
Northrop Grumman Raises Profit, Sales Outlook on Defense Demand
The maker of the B-2 bomber that was used in the recent Iran campaign now predicts annual profit per share of $25.00 to $25.40. The company also narrowed its full-year revenue forecast to between $42.05 billion and $42.25 billion, according to a statement on Tuesday.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Warren Buffett Has 56% Of His $258 Billion Portfolio's Value Exposed To AI: Here Are The 5 Stocks That Are Leveraging AI Within Berkshire's Holdings
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The 'Oracle of Omaha' — Warren Buffett is not invested in any pure-play artificial intelligence (AI) companies, but he holds these five stocks via Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK), which leverage AI in their businesses on scale. Check out the BRK-B stock price here. What Happened: While the companies that Buffett holds via Berkshire don't directly make or create AI-related products or services, about 55.77% of the value of its total $258.701 billion portfolio is invested in these five firms, leveraging AI heavily on a day-to-day basis. Out of the total 36 holdings as of the end of the first quarter, Berkshire holds about $114.423 billion worth of shares in Apple Inc. (NASDAQ:AAPL), American Express Co. (NYSE:AXP), Visa Inc. (NYSE:V), Mastercard Inc. (NYSE:MA), and Inc. (NASDAQ:AMZN). Trending: 7,000+ investors have joined Timeplast's mission to eliminate microplastics—Company Holdings (as of March 31) % In The Portfolio Value (as of March 31) Apple Inc. (NASDAQ:AAPL) 300,000,000 26% $66.639 billion American Express Co. (NYSE:AXP) 151,610,700 16% $40.79 billion Visa Inc. (NYSE:V) 8,297,460 1.1% $2.907 billion Mastercard Inc. (NYSE:MA) 3,986,648 0.8% $2.185 billion Inc. (NASDAQ:AMZN) 10,000,000 0.7% $1.902 billion Apple Not an AI stock in the traditional sense, but Apple heavily integrates AI into its products and services. Features like Siri, on-device machine learning for Face ID, photo processing, and Apple Intelligence (AI-driven features in iOS) show deep AI investment. Its focus on privacy-preserving AI and custom silicon (e.g., Neural Engine in A-series chips) positions it as a leader in consumer AI applications. American Express Also, not an AI stock, Amex uses AI for credit risk assessment, fraud detection, and personalized marketing. Its data-driven approach leverages machine learning to enhance customer experiences, but its core business is financial services and payments, not AI development. Amazon While primarily an e-commerce and cloud computing giant, Amazon is a major AI player through Amazon Web Services (AWS), which offers AI and machine learning tools like SageMaker, Bedrock, and Titan models. AI powers Amazon's recommendation algorithms, logistics optimization, and Alexa. Its cloud dominance makes it a backbone for many AI companies, so it's closer to an AI stock than Not an AI stock, but Visa uses AI extensively for fraud detection, risk management, and transaction personalization. Its VisaNet processes massive data sets, leveraging machine learning to enhance security and efficiency. However, AI is a tool for Visa, not its core business, which remains payment processing. Mastercard Similar to Visa, Mastercard is not an AI stock but employs AI for fraud prevention, cybersecurity, and customer insights. Its AI-driven Decision Intelligence platform analyzes transaction patterns in real time. Like Visa, AI supports its payment network but isn't the primary focus. Why It Matters: Other prominent stocks within Berkshire's portfolio as of the end of the first quarter include Coca-Cola Co. (NYSE:KO), Bank of America Corp. (NYSE:BAC), Chevron Corp. (NYSE:CVX), Occidental Petroleum Corp. (NYSE:OXY), and Moody's Corp. (NYSE:MCO). As he remains the chairman of the Board, Buffett announced during Berkshire's 60th annual shareholders meeting that he will be retiring by the end of the year. Berkshire's board has voted to appoint Greg Abel as the CEO, effective Jan. 1, 2026. Read Next: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image Via Shutterstock This article Warren Buffett Has 56% Of His $258 Billion Portfolio's Value Exposed To AI: Here Are The 5 Stocks That Are Leveraging AI Within Berkshire's Holdings originally appeared on
