Oppenheimer predicts the global drone market will be worth $400 billion in a decade. How to play it

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Drones are the fastest-growing, multibillion-dollar investment opportunity in the hot space of “physical” artificial intellgence, according to Oppenheimer. The global defense market has seen booming growth over the past year driven by rising geopolitical conflicts and military investment, with the House of Representatives in December authorizing the Defense Department to spend $900.6 billion fiscal 2026. The …

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Pakistan bombs targets in Afghan cities, minister calls it ‘open war’

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Taliban security personnel stand guard near the Torkham border crossing between Afghanistan and Pakistan in the Nangarhar province on Feb. 27, 2026. Aimal Zahir | Afp | Getty Images Pakistan bombed Taliban government targets in Afghanistan’s major cities on Thursday night, officials from both countries said on Friday, with Pakistan’s defense minister calling the conflict “open war”. Security sources in Pakistan said the strikes involved air-to-ground …

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Democrats plan to force Iran war powers vote next week

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U.S. House Minority Leader Hakeem Jeffires (D-NY) speaks at a press conference on the government shutdown at the U.S. Capitol on Oct. 8, 2025 in Washington, DC. Kevin Dietsch | Getty Images Congressional Democrats will force a vote on a war powers resolution relating to Iran next week, Democratic leadership announced Thursday, as President Donald …

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MP Materials selects Texas for rare earth magnet manufacturing site

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MP Materials 10X Magnet Manufacturing Facility, Northlake TX. Source: MP Materials MP Materials has chosen Northlake, Texas, for its new $1.25 billion rare earth magnet manufacturing campus, the company announced Thursday, amid a rush to shore up domestic supplies of metals critical for everything from data centers and defense to personal electronics. The facility, dubbed …

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Four years into the Ukraine war, is Europe ready for its own army?

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Europe has struggled to unite to meet the challenges of Russia’s full-scale invasion of Ukraine in the last four years. The threat from Russia, and the growing tensions with the U.S. under President Donald Trump, have fueled suggestions that the answer to Europe’s divisions, redundancies and duplications in its defense efforts is a single European …

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