The NASDAQ composite index ended Tuesday down 2.2 percent, a dive driven by falling tech stocks. AI and chip stocks spearheaded the decline, with key companies like Tesla (TSLA), and Nvidia (NVDA) down 5.82 and 3.91 percent respectively over the past five days. One key driver of the decline was fear ahead of earnings reports from Micron Technology, a key chipmaker, after market close on Wednesday. Micron fell 13 percent on the day, alongside the South Korean chipmakers Samsung Electronics and SK Hynix, which fell 12 percent over the same period. Subscribe Today Get daily emails in your inbox These declines come as major AI companies, OpenAI and Anthropic, plan to offer shares on the public markets, raising questions about their long-term profitability. Corporate Investment in artificial intelligence this year has reached a high of $580 billion according to Stanford University’s 2026 AI Index report, with over $1 trillion cumulatively in the past four years. Costs of AI processing and production rising still higher than revenues has fueled speculation about an AI bubble and worries about the Federal Reserve rate hikes. Read the full article here
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MoreIn what may be the coolest thing I saw at SOF Week, Envision Technology made the public debut of their PROTEUS. Portable Reconfigurable Observation And Targeting Expeditionary Uncrewed System or PROTEUS for short was designed in response to USSOCOM’s drone-in-a-box requirement which envisioned a multi-mode drone system, rapidly transitioning from…
KETRZYN, POLAND, June 24, 2026 – Revision Military, a global leader in ballistic eyewear and protective systems, announces the expansion of its manufacturing footprint with the launch of assembly operations in Ketrzyn, Poland. The new assembly line supports the production of select Revision Military products delivered to NATO and allied…
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The Senate passed on Tuesday a concurrent resolution directing the president to cease military action in Iran or seek congressional approval by a 50–48 vote. The House passed the same resolution earlier this month. Four Republicans crossed the aisle to support the resolution: Senators Rand Paul (KY), Susan Collins (ME),…
FORT INDIANTOWN GAP, Pa. – The Unmanned Aircraft System (UAS) Training and Innovation Facility soon will undergo modernization changes that will strengthen its readiness to train Soldiers, including creating an innovation classroom, a high-tech classroom, a simulator room, a locker room and a mock urban village for training. Plans also…
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MoreKOMENDA, SLOVENIA (18 June 2026) UNI&FORMA, part of Mehler Systems and the company behind the UF PRO brand, has received Slovenia’s prestigious “Exporter of the Year” (Izvoznik leta) 2026 award, recognising excellence in exports, innovation, and international growth. Presented annually by Finance, Slovenia’s leading business newspaper, the award is one…
The prestigious ammunition brand ROTTWEIL known for its shotshell products launches fourteen (14) different product solutions for law enforcement and security agencies as well as special forces. Besides door breaching cartridges, ROTTWEIL’s portfolio now also carries a slug, buckshot, training as well as an anti-drone (C-UAV) range meeting the remarkably…
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Coventry, UK — 22 Jun 26 — NP Aerospace, a leading global armour technology manufacturer and vehicle integrator, today announced that it has signed a definitive agreement to acquire Iten Defense, a U.S. based specialist provider of advanced defence protection solutions, from Edgewater Capital Partners and other minority shareholders. The…
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MoreCybersecurity agencies in the United States and its “Five Eyes” allied nations issued a rare joint statement Monday warning that frontier AI models are expected to fundamentally transform offensive cyber capabilities within months and that adversaries may succeed in developing attacks against Western governments and companies. Signed by agency heads…
RTS Tactical Receives US Patent, Raising the Standard for Ballistic Shield Protection U.S. Patent No. 12,624,927 Recognizes RTS Tactical’s Innovative Boltless Viewport Assembly for Ballistic Shields RTS Tactical, a leading manufacturer of body armor and tactical gear solutions for our men and women in uniform, announced that it has been…
Former Federal Reserve Chair Alan Greenspan passed away Monday at 100 years old, following a battle with Parkinson’s disease. He served as the 13th chair of the nation’s central bank and an advisor to six presidents. Greenspan earned his baccalaureate and graduate degrees in economics from New York University and…
Knoxville, TN and Semily, Czech Republic — Qore Performance, Inc., the inventors of the ICEAGE ECOSYSTEM of thermoregulation and hydration technologies, is proud to announce Rigad as an authorized dealer for the Czech Republic. This partnership provides Czech military, law enforcement, and outdoor professionals with direct, local access to Qore…
Keir Starmer announced Monday his resignation as UK Prime Minister following the reelection of a key Labour Party rival to parliament and growing dissension inside his party. “The question my party is asking now is whether I am best placed to lead us into the next general election,” Starmer said…
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Mediators said that talks between the U.S and Iran in Switzerland to resolve points of tension in the 60-day interim peace agreement to end the Iran War, particularly Israel’s ongoing bombing and occupation of Lebanon, saw “encouraging progress” as the conflict entered its 115th day on Monday. On June 17,…
Harris Aerial Officially Joins the Blue UAS Cleared List We’re proud to announce our official addition to the Blue UAS Cleared List. This validates our strict NDAA compliance, cybersecurity standards, and American manufacturing of heavy-lift hybrid and electric drones. Built in Orlando, FL, ready for defense, public safety, utilities, forestry,…
Abelardo de la Espriella was elected president of Colombia Sunday, securing a victory for the right against the left-wing senator Ivan Cepeda. The runoff election was a relatively close race: De la Espriella secured 49.7 percent of the vote, with Cepeda receiving 48.7 percent. Subscribe Today Get daily…
Darley Releases New Uncrewed Systems Capabilities & Partner Brochure for Defense and Public Safety Missions ITASCA, IL – June 17th, 2026 – Darley, a leading provider of defense, fire, and emergency services equipment, is proud to announce the release of its new Uncrewed Systems Capabilities & Partners Brochure. Accessible online at…
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A Soldier steps off the vehicle at first light. The rifle hangs across his chest as he checks equipment, adjusts his ruck, and moves into formation. Hours later, the rifle is still there. Through movement, briefings, security halts, vehicle operations, and countless tasks that have nothing to do with pulling…
