Pavel_Chag/iStock via Getty Images Northrop Grumman ( NOC ) and the U.S. Air Force have begun testing a prototype launch silo component for the Sentinel intercontinental ballistic missile program, marking an early step in efforts to modernize the country’s land-based nuclear systems. Senior leadership from the U.S. Air Force, Northrop Grumman and Bechtel broke ground on a launch silo prototype for...
Pavel_Chag/iStock via Getty Images Northrop Grumman ( NOC ) and the U.S. Air Force have begun testing a prototype launch silo component for the Sentinel intercontinental ballistic missile program, marking an early step in efforts to modernize the country’s land-based nuclear systems. Senior leadership from the U.S. Air Force, Northrop Grumman and Bechtel broke ground on a launch silo prototype for Sentinel launch silos. (Northrop) The prototype focuses on a newly designed launch tube, a central element of a modular silo concept being developed with construction partner Bechtel . The design is intended to simplify construction, reduce long-term costs and improve maintenance as the military prepares to deploy hundreds of new missile silos. According to an announcement on Friday, construction of the prototype began within months of initial approval, with the goal of evaluating both the structural design and the feasibility of building the system at scale. The effort is part of a broader plan to replace aging infrastructure tied to the current ground-based nuclear deterrent. The Sentinel program is expected to eventually support about 450 launch sites and is designed to remain operational for decades. Officials say the updated silo approach could shorten development timelines and streamline production, though the full impact on cost and schedule remains to be determined. Company executives said the prototype will help validate construction methods and reduce risks before wider deployment. The project is one of several initiatives aimed at updating the U.S. nuclear triad, which includes land-based missiles, submarines and strategic bombers. More on Northrop Grumman Northrop Grumman Corporation (NOC) Presents at Citi's Global Industrial Tech & Mobility Conference 2026 Transcript Northrop Grumman: The Indispensable Industrial Capacity Moat Northrop Grumman: Underwhelming Growth Today, F/A-XX Win Could Change The Story Northrop Grumman wins $127M U.S. Navy deal for 28 Coyot...
The S&P 500 has delivered more downs than ups in recent weeks, as a variety of uncertainties have weighed on investors' minds -- from questions about the artificial intelligence (AI) growth opportunity to the war in Iran. This is a complete turnaround from the market situation that's reigned over the past three years. During that time, investors piled into AI stocks, excited about growth prospects...
The S&P 500 has delivered more downs than ups in recent weeks, as a variety of uncertainties have weighed on investors' minds -- from questions about the artificial intelligence (AI) growth opportunity to the war in Iran. This is a complete turnaround from the market situation that's reigned over the past three years. During that time, investors piled into AI stocks, excited about growth prospects, and the optimism spread to other growth stocks -- this helped the S&P 500 soar to multiple record highs and deliver a total gain of more than 78% over the past three calendar years. As the market roared higher, it may have seemed much more tempting to invest than it does right now. But, even though this may sound strange, it actually is a better idea to get in on the market when times are tough than when stocks are on the rise. Here's why buying the market dip right now could be the best financial decision of 2026. Continue reading
The ongoing Strait of Hormuz blockade has already translated into higher gas prices across the country, and those prices should continue to climb if a speedy resolution isn't achieved. Higher oil prices also increase the cost of other commodities , like fertilizer. Fertilizer production requires a lot of natural gas, the price of which goes up in tandem with oil. The blockade had left more than 1 ...
The ongoing Strait of Hormuz blockade has already translated into higher gas prices across the country, and those prices should continue to climb if a speedy resolution isn't achieved. Higher oil prices also increase the cost of other commodities , like fertilizer. Fertilizer production requires a lot of natural gas, the price of which goes up in tandem with oil. The blockade had left more than 1 million tons of fertilizer stuck in the Gulf, according to a March 13 report, and farmers are already being hit by a shortage. Here are three stocks to watch as the conflict in the Middle East continues. Continue reading
The U.S. reportedly is making plans for Iran war ground operations. The stock market is already at six-month lows with oil prices at $100. Tesla deliveries loom.
