Rising fuel prices, stock market volatility and global instability are creating new financial pressures for households across the US. Recent conflict in the Middle East has pushed diesel prices above $5 a gallon and driven wider concerns about inflation and a potential economic slowdown. Higher transport and supply costs are also beginning to feed through into the price of everyday goods and servi...
Rising fuel prices, stock market volatility and global instability are creating new financial pressures for households across the US. Recent conflict in the Middle East has pushed diesel prices above $5 a gallon and driven wider concerns about inflation and a potential economic slowdown. Higher transport and supply costs are also beginning to feed through into the price of everyday goods and services pushing up the cost of living. We want to hear how people in the US are responding to the current economic climate. Have you noticed changes to your finances or everyday costs in recent weeks? Have you seen price rises, changes to mortgage or loan rates or other increases in household bills? Are you cutting back on spending, saving more or rethinking financial decisions? Share your experience You can share your responses in the form below or by messaging us. Please share your story if you are 18 or over, anonymously if you wish. For more information please see our terms of service and privacy policy Tell us here Your responses, which can be anonymous, are secure as the form is encrypted and only the Guardian has access to your contributions. We will only use the data you provide us for the purpose of the feature and we will delete any personal data when we no longer require it for this purpose. For alternative ways to get in touch securely please see our tips guide Name Where do you live? Tell us a bit about yourself (e.g. age, background, what you do) Optional Have you noticed changes to your finances or everyday costs in recent weeks? Please include as much detail as possible. Tell us how you're handling this moment financially Optional Please include as much detail as possible. Do you have concerns? Optional Please include as much detail as possible. If you are happy to, please upload a photo of yourself here Optional Please note, the maximum file size is 5.7 MB . Choose file Can we publish your response? Yes, entirely Yes, but contact me first Yes, but please keep m...
Here are Wednesday's biggest calls on Wall Street: RBC downgrades Starbucks to sector perform from outperform RBC said the turnaround is taking longer than expected for Starbucks. "When we assumed coverage in November '24 at Outperform a key aspect of our thesis was relatively small/temporary investments were required to turn around the US business. That did not materialize given ongoing labor and...
Here are Wednesday's biggest calls on Wall Street: RBC downgrades Starbucks to sector perform from outperform RBC said the turnaround is taking longer than expected for Starbucks. "When we assumed coverage in November '24 at Outperform a key aspect of our thesis was relatively small/temporary investments were required to turn around the US business. That did not materialize given ongoing labor and additional future investments which makes it tougher to justify the Outperform, so we move to the sidelines." Read more. Wolfe upgrades NRG Energy to outperform from peer perform Wolfe said the stock is a data center beneficiary. "We see NRG well-placed as the additionality play with 6+ GWs of gas new build potential for data centers. The company is now better diversified and longer power generation, while still trading at an attractive double-digit FCF yield." Truist upgrades Block to buy from hold Truist says it sees upside potential for Block shares. "We now see upside potential to Street margin expectations following the ~40% reduction in force, the stock has meaningfully de-rated and we believe capital return could surprise to the upside as FCF generation improves." Read more. Citi upgrades Constellation Brands to buy from neutral Citi expects beer to show "topline acceleration" at the beverage company. "We upgrade STZ f rom Neutral to Buy as we forecast a beer topline acceleration in FQ4/FY'27 as scanner data has improved and comps remain easy throughout 2026 as STZ cycles beer category weakness, especially among Hispanic consumers." Deutsche Bank upgrades SL Green to buy from hold Deutsche Bank said it sees "strong execution on asset sales and refinancings this year to be a positive catalyst and calm investor nerves" for the real estate investment trust company. "With the market seeming to ignore strong on-the-ground leasing fundamentals given AI concerns, we think capital markets are a necessary catalyst. Fortunately for SLG, NYC is the deepest and most liquid offi...
