Category: Top Story
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DroneShield, NEO Battery, and BYD: Innovations in a billion-dollar market
Drones are rapidly changing modern warfare. Today, inexpensive aircraft can threaten even expensive military technology, pushing traditional defense systems to their limits. At the same time, the demand for powerful batteries is increasing, as range and operating time could become decisive factors. AI-supported drone defense, high-performance batteries, and new battery technologies are thus at the…
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Oil Near $100 Viewed as Manageable for U.S. Economy, Capital Economics Says
Crude prices approaching $100 per barrel may not be especially harmful for the U.S. economy, according to research firm Capital Economics, which notes that the country’s position as a modest net exporter of energy helps soften the impact. Stephen Brown, deputy chief North America economist at Capital Economics, wrote in a note this week that…
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Q4 signaled investor rotation “from gold to black gold,” BofA says
Investor positioning began shifting in the fourth quarter as money managers rotated capital “from gold to black gold,” according to a note released Tuesday by Bank of America strategist Savita Subramanian. Subramanian pointed out that investors had already started increasing exposure to Energy before the latest U.S.-Israel strikes on Iran, with the subsequent retaliatory attacks…
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U.S. Stocks See Further Downside As Early Buying Interest Evaporates
Following the sell-off seen during Thursday’s session, stocks rebounded in early trading on Friday but showed a notable move back to the downside as the day progressed. The major averages pulled back well off their early highs and into negative territory. The major averages added to the steep losses posted in the previous session, falling…
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Oil demand destruction likely only at around $155/bbl, Bernstein says
Oil prices would have to climb significantly above current levels before triggering a meaningful drop in demand, according to analysis from Bernstein. Analyst Irene Himona said that “in today’s money we would need $155/bbl as the FY26 annual average, to reach the same 5.2% oil burden” experienced in 2007, a level historically associated with high…
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Bargain hunting could drive early rebound on Wall Street: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures are indicating a higher start to Friday’s session, suggesting equities may recover some ground after the sharp sell-off seen in the previous trading day. Early strength on Wall Street may be fueled by bargain hunting, as some investors look to buy stocks at lower valuations following Thursday’s slump, which pushed the…
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Adobe beats estimates but announces CEO departure; shares slide
Adobe (NASDAQ:ADBE) said Thursday that long-serving chief executive Shantanu Narayen will step down after eighteen years in the role, adding that its board has begun the process of selecting a successor. The announcement came alongside quarterly results that exceeded analyst expectations on both revenue and earnings, as well as guidance for the current quarter that…
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Apple lowers App Store commissions in China to 25%
Apple (NASDAQ:AAPL) said on Friday that it will reduce the commissions it charges app developers in China, a rare adjustment for the company in what is its largest market outside the United States. The tech giant announced that its fee on digital transactions made through the App Store in China will fall to 25%, down…
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Mobix Labs Lands U.S. Navy Tomahawk Missile Component Order
Defense technology supplier Mobix Labs (NASDAQ:MOBX) has secured a significant production purchase order tied to the U.S. Navy’s Tomahawk cruise missile program—highlighting the company’s growing role in the defense electronics supply chain. The order calls for high-reliability filtering components used to protect sensitive onboard electronics from electromagnetic interference (EMI). These components are already integrated into…
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Oil holds above $100 as Iran conflict keeps markets on edge — key drivers to watch: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures were slightly lower early Friday as crude prices stayed elevated amid ongoing hostilities in the Middle East. Brent crude continues to trade above the $100-per-barrel mark, with little sign of an imminent slowdown in the joint U.S.-Israeli offensive against Iran, which has now lasted more than a week. Rising energy costs have…