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6 Defense Stocks To Watch After Trump Halts Weapons Shipments To Ukraine
Monday, March 10, 2025 - 4:26pm | 1438Global geopolitical tensions reached a new high after the contentious February 28 Oval Office meeting between Ukrainian President Volodymyr Zelenskyy and US President Donald Trump. A trend toward less US military support for Ukraine was evident for many investors long before that meeting, as...
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US Announces $725 Million Arms Package For Ukraine
Monday, December 2, 2024 - 7:45pm | 464The Pentagon announced Monday the latest arms package for Ukraine totaling $725 million, the largest since a $1 billion package in April. The arms package will include the second shipment of antipersonnel mines that President Joe Biden authorized. According to a Bloomberg report, the latest arms...
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US, Germany Sniff Out Russian Attempt To Assassinate German CEO
Thursday, July 11, 2024 - 2:42pm | 436A report on Thursday uncovered a Russian plot to assassinate Rheinmetall ADR (OTC:RNMBY) CEO Armin Papperger. Rheinmetall, a German arms manufacturer, supplies weapons to Ukraine in their ongoing war with Russia. What Happened: CNN was the first to report the attempt, citing anonymous officials,...
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US Has Sent Thousands Of Hellfire Missiles And 2,000-Pound Bombs To Israel Amid Ongoing War With Hamas: Report
Saturday, June 29, 2024 - 4:20am | 476The Joe Biden administration has reportedly sent a substantial amount of munitions to Israel, including over 10,000 highly-destructive 2,000-pound bombs and thousands of Hellfire missiles, since the commencement of the Gaza war in October. What Happened: The list of munitions sent to...
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US Paused Israel's Weapons Shipment To Prevent Escalating Rafah Tensions: Report
Wednesday, May 8, 2024 - 9:23am | 548The Biden administration reportedly put a hold on a weapons shipment to Israel, amid growing concerns over potential Israeli military action in the southern Gaza city of Rafah. What Happened: An unnamed senior administration revealed that the U.S. government suspended a shipment of weapons to...
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UN Says North Korea Steals Billions In Crypto To Fund Doomsday Weapons
Friday, March 22, 2024 - 1:22pm | 424The United Nations (UN) Security Council has disclosed findings from an investigation into North Korea’s sanction evasion tactics, revealing a significant portion of the country’s foreign currency earnings — approximately 50% — stem from cyberattacks on cryptocurrency-related firms....
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GOP Candidate Vivek Ramaswamy Emerges As 'Second Amendment Absolutist' — Supports Gun Rights For Convicted Felons
Thursday, September 7, 2023 - 8:17pm | 426Republican presidential candidate Vivek Ramaswamy has articulated his belief that convicted felons should be permitted to carry guns. According to Politico, Ramaswamy shared his views on a podcast hosted by former New York Governor Andrew Cuomo, which is set to air on Thursday. During the...
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US Concerned As Russia, North Korea Advance Arms Deals Amid Ukraine Invasion
Thursday, August 31, 2023 - 6:32pm | 381Russia announced plans to strengthen its relationship with North Korea. The White House and recent U.S. intelligence reports suggest the countries were actively advancing arms negotiations amidst Russia’s ongoing military involvement in Ukraine, adding a layer to the already foggy...
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War Winners: Why The Defense Contracting Business Is Thriving
Tuesday, December 6, 2022 - 1:37pm | 473The Russian invasion of Ukraine brought new headwinds for the market. Namely, the sanctions on oil and energy exports from Russia pushed the cost of energy to new highs throughout the world. But, not everyone loses in wartime. Defense contractors have had a great year. Stocks...
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Facebook Bans Ads For Weapon Accessories And Protective Gear
Sunday, January 17, 2021 - 11:44am | 256Facebook Inc (NASDAQ: FB) is banning all ads related to weapon accessories and other equipment. What Happened: The social media platform announced yesterday it would start banning all advertisements for protective gear and weapon accessories like vests, gun safes and holsters in...
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Time For Axon's Stock To Take A 'Breather,' JPMorgan Says
Thursday, June 7, 2018 - 2:00pm | 328Shares of Axon Enterprise Inc (NASDAQ: AAXN), formerly known as Taser International, have gained 156 percent since the start of 2018 and now is the time for the stock to take a "breather," according to JPMorgan. The Analyst JPMorgan's Mark Strouse downgraded Axon from...
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Emergent Biosolutions' Stock Run Can't Continue Forever, Wells Fargo Says In Downgrade
Wednesday, April 25, 2018 - 3:38pm | 340Specialty biopharma Emergent Biosolutions Inc (NYSE: EBS) has seen its stock rise more than 40 percent over the past two years, and investors shouldn't expect to see such outsized returns going forward, according to Wells Fargo. The Analyst Wells Fargo's David Maris downgraded...
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American Gun Ownership, By The Numbers
Monday, October 9, 2017 - 12:59pm | 519Many Americans are questioning the sagacity of the nation’s existing gun control laws in the wake of the tragic shooting that occurred outside MGM Resorts International (NYSE: MGM)’s Mandalay Bay Hotel. One thing that’s not in question is the American preoccupation with firearms...
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Sure Shot: Analyst Initiates American Outdoor Brands With A Buy As Dealers Recover From Betting On Clinton Presidency
Tuesday, August 22, 2017 - 9:43am | 525American Outdoor Brands Corp (NASDAQ: AOBC) the parent company of the 165-year-old Smith & Wesson firearms maker, aims to profit from a reduction in inventories among dealers who mistakenly thought that the election of Hillary Clinton would boost gun sales. Aegis analyst Rommel Dionisio...
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Off Target? Gun Stocks Down Over Weak Firearm Background Check Data
Monday, May 1, 2017 - 1:08pm | 302American Outdoor Brands Corp (NASDAQ: AOBC) and Sturm Ruger & Company Inc (NYSE: RGR) shares plunged Monday on the release of the Federal Bureau of Investigation’s monthly firearm background check report. According to the National Instant Criminal Background Check System (NICS), the FBI...