Nvidia ( NVDA ) may be replacing Amphenol ( APH ) with Hong Kong-based Foxconn Interconnect Technology as the “major” supplier in its Kyber midplane connectors, investment firm GF Securities said. “We believe that the company is set to expand content per system in Kyber across midplane connectors, UQD, and power solutions,” analyst Alicia Xi wrote in a note, speaking of Foxconn Interconnect, also ...
Nvidia ( NVDA ) may be replacing Amphenol ( APH ) with Hong Kong-based Foxconn Interconnect Technology as the “major” supplier in its Kyber midplane connectors, investment firm GF Securities said. “We believe that the company is set to expand content per system in Kyber across midplane connectors, UQD, and power solutions,” analyst Alicia Xi wrote in a note, speaking of Foxconn Interconnect, also known as FIT. “Specifically, we expect FIT to replace its foreign competitors (i.e., APH) as the MAJOR supplier for Kyber midplane paladin connector.” Xi raised her price target on Foxconn Interconnect, which does not trade in the U.S., to HK$9 and reiterated her Buy rating on the stock. Amphenol did not immediately respond to a request for comment from Seeking Alpha. More on Amphenol, Nvidia Nvidia: Why This Stock Refuses To Go Up And What You Can Do About It Chart Of The Day: Why Wasn't $1 Trillion Enough? Wall Street Lunch: Nvidia Expands Agentic AI Push With OpenClaw Creator Nvidia gets China's approval to sell H200 chips: report Nvidia CEO Jensen Huang: OpenClaw is “definitely the next ChatGPT,” China stocks respond
2025年图灵奖授予美国IBM院士贝内特（Charles H. Bennett）和加拿大蒙特利尔大学计算机科学与运筹学系教授布拉萨德（Gilles Brassard）。二人被公认为量子信息科学的奠基人 【财新网】 有“计算机界诺贝尔奖”之称的图灵奖，揭晓了其2025年度得主。当地时间3月18日，国际计算机协会（ACM）宣布，2025年图灵奖授予美国IBM院士贝内特（Charles H. Benne...
2025年图灵奖授予美国IBM院士贝内特（Charles H. Bennett）和加拿大蒙特利尔大学计算机科学与运筹学系教授布拉萨德（Gilles Brassard）。二人被公认为量子信息科学的奠基人 【财新网】 有“计算机界诺贝尔奖”之称的图灵奖，揭晓了其2025年度得主。当地时间3月18日，国际计算机协会（ACM）宣布，2025年图灵奖授予美国IBM院士贝内特（Charles H. Bennett）和加拿大蒙特利尔大学计算机科学与运筹学系教授布拉萨德（Gilles Brassard），以表彰他们在奠定量子信息科学基础、变革安全通信与计算领域方面所发挥的关键作用。 值得注意的是，二人被公认为量子信息科学的奠基人，这一学科横跨物理学与计算机科学，它不再将量子力学现象仅视为物质属性，而是将其作为处理与传输信息的资源。
Wilmington Savings Fund Society FSB trimmed its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 17.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,597 shares of the wireless technology company's stock after selling 9,645 shares during the period. Wilmington Savings Fund Society FSB's holdin...
Wilmington Savings Fund Society FSB trimmed its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 17.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,597 shares of the wireless technology company's stock after selling 9,645 shares during the period. Wilmington Savings Fund Society FSB's holdings in Qualcomm were worth $7,752,000 as of its most recent filing with the Securities and Exchange Commission. Get Qualcomm alerts: Sign Up Several other hedge funds have also recently bought and sold shares of QCOM. Vanguard Group Inc. raised its stake in shares of Qualcomm by 0.3% in the 2nd quarter. Vanguard Group Inc. now owns 114,659,269 shares of the wireless technology company's stock valued at $18,260,635,000 after acquiring an additional 290,799 shares in the last quarter. State Street Corp lifted its holdings in Qualcomm by 0.8% in the 2nd quarter. State Street Corp now owns 53,667,047 shares of the wireless technology company's stock worth $8,547,014,000 after purchasing an additional 420,352 shares during the last quarter. Norges Bank bought a new stake in Qualcomm during the second quarter worth approximately $2,713,603,000. Amundi grew its holdings in Qualcomm by 9.9% during the third quarter. Amundi now owns 12,671,635 shares of the wireless technology company's stock valued at $2,136,486,000 after purchasing an additional 1,138,541 shares during the last quarter. Finally, Wellington Management Group LLP grew its holdings in Qualcomm by 141.8% during the third quarter. Wellington Management Group LLP now owns 12,437,240 shares of the wireless technology company's stock valued at $2,069,059,000 after purchasing an additional 7,292,783 shares during the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors. Insider Activity In related news, EVP Akash J. Palkhiwala sold 3,333 shares of Qualcomm stock in a transaction dated F...
