JHVEPhoto Deputy Secretary of Defense Steve Feinberg said in a letter to Pentagon leaders that Palantir’s ( PLTR ) Maven AI system will become an official program of record, Reuters reported. In the March 9 letter to senior Pentagon leaders and U.S. military commanders, Feinberg said that embedding Palantir’s Maven Smart System would provide warfighters "with the latest tools necessary to detect,...
JHVEPhoto Deputy Secretary of Defense Steve Feinberg said in a letter to Pentagon leaders that Palantir’s ( PLTR ) Maven AI system will become an official program of record, Reuters reported. In the March 9 letter to senior Pentagon leaders and U.S. military commanders, Feinberg said that embedding Palantir’s Maven Smart System would provide warfighters "with the latest tools necessary to detect, deter, and dominate our adversaries in all domains." The move would lock in long-term use of the company's weapons-targeting technology in the U.S. military, the report added . The decision is anticipated to go into effect by the end of the current fiscal year, which ends in September, the report noted. Maven is a command-and-control software platform for the U.S. military that fuses data from satellites, drones, and sensors into a single interface for battlefield analysis and threat identification. Feinberg said designating Maven as a program of record will streamline its adoption in all areas of the military and provide stable, long-term funding. The memo ordered oversight of Maven to be moved from the National Geospatial Intelligence Agency to the Pentagon’s Chief Digital Artificial Intelligence Office within 30 days. The letter noted that future contracting with Palantir will be handled by the Army, according to the report. “It is imperative that we invest now and with focus to deepen the integration of artificial intelligence (AI) across the Joint Force and establish AI-enabled decision-making as the cornerstone of our strategy,” said Feinberg. The Department of War and Palantir did not immediately respond to a request for comment from Seeking Alpha. Palantir — which provides AI and data analytics software platforms like Gotham and Foundry to intelligence agencies — is a major contractor for the U.S. government and last year in August secured a $10B contract with the Army. Earlier this month, during a presentation at a Palantir event, Pentagon official Cameron Stan...
JHVEPhoto Deputy Secretary of Defense Steve Feinberg said in a letter to Pentagon leaders that Palantir’s ( PLTR ) Maven AI system will become an official program of record, Reuters reported. In the March 9 letter to senior Pentagon leaders and U.S. military commanders, Feinberg said that embedding Palantir’s Maven Smart System would provide warfighters "with the latest tools necessary to detect,...
JHVEPhoto Deputy Secretary of Defense Steve Feinberg said in a letter to Pentagon leaders that Palantir’s ( PLTR ) Maven AI system will become an official program of record, Reuters reported. In the March 9 letter to senior Pentagon leaders and U.S. military commanders, Feinberg said that embedding Palantir’s Maven Smart System would provide warfighters "with the latest tools necessary to detect, deter, and dominate our adversaries in all domains." The move would lock in long-term use of the company's weapons-targeting technology in the U.S. military, the report added . The decision is anticipated to go into effect by the end of the current fiscal year, which ends in September, the report noted. Maven is a command-and-control software platform for the U.S. military that fuses data from satellites, drones, and sensors into a single interface for battlefield analysis and threat identification. Feinberg said designating Maven as a program of record will streamline its adoption in all areas of the military and provide stable, long-term funding. The memo ordered oversight of Maven to be moved from the National Geospatial Intelligence Agency to the Pentagon’s Chief Digital Artificial Intelligence Office within 30 days. The letter noted that future contracting with Palantir will be handled by the Army, according to the report. “It is imperative that we invest now and with focus to deepen the integration of artificial intelligence (AI) across the Joint Force and establish AI-enabled decision-making as the cornerstone of our strategy,” said Feinberg. The Department of War and Palantir did not immediately respond to a request for comment from Seeking Alpha. Palantir — which provides AI and data analytics software platforms like Gotham and Foundry to intelligence agencies — is a major contractor for the U.S. government and last year in August secured a $10B contract with the Army. Earlier this month, during a presentation at a Palantir event, Pentagon official Cameron Stan...
Japan’s top government spokesperson said on Monday that one of two Japanese nationals detained in Iran has safely returned home in good health. Chief Cabinet Secretary Minoru Kihara’s confirmation came one day after Foreign Minister Toshimitsu Motegi announced the person’s release. Motegi, speaking on a Fuji Television talk show on Sunday, said the person had been detained since last year and was ...
