INSANE: 6 | Vintage Vibes

RTX’s Raytheon Lands $22.9 Billion Tomahawk Deal as US Rushes to Rebuild Missile Stockpiles Depleted by Iran War

The U.S. Navy on Monday awarded RTX Corp.’s (NYSE:RTX) Raytheon a $22.9 billion, seven-year contract to dramatically expand Tomahawk missile production as the Pentagon races to rebuild precision-weapon stockpiles depleted by the Iran war and other global commitments.

Benzinga · Aug 18

Google Plans to Pull All Pixel Production Out of China by 2027 Amid US-China Tensions: Report

Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google is reportedly relocating all production of its Pixel products from China by 2027, amid growing tensions between Washington and Beijing.

Benzinga · Aug 18

Gavin Newsom Touts Rideshare Drivers Union in California, Praises Push to Represent Uber, Lyft Drivers — Slams Trump for Attacking ‘Workers’ Rights’

Gov. Gavin Newsom (D-CA) has hailed the Service Employees International Union (SEIU) and California Gig Workers Union’s (CGWU) move to represent drivers working with ride-hailing companies Uber Technologies Inc. (NYSE:UBER) and Lyft Inc. (NASDAQ:LYFT).

Benzinga · Aug 18

Elon Musk Responds After Former Ukrainian Defense Minister Credits SpaceX With Saving Thousands of Lives

Elon Musk said he is "trying to do the right thing" after former Ukrainian Defense Minister Mykhailo Fedorov credited Space Exploration Technologies Corp. (NASDAQ:SPCX) with blocking unauthorized Russian use of Starlink in Ukraine, saying the intervention protected the country’s air defenses and saved civilian lives.

Benzinga · Aug 18

Chuck Schumer Slams Trump’s Iran MoU as ‘Utter Failure’ as Gas Prices Top $4: ‘One of the Greatest Foreign Policy Fiascos’

Senate Minority Leader Sen. Chuck Schumer (D-NY) slammed President Donald Trump on Monday amid rising fuel costs and ongoing tensions between Washington and Tehran, criticizing the earlier Memorandum of Understanding (MoU) signed between the U.S. and Iran.

Benzinga · Aug 18

Michael Saylor Says Don't Invest in Bitcoin Unless You’ll Hold It for Over 4 Years— MSTR Chair Offers No 'Useful Wisdom' for Short-Term Traders (UPDATED)

Editor’s Note: The story has been refreshed with the latest market price action.

Benzinga · Aug 18

Trump Says He's Making It 'Much Safer' With North Korea as Kim Jong Un Responded to His Talks Request: 'He Didn't Like Biden. He Didn't Like Obama'

President Donald Trump said North Korean leader Kim Jong Un responded to his request for talks while defending changes to U.S.-South Korea military exercises as a move to reduce tensions.

Benzinga · Aug 18

Rocket Lab Joins Boeing, Lockheed Martin and Northrop Grumman in $981M Space Force Program to Build Advanced Test Infrastructure

Rocket Lab Corp. (NASDAQ:RKLB) has been onboarded to the U.S. Space Force’s NITE-STAR program, a $981 million contract vehicle supporting space test and training infrastructure, the company announced Monday.

Benzinga · Aug 18

Tesla’s Steering-Wheel-Free Cybercab Could Hit Austin Streets This Month as Elon Musk Ramps Up Robotaxi Push: TSLA Stock Down 1.38% (UPDATED)

Editor’s Note: The story has been refreshed with the latest market price action and a revised headline.

Benzinga · Aug 18

Cathie Wood Buys $22.8 Million of Nvidia Stock, Ark Invest Dumps AMD and Palantir Shares

On Monday, Cathie Wood-led Ark Invest executed significant trades involving NVIDIA Corp. (NASDAQ:NVDA), Advanced Micro Devices, Inc. (NASDAQ:AMD), and Palantir Technologies Inc. (NASDAQ:PLTR).

Benzinga · Aug 18