NATO members last year pledged to spend 5% of GDP on defense by 2035, or roughly $3 trillion a year, up from the previous 2% target.
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Shares of the Chinese robotics company skyrocketed 460% when it debuted on Shanghai’s STAR market on Wednesday.
Shares of ASML slid Tuesday, but experts and analysts cautioned that the panic behind the selloff is almost certainly overblown.
Apple shares climbed nearly 1% on the news, bringing it closer to reclaiming the throne as the biggest US company by market cap.
With the German car industry mired in structural disarray, the pivot to the thriving defense sector has fast become a sign of the times.
The US Bureau of Labor Statistics will be reporting May’s much-anticipated employment figures at the end of the week.
In a note to clients on Tuesday Morgan Stanley analysts flagged Ford Energy as having the potential to be a $10 billion business.
Considering Ternus’ timing, his first time taking the stage as CEO will likely be to introduce the next generation of iPhones this fall.
The aptly code-named startup Project Prometheus is close to scoring a new $10 billion fundraise at a cool $38 billion valuation.
High interest rates and prices (an average of $49,275 for new cars in March, per Kelley Blue Book data) have kept buyers from the car market.
Berkshire stock, which has lagged the S&P 500 for the past 12 months, fell Monday as results from Warren Buffett’s last quarter underwhelmed.
In a trade war running so hot it’s thawing shipping lanes across the Arctic, China is preparing to deploy a world-class icebreaking vessel.
Analysts think customers bought new iPhones for a boring reason: It was simply time to upgrade their old device.
General Motors faces another speed bump thanks to a recent deal that will allow thousands of Chinese EVs into Canada.
The good news is that CFO David Zinsner said that the company expects its supply to rebound through the rest of the year.