(RTTNews) - Chipotle Mexican Grill (CMG-B) on Wednesday said it will launch a new Cilantro Lime Sauce across its U.S. and Canada restaurants starting March 19. The company said the sauce, made fresh daily, features cilantro, lime, Mexican spices, sour cream and roasted jalapeños, delivering a creamy texture with a citrus-forward taste. It contains no artificial colors, flavors or preservatives. Ch...
(RTTNews) - Chipotle Mexican Grill (CMG-B) on Wednesday said it will launch a new Cilantro Lime Sauce across its U.S. and Canada restaurants starting March 19. The company said the sauce, made fresh daily, features cilantro, lime, Mexican spices, sour cream and roasted jalapeños, delivering a creamy texture with a citrus-forward taste. It contains no artificial colors, flavors or preservatives. Chipotle said the Cilantro Lime Sauce has been its highest-performing sauce in test markets to date, reflecting strong customer demand for customizable, flavor-focused options. The product was developed by culinary analyst Danny Boyzo, who began her career as a crew member at the company in 2019. To promote the launch, Chipotle said its Rewards members can receive a free side or topping of the sauce with the purchase of an entrée on March 19 by using the code "SOFRESH." The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
This article first appeared on GuruFocus. AMD (NASDAQ:AMD) is quietly strengthening its AI strategy, expanding its partnership with Samsung (SSNLF)in a move that goes beyond just memory and starts to hint at something bigger. At the core of the deal is next generation memory. Samsung is expected to supply HBM4 for AMD's upcoming Instinct MI455X AI chips, while also working on DDR5 solutions for it...
This article first appeared on GuruFocus. AMD (NASDAQ:AMD) is quietly strengthening its AI strategy, expanding its partnership with Samsung (SSNLF)in a move that goes beyond just memory and starts to hint at something bigger. At the core of the deal is next generation memory. Samsung is expected to supply HBM4 for AMD's upcoming Instinct MI455X AI chips, while also working on DDR5 solutions for its 6th Gen EPYC CPUs. This builds on an already close relationship, where Samsung provides HBM3E for AMD's current accelerators. The goal here is pretty straightforward. Tie together GPUs, CPUs, and high performance memory into one cohesive AI system, including rack scale setups like AMD's Helios platform. But the more interesting part is what sits underneath. The two companies are also exploring a foundry partnership, which could eventually see Samsung manufacturing AMD's future chips. That would mark a deeper shift, especially as AMD looks to compete more aggressively in the AI infrastructure race. Stepping back, this is really about control. Memory is becoming just as important as compute in AI, and AMD seems to be locking that piece in early. this strengthens AMD's position in a space where every layer of the stack matters. Now the focus turns to how quickly these next generation platforms actually roll out into 2026.
The rising average age has been driven by a collapse in the portion of first-time buyers under 25 to just 6%, having made up a quarter of those buying their first homes in the 1990s.
The rising average age has been driven by a collapse in the portion of first-time buyers under 25 to just 6%, having made up a quarter of those buying their first homes in the 1990s.
