A new defense budget proposal from the White House means the drone industry could soon see a spike in cash flow. President Donald Trump last week requested $1.5 trillion for defense in fiscal 2027 starting in October, 44% higher than the fiscal 2026 military budget. If Congress were to pass the bill, U.S. military spending would be at its highest level as a proportion of GDP in decades. Though the...
A new defense budget proposal from the White House means the drone industry could soon see a spike in cash flow. President Donald Trump last week requested $1.5 trillion for defense in fiscal 2027 starting in October, 44% higher than the fiscal 2026 military budget. If Congress were to pass the bill, U.S. military spending would be at its highest level as a proportion of GDP in decades. Though the proposal doesn't specify how funds will be allocated, an analysis from Needham estimates $63 billion of the budget will go to unmanned or drone technology. That's more than six times the enacted level of drone spending 2026. "We view this unprecedented funding as a positive catalyst for the entire unmanned ecosystem, as expanding federal investment meaningfully increases the U.S. market opportunity not only for platform providers, but also across the broader value chain of critical subsystems and key components," Needham analyst Austin Bohlig wrote. The analyst estimates that $55 billion of the $63 billion in projected drone spending will go to the Defense Autonomous Weapons Group, a program meant to rapidly produce low-cost drones. Bohlig named four defense stocks as potential beneficiaries. AeroVironment Drone company AeroVironment is one of Needham's expected beneficiaries. The defense company specializes in drone and counter-drone technology and has already reached several major deals with the U.S. government. In February, AeroVironment won a $186-million contract from the Pentagon to deploy its Switchblade drones. The army spent another $17.6 million in March for a fleet of AeroVironment's Red Dragon drones. Bohlig believes the military budget proposal would benefit AeroVironment through both those franchises, and gave a $400 price target on the stock, suggesting upside of 114% from Tuesday's close. Ondas Needham also expects AI-powered drone maker Ondas to win additional government funding. The West Palm Beach, Florida-based company said in March that it would merge ...
One major challenge in deploying autonomous agents is building systems that can adapt to changes in their environments without the need to retrain the underlying large language models (LLMs). Memento-Skills , a new framework developed by researchers at multiple universities, addresses this bottleneck by giving agents the ability to develop their skills by themselves. "It adds its continual learnin...
One major challenge in deploying autonomous agents is building systems that can adapt to changes in their environments without the need to retrain the underlying large language models (LLMs). Memento-Skills , a new framework developed by researchers at multiple universities, addresses this bottleneck by giving agents the ability to develop their skills by themselves. "It adds its continual learning capability to the existing offering in the current market, such as OpenClaw and Claude Code," Jun Wang, co-author of the paper, told VentureBeat. Memento-Skills acts as an evolving external memory, allowing the system to progressively improve its capabilities without modifying the underlying model. The framework provides a set of skills that can be updated and expanded as the agent receives feedback from its environment. For enterprise teams running agents in production, that matters. The alternative — fine-tuning model weights or manually building skills — carries significant operational overhead and data requirements. Memento-Skills sidesteps both. The challenges of building self-evolving agents Self-evolving agents are crucial because they overcome the limitations of frozen language models. Once a model is deployed, its parameters remain fixed, restricting it to the knowledge encoded during training and whatever fits in its immediate context window. Giving the model an external memory scaffolding enables it to improve without the costly and slow process of retraining. However, current approaches to agent adaptation largely rely on manually-designed skills to handle new tasks. While some automatic skill-learning methods exist, they mostly produce text-only guides that amount to prompt optimization. Other approaches simply log single-task trajectories that don’t transfer across different tasks. Furthermore, when these agents try to retrieve relevant knowledge for a new task, they typically rely on semantic similarity routers, such as standard dense embeddings; high seman...
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis A recovery in Dow Inc.'s share price ( DOW ) was already well underway when the Iran war started, raising serious questions about natural gas availability around the world. The Qatari shutdown of its LNG operations, which will take months to restart even after the war ends, caused natural gas prices to rise in Europe and in key Asian ma...