Yahoo
4 hours ago
- Yahoo
Shiba Inu Burns 600 Million SHIB In Single Day: What Is Going On?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Shiba Inu (CRYPTO: SHIB) is seeing a new spike in its burn rate after its expansion to the Base blockchain, renewing hopes for a fresh Ticker Price Market Cap 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001353 $7.97 billion -13.1% Dogecoin (CRYPTO: DOGE) $0.2308 $34.7 billion -17.7% Pepe (CRYPTO: PEPE) $0.00001218 $5.1 billion -12.7% Trader Notes: According to TradingView's July 26 analysis, SHIB was consolidating just below key resistance at $0.00001402 on the 2-hour chart. The setup suggests a bearish scenario may play out, with a minor bounce followed by a drop toward the $0.00001299 support zone. Resistance levels to watch: $0.00001405 $0.00001432 Don't Miss: Be part of the breakthrough that could replace plastic as we know it—invest in Timeplast before the July 31st deadline and help revolutionize a $1.3T industry. This AI-Powered Trading Platform Has 5,000+ Users, 27 Pending Patents, and a $43.97M Valuation — You Can Become an Investor for Just $500.25 Statistics: Shibburn data shows the burn rate spiking 374,629.7%, as a single transaction involved the burn of 600.7 million SHIB, worth $8,300. IntoTheBlock data shows Shiba Inu large transaction volume dropping by 71.2%, while daily active addresses grew by 12.9% in a single day. Community News: In a major update, Shiba Inu announced that SHIB is now live on the Base blockchain, Coinbase's Ethereum Layer-2 network. The move is aimed at strengthening its burn mechanics and building new DeFi utility. The team called it the 'burn engine fuelling the whole ecosystem,' with Creator Coin activity on Zora contributing to over 600 million SHIB burned. "The more it grows on Base, the bigger the blaze," the team stated, emphasizing scarcity-driven value appreciation. Read Next: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image: Shutterstock This article Shiba Inu Burns 600 Million SHIB In Single Day: What Is Going On? originally appeared on
Yahoo
5 hours ago
- Yahoo
Shiba Inu Burns 600 Million SHIB In Single Day: What Is Going On?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Shiba Inu (CRYPTO: SHIB) is seeing a new spike in its burn rate after its expansion to the Base blockchain, renewing hopes for a fresh Ticker Price Market Cap 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001353 $7.97 billion -13.1% Dogecoin (CRYPTO: DOGE) $0.2308 $34.7 billion -17.7% Pepe (CRYPTO: PEPE) $0.00001218 $5.1 billion -12.7% Trader Notes: According to TradingView's July 26 analysis, SHIB was consolidating just below key resistance at $0.00001402 on the 2-hour chart. The setup suggests a bearish scenario may play out, with a minor bounce followed by a drop toward the $0.00001299 support zone. Resistance levels to watch: $0.00001405 $0.00001432 Don't Miss: Be part of the breakthrough that could replace plastic as we know it—invest in Timeplast before the July 31st deadline and help revolutionize a $1.3T industry. This AI-Powered Trading Platform Has 5,000+ Users, 27 Pending Patents, and a $43.97M Valuation — You Can Become an Investor for Just $500.25 Statistics: Shibburn data shows the burn rate spiking 374,629.7%, as a single transaction involved the burn of 600.7 million SHIB, worth $8,300. IntoTheBlock data shows Shiba Inu large transaction volume dropping by 71.2%, while daily active addresses grew by 12.9% in a single day. Community News: In a major update, Shiba Inu announced that SHIB is now live on the Base blockchain, Coinbase's Ethereum Layer-2 network. The move is aimed at strengthening its burn mechanics and building new DeFi utility. The team called it the 'burn engine fuelling the whole ecosystem,' with Creator Coin activity on Zora contributing to over 600 million SHIB burned. "The more it grows on Base, the bigger the blaze," the team stated, emphasizing scarcity-driven value appreciation. Read Next: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image: Shutterstock This article Shiba Inu Burns 600 Million SHIB In Single Day: What Is Going On? originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data