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Big tech takes back seat as military industrial complex soars

3 min read

The daily focus on the Magnificent 7 mega-stocks that dominate global technology makes it easy to miss this year’s surge in defence stocks.

European arms-makers and defence systems in particular have enjoyed a strong 2025 ever since US President Donald Trump threatened to withdraw his support for the North Atlantic Treaty Organisation earlier this year, spooking governments into ramping up...


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