uk—based bae systems, europe's largest defense manufacturer, saw an almost 15%jump, along with strongthales and germany's rheinmetall, maker of the leopard 2 tank. this follows a diplomatic push in europe after the acrimonious collapse of us—ukraine talks on friday. investors are betting on a european re—armament cycle as the white house pressures the continent to invest more in its own security. meanwhile, bond markets are reacting, with european debt if you think this is a top 15 company— if you think this is a top 15 company in the uk, over 40 billion— company in the uk, over 40 billion size in terms of how we value — billion size in terms of how we value it. — billion size in terms of how we value it. so _ billion size in terms of how we value it, so being up 14% higher morning is a sharp move higher in bond — morning is a sharp move higher in bond yields. it's the same across— in bond yields. it's the same across europe particularly funnily— across europe particularly funnily enough in you are seeing the real political outing pulled of the to new government needing to persuade th

europe's biggest defence manufacturer — uk—based bae systems — saw its shares jump by almost 15%. were similar big gains for french defence tech giant thales and germany's rheinmetall, which makes the leopard 2 tank. speaking in the past hour, britain's prime minister sir keir starmer outlined how ukraine would be able to tap into british—made weapons. a partnership with ukraine that allows them to use £i.6 a partnership with ukraine that allows them to use £1.6 billion of export finance to buy 5000 air defence missiles manufactured in belfast. that means ukjobs, uk skills, uk finance pulling together for our national interest. putting ukraine in the strongest possible position for peace and protecting innocent civilians from the terror of russian drones. well, defence stocks are up, gas prices are rising. and bond markets have also been reacting to the latest geopolitical tensions. yields — or implied borrowing costs on british and german government debt — have been surging on fears about the cost of all this military spending. a little earlier, i discussed that with thomas more,

italy's leonardo francis and the uk's bae systems all posting their best day in at least 25 years.s heard this kind of talk before. the question is whether europe will finally follow through. and what does it mean for u.s. defense firms with big exposure? we'll dig into that. but first we'll dig into the market internals. with stocks continuing to weaken this afternoon. bearish sentiment building. but our guest is buying the dip. he'll join us next with where he's seeing opportunity. don't go anywhere. >> techcheck is sponsored by comcast business. powering possibilities. >> in the world of investing. >> a beast lurks between the numbers. some watch from the safety of the sidelines, but others saddle up and ride that one ton rowdy ribeye for all he's got. if that's you, join us on tastytrade. named best online broker for options trading. genius loves company. >> here you go. >> is there any way to get a better price on this? >> have you checked single care? whenever my customers ask how to get a better price on their meds, i tell them about single care. it's a free app accepted at

they are soaring overseas names like italy's leonardo, paris based palace group, dassault aviation, bae systems, germany's rheinmetall and more. they're not just hired today, kelly, but they're up huge this year. anywhere from 23 to 80%. i will post the full name to my x account at cnbc. >> look at those gains year to date. just incredible. that run is. lots more to come. but first, a massive shift over at the regional bank ending a 100 year old business segment. we'll ask the ceo what led to that decision and what it means for the housing market next. >> with allegra. >> i hope you can. >> stop being. >> sneezy without feeling sleepy. get 0% brain interference for fast non-drowsy allergy relief with allegra, it's a no brainer. see disney's snow white, march 21st rated pg. >> omaha steaks. semiannual sale is back! >> save 50% site wide on america's. >> best steaks. >> chicken, burgers. >> and more, all backed by our 100% guarantee. right now, you'll get 12 omaha steaks bu ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a lif

in defense stocks, you are seeing a monster rally on rheinmetall, bae systems.like that will medic break down friday could spark a big change in europe. lisa: maybe that is they kick in the pants to get them to actually spend on defense spending. you mentioned the reuters report earlier that came out with something to the tune of one trillion euros in spending from germany, from the joint european union as a result of needs to beef up defense spending as well as infrastructure. a question of whether this is realistic, given the appetite, given the lack of political leadership in europe. at the same time, people are taking it seriously enough you are seeing moves in the market. i wonder if this could boost some of the outlook for growth, the ecb meeting thursday could be interesting. jonathan: this is what the president of the u.s. would like to see, these kind of outcomes. annmarie: he does not want to see a europe that continues to rely on the united states when it comes to defense. the administration wants to see europe step up. by the way, that is bipartisan.

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