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Governments across the world are fighting the COVID-19 threat and spending billions of dollars in addressing the pandemic. Despite the COVID crisis, the defense spending by most of the countries might not change drastically given the growing geopolitical tensions.According to Stockholm International Peace Research Institute or SIPRI, the global military expenditure rose 3.6% to $1.92 trillion in 2019 with the US topping the list with military spending of $732 billion (way more than China's $261 billion expenditure- the second-largest military spender). A defense bill of $740.5 billion is being planned for 2021 in the US compared to $738 billion in 2020.With this in mind, we will use the TipRanks' Stock Comparison tool to compare two leading defense companies Lockheed Martin and Raytheon Technologies to see which stock offers a more compelling investment opportunity.Lockheed Martin (LMT)Lockheed Martin is the world’s largest pure-play defense company. Its main customer is the US government, which...
US private employers added back a greater than expected 749,000 payrolls in September, according to ADP’s closely watched monthly private jobs report....
Does the September share price for eXp World Holdings, Inc. (NASDAQ:EXPI) reflect what it's really worth? Today, we......
Avenu's Percutaneous Fistula Creation Technology Will Strengthen the Medtronic Peripheral Vascular Access Portfolio and Reinforce Medtronic's Commitment to Improving Outcomes for Patients with End-Stage Renal DiseaseDUBLIN, Sept. 30, 2020 /CNW/ -- Medtronic plc (NYSE:MDT), the global leader in medical technology, today announced the planned acquisition of Avenu Medical, a privately held medical device company based in San Juan Capistrano, Calif....
The stock market may do worse than the historical norm after a debacle of a first debate between president Trump and challenger Joe Biden....
U.S. electric vehicle maker Tesla Inc is poised to start selling some Model 3 vehicles made in China equipped with cobalt-free lithium iron phosphate (LFP) batteries, two people familiar with the matter said. Tesla will announce the product change as early as Thursday, the two sources said. Tesla was not immediately available for comment....
