German defense technology company Vincorion is planning to list in Frankfurt, looking to tap investor appetite for defense stocks in an increasingly unstable world. Private equity firm Star Capital , which owns the maker of power and drive systems for military equipment, will sell shares in the initial public offering in the first half of this year, according to a statement on Friday. Cornerstone ...
German defense technology company Vincorion is planning to list in Frankfurt, looking to tap investor appetite for defense stocks in an increasingly unstable world. Private equity firm Star Capital , which owns the maker of power and drive systems for military equipment, will sell shares in the initial public offering in the first half of this year, according to a statement on Friday. Cornerstone investments of about €105 million ($122 million) have been lined up from Fidelity International, Invesco Asset Management Ltd. and T. Rowe Price Associates Inc. Vincorion builds generators, electric motors, drive systems and other equipment for the defense industry. The company supplies a bespoke power network to Raytheon Co.’s Patriot missile system which is being deployed to counter Iranian attacks in the Middle East. The deal announcement comes just days after conflict flared up in the region last weekend, sparking market volatility. “We want to continue our growth course in 2026 and see strong demand in the market, which is why we are looking forward to coming opportunities,” Chief Executive Officer Kajetan von Mentzingen said to Bloomberg News. The defense company also supplies parts for Rheinmetall AG ’s Puma infantry vehicle and KNDS NV ’s Leopard 2 tank. Like other recently listed European defense firms including gearbox maker Renk Group AG and ammunition producer CSG NV , Vincorion’s business was transformed by the sudden increase in demand as European governments look to rearm in the wake of the war in Ukraine. It generated revenue of about €240 million in 2025, up from about €200 million the year before, and recorded a total order backlog of about €1.1 billion, the statement said. Its sales have surged from about €145 million in 2021, before Russia invaded Ukraine. The US’s security strategy shift last year made it clearer that Europe has to become independent regarding defense, said the CEO, who worked at Airbus SE before joining Vincorion in 2023. “After that, ...
TLDRs; Oracle (ORCL) stock ticked slightly higher as investors weighed AI infrastructure expansion alongside reports of significant workforce reductions. Oracle is reportedly preparing thousands of layoffs across divisions to manage costs tied to massive AI data-center construction. The company plans to raise up to $50 billion through debt and equity to fund its ambitious AI infrastructure strateg...
TLDRs; Oracle (ORCL) stock ticked slightly higher as investors weighed AI infrastructure expansion alongside reports of significant workforce reductions. Oracle is reportedly preparing thousands of layoffs across divisions to manage costs tied to massive AI data-center construction. The company plans to raise up to $50 billion through debt and equity to fund its ambitious AI infrastructure strategy. Analysts expect near-term financial pressure as heavy AI spending could push Oracle’s cash flow negative before long-term recovery. 💥 Find the Next KnockoutStock! Get live prices, charts, and KO Scores from KnockoutStocks.com , the data-driven platform ranking every stock by quality and breakout potential. Shares of Oracle (ORCL) moved modestly higher as investors reacted to reports that the technology giant is preparing large workforce reductions while expanding its artificial intelligence infrastructure. The expected layoffs come as Oracle accelerates a massive buildout of data centers designed to support AI computing demand. According to people familiar with the situation, the job cuts could begin as early as this month and may impact thousands of employees across multiple departments. The restructuring highlights the financial pressure created by Oracle’s aggressive push into AI infrastructure, which requires enormous capital investment. Expanding AI Data-Center Footprint Oracle has been rapidly expanding its network of data centers to support AI workloads for enterprise customers and major technology partners. The facilities are designed to run large-scale machine learning systems and generative AI models that require significant computing power. As demand for AI services grows, Oracle has positioned its cloud platform as a key provider of high-performance infrastructure. Oracle Corporation, ORCL To support the expansion, Oracle recently announced plans to raise as much as $50 billion through debt and equity financing this year. The funding would help cover construc...
Palantir (PLTR 0.39%) has been on fire over the past years, but volatility has been prevalent. The data analytics and artificial intelligence (AI) specialist has generated stock price gains of 1,730% over the past three years, but has fallen by at least 20% at least 10 times. There's more. During the two years between early 2021 and early 2023, Palantir stock plummeted more than 80% -- so it isn't...
Palantir (PLTR 0.39%) has been on fire over the past years, but volatility has been prevalent. The data analytics and artificial intelligence (AI) specialist has generated stock price gains of 1,730% over the past three years, but has fallen by at least 20% at least 10 times. There's more. During the two years between early 2021 and early 2023, Palantir stock plummeted more than 80% -- so it isn't for the squeamish. The stock currently trades for an eye-popping 241 times earnings and 115 times forward earnings (as of this writing), yet one Wall Street analyst calls Palantir "extraordinary." Citi says Palantir stock is a buy Citi analyst Tyler Radke recently made a splash, maintaining a buy rating and raising his price target on Palantir stock to a Street-high $260. For those keeping score at home, this represents potential gains for investors of 70% compared to Thursday's closing price. The analyst cites Palantir's strong results and relentless growth as the basis for his bullish stance. Radke points out that "These revisions mark some of the strongest at scale we've seen in enterprise software." He goes on to say that "Palantir's momentum increasingly stands out in a software market where accelerating growth stories are rare." I think the analyst hit the nail on the head. In the fourth quarter, Palantir's revenue grew 70% year over year, but this belies the underlying strength of the business. The U.S. commercial segment -- which includes the company's Artificial Intelligence Platform (AIP) -- surged 137% year over year and 28% sequentially, representing 36% of Palantir's total revenue. AIP is attracting not only enterprise customers but also government agencies. Equally as impressive is the company's remaining performance obligation (RPO) -- contractually obligated sales not yet included in revenue -- which surged 143% to $4.2 billion, adding $1.6 billion in the fourth quarter alone. This gives the company a solid foundation for future growth. Expand NASDAQ : PLTR...
Rolling coverage of the latest economic and financial news Iran war live updates: US temporarily lets India buy Russian oil amid energy fears; Israeli military launches strikes on Beirut Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The oil price is on track for its biggest monthly gain in four years, fuelling fears of an inflation spik...
Rolling coverage of the latest economic and financial news Iran war live updates: US temporarily lets India buy Russian oil amid energy fears; Israeli military launches strikes on Beirut Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The oil price is on track for its biggest monthly gain in four years, fuelling fears of an inflation spike that will reignite the cost of living crisis and hurt growth around the globe. 7am GMT: Halifax house price index for February 1.30pm GMT: US non farm payrolls employment data for February 1.30pm GMT: US retail sales report for January Continue reading...