Catenaa, Wednesday, August 27, 2025- A US stake in chipmaker Nvidia is “not on the table,” Treasury Secretary Scott Bessent said on Wednesday, as the Trump administration looks for stakes in various industries. “I don’t think Nvidia needs financial support, so that seems not on the table right now,” he said in an interview on […]

Catenaa, Tuesday, July 22, 2025- Lockheed Martin second-quarter profit plunged by about 80%, the company reported on Tuesday, after recording pre-tax losses of $1.6 billion, mainly linked to a classified program within its Aeronautics segment. The net income of the US defense giant fell to $342 million, or $1.46 per share, compared with $1.64 billion, […]

Catenaa, Tuesday, August 26, 2025- US Commerce Secretary Howard Lutnick implied that the government is looking at the defense sector and other industries for potential stakes in companies after a 10% stake deal with Intel. “Oh, there’s a monstrous discussion about defense,” Lutnick said Tuesday on CNBC when pressed on whether the administration was considering […]