Kratos Defense & Security Solutions' SWOT analysis: stock soars on hypersonic focus

The US and China are back at the negotiating table for trade talks, with Treasury Secretary Scott Bessent leading discussions in Sweden. Meanwhile, UK bakery giant Greggs is brushing off a profit slump, blaming it on hot weather and a dip in demand—but insists the nation hasn’t hit "peak Greggs" just yet.

The new CEO of Stellantis (the parent company of brands like Jeep and Chrysler) isn’t sugarcoating things—expect more hard calls as the company tries to turn itself around. While he didn’t spell out specifics, the message is clear: restructuring, cost-cutting, or other major shifts could be coming soon.

Asian stock markets dipped today as investors grew wary of the lingering economic strain caused by tariffs. The reminder of trade barriers—especially between major economies like the U.S. and China—dampened optimism, nudging shares downward. It’s another sign that global trade tensions still cast a long shadow over markets.

Oil prices are ticking up after two key developments: the EU finalized a major trade agreement, and there are signs the US and China might extend their tariff truce. Both moves suggest smoother global trade ahead, which tends to boost demand for oil as economic activity picks up.

The Houthi rebel group in Yemen claims to have captured 10 crew members from a Greek-operated cargo ship that they reportedly sank off the coast of Yemen. The incident adds to growing tensions in the region, where Houthi forces have been targeting vessels in the Red Sea.