The U.S. reportedly is making plans for Iran war ground operations. The stock market is already at six-month lows with oil prices at $100. Tesla deliveries loom.
"Green-Dot Sunday" Is Non-Negotiable: Oil Up, Stocks Down As War Begins 2nd Month As last week wore on, it felt increasingly like the market was transitioning from pricing inflation risk (from a 'brief' energy supply shock) to weighing a demand-shock-driven growth scare (from a longer lasting disruption) as bonds rallied in the face of higher oil and lower stocks (stagflation). Last week saw three...
"Green-Dot Sunday" Is Non-Negotiable: Oil Up, Stocks Down As War Begins 2nd Month As last week wore on, it felt increasingly like the market was transitioning from pricing inflation risk (from a 'brief' energy supply shock) to weighing a demand-shock-driven growth scare (from a longer lasting disruption) as bonds rallied in the face of higher oil and lower stocks (stagflation). Last week saw three attempts at unilateral de-escalation (5-day delay, 'ceasefire' proposal, 10-day delay) met with even more supply as the apparent 'Trump Put' or 'TACO' trade is losing its power. Simply put, as Goldman's Shreeti Kapa noted last week, the answer to everything depends on one binary variable: the duration of the war. That in turn depends if there will be safe transit of oil vessels through the Strait of Hormuz. Even if the strait is opened, would we be able to restore oil flows to pre-conflict levels? What is the guarantee for safe passage? Can any ceasefire be trusted? For how long would that hold? This weekend gave us no answers to those questions but did suggest, as Goldman's head of equity execution, Brian Garrett, described: the situation is fluid. Iran says electricity facilities were attacked in Tehran IDF says currently striking Iran targets across Tehran Foreign ministers of regional countries seeking peace & offramp in Pakistan meeting on Sunday. Iran destroyed US AWACS jet at Saudi Airbase Report says Pentagon has been weeks in preparing ground operations as initial Marines arrive in region (WaPo). Fluid indeed... Here's how Garrett started his "weekend" prep note: "the quotation marks around weekend are intentional ... ...investors and traders have not had a break in months, with “Green Dot Sunday” turning from a one-off into a 2026 non-negotiable ... ...t he forthcoming three day “weekend” for US markets is almost unwelcome as the market holiday just means another news/headline session coupled with zero price discovery and zero liquidity." The feedback from variou...
Oil advanced as Iran-backed Houthi militants in Yemen entered the Middle East war and more US troops arrived in the region, raising fears of escalation and threatening further tumult for energy markets. Brent — on track for a record monthly gain — rose as much as 3.3% to $116.50 a barrel after the Houthis fired missiles and drones at Israel over the weekend, and said they would continue operations...
Oil advanced as Iran-backed Houthi militants in Yemen entered the Middle East war and more US troops arrived in the region, raising fears of escalation and threatening further tumult for energy markets. Brent — on track for a record monthly gain — rose as much as 3.3% to $116.50 a barrel after the Houthis fired missiles and drones at Israel over the weekend, and said they would continue operations until attacks on the Islamic Republic and its proxy militant groups cease. West Texas Intermediate climbed as much as 3.4%. While the Houthis didn’t say they would target vessels transiting through the southern Red Sea and the Bab El-Mandeb Strait, they have the capability to do so. The Saudi Arabian port of Yanbu — which the kingdom is using to bypass Hormuz for its oil exports — is also well within the range of Houthi missiles. Brent has surged more than 50% in March as the war between the US, Israel and Iran has upended global markets . The conflict has entered its fifth week and is showing no sign of abating despite a diplomatic push by Washington last week and separate peace talks over the weekend in Pakistan. Iran has choked off all but a fraction of the traffic passing through the Strait of Hormuz, the waterway that links the Persian Gulf to global markets. Tehran has moved to formalize its control of artery, barring most vessels, while allowing a handful to pass, including from Pakistan , Thailand and Malaysia. The Washington Post reported the Pentagon is preparing for weeks of ground operations in Iran , citing US officials, but senior Trump administration staff, including Secretary of State Marco Rubio, have downplayed such a move. Still, the arrival of about 3,500 sailors and Marines has the market on edge about escalation. The Strait of Hormuz Oil Shock Is Now Heading West Strikes Continue as Houthis Join Iran War, US Troops Arrive Saudi Pipeline to Bypass Hormuz Hits 7 Million Barrel Goal The involvement of the Houthis presents a new risk for crude markets. Th...
