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@NightOwl@lemm.ee to World News@lemmy.ml • 2 years ago

Defense stocks jump as war rages between Israel and Hamas

markets.businessinsider.com

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Defense stocks jump as war rages between Israel and Hamas

markets.businessinsider.com

@NightOwl@lemm.ee to World News@lemmy.ml • 2 years ago
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Northrop Grumman stock jumped as much as 12% on Monday, with General Dynamics, Lockheed Martin, and RTX also surging.
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  • @Mongostein@lemmy.ca
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    31•2 years ago

    Kinda fucked up that the military is tied to private interests in any way.

  • @badbytes@lemmy.world
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    26•2 years ago

    Imagine buying stock and hoping for wars.

    • @Porka_911@sopuli.xyz
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      15•2 years ago

      Imagine buying stocks and making a war. defence companies wet dreams at the moment.

  • macniel
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    21•2 years ago

    Ferengi Rules of Acquisition number 34.

    War is good for business

    • ivanafterall
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      6•
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      2 years ago

      I Googled “Ferengi Rule 34” and that was not what I got.

    • taanegl
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      2•2 years ago

      Ferengi Rules of Acquisition number 35:

      Peace is good for business.

  • @zerfuffle@lemmy.ml
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    14•
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    2 years ago

    In case anyone wondered why Israel would ignore Egyptian warnings of an imminent attack, this is why.

    War is good for business.

    • Lemmygradwontallowme [he/him, comrade/them]
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      1•2 years ago

      Can you show me an article of one?

      • @zerfuffle@lemmy.ml
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        9•2 years ago

        There was one posted yesterday I think. Here it is: https://www.timesofisrael.com/egypt-intelligence-official-says-israel-ignored-repeated-warnings-of-something-big/

        • Lemmygradwontallowme [he/him, comrade/them]
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          1•2 years ago

          While it contains anonymous source, this is the times of ISRAEL, so I guess its plausible (I mean the timing was just after the Yom Kippur war’s anniversary)…

  • @wolf6152@lemm.ee
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    13•2 years ago

    Yay the US economy can continue to function!!

    • Lemmygradwontallowme [he/him, comrade/them]
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      7•2 years ago

      Line goes up… line goes up, boys!!!

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