Author: Defenceline Webdesk

Tesla (NASDAQ:TSLA) executives used the company’s first-quarter 2026 Q&A webcast to outline an aggressive investment cycle centered on artificial intelligence, autonomy, robotics, and manufacturing expansion, while also pointing to improving vehicle demand trends and growing Full Self-Driving (FSD) adoption. In opening remarks, CEO Elon Musk said the company expects a “very significant increase in capital expenditures” to support what he described as a “substantially increased future revenue stream.” CFO Vaibhav Taneja later put a number to that plan, saying Tesla’s current expectation for 2026 capital spending is “over $25 billion,” and warned that the spending ramp will likely mean “negative…

India has approved a ₹3,000 crore currency swap withdrawal for the Maldives on Thursday, 23 April 2026, aimed at strengthening the island nation’s foreign exchange reserves and ensuring economic stability.The Indian High Commission in Male confirmed that the disbursement falls under the SAARC Currency Swap Framework, a regional mechanism designed to provide short-term liquidity support.This latest financial injection builds on an agreement signed between the Reserve Bank of India and the Maldives Monetary Authority during President Mohamed Muizzu’s state visit to New Delhi in October 2024.The facility is intended to help manage balance of payments pressures while reducing reliance on…

Juan Rojas, Responsible Statecraft The administration’s aggressive counternarcotics approach is now risking American lives and an escalation to real war with one of our closest neighbors Source link

ServiceNow (NYSE:NOW – Get Free Report)‘s stock had its “buy” rating reiterated by equities researchers at TD Cowen in a report released on Thursday,Benzinga reports. They currently have a $140.00 target price on the information technology services provider’s stock. TD Cowen’s price target would indicate a potential upside of 55.41% from the stock’s current price. Other equities research analysts have also recently issued research reports about the company. The Goldman Sachs Group decreased their target price on ServiceNow from $188.00 to $163.00 and set a “buy” rating for the company in a research report on Thursday. BMO Capital Markets dropped…

Torpedo Advanced Light Shyena ‘Hawk’, utilises SMART missile as long-range delivery platformBharat Dynamics Limited (BDL), a leading defence public sector undertaking under the Ministry of Defence, has marked a significant achievement in indigenous defence manufacturing with the delivery of a production-grade Wire Guided Heavy Weight Torpedo (WGHWT) to the Naval Science and Technological Laboratory (NSTL) at its Visakhapatnam unit.The handover took place on Thursday and was formally announced in a statement released late on Friday night.The event was attended by senior officials, including R V Hara Prasad, distinguished scientist and Director General (NS&M), A Madhavarao, Chairman and Managing Director of…

WSJ Another round of debate erupts in public between hard-liners and more moderate officials who want to negotiate with the U.S. Source link

Calamos Advisors LLC lowered its stake in Marathon Petroleum Corporation (NYSE:MPC – Free Report) by 6.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 313,204 shares of the oil and gas company’s stock after selling 23,002 shares during the period. Calamos Advisors LLC owned approximately 0.10% of Marathon Petroleum worth $50,936,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently modified their holdings of the company. Associated Banc Corp increased its position in shares of Marathon Petroleum by 2.1%…

Hindustan Aeronautics Limited has inaugurated its new G3INS testing facility, marking a significant step forward in India’s indigenous avionics development.The G3INS system is a strap-down Inertial Navigation System equipped with a Ring Laser Gyro, designed to deliver high-precision navigation capabilities for aircraft.By integrating with satellite-based augmentation systems such as GAGAN, alongside GPS and GLONASS, the facility ensures robust and reliable navigation performance across diverse operational theatres.The inauguration of this facility highlights HAL’s commitment to strengthening India’s self-reliance in advanced avionics. The G3INS system is tailored to support future aircraft programmes, providing a critical backbone for next-generation platforms.Its design enhances reliability…

UnitedHealth Group (NYSE:UNH – Get Free Report) had its price target increased by equities researchers at TD Cowen from $311.00 to $337.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “hold” rating on the healthcare conglomerate’s stock. TD Cowen’s target price would suggest a potential downside of 5.08% from the stock’s previous close. Several other research analysts also recently commented on the stock. Leerink Partners raised their price target on shares of UnitedHealth Group from $345.00 to $400.00 and gave the stock an “outperform” rating in a research note on Wednesday. Mizuho reduced…

Taiwan has formally acknowledged India’s role in supporting its ambitious Hai Kun-class Indigenous Defence Submarine program. This marks a significant moment in regional defence cooperation, as New Delhi’s technical and industrial contributions have been publicly recognised by Taipei.The Hai Kun-class represents Taiwan’s first attempt at building a domestically designed and manufactured submarine, a project that has drawn considerable international attention due to its strategic implications in the Indo-Pacific.Citing a report from Global Taiwan published in Feb 2206, India has not yet provided direct assistance to Taiwan’s submarine production program, but opportunities exist for informal collaboration due to shared challenges in…