgent need to develop its own self-sufficient space capabilities, especially for future military supremacy. This call comes as European defense tech investment surges, with startups now seen as vital partners.

The Czech Republic, a car production leader, faces a downturn in its automotive sector due to decreased Western demand and challenges in transitioning to electric vehicles. Simultaneously, the Czech arms industry is experiencing a boom, fueled by the war in Ukraine and increased defense spending. This shift presents an opportunity for automotive workers to transition to the growing defense sector, potentially reshaping the Czech economy.

The Czech Republic, once a car manufacturing giant, faces a production slump due to Western demand decline and slow EV transition. Simultaneously, its arms industry is surging, fueled by the Ukraine war, with 40% of production going to Ukraine. While some see arms as a potential economic engine, skepticism remains about replacing the automotive sector.

India faces criticism for profiting from Ukraine war through purchasing Russian oil. The US economy benefits from the war, with defense contractors like Lockheed Martin seeing gains. Global defense spending has increased, and there is a shift towards strengthening defense collaborations. The USA’s arms exports grew by 14 per cent between 2013–17 and 2018–22 and its share of total global arms exports rose from 33 per cent to 40 per cent.

Pete Carroll expressed his enduring affection for Earl Thomas, despite acknowledging a fractured bond. Carroll's comments highlighted Thomas's personal struggles following his departure from the Seahawks in 2018, marked by a controversial exit and subsequent off-field issues. Despite the challenges, Carroll maintains respect and love for Thomas, reflecting on their shared history and hoping for his well-being.

Congress is on track in the coming week to give final approval to a national military budget for the current fiscal year that is expected to reach approximately $858 billion - or $45 billion above what President Biden had requested. Lockheed Martin, the nation's largest military contractor, had booked more than $950 million worth of its own missile military orders from the Pentagon in part to refill stockpiles being used in Ukraine.

Sirens rang out shortly after midnight Thursday as Russia targeted Kyiv with a barrage of Iranian-made Shahed exploding drones that wounded two people and destroyed several homes.

A deceleration in certain discretionary segments at the top-end personal care products and packaged foods is posing a medium-term glitch for the otherwise recession-proof fast-moving consumer goods (FMCG) sector. As consumers tighten their purse strings, volumes have got impacted.

US consumer confidence inched up to a 17-month high in July, with households' spending plans rising even as concerns about higher inflation lingered, suggesting the economy maintained its strong growth clip early in the third quarter.

The government's increasing role as a major buyer of gold and debt, coupled with its investments in capital goods and support for healthcare and software, has proven highly profitable for investors tracking its activities over the past five years

Red & blue teams: Firms want people who can attack safely or defend decisively

General Manager Ran Carthon of the Tennessee Titans reveals his roster strategy with high hopes for the 2024 season. Backed by owner Amy Adams-Strunk, the team makes major roster and staff changes. Second-year quarterback Will Levis is pivotal, alongside significant offensive and defensive reinforcements.

Nvidia stock has risen more than 20% in 2025, and is up more than 1,000% since the beginning of 2023. Nvidia now accounts for 7.5% of the S&P 500 Index – that makes it not just a stock but a market force in itself. How Nvidia is shattering one record after another

Global oil markets are facing turmoil due to Trump's tariff policies and OPEC+'s surprising decision to increase supply, leading to declining prices. This situation is further complicated by concerns about global economic growth and geopolitical factors. For Russia, falling oil prices could severely impact its economy, potentially forcing a reevaluation of its military spending and strategy in Ukraine.

RRP Semiconductor Ltd. has experienced an astonishing 55,000% stock surge in 20 months, becoming a social media sensation and a cautionary tale for AI investors. Despite negative revenue and minimal operations, online hype and a small free float fueled its rise, now drawing regulatory scrutiny. The company has denied direct involvement in semiconductor manufacturing or celebrity endorsements.

Brazilians began voting on Sunday morning in a polarising presidential runoff election that pits incumbent Jair Bolsonaro vowing to safeguard conservative Christian values against former President Luiz Inácio Lula da Silva promising to return the country to a more prosperous past. The vote is conducted electronically and the final result is usually available within hours after voting stations close late afternoon.

In 1999, Nvidia made its debut on the Nasdaq stock exchange, eventually replacing Enron in the S&P 500. Since then, Nvidia has become the best performing stock of the last quarter-century with a total return of 591,078%. It took less than three years for Nvidia Corp. to ascend into the S&P 500 — replacing the disgraced oil-trading conglomerate Enron, no less.

Winter's dry air zaps moisture from hair, causing annoying static. Combat this by boosting hydration with creamy conditioners and weekly masks. Opt for microfiber towels and avoid plastic brushes. Lightweight leave-in conditioners, heat protectants, and even dryer sheets can tame flyaways. Consider satin pillowcases and minimize touching your hair to keep it smooth and static-free all season.

The Internet of things, without security, is the internet of threats. It doesn’t take an expert to decode this when the news of breach after breach hits the headline. Cyberattacks are a by-product of the rapidly changing digital space, and they are not only here to stay but evolve. With widespread digital transformation, aided by COVID-19 and remote working, data is more vulnerable than ever before, and all industries have taken notice.

A study reveals that Amish children in northern Indiana exhibit remarkably low allergy rates. Early exposure to farm environments appears to strengthen their immune systems. Contact with animals and microbe-rich dust plays a crucial role. Raw milk consumption may also contribute to this immunity. Scientists are exploring ways to replicate these benefits for others.

NFL players are famous for their lavish spending habits. This article explores the top 10 most extravagant purchases made by these athletes, such as Chad Ochocinco's custom semi-truck and Aaron Rodgers' Malibu mansion. These acquisitions underscore the luxurious lifestyles enjoyed by professional football players.

Trump’s actions are shaking global politics, triggering trade wars, diplomatic tensions, and geopolitical uncertainty. From tariffs on allies to controversial plans for Gaza and Greenland, world leaders are scrambling to respond. Some, like Denmark, push back; others, like Colombia, concede under pressure. Meanwhile, Europe braces for potential economic fallout, and far-right leaders rally behind Trump’s agenda. His unpredictable approach is reshaping alliances and global stability.

It is difficult to predict how a market crisis will play out. Investors should concentrate on protecting money.