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US, on Friday, March 27, 2026. Michael Nagle | Bloomberg | Getty Images U.S. equity futures fell on Sunday evening as investors kick off a holiday-shortened week of trading. Futures tied to the Dow Jones Industrial Average dropped 293 points, or 0.7%. S&P 500 futures and Nasdaq 100 futures 0.6% and 0.7%, respectively. The...
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US, on Friday, March 27, 2026. Michael Nagle | Bloomberg | Getty Images U.S. equity futures fell on Sunday evening as investors kick off a holiday-shortened week of trading. Futures tied to the Dow Jones Industrial Average dropped 293 points, or 0.7%. S&P 500 futures and Nasdaq 100 futures 0.6% and 0.7%, respectively. The three major averages sank on Friday . The Dow Jones Industrial Average tumbled 793.47 points to 45,166.64. The S&P 500 dropped 1.67% to a seven-month low of 6,368.85, notching its fifth-straight weekly decline. The Nasdaq Composite declined 2.15% to 20,948.36. The Dow losses pulled it into correction territory, joining the Nasdaq, which entered a correction the day before. As the war in Iran stretches into a fifth week, investors who had been hopeful for a quick resolution are growing increasingly uneasy about the real-world fallout from the conflict. "If you look at the degree of the downside and how correlated all those stocks have been, it's likely that we are throwing the baby out with the bathwater," said Cameron Dawson, chief investment officer at NewEdge Wealth, said on CNBC's Closing Bell: Overtime. "So it's a great opportunity to be sharpening the pencils to say, what are the areas that will be more immune to something like AI disruption and are on sale — not just because of AI fears, but also because of these war fears." The market will be closed on Friday in observance of Good Friday, although the March jobs report is still scheduled for release that morning. Investors will also be scrutinizing the Job Openings and Labor Turnover Survey (JOLTS) and the ADP Employment Survey due out earlier in the week. On the earnings front, Nike, McCormick & Co. and Conagra Brands are set to report in the week ahead. 9 Min Ago Stock futures open lower U.S. equity futures slid on Sunday evening. Futures tied to the Dow Jones Industrial Average dropped 293 points, or 0.7%. S&P 50...
Professor Kenneth Rogoff of Harvard University has repeatedly warned that the US dollar is approaching a crisis of legitimacy. Having written extensively on the global recession in the late 2000s, Rogoff has turned his focus to the US currency’s increasingly unstable place at the top of the world’s financial hierarchy. A former chief economist at the International Monetary Fund and a chess grandma...
Professor Kenneth Rogoff of Harvard University has repeatedly warned that the US dollar is approaching a crisis of legitimacy. Having written extensively on the global recession in the late 2000s, Rogoff has turned his focus to the US currency’s increasingly unstable place at the top of the world’s financial hierarchy. A former chief economist at the International Monetary Fund and a chess grandmaster, he published Our Dollar, Your Problem in May last year. In this interview, Rogoff elaborates...
JHVEPhoto/iStock Editorial via Getty Images Bristol Myers Squibb ( BMY ) on Sunday reported encouraging results from a late-stage clinical trial of its heart drug Camzyos, suggesting it could become the first approved treatment for adolescents with a rare and serious heart disease. The study focused on teenagers with obstructive hypertrophic cardiomyopathy, a condition that makes it harder for blo...