Fluent ( CNTMF ) on Wednesday entered into an amendment to its senior secured credit agreement dated Nov. 26, 2024. The agreement involves the company, its U.S. and Canadian subsidiaries, and its lending partners, with Chicago Atlantic Financial Services, LLC, serving as the administrative agent. The credit arrangement had allowed the company to draw an additional $6M in term loans, carrying a 13%...
Fluent ( CNTMF ) on Wednesday entered into an amendment to its senior secured credit agreement dated Nov. 26, 2024. The agreement involves the company, its U.S. and Canadian subsidiaries, and its lending partners, with Chicago Atlantic Financial Services, LLC, serving as the administrative agent. The credit arrangement had allowed the company to draw an additional $6M in term loans, carrying a 13% annual interest rate and maturing on Dec. 31, 2026. The company plans to use the net proceeds for working capital and general corporate purposes. Shares -2.72%. Press release . More on FLUENT Financial information for FLUENT
March 18 (Reuters) - Electronic component maker Jabil raised its full-year profit and revenue forecasts on Wednesday, betting on strong demand for infrastructure services from AI data centers. Shares of the St. Petersburg, Florida-based company were up 1.1% in premarket trading, after it surpassed Wall Street expectations for second-quarter results. A surge in spending for data-center infrastru...
March 18 (Reuters) - Electronic component maker Jabil raised its full-year profit and revenue forecasts on Wednesday, betting on strong demand for infrastructure services from AI data centers. Shares of the St. Petersburg, Florida-based company were up 1.1% in premarket trading, after it surpassed Wall Street expectations for second-quarter results. A surge in spending for data-center infrastructure, driven by robust demand for computing power to support AI technologies, has benefited companies such as Jabil. Jabil CEO Mike Dastoor said results were fueled by "continued momentum in intelligent infrastructure, where demand remains robust across cloud and data center infrastructure, networking and communications, and capital equipment". He added regulated industries also improved, as automotive and renewables outperformed expectations. The manufacturer, which makes components for Apple, also provides design, production and management solutions to various industrial sectors including technology, automotive, transportation, healthcare, storage and packaging. The company now expects fiscal 2026 revenue of $34 billion, compared with its earlier forecast of $32.4 billion. It also raised its forecast for adjusted earnings per share to $12.25 from $11.55 earlier. Analysts on average expect annual revenue of $32.71 billion and adjusted profit per share of $11.67, according to data compiled by LSEG. On an adjusted basis, Jabil posted second-quarter profit per share of $2.69, above analysts' expectations of $2.51. Second-quarter revenue rose 23% year-on-year to $8.28 billion, beating Wall Street estimates of $7.74 billion. (Reporting by Megavarshini G. Somasundaram in Bengaluru; Editing by Diti Pujara)
Futures Slump, Erasing Overnight Gains After Iran's Giant Pars Field Attacked; FOMC Looms Stocks were set to extend gains into a third day as Iraq’s deal to reroute crude via Turkey, bypassing the Strait of Hormuz, eased some supply concerns as Iranian strikes target Kuwait, Saudi Arabia, and UAE, but it all unwound shortly after 7am ET, following an Iranian report that US and Israeli airstrikes h...