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis A recovery in Dow Inc.'s share price ( DOW ) was already well underway when the Iran war started, raising serious questions about natural gas availability around the world. The Qatari shutdown of its LNG operations, which will take months to restart even after the war ends, caused natural gas prices to rise in Europe and in key Asian markets. At the same time, Dow Inc. benefits from low US natural gas prices, providing it with a long-term competitive advantage, since the higher natural gas prices experienced around the world are likely to persist beyond this year. Despite Dow's share price rising a further 25% since the start of the war, I continue to see it as a buying opportunity on the dip on longer-term fundamentals-based considerations. Maintaining a Buy Position I last covered Dow Inc. in October 2025, at which point I highlighted its cost-cutting efforts, which showed some early signs of producing positive financial trends. Its Q4 results continued to show signs of operational improvement amid tough external conditions, such as cost-cutting measures that are starting to bear fruit. Those early signs of company-specific operational improvements helped to produce an increase in its share price of about 24% from the point I wrote my late October article to the end of February when the war started. It is up over 48% since I wrote my October article as I write this, even after the sizable selloff we saw in the initial reaction to the news of a ceasefire between the US & Iran. Dow Inc. share price and other metrics. (Seeking Alpha) While I considered it prudent to take some profits recently on my Dow stock position, I intend to hold a long position in this stock, even after the war officially ends, given longer-term trends that, in my view, will continue to favor Dow as a mostly American petrochemicals manufacturer relative to its European & Asian peers. Constrained natural gas supplies outside of North ...
(RTTNews) - European stocks rose sharply on Wednesday thanks to sustained buying right through the day's session as U.S.-Iran ceasefire deal lifted sentiment. A sharp drop in oil prices and lower bond yields contributed as well to the bullish mood in the markets.
(RTTNews) - European stocks rose sharply on Wednesday thanks to sustained buying right through the day's session as U.S.-Iran ceasefire deal lifted sentiment. A sharp drop in oil prices and lower bond yields contributed as well to the bullish mood in the markets.
iQoncept/iStock via Getty Images Foreign industrial stocks have been among the standout performers in international equity markets so far in 2026, with several names posting gains well above 50% year-to-date. Much of the momentum is concentrated in defense, aerospace, and heavy equipment companies, reflecting sustained increases in global defense spending, particularly across Europe, as government...
iQoncept/iStock via Getty Images Foreign industrial stocks have been among the standout performers in international equity markets so far in 2026, with several names posting gains well above 50% year-to-date. Much of the momentum is concentrated in defense, aerospace, and heavy equipment companies, reflecting sustained increases in global defense spending, particularly across Europe, as governments continue to expand military budgets in response to ongoing geopolitical pressures. The following list ranks the top 10 foreign industrial stocks by YTD performance, spanning companies from Norway, Japan, Israel, China, Germany, and Canada, covering sub-sectors including aerospace and defense, industrial machinery, heavy electrical equipment, and marine transportation The list is topped by Kongsberg Gruppen ASA ( KBGGY ), with a YTD performance of 72.06%. Organo Corporation ( ORGJF ) and Elbit Systems Ltd. ( ESLT ) are next, rounding out the top three performers with gains of 71.28% and 58.24%, respectively. The remaining stocks reflect strong geographical and industrial diversity. Fujikura Ltd. ( FJIKY ) and Weichai Power Co., Ltd. ( WEICF ) represent Japan and China in the electrical components and heavy transportation equipment sectors. Major international players like Mitsubishi Corporation ( MTSU:CA ) and MDA Space Ltd. ( MDA:CA ) also make the top ten, while Höegh Autoliners ASA ( HOEGF ) rounds out the list from the marine transportation industry. Here is the list: Kongsberg Gruppen ASA ( KBGGY ), YTD perf: 72.06% Organo Corporation ( ORGJF ), YTD perf: 71.28% Elbit Systems Ltd. ( ESLT ), YTD perf: 58.24% Fujikura Ltd. ( FJIKY ), YTD perf: 57.52% Weichai Power Co., Ltd. ( WEICF ), YTD perf: 57.12% Nordex SE ( NRXXY ), YTD perf: 52.99% Kawasaki Heavy Industries, Ltd. ( KWHIY ), YTD perf: 51.79% Mitsubishi Corporation ( MTSU:CA ), YTD perf: 50.97% MDA Space Ltd. ( MDA:CA ), YTD perf: 49.32% Höegh Autoliners ASA ( HOEGF ), YTD perf: 49.22% More on global industrial sto...
10Y Auction Tails As Foreign Demand Dips After yesterday's impressive 3Y auction, moments ago the Treasury sold $39 billion in benchmark, 10Y paper, in what was a mediocre auction. The auction, a 9-Year 10-Month reopening of cusip CPX8, stopped at a high yield of 4.282%, up from 4.217% last month and the highest since last August. It also tailed the When Issued 4.280% by 0.2bps, the third consecut...
