Author: Defenceline Webdesk

Perpetual Ltd cut its position in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 37.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,689 shares of the semiconductor manufacturer’s stock after selling 7,131 shares during the quarter. Perpetual Ltd’s holdings in Micron Technology were worth $3,336,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors also recently made changes to their positions in MU. Omnia Family Wealth LLC raised its holdings in Micron Technology by 2.1% in the 4th quarter. Omnia…

Read More

by G H KumarOh, Mr President Trump, whatever are you tallying now amid the smoke and mirrors of Operation Epic Fury? One can’t help but chuckle at your eagle-eyed obsession with those “beautiful” aircraft plummeting from the skies like overripe fruit.Back in the day, during India’s Operation Sindoor, you couldn’t resist those barbed quips about the IAF’s supposed losses—tweeting away as if each downed jet was a personal affront to your golden hairdo.”India lost many planes!” you crowed, while the Pakistanis scrambled to claim a victory that never quite materialised. Fast forward to this fresh frenzy, and here you are…

Read More

Sovran Advisors LLC decreased its position in Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report) by 17.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,971 shares of the company’s stock after selling 2,994 shares during the period. Vanguard S&P 500 ETF accounts for 0.8% of Sovran Advisors LLC’s portfolio, making the stock its 27th largest position. Sovran Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $8,894,000 at the end of the most recent reporting period. A number of other hedge funds and other…

Read More

India is embarking on a bold new chapter in its aerospace journey with the decision to convert two Su‑30MKI fighter jets into dedicated flying testbeds for indigenous engine development, Zee News reported.The Gas Turbine Research Establishment, a premier laboratory under the Defence Research and Development Organisation, is spearheading this initiative, which is expected to accelerate the certification of homegrown aero engines, including the ambitious Kaveri 2.0 and other advanced high‑thrust systems for future fighter aircraft.The two selected Su‑30MKIs will be extensively modified with advanced instrumentation to record detailed performance data during flight. Unlike ground‑based laboratories, airborne testing will allow engineers…

Read More

Sovran Advisors LLC lifted its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 8.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,032 shares of the exchange traded fund’s stock after buying an additional 1,340 shares during the quarter. Invesco QQQ accounts for 1.0% of Sovran Advisors LLC’s portfolio, making the stock its 17th biggest holding. Sovran Advisors LLC’s holdings in Invesco QQQ were worth $11,212,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also…

Read More

The Indian Air Force has announced a bold initiative to develop hydrogen-powered autonomous airships, signalling a major technological leap in its surveillance and reconnaissance capabilities.The project, formally titled the Medium Altitude Heavy Lift Airship, is envisioned as a pilotless platform capable of operating at altitudes of around 30,000 feet while carrying payloads of up to 5,000 kilograms.The IAF has invited bids from Indian companies, stipulating that proposals must maintain at least 50 per cent indigenous content, though foreign collaboration is permitted.The airship is expected to serve multiple strategic roles, including persistent intelligence gathering, electronic warfare support, and communications functions akin…

Read More