Futures Slump, Erasing Overnight Gains After Iran's Giant Pars Field Attacked; FOMC Looms Stocks were set to extend gains into a third day as Iraq’s deal to reroute crude via Turkey, bypassing the Strait of Hormuz, eased some supply concerns as Iranian strikes target Kuwait, Saudi Arabia, and UAE, but it all unwound shortly after 7am ET, following an Iranian report that US and Israeli airstrikes hit its giant South Pars natural gas field and associated infrastructure; Oil and petrochemical facilities in nearby Asaluyeh also came under attack, it added rekindling fears about the impact of the war in the Middle East on inflation. Aa a result S&P futures erased all of their overnight gains, fading what was earlier a 0.6% rise, and trading in the red. Nasdaq also faded all of its gains, and was trading flat at last check. All of this happens just hours before the Fed is expected to keep rates unchanged at 2pm ET today. Bond yields were down 1-2bp into the Fed meeting where the Fed is expected to hold rates steady with the dots potentially reflecting a hawkish outlook; the USD is flat. In commodities oil / natgas prices are lower but are off their overnight lows with Ags / Metals lower. Today’s macro data focus is on PPI and the Fed meeting. In premarket trading, Mag 7 stocks are mixed (Nvidia +0.7%, Tesla +0.5%, Microsoft +0.3%, Alphabet +0.2%, Apple +0.2%, Meta Platforms +0.1%, Amazon -0.1%) Applied Optoelectronics (AAOI), Lumentum (LITE) and Coherent (COHR) rally after the companies announced updates and spoke to optical demand at the Optical Fiber Communications Conference in Los Angeles. CF Industries (CF) falls 4.3% after Mizuho Securities cut its recommendation on the fertilizer company to underperform from neutral after the stock price rallied on expected growth in demand and prices after the Iran war and disruption to the Strait of Hormuz tightened fertilizer supply. Constellation Brands (STZ) is up 2.8% after Citi raised the recommendation on the beverage compa...
Rate-Cut Odds Tumble As US Producer Prices Surged In February - Hottest In Over A Year After a hotter than expected print in January , US Producer Prices were expected to continue to rise (but only modestly) in February data released today. The consensus direction was right but the scale was way off as headline PPI accelerated 0.7% MoM (vs +0.3% exp and +0.5% prior) - the biggest monthly jump sinc...
Rate-Cut Odds Tumble As US Producer Prices Surged In February - Hottest In Over A Year After a hotter than expected print in January , US Producer Prices were expected to continue to rise (but only modestly) in February data released today. The consensus direction was right but the scale was way off as headline PPI accelerated 0.7% MoM (vs +0.3% exp and +0.5% prior) - the biggest monthly jump since July 2025. That lifted producer prices higher by 3.4% YoY (notably hitter than the 3.0% expected and up from the 2.9% prior). That is the hottest PPI since January 2025... Source: Bloomberg More than half of the February rise in prices for final demand can be attributed to a 0.5-percent advance in the index for final demand services. Prices for final demand goods increased 1.1 percent. PPI rose 0.7% in February after rising 0.5% in January. PPI rose 3.4% for the 12 months ended in February, the largest 12-month advance since increasing 3.4% in February 2025. More than half of the February rise in prices for PPI final demand can be attributed to a 0.5-percent advance in the index for final demand services. Prices for final demand goods increased 1.1 percent. Details: Final demand services: The index for final demand services rose 0.5 percent in February, the third straight advance. Nearly three-fourths of the February broad-based increase can be traced to prices for final demand services less trade, transportation, and warehousing, which moved up 0.6 percent. The indexes for final demand trade services and for final demand transportation and warehousing services also rose, 0.4 percent and 0.5 percent, respectively. (Trade indexes measure changes in margins received by wholesalers and retailers.) Product detail: About 20% of the February advance in the index for final demand services is attributable to a 5.7-percent jump in prices for traveler accommodation services. The indexes for food and alcohol wholesaling; securities brokerage, dealing, investment advice, and related ...
Jabil (JBL) came out with quarterly earnings of $2.69 per share, beating the Zacks Consensus Estimate of $2.54 per share. This compares to earnings of $1.94 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +6.01%. A quarter ago, it was expected that this electronics manufacturer would post earnings of $2.72 per share...
Jabil (JBL) came out with quarterly earnings of $2.69 per share, beating the Zacks Consensus Estimate of $2.54 per share. This compares to earnings of $1.94 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +6.01%. A quarter ago, it was expected that this electronics manufacturer would post earnings of $2.72 per share when it actually produced earnings of $2.85, delivering a surprise of +4.78%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Jabil, which belongs to the Zacks Electronics - Manufacturing Services industry, posted revenues of $8.28 billion for the quarter ended February 2026, surpassing the Zacks Consensus Estimate by 5.83%. This compares to year-ago revenues of $6.73 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Jabil shares have added about 15.1% since the beginning of the year versus the S&P 500's decline of 1.9%. What's Next for Jabil? While Jabil has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahea...
