Pentagon

Shares of Palantir Technologies Inc. (NASDAQ:PLTR) tumbled over 7% in premarket trade on Monday after the Pentagon canceled a $280 million over-budget HR project involving Oracle Corp. (NYSE:ORCL) and Leidos Holdings Inc. (NYSE:LDOS) on Friday. What Happened: The U.S. Department of Defense’s...

Elon Musk has issued a public threat to Pentagon employees suspected of leaking information about an alleged briefing on sensitive materials involving a potential U.S. war with China. What Happened: The New York Times published a story suggesting Musk was to be briefed by the Pentagon on potential...

U.S. President Donald Trump slammed reports suggesting that billionaire Elon Musk would be briefed by the Pentagon on potential U.S.-China war strategies. What Happened: The U.S. President took to his Truth Social to call out the New York Times report which stated that the Tesla CEO...

Defense Secretary Pete Hegseth has directed a review of military standards related to physical fitness and appearance, signaling potential changes to recent policies designed to increase diversity and inclusion. The review, ordered late Wednesday in a memo, focuses on physical fitness, body...

The Trump administration has ordered senior officials at the Pentagon and throughout the U.S. military to prepare for sweeping budget cuts.  The Details: According to a Washington Post report, Defense Secretary Pete Hegseth, on Tuesday, sent a memo ordering senior officials to develop plans to...

In the wake of President-elect Donald Trump’s refusal to rule out military action to acquire Greenland, an autonomous Danish territory, the Pentagon has categorically denied having any such plans. What Happened: The Pentagon, on Wednesday, stated that it was “not aware” of...

Palantir Technologies Inc. (NYSE:PLTR) and Anduril Industries, a defense technology company are spearheading a new consortium of technology companies to compete for U.S. Department of Defense contracts, challenging traditional defense contractors’ dominance over the $850 billion defense...

On Thursday, Rep. Jeff Van Drew (R-N.J.) called out the Pentagon for allegedly hiding information about unidentified drones spotted near military locations in New Jersey. What Happened: The representative said, “We aren't being told the truth.” He went on to say in a Fox News interview...

Palantir Technologies Inc. (NYSE:PLTR) Chief Technology Officer Shyam Sankar highlighted the critical role of artificial intelligence in national defense and outlined the company’s vision for rebuilding America’s industrial base during a CNBC “Closing Bell Overtime”...

Palantir Technologies Inc. (NYSE:PLTR) has emerged as a pivotal player in government technology and artificial intelligence, with its influence expanding from immigration enforcement to potential Pentagon leadership. What Happened: The company’s Chief Technology Officer, Shyam Sankar, is...

Elon Musk and Vivek Ramaswamy are targeting lowering government spending with the newly announced Department of Government Efficiency (or D.O.G.E. for short). An aircraft component company is named as the perfect place for the duo to start in a new short report from The Bear Cave. What Happened:...

President-elect Donald Trump is reportedly planning a major overhaul at the Pentagon, with his transition team preparing a list of military officers to be dismissed. This could include members of the Joint Chiefs of Staff, according to sources familiar with the matter. What Happened: The planning...

As President-elect Donald Trump prepares to take office for the second time, Pentagon officials are reportedly strategizing their response to potential controversial orders, including the domestic deployment of active-duty troops. What Happened: Pentagon officials are informally discussing how the...

The United States is rapidly falling behind China in preparing for potential conflict, as revealed in recent hearings at the Pentagon. What Happened: Two key congressional panels heard that the Pentagon’s outdated procedures and a crisis-driven public are significant obstacles. Lawmakers...

Intel Corp. (NASDAQ:INTC) has reportedly secured a $3.5 billion contract to manufacture semiconductors for the U.S. military. What Happened: Chip maker Intel has been granted up to $3.5 billion in federal funds to produce advanced chips for military and intelligence use, reported Bloomberg, citing...