"After the long and difficult negotiations with Senators, Congressmen, Secretaries, and other Political Representatives, I have determined that, for the Good of our Country, especially in these very troubled and dangerous times, our Military Budget for the year 2027 should not be $1 Trillion Dollars, rather $1.5 Trillion Dollars. This will allow us to build the 'Dream Military' that we have long been entitled to, and, more importantly, that will keep us SAFE and SECURE, regardless of foe."
"Defense Companies are not producing our Great Military Equipment rapidly enough and, once produced, not maintaining it properly or quickly,"
"While the stock is off 40% from its July highs, under the surface of the 4Q25 crypto correction, the company's product velocity has increased, and its TAM expanded in parallel,"
Major indices pulled back after testing new highs; the S&P 500 is down about nine points, the SPDR S&P 500 ETF (SPY) is down about 75 cents, the Dow is down 171 points, and the Nasdaq is down about 51 points. Defense stocks regained momentum after an earlier pullback following President Trump's comments restricting dividends, buybacks, and executive pay until production speeds increase. President Trump called for a $1.5 trillion 2027 defense budget to build a "Dream Military" and enhance national security. Bank of America upgraded Coinbase to a buy, citing increased product velocity and expanded TAM, and reiterated a buy on Nvidia.
Read at 24/7 Wall St.
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