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UBS: Trump's Historic Military Budget Request Could Boost Beaten-Down Defense Stocks
UBS: Trump's Historic Military Budget Request Could Boost Beaten-Down Defense Stocks
U.S. defense stocks showed signs of stabilizing in April after tumbling since Operation Epic Fury began in late February and sustaining a Mach bloodbath. The improvement followed Friday's White House proposal to lift military spending sharply, to roughly $1.5 trillion in 2027.
UBS analyst Allyson Gordon said Monday morning that the White House budget request "should help sentiment," which has deteriorated since the U.S.-Iran conflict began. Last week, Gordon asked, "Why is U.S. defense performance lackluster?"
Earlier, the analyst said:
Defense...
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Mar 31, 2026 / Tyler Durden
Gearing Up For Artemis II: NASA's High-Stakes Test Run Around the Moon
Gearing Up For Artemis II: NASA's High-Stakes Test Run Around the Moon
NASA is gearing up for Artemis II, its first crewed mission to the moon since the Apollo era—but this one is more of a high-speed dress rehearsal than a landing, according to KSL.com. Four astronauts will take a roughly 10-day trip that loops around the moon and comes straight back, with no orbiting or moonwalks.
The crew—Reid Wiseman, Victor Glover, Christina Koch, and Jeremy Hansen—marks a few firsts: the first woman, first person of color, and first non-American assigned...
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May 30, 2026 / Tyler Durden
UK's Ofcom Investigates Airing Of Trump Interview Calling Climate Change A "Hoax"
UK's Ofcom Investigates Airing Of Trump Interview Calling Climate Change A "Hoax"
Authored by Jonathan Turley,
I have been writing about the decline of free speech in the United Kingdom for years, including in my book The Indispensable Right: Free Speech in an Age of Rage.
One of the most critical components of the British censorship system is Ofcom, the Office of Communications, which regulates the broadcasting, internet, telecommunications, and postal industries.
The most recent controversy is detailed in the Telegraph, with Ofcom investigating GB News over the simple replaying of a Trump interview in...
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May 7, 2026 / Tyler Durden
Is It Time For Von Der Leyen To Go?
Is It Time For Von Der Leyen To Go?
Via Remix News,
Amidst continued fears regarding Putin attacking beyond Ukraine and economic uncertainty caused by the continued closure of the Strait of Hormuz, Brussels is reportedly beginning to grumble, i.e., look for someone to blame and remove.
Now, according to a report by Finnish public service media Yle, cited by Világgazdaság, voices are growing to remove the president of the European Commission, Ursula von der Leyen.
Several European leaders, as well as NATO officials, have long warned that Moscow may potentially attack NATO states, which...
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