JHVEPhoto/iStock Editorial via Getty Images Bristol Myers Squibb ( BMY ) on Sunday reported encouraging results from a late-stage clinical trial of its heart drug Camzyos, suggesting it could become the first approved treatment for adolescents with a rare and serious heart disease. The study focused on teenagers with obstructive hypertrophic cardiomyopathy, a condition that makes it harder for blood to leave the heart and can cause severe symptoms. Currently, there are no therapies specifically approved for younger patients, and doctors often rely on treatments designed for adults. In the Phase 3 trial, the drug significantly reduced the pressure inside the heart that causes the obstruction, compared with a placebo. Researchers also saw improvements in heart function, symptoms and physical activity levels after about six months of treatment. Doctors involved in the study said the results could represent an important step forward. Joseph Rossano of Children’s Hospital of Philadelphia described the findings as a meaningful advance for a group of patients with limited treatment options. The trial included 44 patients between the ages of 12 and 17. Those who received Camzyos showed consistent improvements across several measures of heart performance, including reduced obstruction and changes in heart structure. Safety results were also encouraging. The rate of side effects was similar between patients taking the drug and those receiving a placebo, and no new safety concerns were identified during the study period. Bristol Myers ( BMY ) said the findings support the potential for Camzyos to expand into younger patients, building on its existing use in adults. The company plans to continue studying the drug and present longer-term results in the future. If approved by regulators, Camzyos could offer a new treatment option for adolescents with this condition, potentially improving symptoms and reducing the need for more invasive procedures. More on Bristol-Myers Squibb Com...
A deepening conflict in the Persian Gulf has upended oil and gas markets. It may also have provided coal — the dirtiest fossil fuel — with its most significant boost in years. Climate negotiators have been trying for decades to consign coal to history. That task was already challenging before last month, thanks to expanding energy demand in Asia, a growing focus on domestic self-reliance and falte...
A deepening conflict in the Persian Gulf has upended oil and gas markets. It may also have provided coal — the dirtiest fossil fuel — with its most significant boost in years. Climate negotiators have been trying for decades to consign coal to history. That task was already challenging before last month, thanks to expanding energy demand in Asia, a growing focus on domestic self-reliance and faltering programs to wean emerging economies onto greener power. Now, however, a second gas supply crunch in just over four years is pushing countries across Europe and Asia to fall back on the black stuff, perceived as a readily available alternative. Add in US political support, and coal’s long goodbye begins to look even more protracted, a reversal that threatens to undo years of progress on curbing harmful emissions. Japan, one of the world’s largest gas importers, on Friday said it would expand the use of less-efficient coal power plants, as it tries to diversify its generation capabilities. In Bangladesh and India, coal plants are already shouldering the burden of shortfalls elsewhere. Even in Europe, where plenty of dirty power has been phased out, the Netherlands, Poland and the Czech Republic could all see more coal use if gas prices remain high. Germany is considering reactivating mothballed coal-fired plants as a way to curb electricity prices. “We are now seeing a second, very large energy supply shock,” said Samantha Dart , global co-head of commodities research at Goldman Sachs Group Inc. “If you’re sitting in Asia, going through this again, it’s possible you change your strategy long term — rely more on coal for longer, build out your renewables faster and reduce your exposure to natural gas.” Gas has long been sold to the emerging world as a bridge fuel — a cleaner alternative to coal that is affordable and reliable, and a step on the path to zero-emissions power generation. The claim became harder to sustain after the upheaval that followed Russia’s invasion of...
At an ornate building in the heart of Islamabad, Pakistan’s most powerful leaders gathered in January to welcome a special visitor: Zachary Witkoff , chief executive officer of World Liberty Financial, the crypto platform co-founded by US President Donald Trump . The prestigious guest list made the event look more like a state visit than a ceremony for a non-binding stablecoin agreement that is ex...