10Y Auction Tails As Foreign Demand Dips After yesterday's impressive 3Y auction, moments ago the Treasury sold $39 billion in benchmark, 10Y paper, in what was a mediocre auction. The auction, a 9-Year 10-Month reopening of cusip CPX8, stopped at a high yield of 4.282%, up from 4.217% last month and the highest since last August. It also tailed the When Issued 4.280% by 0.2bps, the third consecutive tail in a row. The bid to cover dipped to 2.429 from 2.449, and was also below the six-auction average of 2.48. The internals also disappointed, as foreign demand slumped from March with Indirects awarded 65.32%, down from 74.45%, and below the recent average of 68.78%. Directs offset much of this drop, rising to 23.88%, almost double the 12.83% in March and the highest since January. Dealers were left holding 10.8%, down from 12.7% the previous month, but in line with the average of 10.05%. Overall this was a slightly subpar auction, especially after yesterday's stellar 3Y auction, but in light of the bid drop in yields across the curve and the lack of concession, it priced roughly where it should have and the market has barely reacted as one would expect. Tyler Durden Wed, 04/08/2026 - 13:16
Bruce Bennett/Getty Images News Henry Schein ( HSIC ) announced on Wednesday plans to reduce the size of its board to 10 members from 15 with the retirement of Stanley Bergman, who served as the dental product supplier’s chairman for more than three decades. The changes are set to take effect following this year’s annual meeting of stockholders, scheduled for May 21. In addition to Bergman, board ...
Bruce Bennett/Getty Images News Henry Schein ( HSIC ) announced on Wednesday plans to reduce the size of its board to 10 members from 15 with the retirement of Stanley Bergman, who served as the dental product supplier’s chairman for more than three decades. The changes are set to take effect following this year’s annual meeting of stockholders, scheduled for May 21. In addition to Bergman, board members Joseph Herring, Robert Hombach, Scott Serota, and Bradley Sheares will not seek reelection, Henry Schein ( HSIC ) said. Bergman, who has served as a director of the company for 44 years and as its CEO for over 35 years until his retirement earlier this year, will be named chairman emeritus effective immediately after the meeting. “It has been an honor to serve as CEO and chairman, and I look forward to remaining actively engaged in supporting the board and management team in this new capacity,” he added. More on Henry Schein Henry Schein: Still A Buy - But Caution Is Warranted Henry Schein, Inc. (HSIC) Presents at Barclays 28th Annual Global Healthcare Conference Transcript Henry Schein, Inc. (HSIC) Presents at Leerink Global Healthcare Conference 2026 Transcript Henry Schein outlines 2026 EPS growth target of 5%–8% and strategic initiatives amid leadership transition Henry Schein Non-GAAP EPS of $1.34 beats by $0.04, revenue of $3.44B beats by $100M
AI company says purpose of its Claude Mythos model is to bolster defenses against hacking in common applications Anthropic on Tuesday said its yet-to-be-released artificial intelligence model called Claude Mythos has proven keenly adept at exposing software weaknesses. Mythos has laid bare thousands of vulnerabilities in commonly used applications for which no patch or fix exists, prompting the Sa...
AI company says purpose of its Claude Mythos model is to bolster defenses against hacking in common applications Anthropic on Tuesday said its yet-to-be-released artificial intelligence model called Claude Mythos has proven keenly adept at exposing software weaknesses. Mythos has laid bare thousands of vulnerabilities in commonly used applications for which no patch or fix exists, prompting the San Francisco-based AI startup to form an alliance with cybersecurity specialists to bolster defenses against hacking and withhold wide distribution. Continue reading...
Shares in FTAI Aviation (NASDAQ: FTAI) soared by 14.4% on the open today, only to settle back to a 9% gain by 12 p.m. The move comes after a ceasefire agreement between the U.S and Iran led to a significant decline in the price of oil amid hopes that the conflict was on track for a definitive resolution that would reduce risk to the global economy. The company's exposure comes from two main areas....
Shares in FTAI Aviation (NASDAQ: FTAI) soared by 14.4% on the open today, only to settle back to a 9% gain by 12 p.m. The move comes after a ceasefire agreement between the U.S and Iran led to a significant decline in the price of oil amid hopes that the conflict was on track for a definitive resolution that would reduce risk to the global economy. The company's exposure comes from two main areas. First, the company is a leading player in servicing narrow-body aircraft engines. Higher oil prices feed through into higher jet fuel prices (particularly when some refineries in parts of the world can't even obtain crude oil), and that's bad news for the commercial aerospace industry. In addition, the Gulf region is a major transportation hub in its own right. All of which means that a higher oil price is likely to lead to fewer flight departures and, ultimately, less need for servicing aircraft engines, Continue reading
In this article MSFT Follow your favorite stocks CREATE FREE ACCOUNT The Microsoft store is pictured in Manhattan on March 31, 2026, in New York City. Zamek | View Press | Corbis News | Getty Images A longtime Microsoft executive leading the software company's development tools group, Julia Liuson, told employees that she will retire in June and become an advisor. Liuson joined Microsoft in 1992, ...
