logo
Italy's Bridge to Nowhere Shows Defense-Boom Risks

Italy's Bridge to Nowhere Shows Defense-Boom Risks

Bloomberg8 hours ago
The defense boom in Europe is as close to a tech-style gold rush as the Old Continent can offer. Armaments stocks are outperforming Nvidia Corp., and defense-themed funds are amassing billions in anticipation of rising military spending in a more dangerous world. NATO allies have agreed to more than double defense spending goals to 5% of gross domestic product in the coming years.
But with so many countries already struggling to stump up the billions needed to keep up in artificial intelligence, reindustrialization and the energy transition, where's the cash going to come from? With the notable exception of Germany, many European countries are already near the limit of investor and voter patience with borrowing and taxation. And good luck shrinking the welfare state.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

The Smartest Growth Stock to Buy With $80 Right Now
The Smartest Growth Stock to Buy With $80 Right Now

Yahoo

time8 minutes ago

  • Yahoo

The Smartest Growth Stock to Buy With $80 Right Now

Marvell Technology has taken a beating on the market in 2025 despite outstanding growth. The chip designer seems capable of outpacing Wall Street's growth expectations in the long run. Marvell is on track to capitalize on the booming market for custom AI processors. 10 stocks we like better than Marvell Technology › Investing in fast-growth companies with solid prospects while they are trading at attractive valuations can be a reliable formula for making money in the stock market, and that's the reason why taking a closer look at Marvell Technology (NASDAQ: MRVL) right now would be a good idea. The chip designer's stock has had an uninspiring 2025 so far, losing 31% of its value as of this writing. The reason behind this drop is simple. Though Marvell has been registering outstanding growth, its impressive guidance has not been matching up to Wall Street's elevated expectations. The stock was down nearly 20% in a single day in March this year following its quarterly report as its outlook fell shy of the higher end of analysts' expectations, even though it was better than the midpoint of expectations. A similar story unfolded in June as the company delivered terrific results, but nitpicking by analysts about the company's relationship with one of its customers sent its stock packing once again. However, Marvell's growth and prospects for the company's end market should cause investors to look beyond the stock's latest slump. The shares now trade at just under $80 per share. So if you have even $80 that you're ready and able to invest today, buying Marvell stock with that money could turn out to be a smart long-term move. Marvell stock's steep decline in 2025 means that investors can get a great deal on it right now. It is now trading at just 22 times earnings, which is a nice discount to the tech-centric Nasdaq-100 index's average earnings multiple of 32. Yet, Marvell has been clocking incredible growth of late thanks to the lucrative market for custom artificial intelligence (AI) processors. Marvell controlled less than 5% of the custom AI processor market in 2023, when the size of the market stood at $6.6 billion. However, the company is aiming to increase its share to 20% by 2028, when it expects the size of that market to top $55 billion. That would put Marvell's custom AI revenue at $11 billion in three years. Meanwhile, Marvell sees its overall opportunity in the data center market -- including switching, storage, and data center interconnect -- increasing from $33 billion last year to $94 billion in 2028. It aims to corner 20% of this opportunity as well, up from 13% last year. The potential expansion of Marvell's data center opportunity along with the jump in its market share could take the company's data center revenue to just under $19 billion. That would be nearly five times the data center revenue it generated in its fiscal 2025 (which ended on Feb. 1). The important thing to note is that Marvell could indeed grab a bigger share of the custom AI processor market. The company pointed out at an AI-specific investor event last month that its custom AI chips are currently used by four customers. However, it expects to increase that count to 10 over the next three years by focusing on aggressive product development. The company is designing smaller chips that pack in more computing power while simultaneously reducing energy consumption, apart from improving its packaging technology so that it can equip custom AI processors with more high-bandwidth memory (HBM). Marvell has already announced that it is working on a 2-nanometer (nm) chip platform that could provide a 20% to 35% reduction in electricity consumption while increasing computing performance by 15% as compared to chips manufactured on the 3nm platform. As such, it won't be surprising to see the company getting more customers for its custom AI processors and delivering the healthy growth that it is projecting. That's why investors can expect this stock to blow past expectations. The analysts' consensus projections are for Marvell's revenue to increase at a healthy double-digit percentage rate over the next couple of fiscal years following a 43% increase in the current one. However, the growth potential of the data center business could help the company significantly exceed analysts' expectations. Marvell finished its fiscal 2024 with $5.77 billion in revenue, $4.16 billion of which was from the data center segment. If the company's data center revenue is five times higher in 2028, its top line could easily crush the forecast seen in the chart above. As a result, there is a strong possibility of Marvell stock regaining its mojo and flying higher in the long run. Throw in the company's attractive valuation, and it is easy to see why it looks like one of the smartest growth stocks to buy with just $80. Before you buy stock in Marvell Technology, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Marvell Technology wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $699,558!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $976,677!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Harsh Chauhan has no position in any of the stocks mentioned. The Motley Fool recommends Marvell Technology. The Motley Fool has a disclosure policy. The Smartest Growth Stock to Buy With $80 Right Now was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Galaxy Watch 8 series specs and prices leak, and it's expensive
Galaxy Watch 8 series specs and prices leak, and it's expensive