At an ornate building in the heart of Islamabad, Pakistan’s most powerful leaders gathered in January to welcome a special visitor: Zachary Witkoff , chief executive officer of World Liberty Financial, the crypto platform co-founded by US President Donald Trump . The prestigious guest list made the event look more like a state visit than a ceremony for a non-binding stablecoin agreement that is exploratory in nature and doesn’t involve a major financial commitment. A group photo showed the 32-year-old son of Trump adviser Steve Witkoff flanked by Pakistani Prime Minister Shehbaz Sharif and Field Marshal Asim Munir , the nation’s even more powerful military chief. Standing on the other side of Munir was a key player in transforming the relationship between the US and Pakistan over the past year: Bilal Bin Saqib , a 35-year-old self-described “ crypto bro ” who says he worked three jobs to get through college, including cleaning toilets. At the event, Saqib hailed the visit by Zachary Witkoff and other World Liberty Financial executives as helping to “put Pakistan on the map.” Pakistan’s adept use of crypto diplomacy — or “biplomacy” as Saqib calls it, a reference to Bitcoin — has buttressed a burgeoning friendship between Trump and Munir. The red carpet treatment in Islamabad for the American president’s family business underscores the growing depth of an increasingly important geopolitical relationship, seen by Pakistan’s emergence as a key intermediary between the US and Iran in a war that threatens to upend the global economy. Steve Witkoff confirmed last week that Pakistan delivered a 15-point action plan, and Islamabad has also been mentioned as a potential venue for any talks ahead of Trump’s April 6 deadline for Iran to strike a deal or face attacks on critical infrastructure. Pakistan also has an incentive to get this resolved: The country is facing the prospect of an acute energy shortage as Iran blocks most ships from passing through the Strait of Hormuz. “...
British Prime Minister Keir Starmer will on Monday convene senior government and military officials alongside energy, shipping, finance and insurance sector leaders to discuss the Middle East war, his office said late on Sunday. The round table meeting in Downing Street will examine the impact of Iran’s effective closure of the vital Strait of Hormuz, which has driven up oil prices and costs in va...
British Prime Minister Keir Starmer will on Monday convene senior government and military officials alongside energy, shipping, finance and insurance sector leaders to discuss the Middle East war, his office said late on Sunday. The round table meeting in Downing Street will examine the impact of Iran’s effective closure of the vital Strait of Hormuz, which has driven up oil prices and costs in various sectors around the world. Participants will include representatives from energy giants Shell,...
Good morning, the worst of Tropical Cyclone Narelle appears to have passed, with hard-hit communities now beginning to assess the extent of the damage. Chevron says its Wheatstone gas plant will remain offline for several weeks following the storm, while a key Western Australian port has partially resumed operations. Elsewhere, Victoria and Tasmania are rolling out free public transport to help of...
Good morning, the worst of Tropical Cyclone Narelle appears to have passed, with hard-hit communities now beginning to assess the extent of the damage. Chevron says its Wheatstone gas plant will remain offline for several weeks following the storm, while a key Western Australian port has partially resumed operations. Elsewhere, Victoria and Tasmania are rolling out free public transport to help offset surging fuel costs - Carmeli Argana, Australian stocks reporter What’s happening now Storm damage to Chevron Corp.’s Wheatstone gas plant is set to delay a full restart by several weeks, compounding pressure on a global LNG market already squeezed by the war in the Middle East. Elsewhere, states are moving into cleanup after Cyclone Narelle , with a major export port handling iron ore, liquefied natural gas and other bulk commodities reopening Saturday after damage had forced a shutdown. As households start feeling the crunch in gas prices , two Australian states will temporarily offer free public transport to ease the effects of rising fuel costs. Australia is set to introduce new powers to shore up fuel security , including measures to underwrite private sector purchases of fuel from the international market. We take a look into the reasons why Australia’s reliance on imported refined fuel to power transport, agriculture and other parts of its economy are leaving it highly exposed to disruptions in global supply chains. What happened overnight A record month for crude, stocks in or near correction territory , bonds under pressure and a growing sense that there are few tools to shield markets from an increasingly entrenched Iran war. That’s the backdrop facing global investors as the Mideast conflict enters a fifth week . In Australia, stock futures indicate shares will open lower at the open. Houthi militants launched ballistic missiles at Israel on Saturday morning, marking their entry into the month-long Iran war that has already caused chaos in energy markets and ...
