Elbit Systems Ltd. announced that S&P Global Ratings Maalot Ltd. upgraded its long-term rating to "ilAAA," the highest local rating, reflecting improved financial ratios and strong operating performance. The rating agency highlighted Elbit's record-high backlog driven by global defense budget increases amid geopolitical tensions. This upgrade supports Elbit's strategy to invest in growth while maintaining disciplined financial management. The company reported nearly $8 billion in 2025 revenues and a $28.1 billion order backlog, signaling robust demand for its defense technology solutions.
C-Lingo, a Hong Kong-based company, introduced a new AI-driven platform on May 23, 2026, to transform Chinese language education in Vietnam. The platform uses a unique "Connected Learning" model combining AI personalization and gamification to enhanc...
The Pentagon has informed Japan that delivery of 400 Tomahawk cruise missiles, ordered in 2024 under a $2.35 billion deal, will face delays of up to two years. This is due to the US military prioritizing replenishment of missile stockpiles heavily us...
Aave founder Stani Kulechov outlined a 12-month plan focusing on diversifying revenue streams, expanding the GHO stablecoin, and enhancing the Aave App to benefit AAVE token holders. The protocol has generated $141 million in revenue recently, driven...
The S&P 500 has seen an eight-week rally, but this masks serious bubble risks due to extreme market concentration and record-high valuations. Apple and NVIDIA alone make up 15% of the total U.S. equity market cap, with tech stocks exceeding 55%, surp...
Retirees with $750,000 portfolios can generate steady income by investing in a simple 50/50 mix of two ETFs: iShares Short-Term National Muni Bond ETF (SUB) and Schwab U.S. Dividend Equity ETF (SCHD). SUB offers tax-exempt income from high-quality sh...
