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NASDAQ:PL 29 May 2025

Satellite Technology in Military and Defense: A Global Overview

Satellite Technology in Military and Defense: A Global Overview

The U.S. operates about 120–130 dedicated military satellites, while Russia and China maintain 70–80 and 60–70, respectively. India demonstrated an ASAT capability in 2019, and North Korea launched Malligyong-1 in 2023, claiming imagery of U.S. bases. Major debris events include Russia’s 2021 and China’s 2007 ASAT tests. Ukraine used Starlink for communications after Russia’s 2022 cyberattack on Viasat.
29 May 2025
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Stock Market Today

  • J.M. Smucker Shares Rise After Earnings Beat Despite Sales Warning
    June 9, 2026, 10:05 AM EDT. J.M. Smucker shares rose 3.16% in pre-market trading after the company reported a 20% rise in adjusted earnings per share to $2.77, beating Wall Street estimates. The packaged-food firm grew net sales by 6% to $2.27 billion in Q4 but issued a cautionary note, forecasting a 3-4% decline in annual sales for fiscal 2027, below analysts' expectations of 1% growth. CEO Mark Smucker highlighted a focus on organic volume growth and profit improvement amid shifts in industry pricing strategies. Coffee sales drove quarterly results with a 12% retail sales increase but volume declines. The company flagged risks including consumer shifts to store brands, weight-loss drug impacts, and tariff fluctuations. Smucker's outlook balances lower sales with improved profitability.

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