Android Authority

time12 minutes ago

  • Android Authority

Galaxy Watch 8 series specs and prices leak, and it's expensive

TL;DR The specifications and the prices of the Galaxy Watch 8, Watch 8 Classic, and Watch Ultra (2025) have leaked. The report also confirms the color variants of the three smartwatches, including a Noir (presumably, black) Watch 8 Classic. The Galaxy Watch Ultra remains largely unchanged, with the only notable exception being its additional blue color. The Samsung Unpacked event, set for later this week, has been preceded by a flurry of Galaxy Z Fold 7 and Flip 7 leaks. While the foldables have seized most of the limelight, the Galaxy Watch 8 series is also grabbing attention with a recent leak. Following recent leaks that highlighted Samsung's shift towards a squircle body, a new report by French website Dealabs reveals the specifications and tentative prices of the Galaxy Watch 8, Watch 8 Classic, and the Galaxy Watch Ultra (2025). Confirmed specifications include details about the 40mm and 44mm variants of the Galaxy Watch 8, which will feature 1.44-inch and 1.47-inch displays, respectively. Color options are limited to silver and graphite, while Samsung continues to use aluminum for the chassis. Both size variants witness a slight bump in individual battery capacities compared to the two sizes of the Watch 7. However, there is no information about the charging speed, which is expected to remain at 10W. Evan Blass Galaxy Watch 8 The Galaxy Watch 8 will reportedly also be reasonably slimmer than the Watch 7, now measuring 8.6mm across both sizes, down from 9.7mm previously. The lateral increase in size presumably allows Samsung to spread out the internals sandwiched between the front glass and the rear panel and make the smartwatch slimmer. Despite its bigger dimensions, the Galaxy Watch 8 Classic gets the same 1.34″ display as the smaller 40mm Watch 8. This is likely to accommodate a physical ring with indices around the display. The Classic, however, gets a large 445mAh battery and twice the internal storage as the regular Watch 8, at 64GB. Evan Blass Galaxy Watch 8 Classic The Galaxy Watch 8 also gets a more premium build, complete with a stainless steel frame and the iconic rotating dial, which is absent from the standard variants. It will be available in 'Noir' and 'Blanc' color variants, which are French words for black and white. Notably, only the white (actually, silver) colorway was previously leaked. Meanwhile, the Galaxy Watch Ultra (2025) continues the tradition of being molded from titanium and will be available in blue, gray, white, and silver colors, along with sports-style bands. The Watch Ultra will sport a larger 1.47″ display, identical to the previous generation, and no visible design changes. Battery capacities and the dimensions of the Galaxy Watch Ultra (2025) remain unchanged, too. Notably, another set of Galaxy Watch Ultra (2025) images leaked by the Dutch site Nieuwe Mobile reveals that Samsung will keep the same model number as the last generation. So, the only change we witness here is the new Blue color. Nieuwe Mobile Notably, the displays across all three models have been upgraded; they will now boast 3,000 nits of brightness and be protected under Sapphire glass. The choice of processor also remains the same as last year, with Samsung's own Exynos W1000 driving all three. Given that the platform was only upgraded last year, a new one made little sense. All models are also expected to run One UI 8 Watch, which is already available in beta for older models. Samsung Galaxy Watch 8 series leaked prices Along with the specifications of the Galaxy Watch 8, the leak also discloses the probable pricing of these watches. Here's what each of the models is reported to be priced at in France: Galaxy Watch 8 : 40mm Bluetooth-only: €379.99 40mm LTE: €429.99 44mm Bluetooth-only: €409.99 44mm LTE: €459.99 : Galaxy Watch 8 Classic : Bluetooth-only: €529.99 LTE: €579.99 : Galaxy Watch Ultra (2025) with LTE: €579.99 While the prices of the Galaxy Watch 8 and Watch 8 Classic have increased by up to €60, the price of the Watch Ultra remains the same. Reserve the next Galaxy for $50 Samsung Credit and a chance to win $5,000! Reserve the next Galaxy for $50 Samsung Credit and a chance to win $5,000! Unpacked is coming. The next generation of Galaxy is coming! Reserve your new Galaxy device today ahead of the July 9 launch and receive $50 Samsung Credit when you preorder and purchase the reserved device. Samsung is also offering 3x Samsung reward points in your pre-order purchase and a sweepstakes entry for a prize of $5,000 for one lucky winner! Sign up to save See price at Samsung Reserve the next Galaxy for $50 Samsung Credit and more savings! Got a tip? Talk to us! Email our staff at Email our staff at news@ . You can stay anonymous or get credit for the info, it's your choice.

Apple takes fight against $587 mln EU antitrust fine to court
Apple takes fight against $587 mln EU antitrust fine to court

Yahoo

time12 minutes ago

  • Yahoo

Apple takes fight against $587 mln EU antitrust fine to court

STORY: Apple challenged a $587 million EU antitrust fine in court on Monday (July 7). The EU sanctioned Apple for contravening landmark rules aimed at curbing the power of Big Tech. Regulators found in April that the iPhone maker had breached the Digital Markets Act… As its restrictions prevent app developers from steering users to cheaper deals outside the App Store. Apple said on Monday that the European Commission's decision goes 'far beyond what the law requires'. It added that regulators are forcing business terms which are confusing for developers and bad for users. Last month, Apple overhauled its App Store rules to comply with the EU order to scrap certain curbs on app developers. That was to avoid daily fines of 5% of its average daily revenue - or over $58 million a day. The EU competition watchdog is seeking feedback from app developers before deciding whether to accept the changes or demand more.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store