News

U.S. halts arms sales, considers aid suspension to Ukraine

U.S. halts military aid to Ukraine, impacting weapons supply amid ongoing conflict with Russia, raising concerns over Kyiv’s defense capabilities.

Published

8 months ago

March 4, 2025

ticker NEWS

U.S. halts military aid to Ukraine, impacting weapons supply amid ongoing conflict with Russia, raising concerns over Kyiv’s defense capabilities.

In Short

The Trump administration has suspended new weapon sales to Ukraine, impacting its military amid the conflict with Russia. Tensions have risen between Trump and Ukrainian President Zelensky, while a coalition of European leaders seeks to create a peace plan to alleviate Ukraine’s military supply issues.

The Trump administration has halted financing for new weapons sales to Ukraine, significantly impacting its military capabilities amid ongoing conflict with Russia.

Recent statements from Trump condemned Ukrainian President Zelensky for comments about the prolonged nature of the war, indicating rising tensions between the two leaders.

In late January, the administration mandated a freeze on all foreign aid, aside from that directed to Israel and Egypt. The U.S. recently approved significant military aid to Israel while continuing to withhold assistance from Ukraine.

Although Secretary of State Marco Rubio signed a waiver to allow foreign assistance to Ukraine, required actions by the State Department to facilitate this aid have not been completed.

As a result, new weapons deals under the Foreign Military Financing system for Ukraine have effectively been stalled. Ukraine relies on various channels for military supplies, but the most significant source has been direct shipments from U.S. military stockpiles.

On the agenda for the White House is a meeting to assess the futures of ongoing arms shipments to Ukraine, amplified by worsening diplomatic relations.

Without further U.S. support, Ukraine may manage to sustain its current military efforts for a short period, thanks to prior deliveries. However, a halt in U.S. aid could severely restrict access to advanced weapon systems essential for countering Russia.

A coalition of European leaders is forming to develop a peace plan for Ukraine, which may partially mitigate potential shortfalls in military supply. Long-term implications of diminished U.S. support could adversely affect Ukraine’s military strategy and operational capabilities.

News

This may be the AI market correction, according to traders

US stocks tumble as tech giants report uneven earnings, prompting fears of a looming market correction.

Published

4 hours ago

November 5, 2025

Ahron Young

US stocks tumble as tech giants report uneven earnings, prompting fears of a looming market correction.

US stocks have taken a sharp dive as investors grow nervous about stretched valuations and uneven earnings reports from tech giants. Major Wall Street banks, including Morgan Stanley and Goldman Sachs, are warning that the rally could be nearing a 10% correction – a wake-up call for traders betting on unstoppable market momentum.

Nvidia, the world’s most valuable public company, dropped nearly 4%, wiping out around $200 billion in market value. Meanwhile, Palantir slid 6%, dragging other AI and semiconductor names lower. Even gold — a traditional safe haven — dipped 1.6%, signaling widespread investor anxiety.

Bitcoin also broke below the $100,000 mark for the first time since June, underscoring how jittery markets have become. As earnings season unfolds and the US government shutdown looms, investors are questioning whether the bull run that lifted the S&P 35% since April has finally run out of steam.

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News

Dick Cheney dies at 84: The end of an era in American power

Former Vice President Dick Cheney dies at 84, leaving a controversial legacy in American politics and national security.

Published

4 hours ago

November 5, 2025

Ahron Young

Former Vice President Dick Cheney dies at 84, leaving a controversial legacy in American politics and national security.

Former U.S. Vice President Dick Cheney has died at the age of 84, marking the end of one of the most influential — and controversial — political careers in modern American history. Cheney served under four Republican presidents, most notably George W. Bush, where he became known as one of the most powerful vice presidents in U.S. history.

His family confirmed he passed away from complications related to pneumonia and heart disease. Cheney’s decades in Washington were defined by his hardline approach to national security and his role in shaping America’s response to the September 11 attacks.

Even after leaving office, Cheney remained a strong defender of his policies, particularly the 2003 invasion of Iraq. His passing leaves behind a complicated legacy — one that reshaped U.S. foreign policy and continues to influence Republican politics today.

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News

Nasdaq sell-off deepens amid AI stock concerns

Nasdaq sell-off worsens as AI stock valuations spark investor concerns and Palantir shares plummet despite strong earnings

Published

7 hours ago

November 5, 2025

Ahron Young

Nasdaq sell-off worsens as AI stock valuations spark investor concerns and Palantir shares plummet despite strong earnings

In Short:
– Stocks fell due to concerns over AI valuations; S&P 500 down 1.2%, Nasdaq down 1.9%.
– Palantir shares dropped 9% despite strong performance, raising questions about sustainability of high valuations.

Stocks fell on Tuesday as investor concerns regarding artificial intelligence valuations impacted major indices.

The S&P 500 declined by 1.2%, and the Nasdaq Composite dropped by 1.9%, while the Dow Jones Industrial Average lost 304 points, equating to a 0.6% decrease.Palantir shares dropped 9%, despite the company’s strong third-quarter performance and positive forecasts attributed to its AI sector growth. The stock has surged over 150% this year, yet trades at over 200 times its forward earnings, leading investors to question whether such valuations can be sustained.

Other tech stocks also faced declines, including Oracle and AMD, which saw drops of 4% and more than 3%, respectively.

Gains in AI stocks have inflated the S&P 500’s price-earnings ratio above 23, raising concerns about stock valuations. Ameriprise market strategist Anthony Saglimbene highlighted potential risks, stating that investors are questioning if future profit growth will support high capital expenditures.

Market Outlook

Comments from executives at Goldman Sachs and Morgan Stanley further added to market worries.

Both firms predicted potential market pullbacks, with drawdowns of 10% to 20% possible within the next two years. Saglimbene noted a narrow market breadth in recent months, suggesting limited alternatives if a downturn occurs in the tech sector.