In this article MSFT Follow your favorite stocks CREATE FREE ACCOUNT The Microsoft store is pictured in Manhattan on March 31, 2026, in New York City. Zamek | View Press | Corbis News | Getty Images A longtime Microsoft executive leading the software company's development tools group, Julia Liuson, told employees that she will retire in June and become an advisor. Liuson joined Microsoft in 1992, the same year as CEO Satya Nadella. "We will continue building on the progress already underway to flatten teams, operate AI-first and reduce toil," she wrote in a memo. Her departure comes as Microsoft, the world's largest software maker, faces mounting competition from startups such as Cursor with products that rely on generative artificial intelligence models to help developers write code. Building on relationships with AI model builders Anthropic and OpenAI, while also striving to formulate models in house, Microsoft is working to make AI a key part of its toolchain that third-party developers can use to create applications and websites. Cursor's annualized revenue exceeded $2 billion in February, Bloomberg reported. Nadella said in January that 4.7 million people were paying for its GitHub Copilot AI development service, up 75% year over year. Liuson has been president of Microsoft's developer division since 2021, according to her LinkedIn profile . She has reported to Jay Parikh, a former Meta executive who came to Microsoft in 2024. Last year, Nadella said Liuson's team would be part of Parikh's new CoreAI platform and tools group. In August, Thomas Dohmke, CEO of GitHub, which Microsoft acquired in 2018 for $7.5 billion, announced plans to leave. At the time, Parikh told employees that three GitHub executives would report to Liuson. Liuson said in a memo to employees on Wednesday that she will collaborate with Parikh on organizational changes. Liuson did not immediately respond to a request for comment. Microsoft did not immediately have a comment. Parikh said in hi...
⚽ Champions League updates from the 8pm BST kick-off ⚽ Barcelona v Atlético Madrid – live | Latest scores Arne Slot has warned Liverpool will suffer another emphatic defeat should they switch off against Paris Saint-Germain in their Champions League quarter-final first leg on Wednesday evening but believes his toiling team can save their season by going “toe-to-toe” with the European champions. Th...
⚽ Champions League updates from the 8pm BST kick-off ⚽ Barcelona v Atlético Madrid – live | Latest scores Arne Slot has warned Liverpool will suffer another emphatic defeat should they switch off against Paris Saint-Germain in their Champions League quarter-final first leg on Wednesday evening but believes his toiling team can save their season by going “toe-to-toe” with the European champions. The pressure on Liverpool and their head coach has intensified following Saturday’s 4-0 capitulation against Manchester City in the quarter-final of the FA Cup. Florian Wirtz disagreed with the captain Virgil van Dijk’s damning assessment that Liverpool “ gave up ” at the Etihad Stadium, but both the £116m playmaker and Slot admitted there can be no repeat of that performance at Parc des Princes. Continue reading...
Social media group TikTok said it would invest €1 billion ($1.16 billion) to build the company's second data center in Finland. TikTok on April 7 said the new facility would be in Lahti, in southern Finland, and would have capacity of 50 MW, scalable to 128 MW.
Social media group TikTok said it would invest €1 billion ($1.16 billion) to build the company's second data center in Finland. TikTok on April 7 said the new facility would be in Lahti, in southern Finland, and would have capacity of 50 MW, scalable to 128 MW.
Sarah Kerver/Getty Images Entertainment Chegg ( CHGG ) soared 21% after a shareholder called for the company to separate its business units. Galloway Capital, which has a 5.44% stake in Chegg, wants the company to separate its skilling segment from its legacy academic services business, the holder said in a letter sent to Chegg on Wednesday. "We believe the most effective path to unlocking shareho...
Sarah Kerver/Getty Images Entertainment Chegg ( CHGG ) soared 21% after a shareholder called for the company to separate its business units. Galloway Capital, which has a 5.44% stake in Chegg, wants the company to separate its skilling segment from its legacy academic services business, the holder said in a letter sent to Chegg on Wednesday. "We believe the most effective path to unlocking shareholder value is as you have presented, a strategic separation of the business units," Bruce Galloway wrote in the letter. Galloway wants to engage “constructively” with the management and the board to discuss its ideas further. "Following our analysis, we believe Chegg’s current share price reflects a substantial disconnect from intrinsic value," Galloway wrote in the letter. "At present levels, the market appears to be incorrectly pricing the business as though it is in financial distress. The Company maintains a strong balance sheet, is expected to exit the year with net cash and no debt, and, in our view, has no credible risk of financial distress." Shares of Chegg ( CHGG ) have fallen 22% this year before today. More on Chegg Chegg, Inc. 2025 Q4 - Results - Earnings Call Presentation Chegg, Inc. (CHGG) Q4 2025 Earnings Call Transcript Chegg targets double-digit growth for skilling business in 2026 as company restructures and expands B2B partnerships Chegg Q4 2025 Earnings Preview Seeking Alpha’s Quant Rating on Chegg