BHP Group has picked the continuity candidate for its next boss: A life-long company man who has spent quarter of a century at the biggest miner, honing his skills in iron ore and copper, its most important products. But just like his predecessor, Brandon Craig will have to navigate an industry under pressure to grow — placing bets on deals as a means to get there, or continuing along BHP’s stated...
BHP Group has picked the continuity candidate for its next boss: A life-long company man who has spent quarter of a century at the biggest miner, honing his skills in iron ore and copper, its most important products. But just like his predecessor, Brandon Craig will have to navigate an industry under pressure to grow — placing bets on deals as a means to get there, or continuing along BHP’s stated path of building more mines. In his first comments since being unveiled as chief executive officer-elect, Brandon Craig sent a message that echoed his predecessor Mike Henry , as he played down expectations that BHP would pursue deals to achieve the scale that some investors crave. Yet the mining industry is in the midst of a great strategic shift. Executives at the biggest mining companies, including BHP and Rio Tinto , are growing increasingly concerned that stagnant market valuations have them struggling for relevance, even as the geopolitical focus on critical minerals grows. Both companies have tried repeatedly to buy smaller rivals in the past two years, with Rio twice holding talks with Glencore Plc and BHP twice trying to buy Anglo American Plc . While Henry will be remembered for an internal overhaul of BHP that strengthened its position in iron ore and copper, the last three years of his tenure were dominated by his failed pursuit of Anglo. Despite claiming to have moved on, BHP’s second tilt at its smaller rival reflected an acceptance within the company that acquisitions will be the most viable way to deliver quick growth in copper. Tacitly, Craig continued that message on Wednesday, emphasizing the long-term strength of its own portfolio, but also signaling a willingness to do deals if the target is right. “The primary focus is going to be delivering organic growth,” Craig said at a media conference in Melbourne on Wednesday. The company’s “projects are incredibly compelling and M&A would have to be very special to be able to compete with those options,” he ad...
Nvidia $NVDA has received purchase orders from Chinese customers for its H200 processors and is restarting production, CEO Jensen Huang said this week — marking the first concrete movement toward resuming chip sales to China after months of regulatory maneuvering in both the U.S. and China. "We have received purchase orders, and we're in the process of restarting our manufacturing," Huang told rep...
Nvidia $NVDA has received purchase orders from Chinese customers for its H200 processors and is restarting production, CEO Jensen Huang said this week — marking the first concrete movement toward resuming chip sales to China after months of regulatory maneuvering in both the U.S. and China. "We have received purchase orders, and we're in the process of restarting our manufacturing," Huang told reporters at the company's GTC conference in San Jose, according to CNBC. "Our supply chain is getting fired up." Huang said Nvidia now has regulatory clearance from both the U.S. and China. The sticking point had been China's side of the approval process, according to Reuters. U.S. export licenses were in place, but Beijing had held back from clearing imports. An SEC filing from Nvidia last month disclosed that the U.S. had issued a license in February covering limited H200 shipments to specific Chinese buyers. A source familiar with the matter told Reuters that China has now issued licenses for many customers. A spokesperson for the Chinese embassy in Washington said they were "not aware of the specifics." The H200 is Nvidia 's second-most powerful AI chip. It sits below the company's current-generation Blackwell line, which remains off-limits for export to China under the terms of the arrangement. Export licenses come with conditions: The U.S. takes 25% of chip sale proceeds, shipments are capped, and sales must go through third-party verification, according to CNBC. Before export controls took hold, China was responsible for roughly 13% of Nvidia 's total revenue and generated at least a fifth of its data center business. In its most recent earnings guidance, Nvidia assumed zero data center revenue from China — meaning any resumed sales would represent additional upside, according to CNBC. Huang had previously said the company was "100% out of China" and had been lobbying Washington to find a path back. The H200 export framework emerged earlier this year as a compromise be...
