LVMH Posts Biggest Quarterly Drop Since Dot-Com; UBS Sees Luxury Opportunity

US Military Races To Harden Strategic Nuclear Bases With Counter-Drone AI Shield Defense company AeroVironment has won an $80.5 million order from the Joint Interagency Task Force 401 for its Titan MS counter-drone system, expanding the Department of War's efforts to secure critical defense infrastructure and other homeland sites from AI drone swarm attacks. The award falls under a previously announced $500 million sole-source IDIQ contract and will support the Air Force Global Strike Command's layered defenses against suicide drones attempting to breach airspace over strategic nuclear bases. "This investment provides...

Saylor's Strategy Shores Up Capital Structure With More Bitcoin, Stock Sales Michael Saylor’s Strategy Inc. is plowing ahead with its pivot from relentlessly buying Bitcoin to focusing on shoring up its capital structure by raising its reserve via sales of the token and its own shares. The company that grew to prominence with its years-long Bitcoin-accumulation tactic on Monday announced that it had last week completed a roughly $105 million sale of the digital asset, offloaded three million shares worth $291 million and repurchased some $81 million of of its STRC...

CNN embedded with a Ukrainian military unit that said they have been unable to intercept Russian missiles for over a month.  CNN reported speaking with Ukrainian soldiers who operate Patriot air defense systems. One soldier said that a Patriot missile system has sat idle since it was last fired ten weeks ago. A second Patriot […]