Defense Spending Picks Up As Security/Threat Detection Companies Position To Capitalize
Defense spending has increased by 5.3% over the last year with the passing of a $717 billion defense budget in Congress. New companies will look to develop and advance their defense and security products with government funding and contracts. How could the markets react?
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Food Delivery & Packaging Puts Spotlight on Stocks
Delivery has also become a HUGE opportunity to build business for food service companies & delivery companies alike. Uber Eats has about 20% of the market, while GrubHub, including Seamless and Eat24, has 52%. In its latest funding effort, DoorDash raised $250 million after the five-year-old San Francisco-based startup raised $535 million in March. But this is just the tip of the iceberg!
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Biotech IPOs Gain Momentum As Five More Companies File
Biotech companies have been going public at a pretty impressive pace in the recent months and the trend is all set to continue as five more companies submitted their papers to the Securities and Exchange Commission on Friday last week. Here’s a quick look at each of those five biotech companies.
