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Defense stocks soar; U.S. strike on Venezuela heralds ‘hard power’ era

Defense stocks in Europe and Asia surged on Monday as investors assessed how the dramatic overthrow of Venezuelan leader Nicolas Maduro could herald a significant geopolitical shift that will boost the rearmament trade in the long run. Rheinmetall, Germany’s largest arms manufacturer, gained over 7% in early trade, while military technology and surveillance specialist Hensoldt…

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A banner year for markets in 2025

A trader wears “2026” glasses on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images May this year prove as lucrative as 2025, when the S&P 500 rallied 16.39% mostly on the back of enthusiasm over artificial intelligence, though…

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Anthropic’s Daniela Amodei on the company’s ‘do more with less’ bet

SAN FRANCISCO — Inside Anthropic headquarters, President and co-founder Daniela Amodei keeps coming back to a phrase that’s become a sort of governing principle for the artificial intelligence startup’s entire strategy: Do more with less. It’s a direct challenge to the prevailing mood across Silicon Valley, where the biggest labs and their backers are treating…

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