Furious Rally in US Defense Stocks Faces Earnings Reality Check

An increasingly unstable global geopolitical order has turbocharged stocks of military contractors in recent months. Now, with some of the biggest names in the industry set to report earnings this...

By Arvelisse Bonilla Ramos, Matthew Griffin · Bloomberg Markets

An increasingly unstable global geopolitical order has turbocharged stocks of military contractors in recent months. Now, with some of the biggest names in the industry set to report earnings this week, investors are eager for evidence that the rally is rooted in reality.