Sam Bankman-Fried just threw a wrench in his criminal trial before it even started. A judge barred Bankman-Fried from using “encrypted or ephemeral” messaging apps like Signal until a court hear...
Tag: Defense
China urges calm after U.S. shoots down suspected spy balloon
“What I want to emphasize regarding this unexpected accident is that both sides, especially the U.S., should remain calm,” said China’s Ministry of Foreign Affairs spokesperson Mao N...
MakerDAO Earmarks $5M For Legal Defense
MakerDAO governance has approved a new multi-million fund aimed at reimbursing certain individuals’ legal expenses. The Defense Fund, consisting of 5 million dai (DAI) — Maker’s US dollar-pegged stabl...
It’s A Spy Balloon, Defense Secretary Says, Disputing China’s ‘Civilian Airship’ Claim
Topline Defense Press Secretary Pat Ryder said the federal government is certain the Chinese object traversing U.S. airspace is a “surveillance balloon,” he said Friday in response to the Chinese gove...
How To Invest In Defense Stocks To Capitalize On U.S. Government Spending In 2023
Getty Images Key takeaways The U.S. government is poised to spend about $800 billion on defense in the coming year Some publicly-traded companies compete for government defense contracts that can be w...
A Top Republican Warns High Risk Of China-Taiwan War. Here’s How To Invest If It Happens
TOPSHOT – China’s sole aircraft carrier, the Liaoning (R), arrives in Hong Kong waters on July 7, … [+] 2017, less than a week after a high-profile visit by president Xi Jinping. Chi...
Google’s ex-CEO Eric Schmidt tapped for federal biotech commission that allows members to keep investments
On Dec. 30, leaders of the House and Senate Armed Services committees announced the selection of former Google CEO Eric Schmidt and 11 others to serve on a new federal commission on biotechnology. Tas...
Top Republican Warns High Risk Of China-Taiwan War. Here’s How To Invest If It Happens
TOPSHOT – China’s sole aircraft carrier, the Liaoning (R), arrives in Hong Kong waters on July 7, … [+] 2017, less than a week after a high-profile visit by president Xi Jinping. Chi...
Sam Bankman-Fried’s defense moves to remove restrictions on FTX assets
On Jan. 28, Sam Bankman-Fried’s legal representatives filed paperwork to have a restriction lifted that currently prohibits the former CEO from accessing FTX’s funds. Bankman-Fried’s legal team argue...
Boeing’s Terrible Earnings Have Left Wall Street More Bullish. Here’s Why.
Free cash flow at commercial aerospace giant Boeing has stabilized. Earnings, however, are all over the place. That isn’t bothering Wall Street, though—the stock remains attractive and target prices a...
After United Airlines win, Boeing is involved in ‘more big orders,’ CEO says
Boeing Co., which recently clinched a major deal with United Airlines Holdings Inc. for hundreds of its jets, also has some other big deals, according to CEO Dave Calhoun. “We’re involved in more big ...
Who Makes Abrams M1 Tanks? What to Know About General Dynamics.
As the Ukraine-Russia war continues, the U.S. has decided to send 31 advanced Abrams tanks to Ukraine. That military staple comes from American aerospace and defense giant General Dynamics which repor...
Boeing Reports Earnings Wednesday. What to Expect.
Text size Boeing investors are looking for improvement in sales, earnings and free cash flow in 2023. Logan Cyrus/Getty Images Boeing investors have endured a lot of bad news over the past few years. ...
A Modern Day Manu Ginobili
CHICAGO, ILLINOIS – APRIL 22: Alex Caruso #6 of the Chicago Bulls reacts to a three point shot … [+] during the second quarter of Game Three of the Eastern Conference First Round Playoffs ...
Here’s Why I Won’t Exit Lockheed Martin or Defense Stocks
On Tuesday morning, defense and aerospace giant Lockheed Martin (LMT) , which is a long-time Sarge name though I had recently reduced exposure, released the firm’s fourth quarter financial resul...
Raytheon sales fall slightly short of estimates as it announces to realign into three business segments
Raytheon Technologies Corp. RTX, -0.54% said Tuesday it had net income of $1.422 billion, or 96 cents a share, in the fourth quarter, more than double the $686 million, or 46 cents a share, posted in ...
GE stock falls after earnings, FCF beat expectations but outlook was downbeat
Shares of General Electric Co. GE, +2.69% fell 2.2% in premarket trading Friday, after the industrial conglomerate reported fourth-quarter profit, revenue and free cash flow (FCF) that beat expectatio...
Elon Musk tells court Saudi Arabia wanted to take Tesla private, $420 ‘not a joke’
Elon Musk testified Monday he believed he had funding secured to take Tesla Inc. private in 2018, both from a Saudi Arabian investment fund and from his stake in SpaceX, and that one of his key tweets...
United States Transformative Mega Trends Report 2022-2030: Focus on Connectivity, Cognitive Era, Security and Defense, Smart is the New Green – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Transformative Mega Trends in the United States through 2030” report has been added to ResearchAndMarkets.com’s offering. This research service examines the technological a...
Aerospace Stocks Are Wall Street Favorites. 1 Analyst Sees a Risk Though.
Aerospace stocks are hot on Wall Street, pushed by analysts who expect the demand in global air travel to keep growing. There is a very real risk to the sector’s rosy year, though—rising interest rate...
Sam Bankman-Fried Disputes FTX US ‘Shortfall’ Claims, Critics Skeptical of Excel Spreadsheet Defense – Bitcoin News
Following an update from FTX debtors about the $5.5 billion discovered by administrators during an investigation, former FTX CEO Sam Bankman-Fried (SBF) took to Twitter to share a blog post from his S...
How The Defense Industry Became A Defining Feature Of The U.S. Economy
A hundred years ago, the United States did not have a defense industry. At least, not in the sense that term is used today. Companies like Dupont and Bethlehem Steel that had benefited handsomely from...
SBF Claims Robinhood Shares Necessary for Personal Legal Defense
Sam Bankman-Fried is fighting to retain control of his some $450 million worth of Robinhood stock prosecutors staked claim over on Wednesday, a new court filing shows. The Department of Justice,...
Sam Bankman-Fried’s lawyers claim he needs Robinhood shares ‘to pay for his criminal defense’
The legal team for former FTX CEO Sam Bankman-Fried has filed a motion in an effort to stop the exchange’s debtors from controlling more than $450 million worth of shares of Robinhood. In a Jan. 5 cou...
Boeing Stock Gets Bump as Analyst Sees Blowout Deliveries in December
Text size Boeing stock has begun 2023 in the green. Jason Alden/Bloomberg Boeing finished out 2022 strong and the new year is looking up, causing one analyst to hike his price target on the shares. He...
Boeing stock downgraded on ‘worse-than-expected’ supply-chain problems
Boeing Co. faces ongoing supply-chain challenges that will limit upside from jet deliveries and create an overhang on investor sentiment. That’s from analyst Ken Herbert at RBC, who on Friday downgrad...