AeroVironment: Defense Tech, Major Contracts, and Sky-High Stock Ratings
AVAV won a huge $499M US Air Force contract for soldier safety gear (EMS protection). Analysts raised stock target price to $365 on high defense spending.
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Serve Robotics Expands Autonomous Delivery to Chicago
Serve Robotics started robot delivery in Chicago. Partnering with Uber Eats, robots deliver food in 14 neighborhoods.
FAA to Ease Restrictions on Boeing Aircraft Deliveries
Federal regulators are easing restrictions on Boeing, allowing the company to resume certain safety checks and potentially boost 737 MAX production following years of strict oversight imposed after safety crises.
Massive New Tariffs: How Trump’s Latest Duties Hit Drugs, Trucks, and Furniture
President Trump is hitting imports with massive new tariffs starting October 1st, targeting branded drugs (100%), heavy trucks (25%), and furniture.
Cool Company Shares Rise on Buyout Talks with EPS Ventures
CoolCo is being bought by EPS Ventures for $9.65 in cash per share. This offers a 26% premium. CoolCo will be delisted from the stock exchange and fully owned by EPS after the merger, which is targeted for late 2025/early 2026.
Boeing and Palantir Join Forces to Bring AI to Defense Programs
Boeing Defense, Space & Security (BDS) is teaming up with Palantir Technologies to rapidly adopt Artificial Intelligence (AI) across its defense operations and sensitive programs.