Japan’s top government spokesperson said on Monday that one of two Japanese nationals detained in Iran has safely returned home in good health. Chief Cabinet Secretary Minoru Kihara’s confirmation came one day after Foreign Minister Toshimitsu Motegi announced the person’s release. Motegi, speaking on a Fuji Television talk show on Sunday, said the person had been detained since last year and was released on Wednesday. Advertisement He said the person took a flight from Azerbaijan. Kihara, at a regular press conference on Monday, confirmed that the former detainee returned to Japan on Sunday in good health. Trump’s talks with Japanese Prime Minister Sanae Takaichi off to positive start Trump’s talks with Japanese Prime Minister Sanae Takaichi off to positive start Kihara said another Japanese national who was arrested earlier this year is still in custody but “we have confirmed that there is no problem with the safety and health” of the person and that Japan is continuing to press Iran for a release as soon as possible.
The FTSE 100 (^FTSE) and European stocks plunged into the red on Monday morning after Donald Trump threatened to hit Iran’s electricity grid unless it allows oil tankers to travel safely again along its coastline. The US President has given Tehran until the end of today to reopen the Strait of Hormuz or risk strikes on the country’s power generation facilities. The ultimatum from comes amid Tehran...
The FTSE 100 (^FTSE) and European stocks plunged into the red on Monday morning after Donald Trump threatened to hit Iran’s electricity grid unless it allows oil tankers to travel safely again along its coastline. The US President has given Tehran until the end of today to reopen the Strait of Hormuz or risk strikes on the country’s power generation facilities. The ultimatum from comes amid Tehran’s threat to “irreversibly destroy” essential infrastructure across the Middle East in response, meaning the war is entering a new phase of escalation, analysts have warned. Read more: Oil prices gain as Trump and Starmer discuss need to reopen Hormuz Chris Beauchamp, chief analyst at IG, said: “Investors who have spent the weekend watching fresh strikes in the Middle East are now waiting to see what will happen when Trump’s 48 hour deadline expires tonight. But they are in no mood to hang around, and have continued to sell stocks and precious metals." "Each day that the war goes does more damage to the global economy and drives inflation higher, with recession chances rising by the hour.” The FTSE has now dropped by more than 11% from its record high set on 27 February, just before the war in Iran began, and on Friday it dropped below 10,000 points, meaning it has lost all its gains for 2026. A fall of 10% or more is classed as a correction. Read more: Gold and silver erase 2026 gains as Middle East inflation fears stoke bets on higher interest rates UK prime minister Sir Keir Starmer is set to hold a Cobra meeting on Monday to address the economic impact of the Iran war, having been warned that price rises are “inescapable”. Follow along for live updates throughout the day: LIVE 3 updates Keir Starmer to hold Cobra meeting Sir Keir Starmer is set to hold a Cobra meeting on Monday to address the economic impact of the Iran war, having been warned that price rises are “inescapable”. Cabinet ministers are expected to join, including chancellor Rachel Reeves, foreign secretar...
6381380/iStock Editorial via Getty Images Recently, I expanded my coverage to tire companies. In the current uncertain macro landscape, the cyclical nature with high operating leverage that can evaporate is becoming extremely clear for tire companies. In this report, I discuss the investment prospects for The Goodyear Tire & Rubber Company ( GT ). One Off Insurance Recovery Drives Margin Expansion...
6381380/iStock Editorial via Getty Images Recently, I expanded my coverage to tire companies. In the current uncertain macro landscape, the cyclical nature with high operating leverage that can evaporate is becoming extremely clear for tire companies. In this report, I discuss the investment prospects for The Goodyear Tire & Rubber Company ( GT ). One Off Insurance Recovery Drives Margin Expansion Goodyear The most recent earnings show that sales declined 0.6% to $4.9 billion on a 3% decline in volume. So, driven by mix and pricing, most of the volume decline was offset. Gross margins improved one basis point to 20.9%, while segment operating margins improved 9% to $416 million, indicating a margin expansion of 80 basis points. The earnings bridge shows that there was a $92 million volume impact offset by $206 million in price/mix benefit. Inflation, other costs, and tariffs, as well as higher raw material costs, increased costs by $236 million, offsetting cost reductions realized through the Goodyear Forward cost reduction program aimed to cut $1.5 billion in costs, of which $300 million is expected to be realized in 2026. On an adjusted basis, there was a 2.3% improvement. Q4 2024 results benefited from non-recurring asset sales of $30 million, while Q4 2025 results benefited from a $56 million insurance benefit. The adjusted figures provided a better measure for operational improvement, and we see that the margin expansion is less impressive than it looks at first sight . Adjusted operating margins improved from 7.1% to 7.3%. Tire volumes declined in the Americas with a 3.9% decline, EMEA with a decline of 2.3%, and Asia Pacific with a 1.6% decline. Revenues declined 0.8% in the Americas and 12.9% in the Asia Pacific region, but Europe showed a 4.9% improvement in sales. Margins in the Americas declined one point to 8.1%, 40 basis points in the Asia Pacific region driven by a 3.7-point pressure of off-the-road results, and in Europe there was a 4.9 points expansi...