Wall Street experienced a significant selloff with the Nasdaq 100 nearing correction territory and the Dow Jones dropping over 1,000 points, wiping out recent gains. The selloff is driven by fears of rising interest rates after three Federal Reserve members dissented in favor of a hike, pushing the 30-year Treasury yield above 5.20%, levels last seen during the Global Financial Crisis. Additional uncertainty stems from escalating Middle East conflicts and skepticism about the pace and returns of AI investments, highlighted by Meta's 9% stock drop after earnings. Despite broad market weakness, retail investors are selectively selling certain tech stocks, especially memory chip makers, as a defensive move rather than exiting equities entirely. Upcoming earnings from major companies like Apple and Amazon will be closely watched for market direction.
Lockheed Martin and RTX both raised dividends in 2026 and have strong defense backlogs and cash flow. Lockheed Martin provides a higher current dividend yield and a longer, uninterrupted history of dividend increases, making it more attractive for re...
Lockheed Martin delivered Germany's first F-35A Lightning II fighter jet in a ceremony held in Fort Worth, Texas, marking a major step for the German Air Force and NATO. The F-35A, known for its stealth, advanced sensors, and data integration, will e...
Lockheed Martin and GM Defense rapidly produced and delivered mission-critical components for the PAC-3 Missile Segment Enhancement (MSE) interceptor missile within 22 days after signing a contract. This fast turnaround highlights the strength of com...
Lockheed Martin has signed a framework agreement with the U.S. Department of War to accelerate production and delivery of the AIM-260 Joint Advanced Tactical Missile (JATM). This missile offers superior range and effectiveness against enemy air threa...
