Defense stocks hitting 2025 highs on this: * TRUMP'S FISCAL YEAR 2026 BUDGET WOULD INCREASE DEFENSE SPENDING BY 13 PERCENT - PUNCHBOWL @reuters.com $ITA - ThreadSky

carlquintanilla.bsky.social • 3 days ago

Defense stocks hitting 2025 highs on this:

* TRUMP'S FISCAL YEAR 2026 BUDGET WOULD INCREASE DEFENSE SPENDING BY 13 PERCENT - PUNCHBOWL

@reuters.com $ITA

Comments

alexandergruchala.bsky.social•3 days ago

I figure the traditional defense industry actually loses contracts for tanks and jets in favor of Musk and Thiel getting money for drone/missile defense/AI vaporware.

billmccormickpm.bsky.social•3 days ago

How we paying for this but we have to cut Medicaid.

studuncan.bsky.social•3 days ago

DOGE is on the job?

truenikito.bsky.social•3 days ago

That's fine, but if it's to open fire on allies...

frenchbully.bsky.social•3 days ago

Ah yes, the organization that never passed an audit is getting a 13% bump.

jerseypatrick.bsky.social•3 days ago

Gross. And I have Halliburton and Lockheed Martin stocks - just for times like these. I’ll go sell.

mrxexon.bsky.social•3 days ago

Ike warned us about these people... We didn't listen.

They have some sort of large military action planned. And I'm betting if it goes badly, they're going to restart the draft.

phillip-rees.bsky.social•3 days ago

How else are they going to afford the campaign contributions?

longleafpine2024.bsky.social•3 days ago

Why?

jimmy-james-3295.bsky.social•3 days ago

Cold comfort for LockMart who just lost NGAD and has several F-35 partner countries backing out/canceling

holliwinters57.bsky.social•3 days ago

But Trump says he is a peacemaker, so why increase defense spending?

rgbose.bsky.social•3 days ago

So much for cutting waste

ckratina.bsky.social•3 days ago

Waste, Fraud, and abuse = defense spending. The budget should have been cut by 13%

lmc4democracy.bsky.social•3 days ago

“No more wars???” 🙄🙄

I’m sure all that money will be spend wisely. s/ 😒🤬

lfeatfan.bsky.social•3 days ago

Sounds like those cuts to Medicaid are going to be steeper then they are talking about. What's next

elshane-o.bsky.social•3 days ago

😂😂😂😂😂😂😂😂😂😂😂😂😂

While they’re cutting taxes. Yeah the deficit is so important.

😂😂😂😂😂😂😂😂😂😂😂😂😂

crabapplejones.bsky.social•3 days ago

No HeadStart, but a ducking Thiel gets another yacht.

mtatro.bsky.social•3 days ago

How much is ever going to be enough? How many countries do we now out spend combined? I think it used to be a dozen or so. #Obscene

happymiser.bsky.social•3 days ago

Seeing the market up today is laughable. It’s a suckers rally. The, irrational exuberance, is based on rear view mirror data. Empty ports, fast food chains slowing down etc., shows an approaching storm that many seem to be ignoring.

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