Trump, RTX stock and defense contractor
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Raytheon stock (RTX) plunged 10% after Trump’s Truth Social attack on defense contractors’ dividends, buybacks and executive pay, while proposing $1.5T military budget for 2027., US News, Times Now
President Trump said Wednesday he will be "taking steps to ban institutional investors from buying more single-family homes."
President Donald Trump said on Wednesday the 2027 U.S. military budget should be $1.5 trillion, significantly higher than the $901 billion approved by Congress for 2026, sending up defense stocks.
President Donald Trump says he wants to block large institutions from buying single-family homes, arguing that housing should belong to people, not corporations. The proposal lands as U.S. home prices and mortgage costs sit near record highs, keeping many first-time buyers locked out of the market.
President Trump's tariffs have coincided with significant weakness in the jobs market; investors will get important updates this week.
The nuclear energy sector is surging, fueled by a $2.7 billion funding injection from the U.S. Department of Energy, announced on Monday. The awards are a continuation of federal support of the domestic nuclear energy industry under the Trump administration's “nuclear renaissance” policy.
Rebuilding Venezuela's degraded oil infrastructure and returning it to full capacity will likely take years, experts say.