The U.S. Army is reshaping how it works with defense tech firms, and two recent deals help showcase that shift. One is with private firm Anduril, and the other is with Palantir Technologies (PLTR). Together, they point to a new way the Army plans to buy and use software in the years ahead. The Army recently stated it will combine 120 separate contracts with Anduril into one enterprise agreement wi...
The U.S. Army is reshaping how it works with defense tech firms, and two recent deals help showcase that shift. One is with private firm Anduril, and the other is with Palantir Technologies (PLTR). Together, they point to a new way the Army plans to buy and use software in the years ahead. The Army recently stated it will combine 120 separate contracts with Anduril into one enterprise agreement with a ceiling of $20 billion over up to 10 years. At the same time, it has already set a similar path with Palantir, merging 75 contracts into a single deal worth up to $10 billion over the same time frame. Both deals also share a clear goal; they aim to set fixed terms and prices in advance, so the Army can buy tools and services when needed, without starting a new process each time. As Gabe Chiulli, the Army’s chief technology officer, said, “Enterprise contracts are a key part of our modernization strategy, allowing us to consolidate software agreements, eliminate redundancies, and accelerate the delivery of critical tools.” Meanwhile, PLTR shares rose 1.17% on Monday, closing at $152.72. A Shift Toward Software Platforms At the center of the Anduril deal is its Lattice platform. This system pulls data from sensors and other sources into one layer, which helps units act on that data in real time. In a similar way, Palantir’s tools focus on data use and field insight. As a result, the Army is moving away from buying one product at a time. Instead, it is building long-term access to full platforms that can evolve over time. This also means faster updates, easier scaling, and less delay in the field. What It Means for Defense Stocks While Anduril is private, the setup of these deals provides clear indications for other defense firms that may also gain from this shift. Companies like Lockheed Martin (LMT), Northrop Grumman (NOC), and RTX Corporation (RTX) all play key roles in system build and field use. As software takes a larger role, these firms may work more closely with ...
The U.S. Army is reshaping how it works with defense tech firms, and two recent deals help showcase that shift. One is with private firm Anduril, and the other is with Palantir Technologies (PLTR). Together, they point to a new way the Army plans to buy and use software in the years ahead. The Army recently stated it will combine 120 separate contracts with Anduril into one enterprise agreement wi...
The U.S. Army is reshaping how it works with defense tech firms, and two recent deals help showcase that shift. One is with private firm Anduril, and the other is with Palantir Technologies (PLTR). Together, they point to a new way the Army plans to buy and use software in the years ahead. The Army recently stated it will combine 120 separate contracts with Anduril into one enterprise agreement with a ceiling of $20 billion over up to 10 years. At the same time, it has already set a similar path with Palantir, merging 75 contracts into a single deal worth up to $10 billion over the same time frame. Both deals also share a clear goal; they aim to set fixed terms and prices in advance, so the Army can buy tools and services when needed, without starting a new process each time. As Gabe Chiulli, the Army’s chief technology officer, said, “Enterprise contracts are a key part of our modernization strategy, allowing us to consolidate software agreements, eliminate redundancies, and accelerate the delivery of critical tools.” Meanwhile, PLTR shares rose 1.17% on Monday, closing at $152.72. A Shift Toward Software Platforms At the center of the Anduril deal is its Lattice platform. This system pulls data from sensors and other sources into one layer, which helps units act on that data in real time. In a similar way, Palantir’s tools focus on data use and field insight. As a result, the Army is moving away from buying one product at a time. Instead, it is building long-term access to full platforms that can evolve over time. This also means faster updates, easier scaling, and less delay in the field. What It Means for Defense Stocks While Anduril is private, the setup of these deals provides clear indications for other defense firms that may also gain from this shift. Companies like Lockheed Martin (LMT), Northrop Grumman (NOC), and RTX Corporation (RTX) all play key roles in system build and field use. As software takes a larger role, these firms may work more closely with ...