Wall Street Expected Micron to Stumble. Here's Why the Bears Could Be Dead Wrong. Yahoo Finance Micron: AI Memory Paradox Could Send Demand Exploding Despite Margin Risks (NASDAQ:MU) Seeking Alpha Wall Street Sees Plenty of Upside in Micron Despite the Recent Dip Yahoo Finance
Wall Street Expected Micron to Stumble. Here's Why the Bears Could Be Dead Wrong. Yahoo Finance Micron: AI Memory Paradox Could Send Demand Exploding Despite Margin Risks (NASDAQ:MU) Seeking Alpha Wall Street Sees Plenty of Upside in Micron Despite the Recent Dip Yahoo Finance
Wall Street Expected Micron to Stumble. Here's Why the Bears Could Be Dead Wrong. finance.yahoo.com Why Micron Stock Dropped Again Today fool.com Memory Chip Pricing Strength Likely To Continue Into 2027 Investor's Business Daily
Wall Street Expected Micron to Stumble. Here's Why the Bears Could Be Dead Wrong. finance.yahoo.com Why Micron Stock Dropped Again Today fool.com Memory Chip Pricing Strength Likely To Continue Into 2027 Investor's Business Daily
Aluminum prices could be driven to record levels as Iran’s weekend strikes on Middle Eastern smelters threaten a supply crisis. Futures traded on the London Metal Exchange surged as much as 6% on Monday after two major producers confirmed attacks by Iranian drones and missiles. The region’s top supplier, Emirates Global Aluminium , said on Saturday it sustained “significant damage” at its site in ...
Aluminum prices could be driven to record levels as Iran’s weekend strikes on Middle Eastern smelters threaten a supply crisis. Futures traded on the London Metal Exchange surged as much as 6% on Monday after two major producers confirmed attacks by Iranian drones and missiles. The region’s top supplier, Emirates Global Aluminium , said on Saturday it sustained “significant damage” at its site in Abu Dhabi, while Aluminium Bahrain said it was assessing the extent of the damage to its facility. Even before the industry became a direct target, the closure of the Strait of Hormuz had left the Middle East’s giant smelters running short of key inputs , forcing the industry to brace for a cascading series of production cuts in coming weeks. The Middle East accounts for about 9% of global output of the metal, used in airplanes, food packaging and solar panels. “Traders need to face the reality of significant cuts to Middle East supplies,” said Li Xuezhi , head of research at Chaos Ternary Futures Co. LME aluminum was holding most of its gains at 2:30 p.m. in Hong Kong, trading 4.8% higher at $3,452.50 a ton. Shutting down and restarting an aluminum smelter is a lengthy and costly task, and the strikes on two of the world’s biggest facilities raise the risk that the effect on global production may persist long after the strait is reopened. The conflict’s impact is being amplified because constraints on production elsewhere have eroded global inventories , leaving the market with little buffer against shocks. Aluminum is the most widely used metal after steel, and a sustained price spike would heap further pressure on manufacturers already reeling from the surge in energy costs. Potentially more worrying for the global economy, the disruption to supplies could be so acute that some industrial consumers would run out of certain specialized products, forcing factories into temporary shutdowns. Shares in aluminum companies also rose, with Australia’s South32 Ltd. up as much as ...