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Hegseth Reveals "AutoWarCom" As $74 Billion Drone Splurge May Ignite This Stock
Hegseth Reveals "AutoWarCom" As $74 Billion Drone Splurge May Ignite This Stock
Beyond nuclear, the "powering up America" theme, AI, and the more recent "own the bottlenecks" theme, we have also outlined incoming tailwinds for drone and counter-UAS companies as the Department of War adapts to the wars in Ukraine and the Gulf area. That requires massive drone stockpiling and the development of conflict-free supply chains.
To do this, Defense Secretary Pete Hegseth is creating a four-star combatant command for autonomous warfare, seeking to accelerate the DoW's purchases across all categories...
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Fidelity, Vanguard Halt Donations To SPLC After Federal Indictment
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Fidelity and Vanguard have stopped processing donations to the Southern Poverty Law Center through their donor-advised fund platforms, citing the organization’s recent federal indictment on fraud charges.
The moves came April 29, eight days after a federal grand jury in Alabama indicted the SPLC on 11 counts of wire fraud, false statements to a bank, and conspiracy to commit money laundering. Prosecutors allege that between 2014 and 2023 the group secretly funneled more than $3 million in donor funds to individuals affiliated...
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