Add Pakistan To Growing List Of Countries Preparing To Stockpile Shahed-Style Attack Drones The Pakistan-based drone company Sysverve Aerospace can now be added to the rapidly expanding list of defense firms worldwide racing to develop, manufacture, stockpile, and potentially deploy low-cost, one-way attack drones on the modern battlefield. The proliferation of these drones across two major battle...
Add Pakistan To Growing List Of Countries Preparing To Stockpile Shahed-Style Attack Drones The Pakistan-based drone company Sysverve Aerospace can now be added to the rapidly expanding list of defense firms worldwide racing to develop, manufacture, stockpile, and potentially deploy low-cost, one-way attack drones on the modern battlefield. The proliferation of these drones across two major battlefields in Eurasia is set to permanently reshape warfare. Pakistani-American artificial intelligence investor Amir Husain posted on X about an exhibit featuring Sysverve’s latest "Shahed-like loitering munition." When asked on X by one user where the exhibit was being featured, Husain stated it was at the World Defense Show, held in February in Riyadh, Saudi Arabia. Sysverve’s website describes the company as a leader of unmanned air target systems in Pakistan and states it also develops surveillance and combat UAVs. Its contact page lists the company in Rawalpindi, Pakistan. Last week, we revealed that India has adopted the Iranian-style drone playbook, with startup HoverIt showcasing its DIVYASTRA MK2, an advanced long-range strike drone. In the six-week U.S.-Iran conflict, Shahed drones launched by Iran proved extraordinarily effective, knocking out data centers in surrounding Gulf states and even successfully striking U.S. bases in the region. The U.S. announced during the conflict that it had deployed its own Iranian-style kamikaze drones. We recently published a fascinating piece titled " Ukraine Becomes World’s AI Weapons Laboratory ," which delves into Ukraine’s drone industry and offers more insight into interceptor technology. On Friday, President Volodymyr Zelensky announced that Ukrainian forces stationed in the Gulf had successfully used Ukrainian interceptor drones against Iranian Shahed drones. The emergence of these low-cost drones on the modern battlefield began with the war between Ukraine and Russia over the past four years. There are even reports that Rus...
The average one-year price target for Intuit (BIT:1INTU) has been revised to €546.50 / share. This is a decrease of 19.37% from the prior estimate of €677.79 dated February 23, 2026. The price target is an average of many targets provided by analysts. The late
The average one-year price target for Intuit (BIT:1INTU) has been revised to €546.50 / share. This is a decrease of 19.37% from the prior estimate of €677.79 dated February 23, 2026. The price target is an average of many targets provided by analysts. The late
CaronB/iStock via Getty Images In an environment of market volatility, many may feel forced to choose between the safety of high-yield income and the excitement of capital appreciation. In my view, the most resilient portfolios bridge this gap by selecting compounders. Businesses with a stable floor of cash flow and the infrastructure for future growth. One opportunity sits at the intersection of ...
CaronB/iStock via Getty Images In an environment of market volatility, many may feel forced to choose between the safety of high-yield income and the excitement of capital appreciation. In my view, the most resilient portfolios bridge this gap by selecting compounders. Businesses with a stable floor of cash flow and the infrastructure for future growth. One opportunity sits at the intersection of trophy real estate and disciplined financial engineering. Sporting a perfect rent collection record and a multi-year path for growth, this investment-grade REIT is trading at a valuation that implies the market is overlooking its potential. Of course, I’m talking about VICI Properties ( VICI ). When I last covered VICI with a Buy rating in December , I thought that the net lease REIT’s growth prospects were intact. VICI’s balance sheet was investment-grade. Shares were also a compelling value. Four months later, I’m reiterating my Buy rating. Alongside its annual lease escalators, VICI’s expanded relationship with Cain and Eldridge Industries, as well as the acquisition of Pure Casino Entertainment’s assets, are tangible growth catalysts. VICI’s net leverage ratio was at the low end of its targeted leverage ratio. Finally, shares remain attractively valued. More AFFO Growth to Come VICI Properties Q4 2025 Earnings Press Release On February 25 th , VICI shared its earnings report for the fourth quarter ended December 31 st , 2025. The company’s total revenue increased by 3.8% over the year-ago period to $1.01 billion in the quarter. Adjusting for a 1.2% increase in the share count, VICI’s revenue grew solidly at a low single-digit clip on a per-share basis during the quarter. What contributed to the net lease REIT’s revenue growth for the fourth quarter? Most of VICI’s total revenue growth was made possible by a 6.7% uptick in income from lease financing receivables to $448.77 million in the quarter. Contributing factors behind this higher revenue included the initial $450 m...
Lemon_tm/iStock via Getty Images Market Brief – Stocks Surge On Relief Note : I am traveling home from the UK today, so this week’s missive will be short. Also, I had to write it on Friday before the U.S. markets officially closed. So, any discrepancies will be corrected next week when the full newsletter returns. Five weeks of losses, one ceasefire announcement, and the market exhaled - at least ...
Lemon_tm/iStock via Getty Images Market Brief – Stocks Surge On Relief Note : I am traveling home from the UK today, so this week’s missive will be short. Also, I had to write it on Friday before the U.S. markets officially closed. So, any discrepancies will be corrected next week when the full newsletter returns. Five weeks of losses, one ceasefire announcement, and the market exhaled - at least for now. The week opened on a knife’s edge. Trump’s self-imposed deadline for Iran to reopen the Strait of Hormuz or face escalation kept futures volatile and conviction thin. Monday churned with no direction, the S&P closing essentially flat. Tuesday was similarly tortured. The index swung by more than 1% intraday before settling with a 0.08% gain as Pakistan urged a two-week extension. Then came Wednesday. Shortly before 8 p.m. Tuesday evening, President Trump posted that he had agreed to suspend attacks on Iran for two weeks. Furthermore, the US and Iran were “very far along” on a long-term peace agreement. Markets didn’t wait for morning. The Dow surged 1,325 points, its best single session since April 2025. The S&P 500 popped 2.51% to 6,782.81, and the Nasdaq jumped 2.80%. Most consequentially, WTI crude collapsed 16.4%, its largest single-day drop since April 2020, settling at $94.41 per barrel. Treasury yields fell sharply, with the 10-year dropping to 4.25%, and rate-hike odds retreated. As we noted previously, the offside positioning had gotten so bearish that a short-covering rally had become very probable. This is why the “best 10 days of the markets often occur alongside the 10 worst days.” That Wednesday rally pushed the market back above the 200-day moving average. Then, on Thursday, the rally extended, with the S&P adding another 0.62% even as oil edged back above $97. That rally reclaimed the 20- and 50-day moving averages, effectively ending the correction that began in March. Of course, the ceasefire’s fragility was not lost on anyone. JPMorgan’s Jamie Dim...